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US Industry Metrics

A. Blume, Editor In the US, natural gas prices have been sliding throughout the autumn as gas production remains steady on the year, despite dropping rig counts. NGL prices also continue to decline..., the latest data available from the US EIA showed a rebound in NGL production in July from a downturn... on the year. GP US gas production (Bcfd) and prices ($/Mcf)   US natural gas spot...

U.S. natural gas prices climb 2% to 1-week high on higher demand forecasts

since March 19. Gas prices have been depressed for months - falling to an intraday low of $1.481 per mmBtu on March 26, their lowest since June 2020 - after a mild winter with record output allowed utilities to leave significantly more gas in storage than usual for this time of year. Low prices... Administration's latest outlook. Output was already down by around 3% over the past month as several...

New in Gas Processing Technology

plant. To help the project move forward, the U.S. Congress has included loan guarantees worth $26 B for the Alaska LNG project in the latest infrastructure bill. Shell and BASF to collaborate on CCS... Energies, Shell test the latest Cansolv CO2 capture technology improvements Technip Energies and Shell...

Gas Processing News

, the ACCC said. The ACCC began its six-month reviews of the gas market in 2017 after gas prices jumped sharply following the startup of LNG exports from the east coast. Gas prices fell last year from... prices higher again. Kinder Morgan closes acquisition of Kinetrex Kinder Morgan Inc. closed... to import LNG by 12% to 47.5 MMtpy. New demand for LNG by India is expected to support Asian gas prices...

US Industry Metrics

A. Blume, Managing Editor In the US, Henry Hub natural gas spot prices began climbing in late June, rising to just under $3/MMBtu by early July. Meanwhile, prices for NGL bounced up briefly in June, but then slid again by early July. Domestic production of NGL, LPG, ethane/ethylene and propane/propylene slipped in April (the latest month of data available as of the time of publication) from highs...

Oil drillers and Bitcoin miners bond over natural gas

for another treasure: cryptocurrencies like Bitcoin. Cryptocurrencies are virtual coins exchanged... no longer take the virtual coins as payment, citing concerns over "rapidly increasing use of fossil... oil-cryptocurrency alliances in North America move mining for virtual coins away from Asia, home..., cryptocurrency miners pay the oil firms for their natural gas wholly or in part using the coins...

Regional Focus: Mega-project in the FSU: Ongoing development of the Shah Deniz gas field

% on the year, according to Turkish news site Enerji Günlüğü. As a transit country, Georgia has the rights... of development, total production from the Shah Deniz field will rise to 26 Bm3y of gas and to 120,000 bpd... in size, consisting of two bridge-linked, fixed-jacket production platforms; 26 subsea wells...

Innovations

% in rotary kiln operations.   For more information, visit Closed Loop AI Optimization For Industrial... process instrumentation, highlights PipePatrol, its latest advancement in pipeline leak detection....  KROHNE's latest advancement in detecting true leaks enables control room monitors to react and stop..., visit https://us.krohne.com/en/solutions/monitoring-solutions/pipepatrol-pipeline-management.  PRV...

Opportunities for increasing efficiency in small- to mid-scale LNG plants—Part 1

. Seasonal imbalances in demand often result in higher LNG prices. The purpose of a refrigeration system... varies between 26°C and 27°C. As latitude increases, average annual temperature decreases...

Regional Focus: North American NGL to boom alongside petrochemicals

by rapid development in the shale gas industry and low prices for NGL. Increased investment... natural gas pipelines in Alberta and British Columbia, made up 26% (262,000 bpd) of NGL production...

Electric drive LNG can grow with the clean energy transition

. Of the 40 liquefaction plants the author’s company has engineered, 26 are driven by electric motors... is causing prices to fetch a premium. Most LNG achieves carbon-neutral status through carbon offsets...

China cuts gas prices for industrial users amid fuel reforms

By AIBING GUO and SARAH CHENBloomberg China cut natural gas prices for business and industrial... pollution. The cuts vary by city, with a 26% reduction for Beijing and 24% declines for both..., said in a statement on Wednesday. New prices go into effect Nov. 20 and will save buyers such as power... of this year after almost double-digit expansion the past decade. The country has been slow to adjust prices...

Asia spot LNG prices steady on heating demand support

(Reuters) - Asian spot LNG prices were little changed this week, as steady European heating demand supported prices despite forecasts of mild weather in the coming months. The average LNG price... northeast Asia and an influx of offers and broadly adequate supplies in the region also helped keep prices... in Europe has kept prices from falling further, Breteau added. "Despite the mild weather forecast...

EMGC Show Preview

unique insight into the region’s energy evolution. The conference provides attendees with the latest... in determining the natural gas policies of the Eastern Med, for an in-depth discussion on the latest... customers and develop new partners. Please visit EMGasConference.com for more information...

Pipelines update: PHMSA regulations and the PIPES Act of 2020

-insights/latest-news/oil/122820-trump-signs-long-delayed-pipeline-safety-legislation-into-law Baker... gathering pipelines,” March 26, 2020, Online: https://www.api.org/news-policy-and-issues..., Online: http://www.babstcalland.com/wp-content/uploads/President-Trump-Signs-Law-Reauthorizing-Federal...://www.govinfo.gov/content/pkg/FR-2019-04-15/pdf/2019-07656.pdf U.S. Federal Register, “Pipeline safety...

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