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...Joe Biden’s ban on new US natural gas exports has become “critical” to Pennsylvania, the state’s governor said, as he urged the president to reverse the policy or risk losing votes in a crucial 2024 swing...
...There is so much natural gas in west Texas that prices in March turned negative....
...Gas dependency has not proved to be the weapon Putin envisaged during the mid-2010s when he sought to control central and southern Europe by reconfiguring transit from the second Nord Stream pipeline under...
...Charif Souki, a pioneer of the US liquefied natural gas industry, has been ordered to repay $100mn to his lenders months after he was ousted from his latest venture....
...Belgium-based hydrogen company Tree Energy Solutions (TES), whose investors include HSBC and UniCredit, last month launched a global coalition promoting synthetic natural gas....
...A surge in demand for electricity to feed data centres and to power an artificial intelligence revolution will usher in a golden era for natural gas, producers say....
...Liquid natural gas prices rose 300 per cent, but they are now back down at pre-invasion levels. The S&P 500 fell 18 per cent in 2022 but recovered quickly in 2023....
...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....
...Europe’s energy crisis began in 2021 as the region exited a prolonged cold winter with low natural gas storage levels....
...“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....
...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....
...An Emirati bid for the entire company could be controversial in Spain, where Naturgy — once known as Gas Natural — is one of the country’s biggest energy groups alongside Repsol and Iberdrola....
...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...
...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....
...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....
...“There was a big shift against natural gas, of course, when the price was very high, and it was seen as unreliable....
...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...
...Last month, Chesapeake Energy agreed to buy Southwestern Energy for $7.4bn to create the country’s biggest natural gas producer....
...to be honest about the company’s progress....
...Analysts do not expect that volume of growth to be repeated, with companies set to add just 150,000 boe/d this year....
...and data company ICIS....
...Its own financials were not disclosed but Endeavor should contribute about 43 per cent of overall oil and gas production....
...Almost half of Mexico’s energy mix comes from natural gas, with about 70 per cent of that demand met by the US....
...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....
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