Natural Gas

NextEra Energy Q1 Results Boosted by Clean Energy Push

NextEra, which generates more wind and solar energy than any other company in the world, said it is benefiting from a clean energy investment push that has received major public policy support in recent months and given it a buffer against natural gas price swings.

Dutch Government Confirms Plan to Halt Gas Production in Groningen

The Dutch government said on Tuesday that it will invest $24.24 billion in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024.

Nigeria's NNPC Says 384-Mile AKK Gas Pipeline Is 70% Complete

Construction of Nigeria's 614-km (384-mile) natural gas pipeline is 70% complete, the head of state oil firm NNPC said on Monday, missing a target he initially set to finish the project by the end of the first quarter.

Tellurian Receives US Approval for Driftwood Gas Pipelines

Liquefied natural gas developer Tellurian Inc. said on Monday the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4 billion Driftwood natural gas transmission pipeline project.

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, sources said, as President Joe Biden's administration enacts new rules to help decarbonize the power sector in 12 years.

Liberty Energy Says 15 New Frac Fleets to Hit US Market This Year

The second-largest U.S. shale fracturing firm Liberty Energy on Thursday said service firms have about 30 new frac fleets in development and about half of those will hit the market this year.

Williams, MPLX, WES DJ Gathering Reach Settlement with EPA, DOJ Over Methane Leaks

The settlements announced by the Department of Justice and the Environmental Protection Agency require the three natural gas processors to pay a combined $9.25 million in civil penalties and make about $16 million in improvements at plants and compressor stations.

CEO: Woodside's Stalled Browse LNG Project Still 'Very Attractive'

The estimated $13.8 billion Browse project to develop Australia's largest untapped gas resource has been bogged down for years by demand uncertainty and negotiations over a processing agreement.

PG&E Reduces Emissions from Gas Pipelines by More Than 20%

(P&GJ) — PG&E's Gas Operations and Engineering teams took a comprehensive approach to reduce emissions from the natural gas system, including enhancing the leak survey program that now assesses more than 42,000 miles of natural gas distribution pipeline every three years versus the previous every-five-years rotation.

Italy's Eni, Snam Offer Slovakia Gas Supply and Storage

Italy's energy group Eni and gas grid operator Snam on Thursday signed two agreements with Slovakia's biggest energy provider SPP for the supply and storage of gas and LNG.

Kinder Morgan Beats Profit Estimates on Higher Natural Gas; Permian Pipeline Expansion Delayed

Kinder Morgan Inc. on Wednesday beat profit expectations for the first quarter as the U.S. pipeline operator transported higher volumes of natural gas primarily from Haynesville and Eagle Ford systems.

Japan's Mitsui Buys US 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, it said on Thursday.

Permian In Spotlight as Energy Dealmaking Gathers Steam

Companies with a focus on the oil-rich Permian basin are likely to be at the center of the next wave of consolidation in the U.S. energy sector as favorable oil prices prompt cash-rich drillers to tap into the largest source of shale oil.

Official: Louisiana on Track for Carbon Well Permitting by Year-End

Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases by the end of the year, U.S. Congressman Garret Graves, who represents a southern section of the state, said on Tuesday.

Mitsubishi Power Starts Natural Gas Turbine Operation in Rayong, Thailand

This natural gas turbine is the fifth of its kind of a total of eight to be delivered under a full turnkey 5,300-megawatt contract secured by Mitsubishi Power in 2018, it said in a statement on Wednesday.

California City Can't Enforce Natural Gas Ban, Appeals Court Says

Berkeley, California, cannot ban natural gas hookups in new buildings because a U.S. federal law preempts its rule, a federal appeals court said Monday, siding with a challenge the state's restaurant industry made.

Chevron Seeks Drilling Ship to Expand East Med Gas Search

Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the U.S. energy major looks to meet growing demand in the region and Europe, two sources told Reuters.

Gazprom Says Europe Set to Struggle Refilling Gas Storage for Next Winter

It will be very difficult for Europe to refill its gas storage to last year's levels after the continent ended the winter heating season with relatively low stockpiles, Russian natural gas giant Gazprom said on Tuesday.

Shell Restarts Pierce Field Operations in UK North Sea

Shell Plc said on Tuesday it had restarted operations at the Pierce field in the UK Central North Sea, following an upgrade to allow gas to be produced at the location after years of it producing only oil.

Marathon Oil, Chevron Agree to Further Develop Equatorial Guinea Gas Mega Hub

(P&GJ) — Marathon Oil Corp. has signed an agreement with the Republic of Equatorial Guinea and Noble Energy E.G. Ltd, a Chevron company, to progress the next phases (Phases II and III) in the development of the Equatorial Guinea Regional Gas Mega Hub.

Security of Supply Concerns Prompt Arctic Barents Sea Gas Pipeline Rethink in Norway

Building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to an increased focus on supply security and Norway exporting more of its gas to Europe, gas infrastructure operator Gassco said on Monday.

Biden Administration Greenlights LNG Exports from Alaska Project

The Biden administration on Thursday approved exports of LNG from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The project includes a proposed 807-mile (1,300-km) pipeline to move gas stranded in northern Alaska across the state.

Peninsula Pipeline Completes $11 Million Natural Gas Expansion Project in Florida

(P&GJ) — Chesapeake Utilities Corp. has announced that its subsidiary, Peninsula Pipeline Company Inc., has completed an 11.3-mile expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area.

Natural Gas Producer Novatek Expected to Win Big from Shell's Sakhalin-2 Stake

Russian natural gas producer Novatek has scooped a lucrative deal with its purchase of Shell's stake in the Sakhalin-2 energy project, analysts said on Thursday.

ADNOC Expands Shipping Fleet with Five New VLGCs

United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.

Biden's Subdued Reaction to OPEC+ Cuts Foreshadows Economic Slowdown, Carries Risk

When OPEC+ made a surprise decision earlier this month to cut oil production, President Joe Biden responded with the political equivalent of a shrug – a far cry from his declaration that there would be “consequences” for Saudi Arabia, the de facto head of the oil cartel, when it lowered output in October.

Kinder Morgan Launches Expansion Open Season for SFPP Pipeline System

(P&GJ) — Kinder Morgan Inc. has announced the launch of a binding open season to solicit commitments to support a proposed expansion of a portion of its SFPP, L.P. (SFPP) pipeline system from El Paso, Texas, to Tucson, Arizona.

Malaysia's Petronas to Restart Gas Pipeline Operations by Q1 2024

Malaysia's national oil company Petroliam Nasional Berhad aims to restart a gas pipeline currently under force majeure by the first quarter of 2024, a senior company executive said on Wednesday.

Hungary Agrees on Option for More Russian Gas Shipments, Oil Transit Fees

Hungary's foreign minister said on Tuesday that Russian energy giant Gazprom would maintain an option to supply additional gas to Hungary this year on top of the shipments agreed under a long-term deal.

Libya's Mellitah Oil Reopens Gas Well in Mediterranean

Libya's National Oil Corp. announced on Saturday the reopening of a gas well operated by Mellitah Oil and Gas Company on its Sabratha Platform in the Mediterranean Sea.