US forecasts Henry Hub natural gas spot price of $8.69 per MMBtu while LNG exports rise 22 percent
The US government has forecast average Henry Hub benchmark natural gas spot prices of $8.69 per million British thermal units in the third quarter as LNG exports rise 22 percent in 2002 with Europe being the main destination.
Pipeline company Enbridge sees fast-growing US LNG feed-gas portfolio and pathways to Gulf for Canada's oil
Enbridge Inc., the Canada-based North American natural gas and oil pipeline company, said it was securing more US LNG feed-gas supply contracts but also expects Western Canada to help fill the Asian supply and for a smoother pathway to the Gulf Coast for the huge Canadian oil resources.
Marathon Petroleum and Andeavor with LNG plant links merge in $23-billion refining deal
Marathon Petroleum Corp. has agreed to take over Andeavor in a $23-billion deal that would create a powerful US refining, marketing and midstream company with a huge presence in Permian Basin shale in the latest merger to coincide with rising oil prices.
