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U.S. Henry Hub Natgas Prices Fall to 29-Year Low in April

 U.S. spot natural gas prices at the Henry Hub benchmark in Louisiana fell to a 29-year low in April, according to data from financial firm LSEG. Gas prices averaged $1.60 per million British thermal units (mmBtu) in April, their lowest since averaging $1.59 during the month in 1995. That compares with $2.16 in April 2023, …

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Microsoft, Brookfield to Partner on Renewable Energy Projects

By Reuters May 1, 2024 May 1 (Reuters) – Canada’s Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts of new renewable energy capacity, the companies said on Wednesday. The agreement provides a pathway for Brookfield to deliver the new renewable energy capacity between …

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Canada’s Long-Delayed Trans Mountain Oil Pipeline Set to Start Operations

(Reuters) – After 12 years and C$34 billion ($24.7 billion), Canada’s Trans Mountain pipeline expansion project (TMX) is set to start shipping oil on Wednesday, a major milestone expected to transform access to global markets for the country’s producers. Pipeline constraints have forced Canadian oil producers to sell oil at a discount for many years, but TMX …

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Today’s Downhole Data For Tomorrow’s AI-Driven Oilfield

How real-time downhole monitoring solutions are changing the way energy producers operate. The Way Things Used To Be Whether you’re extracting oil, gas, or thermal energy from the earth, efficiency is the name of the game. Getting the most out of your assets is what drives profitability and gives you a competitive edge. Throughout history, there have …

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Pandell Leadership Series: Beyond Mapping – Exploring GIS Use in Energy

Is Your Organization Leveraging GIS to its Fullest Potential? Unlike yesterday’s static paper maps, today’s GIS platforms provide a dynamic system of engagement through interactive visualization of data. Discover how GIS improves data management, tracks a mobile workforce, monitors assets in real time, and much more. No matter your experience level, this discussion is designed …

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U.S. Appeals Court Upholds FERC Approvals for Gas Pipeline Expansion

A U.S. appeals court on Tuesday upheld federal approvals for a natural gas pipeline system expansion project in Louisiana and Mississippi, rejecting environmentalists’ claims that the government performed an insufficient review of its climate harms. A unanimous three-judge panel of the U.S. Circuit Court of Appeals for the D.C. Circuit held that the Federal Energy …

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