storage

Cold weather, higher exports result in record American natural gas demand

USA

Spot wholesale electricity prices also rose: $200/MWh in New York City, $185/MWh in New England Estimated U.S. natural gas demand on Jan. 1 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to the U.S. Energy Information Administration. Much colder-than-normal temperatures across much of the United States have led to increased […]

Cold weather, higher exports result in record American natural gas demand Read More »

US natural gas inventories remain lower than 2016, but higher than 5-year average

News

For most of summer, natural gas production was relatively flat or declining Working natural gas inventory levels in the Lower 48 states since April have been lower than they were in 2016, but they are still higher than the previous five-year average (2012-2016), according to the U.S. Energy Information Administration. For the week ending Sept. 22, natural gas

US natural gas inventories remain lower than 2016, but higher than 5-year average Read More »

US natural gas inventories end heating season above 5-year average

News

Natural gas consumption in residential, commercial, and industrial sectors remained relatively unchanged Working natural gas in storage as of March 31, the traditional end of the heating season, totaled 2,051 billion cubic feet (Bcf), or almost 15 per cent above the five-year average according to EIA’s Weekly Natural Gas Storage Report. The total inventory of US

US natural gas inventories end heating season above 5-year average Read More »

Natural gas storage capacity up in 2016 as US production soars

News

Design storage capacity grew 0.7%, even with no new storage facilities For the past three years, underground natural gas storage capacity in the Lower 48 states has changed by relatively small increments compared to the bigger changes in 2012 and 2013, according to the US Energy Information Administration. No new storage facilities have entered service since

Natural gas storage capacity up in 2016 as US production soars Read More »

TransCanada to develop 6.2 million barrel crude oil storage facility in Cushing, Oklahoma

News

New crude oil storage will be owned by M2 Infrastructure and operated by TransCanada M2 Infrastructure LLC announced today it entered into a memorandum of understanding with TransCanada Corporation to construct a 6.2 million barrels of new crude oil storage at TransCanada’s terminal in Cushing, Oklahoma, according to a press release. Cushing is the most active

TransCanada to develop 6.2 million barrel crude oil storage facility in Cushing, Oklahoma Read More »

Top 5 global carbon capture vendors from 2017 to 2021 – Technavio

News

Global carbon capture and storage vendors market is in its infancy Technavio announced the top five leading vendors in their recent global carbon capture and storage (CCS) market report, according to a press release. This market research report also lists 12 other prominent vendors that are expected to impact the market during the forecast period. Competitive

Top 5 global carbon capture vendors from 2017 to 2021 – Technavio Read More »