-
Nov 15, 2024 | 
spglobal.com | Killian Staines
US ethane recovery has eased in recent months amid record high storage inventories, but midstream companies see opportunities for further recovery next year when new export capacity start service. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Ethane production in 2024 has averaged 2.78 million b/d in 2024, up 5% year on year despite falling natural gas production, data from S&P Global Commodity Insights showed.
-
Oct 18, 2024 | 
spglobal.com | Jerome Ignacio |Killian Staines |Jeremy Beaman
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.
-
Oct 11, 2024 | 
spglobal.com | Markham Watson |Karen Rivera |Killian Staines
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Electric Power | Natural Gas | Upstream Highlights Utility says repairs to take 'at least 7 days' Power, gas demand sink on week Almost 2.3 million Florida electricity customers remained without service around 3:30 pm ET Oct.
-
Oct 1, 2024 | 
spglobal.com | Kassia Micek |Killian Staines
Western US wholesale power prices are climbing in response to a record-breaking heat forecast across the Southwest and southern California. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The temperatures have prompted excessive heat warnings and heat advisories over parts of Southern California and the Southwest, the US National Weather Service said in its Oct. 1 forecast discussion.
-
Aug 28, 2024 | 
spglobal.com | Killian Staines
Natural gas cash prices in Southern California have been below Henry Hub for much of August, and the forwards market is pricing in a rare basis discount continuing through October amid strong storage inventories and gas production in the Western US. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The SoCal Gas city-gate cash price has been below Henry Hub throughout Aug. 10-28, averaging a 28 cents/MMBtu discount in this period, Platts data showed.
-
Aug 26, 2024 | 
spglobal.com | Killian Staines
Midstream operators continue to rapidly build out natural gas processing capacity in the Permian Basin in anticipation of strong production growth. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Brazos Midstream announced Aug. 15 the 200 MMcf/d Sundance 1 cryogenic processing facility in Martin County, its first in the Midland Basin, is mechanically complete and would start operations in October.
-
Aug 16, 2024 | 
spglobal.com | Killian Staines
Kinder Morgan expects incremental demand for natural gas from data centers will be 3-6 Bcf/d by 2030, and sees dedicated gas-fired power stations as a preferable supply option to grid power. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Forecast for incremental data center demand out to 2030 have come in a wide range of zero-16 Bcf/d, Will Brown, chief commercial officer for Kinder Morgan's West Region, said Aug.
-
Aug 12, 2024 | 
spglobal.com | Killian Staines
Two greenfield natural gas pipeline projects providing egress from the Haynesville Shale are targeting a 2025 in-service date and two midstream companies recently said they are considering brownfield expansions to egress pipelines in Louisiana. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Haynesville production has declined this year amid weak gas prices.
-
Aug 6, 2024 | 
spglobal.com | Killian Staines
Natural gas midstream giant Williams is receiving an "overwhelming" interest in expansions to meet growing demand from data centers, but it is not immediately planning any more Transco expansion projects on the Atlantic Coast beyond the 1.6 Bcf/d Southeast Supply Enhancement project, CEO Alan Armstrong told investors Aug. 6. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
-
Aug 1, 2024 | 
spglobal.com | Killian Staines
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Natural Gas | Shipping | Upstream Highlights WhiteWater to develop 2.5 Bcf/d line Reduces risk of negative prices in 2026 The Permian Basin is set to receive a much-needed boost to natural gas exit capacity in the second half of 2026 as a new 2.5 Bcf/d long-haul pipeline to Agua Dulce has reached a final investment decision.
