Midstream

EU Tweaks LNG Price Assessments Ahead of Benchmark Launch

This post was originally published on this siteEuropean Union (EU) regulators this week updated their methodology for assessing spot LNG transactions on the continent just weeks before the bloc rolls out a benchmark aimed at improving price transparency. The EU Agency for the Cooperation of Energy Regulators (ACER) said there were periodically insufficient eligible spot […]

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FERC Clears Freeport to Restart Final Liquefaction Train – The Offtake

This post was originally published on this siteA roundup of news and commentary from NGI’s LNG Insight FERC has authorized Freeport LNG Development LP to restart service on its final train. The Federal Energy Regulatory Commission on Wednesday cleared the company to commission, cooldown and restart liquefaction on Train 1.  The Federal Energy Regulatory Commission

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SilverBow Pivoting to Oil Drilling as South Texas Natural Gas Prices Cool Off

This post was originally published on this siteSilverBow Resources Inc. is shifting its near-term focus from natural gas to oil-directed drilling amid a stronger pricing outlook for the latter, according to CEO Sean Woolverton. Woolverton hosted a conference call to discuss fourth-quarter and full-year 2022 earnings for Houston-based SilverBow, which operates exclusively in the Eagle

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TotalEnergies CEO Touts Critical Role of Natural Gas as Global Energy Demand Grows

This post was originally published on this siteThe chief executive of TotalEnergies SE said natural gas is vital to ensure energy reliability now and for years to come as the world population swells and economies advance, driving demand that exceeds the realistic potential of renewable fuels in the foreseeable future. “We need to continue to

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Shell, Chevron Move Ahead with LNG Projects to Cut Maritime Emissions

This post was originally published on this siteShell plc and Chevron Corp. affiliates have signed deals to help cut emissions and further the use of LNG in the shipping sector. Shell said late last month that it would further long-standing collaboration with Hapag-Lloyd by signing a multi-year agreement to supply the global shipper liquefied natural

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Ensign Energy Says Oilfield Outlook Positive as Demand Rises

This post was originally published on this siteRevived drilling contracts in 2022 plumped up the coffers of Ensign Energy Services Inc., a fixture of oilfield operations in Canada and the United States. Operating days were higher “as a result of supportive industry conditions driving activity improvements year/year,” executives said in the quarterly report. “The outlook

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Sempra Utilities Increasing Clean Energy Upgrades as Customer Bills Ease from Historic Highs

This post was originally published on this siteSan Diego Gas & Electric Co. (SDG&E) and Southern California Gas Co. (SoCalGas) both filed with state regulators to raise revenue as they pursue “the dual opportunities of advancing decarbonization and helping to deliver energy security globally,” said CEO Jefff Martin.  “We understand that modern energy infrastructure is

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