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...of the US gas export industry....
...Valley gas pipeline to send shale gas from West Virginia to Virginia....
...“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....
...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....
...Sixteen red states including Texas, Louisiana and Florida also last month sued the federal government over its decision to freeze approvals for new export terminals for liquefied natural gas along the US...
...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
...Last year, Eni paid $4.9bn for London-based oil and gas producer Neptune Energy in what was the largest cash deal in almost a decade for the European energy sector....
...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...
...His comments followed the announcement last month of another delay to the Mountain Valley Pipeline, a 303-mile gas project stretching between West Virginia and Virginia that is opposed by green campaigners...
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...The US’s largest exporter of liquefied natural gas has defended its industry from criticism by climate change campaigners, saying it was vital for keeping the lights on in Europe....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...Last year, the US surpassed Australia to become the largest exporter of liquefied natural gas....
...Neptune produces oil and gas from fields in seven other countries, including Norway, Germany, Algeria, the Netherlands and Indonesia....
...And the Biden administration recently banned new liquefied natural gas projects....
...The business, best known for oil and gas pipelines, plans to spend $14bn in total on acquiring three natural gas utilities from Dominion Energy. Virginia’s Dominion has been in steady retreat....
...Charif Souki, a pioneer of the US liquefied natural gas industry, will receive a payout of more than $8mn after being ousted from project developer Tellurian as the company struggles to get a costly gas...
...Enbridge will purchase Dominion’s three natural gas distribution companies for about $9.4bn plus debt in an all-cash deal, making it the biggest gas utility group in North America....
...If there is a wave of oil mergers, should wildcatters be kept from buying natural gas drillers? Panuwat struggled to explain the unusual coincidence about the timing of his trade....
...With assets worth $134bn, Berkshire Hathaway Energy supplies 12mn electric and gas customers, maintains more than 30,000 megawatts of power generation capacity and owns a 21,000-mile natural gas pipeline...
...Shares of the company closed at 39 cents on Wednesday after it filed its bankruptcy petition in Virginia, down more than 99 per cent from a year ago....
...Stints in Texas and Scotland as finance chief for the company’s North America gas and North Sea operations, respectively, followed....
...“We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately, reflecting realistic demand assumptions,” he said....
...A new satellite mission to track planet-warming emissions of methane gas is finally set to launch, now aided with artificial intelligence technology to help build a global map of oil and gas infrastructure...
CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
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