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Record Lows for Midcon Cash as Natural Gas Futures Steady
NGI Daily Gas Price Index May 24, 2019 | 21:38 pmThe natural gas futures market turned in a quiet day of trading Friday as the latest readings on fundamentals didn’t offer much to excite traders and peel them away from their holiday plans. In the spot market, pipeline maintenance drove[…]
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Appalachian E&Ps Poised to Spend Less on Stronger Natural Gas Headwinds
NGI Daily Gas Price Index May 24, 2019 | 19:40 pmAppalachia’s natural gas-heavy exploration and production companies continue to face headwinds, with downward pressure on strip pricing expected to lead to even deeper spending cuts as they try to operate within cash flow and deliver on this year’s plans.
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U.S. Adds One Natural Gas Rig; Oil Patch Loses Five, Says BHGE
NGI Daily Gas Price Index May 24, 2019 | 19:33 pmThe U.S. oil patch continued to thin its ranks, losing five rigs during the week ended Friday (May 24), while one natural gas rig returned to work in the Lower 48, according to data from Baker Hughes, a GE Company.
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Mexico Natural Gas Prices Hit Record Low For Second-Straight Month – Bonus Coverage
NGI Daily Gas Price Index May 24, 2019 | 19:30 pmNatural gas prices in Mexico hit record lows for a second consecutive month in April, according to the IPGN monthly natural gas price index published by the Comisión Reguladora de Energía.
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UPS Signs Largest Deal Ever for RNG Fuel
NGI Daily Gas Price Index May 24, 2019 | 19:16 pmGlobal package carrier United Parcel Service Inc. has signed the largest contract ever for renewable natural gas, calling for up to 170 million gallon equivalents through 2026 with Clean Energy Fuels Corp.
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As Second-Wave U.S. LNG Projects Near FID, Customer Contracts More Difficult to Secure
NGI Daily Gas Price Index May 24, 2019 | 15:01 pmAdditional infrastructure is critical to balancing the U.S. natural gas market as the country is already awash in supplies, with more...
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Prices Falling for Some Con Ed Customers on Cheaper Power Supplies
NGI Daily Gas Price Index May 24, 2019 | 13:43 pmConsolidated Edison Co. had good news for some of its customers on Thursday as it’s recently grappled with how to handle natural gas supply shortages in parts of New York, announcing that electricity bills would be lower this summer.
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Weather Outlook Mostly Unchanged; Natural Gas Futures Down Early
NGI Daily Gas Price Index May 24, 2019 | 12:57 pmWith no major changes to the weather outlook overnight, and with the market continuing to mull the latest government storage data, natural gas futures were trading slightly lower early Friday. The June Nymex futures contract was down 1.0 cent to[…]
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Natural Gas Futures See Modest Bounce as Latest Injection Lighter Than Estimates
NGI Daily Gas Price Index May 23, 2019 | 21:26 pmA weekly inventory build on the low side of estimates and a warmer-leaning early June outlook supported a small bounce in natural gas futures prices Thursday...
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Deepwater Appomattox Starts Up Ahead of Schedule, Says Shell
NGI Daily Gas Price Index May 23, 2019 | 19:52 pmOil and gas output has ramped up at the Appomattox floating production system in the deepwater Gulf of Mexico months ahead of schedule, operator Shell Offshore Inc. said Thursday.
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