Hints and tips:
Related Special Reports
...“As we enter the global era of natural gas, it is imperative for US natural gas companies to evolve their business models to compete on the global stage,” Rice said....
...Natural gas producer EQT has announced that it plans to acquire its former unit Equitrans Midstream, in a deal that would give the combined company an enterprise value of more than $35bn....
...US natural gas prices have plunged to a near-three-decade low as what is set to be the country’s warmest winter on record slashes demand for the heating fuel just as production surges to record levels....
...A Russian liquefied natural gas project subject to US sanctions is close to exporting its first cargo after Chinese expertise filled the technical and logistical void left by western companies....
...Italy, still buying Russian pipeline gas in 2023, has declared it will finally “kick the habit” in 2024 as more Algerian piped gas and global liquefied natural gas become available....
...“The environment right now is very positive for the oil and gas industry,” Alan Armstrong, chief executive of Williams, the biggest US gas pipeline company, told the Financial Times....
...The changes reflect chief executive Wael Sawan’s plans to keep oil production flat and expand sales of liquefied natural gas while being more selective about the types of low-carbon energy products it sells...
...“There was a big shift against natural gas, of course, when the price was very high, and it was seen as unreliable....
...groups said the White House freeze on liquefied natural gas permits had “significantly” lowered their expectations for production five years from now....
...and data company ICIS....
...Analysts do not expect that volume of growth to be repeated, with companies set to add just 150,000 boe/d this year....
...Its own financials were not disclosed but Endeavor should contribute about 43 per cent of overall oil and gas production....
...Companies that have secured US regulatory approval — including Venture Global and Golden Pass, a joint venture between Exxon and QatarEnergy — and gas traders that have bought gas from projects already under...
...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
...In his Budget on Wednesday, Hunt announced an extension of the Energy Profits Levy on oil and gas companies by 12 months despite opposition from Scottish Conservatives....
...It follows another case in which a group of land owners in West Virginia alleged natural gas producer EQT had fraudulently transferred 700 ageing wells to Diversified Energy to avoid clean-up responsibilities...
...Companies such as SSE and Czech billionaire Daniel Křetínský’s EPH already have plans for new gas plants — although it is suggested these could be decarbonised through technologies such as carbon capture...
...Europe’s energy crisis began in 2021 as the region exited a prolonged cold winter with low natural gas storage levels....
...Gas pipeline owners hope the UK will encourage the use of hydrogen, which does not produce carbon dioxide emissions when it is burnt, as a replacement for natural gas for home heating....
...Natural gas prices plunge as US set for its warmest winter on record....
...But a slump could squeeze profits for “portfolio” LNG companies — often oil and gas majors such as Shell and Total — whose large bets on natural gas form part of transition strategies....
...Today’s newsletter looks at a subject that has been the source of much consternation in the US over the past week: President Joe Biden’s decision to freeze permitting for new liquefied natural gas infrastructure...
...Almost half of Mexico’s energy mix comes from natural gas, with about 70 per cent of that demand met by the US....
...Diamondback Energy’s $26bn deal for rival Endeavor Energy this week brought to almost $180bn the value of an oil and gas dealmaking spree that has reverberated across the US shale patch since the beginning...
...A dozen of the world’s biggest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies following detection of 26 large leaks of the planet-warming...
International Edition