United States

Liquefied Natural Gas , Acquisitions & Divestitures , Midstream

Kinder Morgan Sells Stake in Georgia LNG Facility for $565 Million

Upon closing, Kinder Morgan and an undisclosed financial buyer will each hold a 25.5% interest in the Elba Island LNG facility in Chatham County, Georgia. Blackstone Credit will continue to hold a 49% interest.

September 27, 2022

Natural Gas , Policy & Regulations

ANG: Climate Goals Will Not Be Met on Time, Ken Hersh Says

Ken Hersh, head of the George W. Bush Presidential Center, spoke during Hart Energy’s America’s Natural Gas Conference about the current dynamics of the energy industry, climate change and world order.

September 27, 2022

Lease Sales

Marketed: Texegy Royalty Austin Chalk Minerals for Lease

Texegy Royalty retained Energy Advisors Group to market for lease its 48,000 net-acre Austin Chalk mineral position, which is an eastward extension of the Brookeland Field in Louisiana.

September 27, 2022

Exploration & Production , Markets

US Offshore Oil Output Drops as Hurricane Ian Takes Aim

Offshore oil and gas producers Chevron, BP, Occidental Petroleum and Hess on Sept. 26 said they had taken precautions ahead of Hurricane Ian’s arrival in the Gulf of Mexico.

September 27, 2022

Energy Transition , Technology

bp, Hertz Collaborate to Accelerate EV Charging in North America

bp is growing its electric vehicle business, bp pulse, within the North American continent through a memorandum of understanding with rental company Hertz.

September 27, 2022

Exploration & Production , Enhanced Oil Recovery

AI, Biosurfactants Help Drain Oil Reservoirs

Two companies have developed new ESG-friendly EOR methods to help operators produce more barrels.

September 27, 2022

Investment , Natural Gas , ESG

Special Report: All Eyes on Natural Gas Investment

Strong demand and environmental awareness draw capital to natural gas in the upstream and midstream sectors.

September 27, 2022

Exploration & Production

BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian

Occidental Petroleum and Hess said they were implementing measures for facilities in the Gulf of Mexico. Murphy Oil and Equinor said they did not anticipate any impact to their operations, while Shell said it was closely monitoring the storm’s track.

September 26, 2022

Energy Transition , Shale Plays , Acquisitions & Divestitures

Riverstone-backed Montney Shale Producer Plans US Listing in SPAC Deal

The transaction, which values Hammerhead Resources at CA$1.39 billion, is expected to form a publicly traded upstream oil and gas company with a path toward achieving net-zero emissions on a Scope 1 and Scope 2 basis by 2030.

September 26, 2022

Exploration & Production , Health, Safety & Environment , Technology

Reliability Offshore at Forefront of Interior’s Well Control Rules

While the new well control rules proposed by the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) have a focus on offshore equipment reliability, some in the oil and gas industry deem the changes unneeded and pricey.

September 26, 2022