From LNG to direct air capture, Chris Ashton, CEO of Worley, said economic incentives aren’t “on a pace and scale that are necessary for us to move things forward.” This post appeared first on Hart Energy.
U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week. This post appeared first on Hart Energy.
Here is a look at some of this week’s renewable energy news, including funding for a direct lithium extraction project in Arkansas. This post appeared first on Hart Energy.
There were 15 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 9 – 15, up one from the previous week. The Keystone State (PA) had six new permits, and all six went to EQT for a single well pad in Greene County. The Buckeye State (OH) had nine new…
Willie Phillips The D.C. Circuit Court of Appeals issued a decision in late July vacating (nullifying) the Federal Energy Regulatory Commission’s approval of Transco’s Regional Energy Access Expansion (REAE) project to bring gas from Pennsylvania to New Jersey and Maryland (see DC Circuit Libs Reverse FERC Approval of Transco Northeast Expansion). At a FERC open…
The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d of natural gas through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you…
We have no words (but we’ll try). Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see Venture Global Gets FERC OK to Commission 3 Calcasieu Pass Trains). The other trains, 1-6, have been online for over…
In a statement issued last week, the North American Electric Reliability Corporation (NERC) said it “remains concerned about maintaining sufficient natural gas supplies to address extreme winter conditions” for this upcoming winter heating season. In a “Statement on Criticality of Natural Gas this Winter” (full copy below), NERC noted that next month marks the one-year…
Net-zero energy policies in the Pacific Northwest will produce staggering (“crippling”) costs to individuals and businesses without providing any meaningful environmental benefits, warns a monumental new research report from Discovery Institute’s Reasonable Energy program. “The effects on your monthly electric bill are going to absolutely devastating,” says economist and report author, Jonathan Lesser. “The average…
NATIONAL: USA EIA drops WTI oil price forecasts; Kerry says oil industry yet to prove carbon capture viable; Rystad estimates 400 additional LNG vessels needed; Activist organization tallies up cases, omits losses; US shale gas growing source of shipping, trucking fuel; Natural gas, LNG positioned to help address power demand, decarbonization; Chevron opts against US…
The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%. This post appeared first on Hart Energy.
As global power demand rises, much of the world is unable to grasp the need for gas or the connection to LNG, experts said. This post appeared first on Hart Energy.
ConocoPhillips aims to ingrain itself into the global LNG ecosystem, from shale gas output at the wellhead to liquefaction to shipping to regasification in Europe and Asia, CEO Ryan Lance said. This post appeared first on Hart Energy.
BKV Corp. has positioned itself as an LNG supplier near Gulf Coast markets with production averaging 718 MMcfe/d across about 460,000 Barnett acres, supported by 778 miles of associated gas gathering pipelines and 65 compression units. This post appeared first on Hart Energy.
As regions of the United States endure the final heatwaves of the summer, discussions of efficient and affordable ways to keep homes cool have gained traction. With increased temperatures putting traditional HVAC systems to the test, environmentalists see the opportunity to promote heat pumps as the only viable options for Americans to save money and