News

Reuters Says FERC Sides with Venture Global in Shafting LNG Customers

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 two years! However, the entire facility is…

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U.S. Net Natural Gas Exports Flat in the First Half of 2024

click for larger version Last week, the U.S. Energy Information Administration (EIA) published an interesting post about “net” natural gas exports, which is a number calculated by deducting both pipeline and LNG exports by incoming pipeline imports (from Canada) and any incoming LNG imports (to Boston). The EIA found that in the first half of…

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LNG Ban: Republicans Take Aim at Howarth, DOE As Democrats Rendezvous with Controversial Researcher

The Biden administration’s Department of Energy relied on a “flawed study” by controversial keep-it-in-the-ground researcher Dr. Robert Howarth in implementing the widely criticized LNG export pause, Republicans argued in a new letter sent to Energy Secretary Jennifer Granholm. The letter, sent Thursday and led by Rep. August Pfluger (R-Texas) and Sen. Tim Scott (R-S.C.) underscored

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32 New Shale Well Permits Issued for PA-OH-WV Sep 16 – 22

There were 32 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 16 – 22, more than doubling the 15 issued the prior week. The Keystone State (PA) had nine new permits, with five of them going to EQT in Greene County. The Buckeye State (OH) had 20 new permits….

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Chesapeake & Southwestern Merger to Close Next Week; New Name

It’s the end of an era. Chesapeake Energy was founded in 1989 by Aubrey McClendon and Tom L. Ward with an initial investment of $50,000. The flamboyant McClendon, who became the CEO, named the company after the Chesapeake Bay due to his love of the region. He rapidly grew his company, headquarter in Oklahoma City,…

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EQT’s Toby Rice Says Renewables Can’t Meet Demand from AI & EVs

Toby Rice, the Chief Executive Officer of EQT Corporation, currently the largest natural gas producer in the U.S. (but about to become second-largest next week, after Chesapeake Energy & Southwestern Energy merge to become the largest, see today’s companion story), addressed the 800 attendees at the Shale Insight event yesterday. He was in Erie, PA,…

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