Jennifer
Pallanich
Hart Energy
EQT’s Toby Rice on How Environmentalists Can Truly Make an Impact
Replacing coal with natural gas as an energy source will reduce emissions but requires pipelines and facilities to be built faster than ever, EQT CEO Toby Rice told the DUG East audience.
Freeport LNG Delays Restart Date, Extending Outage after Fire
The latest outage estimate for Freeport LNG’s Texas plant is significantly longer than what was initially reported and could leave some markets with less than anticipated gas in storage heading into winter, analysts said.
US to Sell Up to 45 Million Barrels of Oil from Historic SPR Release
The SPR release was meant to help control oil prices that spiked after Russia invaded Ukraine. However, oil prices have marched higher since the March 31 announcement.
LNG Tanker Charter Rates Hit Record Highs as Demand Soars
The fire that knocked out the Freeport LNG gas-processing and export terminal has not affected the increase in spot rates, he said. The plant is out of operation through at least month’s end.
Energy Transfer Edging Closer to FID for Lake Charles LNG Facility
Energy Transfer is the lone company in the project and continues its search for an equity partner or partners. It’s doubtful it would FID the project without an equity partner, an analyst told Hart Energy.
Cheniere Cleared to Return Louisiana Sabine LNG Tank After 2018 Leak
Following the shutdown of two LNG tanks after finding a leak in 2018, Cheniere Energy has been allowed to return one of those storage tanks to service at Louisiana's Sabine Pass LNG export plant.
Matador Resources to Acquire Permian Midstream Assets from Summit for $75 Million
Matador Resources entered into an agreement with a subsidiary of Summit Midstream Partners to acquire Summit’s Lane Gathering and Processing System in New Mexico’s Eddy and Lea counties.
Cheniere, Equinor Sign 15-year LNG Purchase Agreement
Under a 15-year sales and purchase agreement, Equinor will acquire 1.75 million tones per annum of LNG from Cheniere Energy, pending Cheniere's final investment decision regarding the expansion of its Corup Christi Stage III Project.
Pipelines Unclogged, But Canadian Crude Now Faces US Gulf Coast Glut
Canadian crude is being washed out by a surplus of American sour crude due to the U.S. opening its Strategic Petroleum Reserve to combat high fuel prices.
BKV, EnLink Midstream to Develop Barnett Shale Carbon Capture Project
BKV Corp. and EnLink Midstream reached a Phase I Final Investment Decision, definitively agreeing to develop a carbon capture and sequestration project in the Barnett Shale.