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US gas volumes, price trajectories in focus as midstream companies ready earnings

US gas volumes, price trajectories in focus as midstream companies ready earnings While global natural gas demand has rebounded following the initial shocks from the coronavirus pandemic, volatility, including a bull run in Northeast Asian spot gas prices, has created uncertainty. US gas pipeline operators and LNG exporters are warily eyeing the robust prices while preparing to release financial results for the past year and outlooks for the year ahead. Many companies in the midstream sector are being cautious with spending on growth projects. At the same time, US gas production has surged 3 Bcf/d since October, defying market expectations of widespread production declines. Robust LNG feedgas deliveries and exports to Mexico, in tandem with stronger power burns, have helped to offset weak res/comm demand from a lack of cold weather winter-to-date, according to S&P Global Platts Analytics data.

United statesJustin jenkinsRaymond jamesHinds howardEnergy regulatory commissionHolt coNortheast asianNorth americanKinder morganPermian highway pipelineSummit midstream partnerDoublee pipelineFederal energy regulatory commissionHenry hubPermian basinGulf coast

OPEC Predicts A Rebound In U S Shale

OPEC Predicts A Rebound In U.S. Shale By Tom Kool - Jan 15, 2021, 2:00 PM CST Oil prices fell back on Friday morning as demand fears grow, but OPEC has predicted an increase in U.S. shale production at current price levels. With 2021 shaping up to be one of the most important years for the energy sector in modern history, there is no better time to become an Oilprice.com premium member. Friday, January 15th, 2021 Oil prices fell back on Friday over demand concerns. News that China has reported its highest Covid-19 case count in months weighed on market sentiment. OPEC sees shale rebounding. OPEC admitted that an improved outlook for crude oil prices could result in higher U.S. shale production. OPEC upgraded its forecast for U.S. oil production, expecting an increase of 370,000 bpd, up from a previous forecast of 71,000 bpd.

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Summit Midstream Partners, LP Announces Achievement of Key Milestones for the Double E Pipeline Project Including Receipt of the Notice to Proceed from the FERC

/PRNewswire/ Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that Double E Pipeline, LLC ("Double E"), a joint venture in.

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Double E Pipeline, Mountain Valley Pipeline: Your Daily Energy News

Double E Pipeline, Mountain Valley Pipeline: Your Daily Energy News
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Permian Basin natural gas pipeline goes into service, connects to markets on Gulf Coast

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... A major pipeline to transport natural gas out of the Permian Basin to market went into service at the start of 2021, as the fossil fuel markets continued to show gradual signs of recovery from an historic collapse last spring created by the COVID-19 health crisis. The Permian Highway Pipeline, owned by Kinder Morgan, went into full service on Jan. 1, delivering natural gas from the Waha Hub on the Texas side of the Permian to Katy, Texas near Houston with connections to the refinery and export markets on the Gulf Coast. The pipeline was in operation for several weeks ahead of full commercial service while capacity was being commissioned by shippers.

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