(Oil & Gas 360) – Another 2.5 bcf/d of takeaway is coming for Permian gas via the Matterhorn Express Pipeline, which is expected to be put into service just in time for heating season. According to project lead EnLink Midstream of Houston, Matterhorn is expected to deliver enough natural gas for two million homes after its 580-mile route from the
Nasdaq U.S. liquefied natural gas (LNG) export facilities brought in a record amount of natural gas in the first six months of this year after the Freeport LNG terminal returned to service, the U.S. Energy Information Administration (EIA) said on Monday. Natural gas delivered by pipeline to LNG export facilities, called LNG feed gas, averaged 12.8 billion cubic feet per
World Oil (WO) — Fossil fuel and green energy groups alike have joined forces, in an effort to reform what they call a “broken permitting system,” according to Fox News. A coalition that includes the American Petroleum Institute, Independent Petroleum Association of America and the American Clean Power Association sent a letter on Monday morning, urging Congress to pass “meaningful
Nasdaq Freeport LNG’s long-shut export plant in Texas started receiving natural gas from pipelines over the long U.S. Martin Luther King Jr holiday weekend, according to data from Refinitiv, a possible sign the plant is finally moving closer to exiting an outage. Gas started flowing to Freeport on Jan. 14 and was on track to reach 69 million cubic
BOE Report Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals. This time, companies are focusing on smaller west coast projects they bet will be cheaper and faster to build. “Smaller projects are easier
Fox Business Swiss Re (SRENH.S), the world’s second biggest reinsurer said it would no longer insure most new oil and gas projects following mounting pressure on big business to do more to help the world cap global warming. Last year, the International Energy Agency report said no more new oil and gas fields should be developed if a target of
CNBC Russian forces on Thursday launched their long-feared attack on Ukraine, sending shockwaves through financial markets and ratcheting up fears about the ramifications for gas supplies around the world. Russian President Vladimir Putin cast aside international condemnation and the first tranche of sanctions by declaring the beginning of a “special military operation” aimed at the “demilitarization” of Ukraine. Russian forces have reportedly fired missiles
EIA The U.S. Energy Information Administration (EIA) provides daily and weekly information on natural gas market activity and drivers in three weekly products: the Weekly Natural Gas Storage Report, the Natural Gas Storage Dashboard, and the Natural Gas Weekly Update. Natural gas is a significant source of energy in the United States, accounting for nearly one-third of total U.S. energy consumption last year. Natural
By Tyler Losier, Energy Reporter, Oil & Gas 360 Tallgrass Energy receives preliminary proposal letter from Blackstone Infrastructure Partners offering to take the company private Tallgrass Energy LP (stock ticker: TGE), a midstream infrastructure company, received a non-binding preliminary proposal letter from Blackstone Infrastructure Partners (stock ticker: BX) on Tuesday, offering to acquire all of the outstanding Class A shares
From World Oil Repsol Sinopec Brazil, Ouro Negro and the Mechanical Engineering Department of PUC-Rio’s Technical and Scientific Center (CTC/PUC-Rio) are expanding their technological partnership, developing a through tubing logging profiling tool to assess cement quality in lined wells. “The proposal is to have a tool that enables the detection of cement anomalies in the adjacent layer and not only
By Tyler Losier, Energy Reporter, Oil & Gas 360 BP sells its entire Alaskan business to Hilcorp for a total consideration of $5.6 billion BP (stock ticker: BP), through its subsidiary BP Alaska, has agreed to sell its entire business in the state to Hilcorp Alaska, a subsidiary of Hilcorp Energy Company, for a total consideration of $5.6 billion. Under
By Tyler Losier, Energy Reporter, Oil & Gas 360 Paul F. Blanchard Jr. steps down as president, CEO and director of Panhandle Oil and Gas Panhandle Oil and Gas (stock ticker: PHX), a mineral and leasehold acreage-focused capital allocator, has announced that Paul F Blanchard Jr., the company’s president, chief operating officer and a member of its board of directors,
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