Post Tagged with: "natural gas"

EQT announces transformative acquisition of Equitrans Midstream

EQT announces transformative acquisition of Equitrans Midstream

Oil and Gas 360


03/11/2024
  • Creates America’s only large-scale, vertically integrated natural gas company prepared to compete on the global stage
  • All stock transaction with combined company enterprise value over $35 billion
  • Provides >2,000 miles of critical pipeline infrastructure with
Source: World Oil

House committee to probe Biden’s LNG export freeze

World Oil


(Bloomberg) – A House committee is probing the Biden administration’s decision to pause liquefied natural gas (LNG) export approvals, asking the Energy Department to justify why a moratorium on project approvals is needed while the agency conducts a …

February 8, 2024 - 10:35 am Closing Bell Story‎, Energy News, LNG, Political News, Politics
Source: Reuters

Natural gas producer EQT CEO dismisses Biden’s LNG freeze as political stunt

World Oil


(Bloomberg) – The chief executive officer of the country’s largest producer of natural gas dismissed the Biden administration’s move to freeze new liquefied natural gas (LNG) exports as a political stunt, telling House lawmakers during a hearing Tuesday …

Will U.S. oil boom keep booming?

Will U.S. oil boom keep booming?

Oil Price


When last October Hamas attacked Israel, oil prices jumped higher, as always happens when armed conflict breaks out in the Middle East. Just a week or so later, however, prices had retreated.

Even as the war spread and …

Source: Reuters

Southwestern, Chesapeake Energy close to merger, WSJ says

Yahoo Finance


(Bloomberg) — Southwestern Energy Co., and Chesapeake Energy Corp. are close to a merger that would create a roughly $17 billion company, ranking as one of the largest natural gas producers in the US, the Wall Street Journal …

Source: Reuters

QatarEnergy CEO: Natural gas is “indispensable” for a balanced energy transition

World Oil


(WO) – His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, highlighted the importance of harmonizing energy security, affordability and sustainability in the quest for an equitable and …

Source: Reuters

Eni nears $5 billion Neptune Energy deal to expand natural gas business

World Oil


(Bloomberg) – Italian energy group Eni SpA is nearing a deal to acquire oil and natural gas operator Neptune Energy Group Ltd. for about $5 billion, according to people familiar with the matter. Eni could announce a deal …

Source: Reuters

Chevron: Natural gas to play “long-term” role in curbing emissions

World Oil


(Bloomberg) – Chevron Corp. said natural gas will play a long-term role in curbing emissions, bucking some environmental groups that see the fuel’s role as a temporary bridge to a low-carbon economy.

To that end, European buyers are …

Source: Reuters

Texas natural gas prices turn negative

Oil Price


Mild spring weather with low gas demand combined with pipeline maintenance to drag spot natural gas prices at the Waha hub in West Texas into negative territory this week.

 

Next-day prices for Wednesday at the Waha hub …

Source: Oil Price

Texas natural gas prices sink close to zero

Oil Price


While U.S. natural gas futures gained more than 4% on Monday, natural gas in the Waha part of the Permian Basin was falling and trading close to zero, traders told Bloomberg on Monday.

 

Flourishing natural gas production …

Source: Oil Price

The EU fails to agree on a natural gas price cap

Oil Price


The leaders of the European Union once again failed to reach an agreement on a cap on gas prices, ending the latest round of discussions in the small hours of Friday with a decision to keep exploring options, …

Source: Reuters

U.S. natural gas futures hold at 3 month low on milder weather forecasts

Nasdaq


U.S. natural gas futures on Tuesday held near a three-month low on near record output and forecasts for continued milder-than-normal weather that will allow utilities to keep injecting more gas into storage than usual in coming weeks.

Recent drops …

Source: Reuters

U.S. natural gas on track for 8th week of losses on record output

BOE Report


U.S. natural gas futures slid about 2% on Friday as record output and reduced liquefied natural gas (LNG) exports allowed utilities to inject much bigger than normal amounts of gas into storage for the winter over the past …

Source: World Oil

Europe’s carbon price hits new record as natural gas becomes scarce

World Oil


(Bloomberg) — Europe’s carbon price jumped to a record as the region’s energy crisis is driving up demand for some of the most polluting fuels.

 

Businesses are burning coal and even oil to keep power stations and …

Source: CNBC

Natural gas hits highest level since 2008, on pace for best month ever as Russia cuts supply

CNBC


Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils global energy markets.

 

 

U.S. natural gas futures surged more than …

Source: World Oil

Shell to develop Crux natural gas field offshore Western Australia

World Oil


Shell Australia and its joint venture partner, SGH Energy, have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western Australia. Crux will provide further supplies of natural …

Source: CNBC

Natural gas surges 9% to highest level since 2008 as Russia’s war roils energy markets

CNBC


U.S. natural gas surged Tuesday to the highest level in nearly 14 years as Russia’s invasion of Ukraine wreaks havoc on global energy markets.

Henry Hub prices jumped more than 9% to $8.14 per million British thermal units during …

Source: CNBC

Natural gas surges to highest level since 2008 as Russia’s war upends energy markets

CNBC


U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s war on Ukraine causes a global energy crunch, and as forecasts called for cooler spring temperatures.

Futures jumped more than 6% to …

Source: Reuters

U.S. in talks with energy producers to supply Europe if Russia invades Ukraine

US News


WASHINGTON – The United States is in talks with major energy-producing countries and companies around the world over a diversion of supplies to Europe if needed in the event of a Russian invasion of Ukraine, senior Biden administration …

Source: Reuters

Eni’s Var Energi plans IPO in bet on strong future for natural gas

World Oil


(Bloomberg) –Eni SpA’s Norwegian joint venture, Var Energi AS, will apply for an initial public offering in Oslo on a bet there’s still investor demand for shares in oil and gas companies in Europe.

 

The company is …

TotalEnergies partners with Oman on low-carbon natural gas projects

TotalEnergies partners with Oman on low-carbon natural gas projects

World Oil


PARIS – TotalEnergies has signed with the Ministry of Energy and Minerals of the Sultanate of Oman a series of agreements for the sustainable development of the country’s natural gas resources. These agreements include:

TotalEnergies partners with Oman on low-carbon natural gas projects- oil and gas 360

  • The establishment of Marsa
Source: World Oil

Biden’s clean energy future won’t include natural gas

World Oil


WASHINGTON (Bloomberg) –Natural gas won’t count as clean energy under a House Democratic plan that would eventually rid the electric grid of carbon and is part of the $3.5 trillion tax-and-spending package moving through Congress.

The proposal by …

Source: Reuters

Reuters Events-Duke Energy CEO sees hurdles for Biden’s decarbonization timeline

Nasdaq


U.S. President Joe Biden’s target to decarbonize the nation’s power industry by 2035 will only be achievable if clean energy technologies like advanced nuclear and carbon capture rapidly become commercially viable, according the chief executive of leading U.S. utility …

Source: Reuters

Factbox: Getting out of gas – the sold and scrapped projects

Reuters


LONDON – Natural gas, long touted as a transition fuel by policymakers and industry, is losing its appeal for some producers in Europe as they try to reach net-zero emissions.

Below are examples of projects that have been dropped, …

Source: Reuters

U.S. LNG export bonanza reshapes energy map in Asia

Reuters


TOKYO – U.S. exports of liquefied natural gas (LNG) to China, Japan and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialised region recovers from the COVID-19 pandemic, …

April 2, 2021 - 11:00 am Closing Bell Story‎, Energy News, LNG
Source: Reuters

Natural gas can help solve climate change, industry reminds policymakers

Reuters


The energy industry wants policy makers to remember that natural gas can and should be part of the solution in solving climate change, executives said at a conference on Tuesday.

“The most important thing to continue to impress upon …

Source: Reuters

U.S. and Canadian natural gas prices soar during Arctic blast

Reuters


Natural gas prices across North America soared to their highest in years on Thursday as freezing wells cut output and homes and businesses crank up their heaters to escape the arctic blast moving from Canada to the eastern half …

February 11, 2021 - 10:30 am Canada, Closing Bell Story‎, Energy News, Natural Gas News
Three leadership skills required to thrive when disruption is business as usual

Three leadership skills required to thrive when disruption is business as usual

Forbes


Do you find yourself invigorated or frustrated with disruption?

It’s a common question I ask leaders in the energy industry, a sector undergoing widespread disruption. A quote attributed to André Gide, French author and winner of the Nobel Prize …

Source: Reuters

U.S. power use to drop near 4% in 2020 due to coronavirus – EIA

Reuters


U.S. power consumption will drop 3.9% this year as coronavirus lockdowns cause offices to close and factories to run at reduced capacity, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short Term Energy Outlook (STEO).

The …

In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion

In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion

EIA

Oil & Gas 360 Publishers Note: With the uncertainty of OPEC and OPEC + to control inventories, it would make sense for a national security to create the North American Oil Produces Consortium (NOPC) with Canada, US and Mexico.