NGI’s Hub & Flow

Is More Lower 48 Supply On the Horizon for U.S. Natural Gas Markets?

Join NGI's Patrick Rau, senior vice president of Research & Analysis, for his quarterly review of North American natural gas earnings calls as he discusses the possibility of EQT Corp. reversing output cuts. Other factors are expected to influence markets at the start of summer, including a slowdown in merger and acquisition approvals. Plus, the latest on data center opportunities and updates on Canada and Mexico.

What Do Mexico's Elections Mean for Its Natural Gas Market?

Mexicans head to the polls this weekend in the biggest election in the country's history, with over 20,000 positions up for grabs and the near certainty that citizens will elect Mexico’s first female president. Claudia Sheinbaum of the establishment Morena party is the favorite against opposition candidate Xóchitl Gálvez. Each offers a distinct vision for the country's future. In this episode of Hub & Flow, NGI’s senior editor for Mexico and Latin America, Christopher Lenton, chats with natural gas expert Eduardo Prud'homme on both candidates' main policy positions. They also get into the energy deficits in Mexico, U.S.-Mexico natural gas trade, and what the country’s gas market could look like under the potential future administrations, along with a lot more.

AI-Intensive Data Centers -- How Much Will Natural Gas Contribute as Energy Consumption Grows?

In this episode of NGI’s Hub and Flow, NGI’s Carolyn Davis, managing editor, is joined by Carson Kearl, the lead analyst for Enverus Intelligence Research about data centers and advanced energy technologies. Power generation for the energy-intensive centers is expected to grow across the Lower 48 by double-digits in the next few years, and Kearl shares recent Enverus research on the implications for the domestic natural gas market.

Inside the Political Firestorm: Assessing the Impacts of Biden's LNG Pause

Neil Chatterjee, a former FERC chairman and commissioner, joins NGI’s Jamison Cocklin, managing editor of LNG, to discuss the political and regulatory aspects of President Biden’s pause on authorizing new liquefied natural gas export projects.

 

Chatterjee, currently an environmental and energy attorney at Hogan Lovells in Washington, DC, discusses the legality of the pause, the U.S. LNG review process and the deadlock at FERC that’s slowing down projects like Venture Global LNG Inc.’s CP2 facility. 

CERAWeek and Washington: What Energy Policies Were Front and Center at Houston's Annual Industry Bonanza? -- with Chris Treanor

Energy and environmental policy expert Chris Treanor, executive director of the Partnership to Address Global Emissions (PAGE), joins NGI Senior Editor of LNG Jacob Dick to recap some of the highlights from CERAWeek by S&P Global in Houston and what could be ahead for the natural gas industry during this election year. Treanor and Dick discuss the need for constructive policies around LNG and natural gas generally, in order to meet climate goals while protecting energy security for the United States and its allies. Treanor shares his reaction to comments made by Energy Secretary Jennifer Granholm at the conference, as well as his thoughts on the Biden administration’s pause of LNG export approvals.

Natural Gas Futures Broker Steve Blair’s Summer Price Outlook

In the latest episode of NGI’s Hub & Flow, NGI Senior Markets Editor Kevin Dobbs interviews Paragon Global Markets LLC’s Steve Blair, managing director of institutional energy sales.

 

Blair addresses production and supplies in storage, domestic weather and LNG demand, and sets the stage for the summer ahead in natural gas markets. 

 

Blair noted that, while prices are currently suppressed following a mild winter and record production during the heating season, natural gas output in recent weeks has come off record highs. Major producers such as Chesapeake Energy and EQT Corp. have publicly announced efforts to scale back production to align supply/demand. Forecasts, meanwhile, point to another hot summer. Longer term, LNG export facilities are poised to open soon on the Gulf Coast to meet growing global gas needs. Should demand rise in parallel with lower production, markets could rally.

 

Blair and Dobbs delve into the state of natural gas markets.

What Would Mexico's Energy Sector Look Like Under a Xóchitl Gálvez Presidency?

NGI senior editor Chris Lention interviewed Mexico energy expert Rosanety Barrios in the latest NGI podcast. Barrios is the head of the energy team for Mexican presidential candidate Xóchitl Gálvez, who remains behind in polling but is gaining ground on the establishment pick, Claudia Sheinbaum. Topics discussed included Gálvez’s plans for the energy sector, focusing on the role of natural gas. They dive into how natural gas pricing plays into energy security, as well as LNG export projects, the future of refineries and the burning of fuel oil. They discuss how Cenagas will be employed in a new government, including open access policies, the transformation of the state companies CFE and Pemex, jump-starting Mexico's natural gas production, and ultimately what Barrios would prioritize if she were to become Mexico's next Energy Minister.

Reading the Wall Street Tea Leaves: What Earnings Calls & Consensus Estimates Say About U.S. Natural Gas

What is the outlook for North American natural gas? We discuss this and more in NGI's latest podcast diving into energy company fourth quarter earnings reports, Wall Street’s consensus estimates and thoughts on the quarterly Nabors Industries Ltd. survey of major U.S. E&P customers and how predictive it is of rig counts.

LNG in Focus: Will the Red Sea Attacks Affect Global Natural Gas Markets?

Flex LNG CEO Oystein Kalleklev joins NGI's Senior LNG Editor Jamison Cocklin to discuss attacks on commercial vessels in the Red Sea and how the security situation is impacting the global natural gas market. 

 

Flex owns a fleet of LNG carriers. The episode explores why the attacks have so far done little to disrupt LNG shipping and how that could change if they continue longer-term. Kalleklev also weighs in on the Biden administration's decision to pause U.S. export authorizations.

What Does A Pause of LNG Export Authorizations Mean for U.S. Development and Supply? w/ Rapidan Energy Group's Alex Munton

After the Jan. 26 announcement from the Biden administration that Department of Energy authorizations for new LNG export projects will be paused for an open-ended period, speculation has swirled about what that could mean for the industry and global supply.

Rapidan Energy Group's Alex Munton joins NGI's Jacob Dick to discuss what it means, why it happens and which developing projects might be the most impacted.