Belcher: Heed the Harsh Lessons from Europe’s Net-Zero Perils
The EU’s aggressive climate stance is wreaking economic havoc and mounting regulations could hurt the U.S. LNG industry.
Williams Completes Mid-Atlantic Transco Expansion Project
Williams Cos.’s Transco Southside Reliability Enhancement project is now online.
E&P Highlights: Dec. 30, 2024
Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
EQT Closes $3.5B Midstream JV With Blackstone Credit
EQT used the $3.5 billion in proceeds from the midstream joint venture deal to pay down debt.
U.S. Natural Gas Futures Surge 20% on Colder Outlook for January
US natural gas futures soared as the weather outlook for January shifted colder, raising demand prospects for the fuel used in heating and power generation. Gas for February delivery rose as much as 20% in New York. That’s the most since the contract started trading 2012. Most-active futures climbed to the highest level in almost a year. …
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U.S. Energy Secretary Granholm on the Political Durability of Biden’s Energy Transition
The Biden administration made energy and climate a centerpiece of its administration, most notably through the Inflation Reduction Act. At the same time, we’ve seen a boom in US oil and gas production the last four years, alongside the novel use of the Strategic Petroleum Reserve as a price and supply stabilization tool. Meanwhile, investments …
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India’s BPCL Buys Middle East Grades to Replace Russian Shortfall
State-run Indian refiner Bharat Petroleum Corp is buying Middle Eastern crude to make up for less supply of cheaper Russian oil, its head of finance Vetsa Ramakrishna Gupta said in a recent interview. Indian state refiners, which typically buy Russian oil in the spot market rather than under long-term contract, are unable to procure about …
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Cheniere Achieves First LNG at the Corpus Christi Stage 3 Project
HOUSTON–(BUSINESS WIRE)–Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE: LNG) today announced that liquefied natural gas (“LNG”) was produced for the first time from the first train (“Train 1”) of the Company’s Corpus Christi Stage 3 Liquefaction Project (“CCL Stage 3”). The commissioning process continues, and Cheniere expects substantial completion of Train 1 to be …
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Subsea7 Awarded Contract for Gas Field Offshore Turkey
Subsea7 will provide inspection, repair and maintenance for the Sakarya field.
Russian Gas Flows Via Ukraine for Last Days as Transit Deal Crumbles
Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit deal expires at the end of the year, marking the almost complete loss of Russia’s once mighty hold over the European gas market. Supplies of Russian gas via Ukraine are due to stop from the …
Russian Gas Flows Via Ukraine for Last Days as Transit Deal Crumbles Read More »