U.S.
Global gas markets rebalancing and remains tight in 2023
Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.
New York State bans natural gas in some new construction
New York has become the first U.S. state to pass legislation banning the use of natural gas for heating and cooking in some new buildings, a plan designed to reduce carbon emissions but opposed by industry groups as excessive and costly.
Cheniere raises 2023 core earnings forecast after strong quarter
Top U.S. LNG exporter Cheniere Energy Inc raised its 2023 core earnings forecast after reporting a quarterly profit compared with a year-ago loss, sending its shares up about 1.8% in premarket trading.
Equitrans may still complete Mountain Valley natural gas pipeline by end of 2023
U.S. energy company Equitrans Midstream Corp said it expects federal agencies to issue the required authorizations for its $6.6-B Mountain Valley natural gas pipeline from West Virginia to Virginia by the early summer.
Wood and CMG work to advance carbon capture storage solutions
Wood has signed a Memorandum of Understanding with Computer Modelling Group Ltd. specializing in CCS projects.
US natgas futures slide 2% on record output due to milder weather
U.S. natural gas futures slid about 2% on record output and forecasts for milder weather and less heating demand next week than previously expected.
U.S. LNG exports go full steam ahead, sales to Latin America rise
U.S. producers of LNG exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America.
U.S. natural gas production and LNG exports will likely grow through 2050 in AEO2023
U.S. EIA projects U.S. natural gas production to increase 15% and LNG exports to increase 152% between 2022 and 2050.
Xcel Energy awards Worley with hydrogen blending study in the US
Worley alongside its consulting business, Advisian, has been chosen to undertake a detailed assessment of Xcel Energy’s natural gas system in the US.
Green hydrogen startup Ohmium raises $250 MM in latest funding round
Electrolyzer maker Ohmium said it had raised $250 MM in a fresh round of funding led by private equity firm TPG Inc's Rise Climate fund, to expand its manufacturing capacity for green hydrogen.
Glenfarne set to decide to build Texas LNG export plant in 2023
U.S. energy company Glenfarne Group LLC said it expects to make a final investment decision in 2023 to build its proposed Texas LNG export plant in Brownsville with first liquefied natural gas production expected in 2027.
Tellurian receives US approval for Driftwood gas pipelines
Liquefied natural gas developer Tellurian Inc said the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4-B Driftwood natural gas transmission pipeline project.
US Energy Dept clamps down on LNG export project extensions
The U.S. Department of Energy announced it will change how it approves requests by companies to push back start dates for liquefied natural gas export projects to get a better picture of true demand for the fuel.
Biden EPA to issue power plant rules that lean on carbon capture
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions as President Joe Biden's administration enacts new rules to help decarbonize the power sector in 12 years.
Delfin to sell LNG to Hartree from proposed Louisiana export plant
U.S. liquefied natural gas company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with a unit of energy and commodities firm Hartree Partners LP.
US settles air pollution cases with three natural gas processors
The Biden administration said it had agreed on separate settlements worth about $25 MM in total with three natural gas processors to reduce air pollution across 12 states, including in communities disproportionately hit by health-harming emissions.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
Innovation accelerates drive to sustainability
Climate change poses a very real threat to life as we know it, and we must all work together if we hope to address it. For asset-intensive industries, one of the most powerful steps in addressing that threat is the energy transition.
U.S. natgas futures drop 5% on forecasts for mild weather
U.S. natural gas futures fell about 5% on Wednesday from a one-month high in the prior session on forecasts confirming the weather will remain mostly mild and heating demand low for the next two weeks.
Svanehøj acquires US-based LNG specialist
Marine pump specialist Svanehøj continues to expand its service solution business by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers.
U.S. natural gas retreats 2% in run-up to storage report
U.S. natural gas futures retreated more than 2% on forecasts for less demand for the fuel next week in the run-up to a federal report expected to show nearly a normal injection into stockpiles.
U.S. natgas falls 4% on expectations for lower heating demand
U.S. natural gas futures fell more than 4% on Wednesday on expectations that milder weather would reduce heating demand and with near-record production for the month pressuring prices.
Bear Head Energy receives environmental approval for large-scale green hydrogen and ammonia project in Nova Scotia
Bear Head Energy, Inc. announced today it has received Environmental Assessment approval for the Company’s green hydrogen and ammonia production, storage, and loading facility in Point Tupper, Nova Scotia.
NETL demonstrates new pipeline sensor technologies in a pilot-scale field test
NETL’s pipeline sensor team recently completed successful field tests of an extensive new collection of fiber optic sensor and surface acoustic wave sensor technologies for natural gas pipeline monitoring.
U.S. associated natural gas production will likely grow through 2050
In U.S. EIA's Annual Energy Outlook 2023, natural gas production from oil formations, known as associated natural gas, grows across most cases through 2050, continuing a long-term trend.
Hawaiʻi Gas issues request for proposals for renewable natural gas and renewable hydrogen
Hawaiʻi Gas, the state’s only regulated gas utility, issued a request for proposals to purchase RNG and renewable hydrogen, key resources that will enable the company to shift away from its reliance on fossil fuel.
U.S. oil & gas rig count falls for second week in a row
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row.
Dominion Energy, National Grid pursuing pipeline sales
U.S. utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks.
Tellurian to sell land for $1 B and lease back for Driftwood LNG project
U.S. LNG developer Tellurian Inc has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1B.
U.S. natgas futures up 3% on daily output decline, rising LNG feedgas
U.S. natural gas futures rose about 3% on Wednesday on a decline in daily output and an increase in the amount of gas flowing to LNG export plants since Freeport LNG's export facility in Texas exited an eight-month outage in February and returned to full power over the past week.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
