Chris Newman

2 days ago | naturalgasintel.com | Carolyn Davis |Chris Newman |Jacob Dick |Kevin Dobbs

Calgary-based Keyera Corp. is snapping up most of Plains All American Pipeline LP’s natural gas liquids (NGL) business in a bid to expand the Canadian infrastructure corridor across Alberta, Manitoba, Ontario, Saskatchewan and beyond. The cash transaction, valued at C$5.5 billion ($4.02 billion), includes most of the Canada NGL business of Houston-based Plains. Some U.S. assets are included in the deal.

2 days ago | naturalgasintel.com | Andrew Baker |Chris Newman |Carolyn Davis |Jacob Dick

Struggling natural gas futures continued to slip Thursday morning as forecasts pointed to a comfortably supplied summer market for the time being. The July Nymex gas futures contract, in its final day at the front of the curve, was trading at $3.365/MMBtu as of 8:33 a.m. ET, down 4.1 cents. The more heavily traded August contract, which takes over the prompt month position at Thursday’s close, was down 2.9 cents to $3.540.

2 days ago | naturalgasintel.com | Jodi Shafto |Chris Newman |Carolyn Davis |Jacob Dick

Jodi Shafto joined NGI as a Senior Natural Gas Reporter in October 2023. Before that, she was a business news reporter for South Carolina's largest daily newspaper, The Post and Courier, and was a Senior Energy Markets Reporter at S&P Global Market Intelligence. Based out of Charleston, Jodi has covered US energy markets since 2005 as a reporter, editor and analyst. A New Jersey native, she holds a BS in Journalism from Bowling Green State University.

2 days ago | naturalgasintel.com | Jacob Dick |Chris Newman |Carolyn Davis |Kevin Dobbs

A look at the global natural gas and LNG markets by the numbers• $2: Global natural gas benchmarks continued to cool Wednesday as tensions in the Middle East appeared to ratchet down. The prompt Title Transfer Facility finished just above $12/MMBtu at market close, marking a nearly $2 drop from the beginning of the week. East Asian LNG prices maintained a premium amid a lingering heat wave over the region, but also pared down to the mid-$13 range.

2 days ago | naturalgasintel.com | Christopher Lenton |Chris Newman |Carolyn Davis |Jacob Dick

The Mexican government has given an important green light to a modular LNG project at Coatzacoalcos on the Gulf of Mexico. “We’ve just obtained the land concession where the plant will be located, effectively anchoring the project to an exclusive economic area,” Casarve Servicios SRL director Santiago Arroyo told NGI. Comercializadora Aqualita SA and Casarve are behind Ursus Energy and a proposed LNG greenfield terminal situated in the Port of Veracruz on the Gulf of Mexico.