Pietro D
Pitts
Hart Energy
Stakeholder Midstream to Double Gas Capacity at Permian Basin Facility
Stakeholder Midstream announced a final investment decision (FID) on the installation of a second treating and processing train (Train II) at its Campo Viejo facility in the Northwest Shelf of the Permian Basin.
Enbridge Greenlights CA$3.6 billion Gas Pipeline Expansion in Canada
Gas production in Western Canada this year neared record levels of 18 Bcf/d. Enbridge CEO Al Monaco said that supply growth coupled with future demand from planned LNG export projects was underpinning the expansions.
Sempra Eyes Port Arthur LNG FID in Early 2023
California-based Sempra looks to take final investment decision (FID) on its Port Arthur LNG project Phase 1 in Jefferson County in southeast Texas in the first quarter of 2023.
Cheniere Energy’s Revenue More than Double on Soaring LNG Demand
Cheniere Energy is pursuing permits to expand its Texas and Louisiana gas-liquefaction plants to double total capacity to 60 million tonnes of LNG per year, said CEO Jack Fusco.
Midstream Missing from Carbon Capture Incentives, Analysts Say
Current carbon capture and sequestration (CCS) tax incentives are powerful but leave out midstream despite the sector’s growing role in project planning, analysts say.
US Sells Last Batch of Emergency Reserve Oil from Historic SPR Release
The U.S. president announced a plan last month to begin refilling the stockpile when U.S. crude is around $70/bbl, a level he said would allow drillers to profit while being a good deal for taxpayers. The U.S. benchmark was around $89 on Nov. 3.
US Natgas Falls 5% on Big Storage Build, Lower Demand Forecast
In what has already been an extremely volatile week, front-month gas futures fell 29.4 cents, or 4.7%, to $5.974/MMBtu at 10:35 a.m. EDT (1435 GMT). That follows a rise of 12% on Oct. 31, a drop of 10% on Nov. 1 and a rise of 10% on Nov. 2.
Pipeline Operator Plains Raises 2022 Profit Forecast
Plains is the latest U.S. energy pipeline operator to boost full-year earnings view on higher demand as oil and gas production has kept growing after cutbacks during the pandemic.
Frigid Winter? New Englanders to Pay Through Frozen Noses for Oil and Gas
Exacerbating high energy costs, New England lacks enough gas pipeline capacity to meet all its heating and power generation needs on the coldest winter days.
Siemens Energy Exec on the Biggest Issue Facing Hydrogen
Rich Voorberg, president of Siemens Energy North America, shares opportunities and challenges for hydrogen plus what it will take to make the U.S. a leader in the space.