Natural Gas

Exploration & Production , Petrochemicals , Natural Gas , Crude Oil , Pipelines

US Energy Firms Assess Damage as Hurricane Laura Races North

Operators were scheduling reconnaissance flights over the more than 300 offshore oil and gas platforms and drilling rigs prior to Hurricane Laura reaching the Gulf of Mexico oil fields.

August 27, 2020

Exploration & Production , Petrochemicals , Natural Gas , Crude Oil , Midstream

Hurricane Laura Poses Biggest Threat to US Oil in 15 Years

Oil producers on Aug. 25 had evacuated 310 offshore facilities and shut 1.56 million bbl/d of crude output, 84% of Gulf of Mexico's offshore production, near the 90% outage that Katrina brought 15 years ago.

August 25, 2020

Liquefied Natural Gas (LNG) , Natural Gas , Midstream

Cheniere Shuts Sabine Pass LNG Plant Ahead of Hurricane Laura

Cheniere Energy said Aug. 25 it temporarily suspended operations and evacuated personnel at its Sabine Pass, in Louisiana near the border with Texas, is the biggest LNG export plant in the U.S.

August 25, 2020

Exploration & Production , Petrochemicals , Natural Gas , Crude Oil , Midstream

Twin US Gulf Coast Storms Stir Deep Production Cuts by Energy Giants

Oil and gas firms had shut wells in the U.S. Gulf of Mexico accounting for 1 million bbl/d of oil on Aug. 23, as one storm is forecast to become a damaging Category 2 hurricane.

August 24, 2020

Liquefied Natural Gas (LNG) , Natural Gas , Storage

US Natgas Futures Soar to December High in Best Week Since 2009

Front-month gas futures rose 7.3 cents, or 3.4%, to settle at $2.238 per million British thermal units, their highest close since Dec. 26.

August 10, 2020

Business , Exploration & Production , Natural Gas , Shale Plays , Trends

Haynesville 2020

Kicked out of the club in 2012, the Haynesville was resurrected beginning in 2017 to take on the mighty Marcellus in metrics, aided by a proximity-to-market kicker. Now, it’s taking on oil basins at the IRR weigh-in.

August 4, 2020

Public Capital , Natural Gas , Emissions , Renewables , Midstream

Dominion Stresses Role of Natural Gas in Clean Power Push

Natural gas will fuel power generation for years to come, says Dominion Energy even as it sells its gas business to Warren Buffet’s Berkshire Hathaway in a transaction worth nearly $10 billion.

August 3, 2020

Public Capital , Investment , Liquefied Natural Gas (LNG) , Natural Gas , Trade , Midstream

Tellurian Stock Soars after India’s Petronet Renews Investment Deal

India's top gas importer, Petronet LNG, renewed a deal to give the parties more time to finalize an investment in Tellurian's Driftwood export project in Louisiana.

July 21, 2020

Public Capital , Exploration & Production , Natural Gas , Health, Safety & Environment , Shale Plays , Trends , Mergers

Four Takeaways from the Chevron-Noble Energy Deal

Chevron CEO Mike Wirth provides four takeaways from the supermajor’s offer to buy Noble Energy in a deal worth $13 billion, including debt.

July 21, 2020

Public Capital , Natural Gas , Crude Oil , Shale Plays

Chevron CEO Mike Wirth Sees Continued ‘Choppy Economic and Price Activity’

Mike Wirth, the CEO of U.S. oil giant Chevron Corp., on July 20 said the uncertainty of the COVID-19 pandemic has it planning for "choppy" oil prices and economic activity globally.

July 21, 2020