Natural Gas Pipeline

?U.S. The spot price of natural gas for Tuesday at the Waha Hub, in West Texas, turned positive for the first time since February. This is because the demand for fuel has increased with the arrival of summer air conditioning and as energy firms are finishing spring pipeline maintenance. Electric companies use more gas during summer as businesses and homes crank up the air conditioners. Gas-fired power plants account for about 40% of U.S. electricity generation. Prior to Tuesday, Waha's next-day price had been below zero for an unprecedented?90 consecutive days as pipeline restrictions from spring maintenance trapped the gas...

The U.S. Army Corps of Engineers said that the Dakota Access oil pipeline could continue to?operate under stricter environmental?and?safety conditions. This was a blow for Native American tribes, and environmental groups who have opposed the project due to the risks it poses to a vital water supply. In 2020, a U.S. Court ordered the Army Corps - the federal agency that oversees permit approvals - to conduct a more thorough environmental study on the pipeline's route beneath a lake that spans the border between North Dakota and South Dakota. DAPL has remained operational during the review. The Bakken oil shale...

The U.S. Army Corps of Engineers said that the Dakota Access oil pipeline could continue to operate 'with stricter safety and environmental?mandates. This is a major blow for Native American tribes who have fought against the pipeline route over a vital water supply. In 2020, a U.S. Court ordered the Army Corps - the federal agency that oversees permit approvals - to conduct a more thorough environmental study on the pipeline's route beneath a lake that spans the border between North Dakota and South Dakota. DAPL (also known as the DAPL pipeline) has been operating during the review. The Bakken...

Enbridge announced a first-quarter adjusted profit that exceeded analysts' expectations on Friday. The 'pipeline operator' is able to maintain steady growth in spite of geopolitical tensions, commodity price volatility and rising demand for utility infrastructure, natural gas and power for data centers. The company reported that it added projects valued at about C$2 billion (about $1.47?billion) during the third quarter. These included the Cone wind project in Texas, expansions of the Tres Palacios, Dawn Hub, and Vector Pipeline storage facilities. The secured growth backlog of the company is now about C$40billion and will be funded by its annual investment capacity...

U.S. Pipeline Operator ONEOK increased its annual earnings forecast 'on Tuesday, after reporting a first-quarter core income that exceeded estimates. This was due to higher volumes in its natural /gas liquids, its gas?processing, and its pipeline systems. The 'company' raised its expectations for 2026 net profit to a range between $3.21 billion and $3.79 billion compared to its previous forecast of $3.19 to $3.71. The company also raised its EBITDA forecast to $8.0 to $8.5 billion from the previous range of $7.9 to $8.3billion. Midstream operators in the U.S. are benefiting from the rising production of shale gas, especially from...

Kinder 'Morgan exceeded Wall Street expectations for first-quarter profits on Wednesday. This was aided?by the higher volumes of?natural gas transported through its pipelines. U.S. Pipeline companies benefit from the booming oil and natural gas production in the Permian basin, and from rising?natural?gas demands due to record LNG shipments and increasing electricity usage from AI operations and cryptocurrency mining. The company reported that it transported approximately 49,475 billion British thermal units (Btu) of natural gas per day during the quarter. This compares to 45,978 Btu/day a year earlier. Natural gas futures in the U.S. averaged $9.54 for a million British thermal...

U.S. spot electricity and natural gas prices in Texas, California and other states traded in the negative territory on Tuesday due to mild weather that kept both heating and cooling usage low. This allowed for more energy demand from 'hydro' and other renewable sources. Negative gas prices can be a sign of too much gas or power being produced, forcing some companies to reduce their output or pay other firms to buy the gas or power. Gas prices in West Texas at the Waha hub are average cash prices. The econometric index remained negative for 47 consecutive days, a record....

The Iran war seems to have a similar impact on oil and gas, as missiles, drone attacks and shipping disruptions clog up the Strait of Hormuz. Underneath the surface symmetry, there is a serious imbalance. Gas consumers are more affected by the 'global supply chain' because it has less rerouting and storage options than the oil markets. The construction and repair of key gas infrastructure, liquefaction plant in particular, is more expensive and complex than the equivalent oil infrastructure. Oil refineries are able to resume operation more quickly after a shutdown than export hubs for?liquefied?natural?gas. The prices have shown the...

The Iran war seems to have a similar impact on oil and gas, with missiles, drone attacks and shipping disruptions choking the Strait of Hormuz. Underneath the surface symmetry, there is a serious imbalance. Gas consumers are more affected by the global supply chain because it has fewer rerouting and storage options than the oil markets. Gas infrastructure, liquefaction plant in particular, is more complicated and expensive to build and maintain than oil equivalents. Oil refineries are able to resume operation more quickly after a shutdown than LNG export hubs. Prices have made this imbalance clear: European and Asian benchmarks...

TC Energy CEO Francois Poirier said that the disruption?to global liquefied gas?supplies caused?by the?Iran 'war?will make it more likely for a second phase of Canada's massive LNG Canada to be built. He made this prediction in Houston, Texas on Monday. While only a few weeks ago market watchers were predicting a glut of LNG worldwide, the 'Iran war' has highlighted the importance of LNG which can be delivered directly to Asia without having to transit the Strait of Hormuz. TC Energy CEO Francois Poirier stated. TC's Coastal GasLink pipe supplies natural?gas for the Shell-led LNG Canada plant located near Kitimat...

Two sources familiar with the matter said that?Colombia’s foreign and defence ministers traveled to Caracas, Venezuela, on Friday after a postponement of the meeting between a?Colombian president Gustavo Petro and a?acting president Delcy Rodriquez. This was the first bilateral meeting at the presidential level that Rodriguez had since taking power after her predecessor was ousted by the United States. The meeting is likely to focus on bilateral trade which Petro will close at the end of August. They are also expected to discuss energy cooperation, such as an agreement reached this week for the repair of a damaged portion of...

U.S. spot gas prices for the Waha Hub on Thursday Permian production in West Texas has been in decline for the 25th consecutive day as a result of pipeline restrictions. This is causing some analysts to predict a reduction in gas production in the near future. Energy firms are likely to boost Permian production in the long-term as more gas pipelines enter service, as rising oil prices due to the Iran War encourage oil and gas production. Analysts have said for years that negative prices, where some energy companies are forced to pay other firms to take the?gas produced by...

China's crude oil imports increased 15.8% from a year ago in the first two months of 2026, according to official data released?on? Tuesday. Refineries?maintained a high?throughput and?increased?stockpiling. China releases combined import data from January and February in order to reduce the impact of a Lunar New Year weeklong holiday that fell during the second half February of this year. According to the General Administration of Customs, imports between January and February amounted to 96.93 metric tons or approximately?11.99 billion barrels per day. According to Oilchem, an independent Chinese consultancy, the capacity utilisation rate of Chinese refineries was 71.3% and 73.2%...

Snam, the Italian gas grid operator, announced on Friday that it had scrapped its plans to buy a minority stake of Germany's biggest independent gas transmission company. The German Economy Ministry has resisted. Berlin's concern over the 920 million-euro ($1.1billion) transaction is due to the fact that China's State Grid is an indirect shareholder in Snam. This was reported earlier today, citing sources who are familiar with the issue. The Italian group has signed an agreement in April to purchase a 24.99% share in Open Grid Europe Infinity Investments in Abu Dhabi has acquired the owner of's (OGE), Vier Gas...

Energy Transfer, a U.S. exporter, said that despite the fact that U.S. ethane restrictions have been lifted, it will be more difficult for Chinese companies to enter into contracts, even though these restrictions were already lifted. In late May and early in June, the U.S. imposed restrictions on exports to China including ethane. They did this after Beijing was accused of limiting shipments of rare Earths essential to automakers and many other industries. Last month, the restrictions were lifted. However, they caused disruptions in ethane flows and significant delays for shipments. Marshall McCrea said, "That's a bit of a black-eye...

JERA, Japan’s largest power generator, announced on Thursday that it has signed new supply agreements for U.S. LNG from four projects in order to diversify its portfolio and move away from its dependence on Australia. JERA intends to purchase up to 5.5 millions metric tons of U.S. Liquefied Natural Gas (LNG) per year under 20-year agreements, with deliveries beginning around 2030. This total includes previously reported agreements as well as recently announced ones. This move demonstrates Japan's desire to secure a stable and flexible LNG source to meet the growing demand for electricity due to data centre expansion. The country...

According to company statements and sources, several U.S. producers of LNG are trying to renegotiate with buyers higher prices due to rising construction, labor, and borrowing costs. The higher prices will reduce the competitiveness of U.S. LNG on the global markets, especially at a moment when President Donald Trump wants to expand this industry. Alex Munton is the director of Global Gas and LNG Research at Rapidan Energy Group. He said that "the competitiveness of U.S. Liquefied Natural Gas (LNG) could be affected by a double-whammy." Munton said that rising liquefaction prices, a tighter gas market at home, and declining...

Three officials with knowledge of the situation say that Japan may offer support for a $44billion gas pipeline in Alaska to appease U.S. president Donald Trump and avoid potential trade friction. Sources said that officials in Tokyo believe Trump will bring up the project - which he said was important for U.S. security and prosperity - when he meets Japanese prime minister Shigeru Ishiba in Washington for the first meeting as early as next week. The overall cost of gas is a concern for Japan, compared to other sources. Officials said that Japan is willing to look into a possible...

China's petroleum imports jumped in November from a year earlier for the first annual growth in seven months, information showed on Tuesday, as lower prices of Middle East supplies and stockpiling need enhanced purchasing. The world's leading petroleum buyer took in 48.52 million metric heaps last month, information from the General Administration of Customs showed, up 14.3% from 42.45 million heaps a year previously and comparable to about 11.81 million barrels daily. Everyday typical imports are the highest because August 2023 and up from a low base in November 2023 of 10.33 million bpd. In spite of the rebound, year-to-date...

A government official announced on Thursday that Guyana had received preliminary approval by the U.S. Export-Import Bank to receive a loan guarantee of more than $500,000,000 for a gas-fired power project and a gas processing facility. The construction of the gas-to energy project, estimated at $2 billion, is already underway. The gas pipeline has been installed but the construction of the 300 megawatt (MW), first phase power plant is being delayed due to late equipment deliveries and contract disputes. Officials have stated that startup may not happen before the fourth quarter 2025. Bharrat Jagdeo, Guyana's vice president, said that the...

China's Sinopec Corp has secured gas products for the winter heating season at levels 9.7% greater than a year earlier by stepping up domestic production and spot freight imports, it said on Friday. The state oil and gas significant is raising output to record levels at essential domestic fields such as Puguang and Yuanba, both in the southwestern Sichuan basin, by accelerating drilling new wells in addition to detaining declines at ageing ones, the business stated in a declaration. Yuanba field alone, for example, currently pumps 13% above year-ago rates, Sinopec said, without providing a straight-out production figure. On imports,...

Finland's President Alexander Stubb will go on a state visit to China from Oct. 2831 for meetings with Chinese President Xi Jinping and other senior government officials, the Finnish government stated on Wednesday. Stubb will go over bilateral relations in addition to the war in between Russia and Ukraine and other security concerns, his office stated in a declaration. Finland and China have been taken part in delicate diplomacy since October of last year over the possible role of a Hong Kong-registered cargo vessel in the damage triggered to the Balticconnector gas pipeline. Finnish cops in a still-ongoing examination have...