Chesapeake, Southwestern Complete Merger to Create Largest US Natgas Co.
Chesapeake Energy Corp. has closed on its $7.4 billion takeover of Southwestern Energy Co. to create Expand Energy.
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Chesapeake Energy Corp. has closed on its $7.4 billion takeover of Southwestern Energy Co. to create Expand Energy.
The Federal Energy Regulatory Commission has declared that Williams’ disputed Louisiana Energy Gateway project is a gathering network, not a transport line.
The additional growth of the liquids export market will be tied to an unpredictable natural gas market, experts say.
The latest era of midstream consolidation has shrunk the pool of independents, but the number is still historically high.
Permian Basin oil producers will be elated to see the Matterhorn Express and another planned pipeline move gas out of their way — but both will terminate east of the biggest LNG market in the world.
Throwing out the permit for Williams’ operational REA project in the mid-Atlantic region was a mistake that could cost people “desperately” reliant on it, Chairman Willie Phillips said.
From LNG to direct air capture, Chris Ashton, CEO of Worley, said economic incentives aren’t “on a pace and scale that are necessary for us to move things forward.”
As global power demand rises, much of the world is unable to grasp the need for gas or the connection to LNG, experts said.
Opponents of Enbridge’s Line 5 project say the move is positive and will allow more time for the project to meet environmental and legal concerns.
Despite oil futures prices sliding since August, OPEC continues to keep supplies up, to the bafflement of analysts.
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