Editor’s Note: This column is part of a regular series by industry veteran Brad Hitch for NGI’s LNG Insight dedicated to addressing the complexities of the global natural gas market. Algerian pipeline and LNG imports have recently been a wild card in European gas projections. As recently as 2020 there was legitimate concern with Algeria’s […]
Mach Natural Resources LP is looking to expand its footprint in the Anadarko Basin of Oklahoma with the $815 million purchase of about 62,000 net acres from private equity-backed Paloma Partners IV LLC. Under the deal announced Monday, which is expected to close by the end of December, Oklahoma City-based Mach would acquire the acreage
Oklahoma-Based Mach Adding to Anadarko Footprint with Paloma Deal Read More »
Pat Hyland, director of industry communications for the Propane Education & Research Council (PERC), shares his thoughts on… The post Pat Hyland discusses how the propane industry might evolve first appeared on LP Gas.
Pat Hyland discusses how the propane industry might evolve Read More »
Average daily natural gas supplies to Europe by Russian energy giant Gazprom were down 6.7% in the first half of November from their October levels, Reuters calculations show.
Russian Pipeline Gas Exports to Europe Drop 6.7% in November Read More »
The European Commission on Thursday said it is suing Poland over measures imposing additional costs in cross-border trade of natural gas.
EU Sues Poland Over Restrictions in Cross-Border Trade of Natural Gas Read More »
Pulling carbon emissions from the atmosphere using direct air capture (DAC) is a golden opportunity for oil and natural gas operators, and is likely going to play a bigger role in Occidental Petroleum Corp.’s future, according to CEO Vicki Hollub. The Houston-based independent, better known as Oxy, has won substantial financial support for the move
Oxy’s Oil, Natural Gas Driving Sales, but DAC Offering New Revenue Stream, Says Hollub Read More »
Nearly 300 undeveloped industrial acres at the former Goldboro LNG facility are for sale in Nova Scotia as owner Pieridae Energy Ltd. focuses on oil and gas production and processing in Alberta. The Calgary-based firm set a mid-2024 target for completing the sale as a “strategic pivot” to Western Canada legacy wells and field plants
Pieridae Seeking Buyer for Goldboro LNG Site in Pivot to Western Canada Read More »
Nymex natural gas futures were trading down sharply after the U.S. Energy Information Administration (EIA) on Thursday reported two weeks’ worth of natural gas storage data that landed bearishly outside expectations. EIA reported a net withdrawal of 6 Bcf of natural gas from storage in the week ended Nov. 3, lower than expected, and an
Late November Cold Boosts Natural Gas Futures Wednesday Before Bearish Storage Print Read More »
Nymex natural gas futures were trading down sharply after the U.S. Energy Information Administration (EIA) on Thursday reported two weeks’ worth of natural gas storage data that landed bearishly outside expectations. EIA reported a net withdrawal of 6 Bcf of natural gas from storage in the week ended Nov. 3, lower than expected, and an
Gulf Coast LNG projects, including some already under construction, are facing a rash of new regulatory challenges and political pressure as environmental groups double down on calls for more climate considerations in permitting. In the latest victory for opponents to liquefied natural gas exports, the U.S. Court of Appeals for the Fifth Circuit vacated Tuesday
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