Regulatory

Is FTC Scrutiny of ExxonMobil, Pioneer Natural a Warning Sign? Sheffield Responds

Is FTC Scrutiny of ExxonMobil, Pioneer Natural a Warning Sign? Sheffield Responds

ExxonMobil on Friday clinched its $65 billion tie-up with Permian Basin heavyweight Pioneer Natural Resources Co., but the merger has not come without drama. The transaction, announced last October, moves ExxonMobil to the top of the heap in the Permian, with control of 1.4 million-plus net acres in the Delaware and Midland sub-basins. Estimated output…

May 6, 2024
U.S. Natural Gas Generators to Face Increased Oversight Under Biden Administration Rules

U.S. Natural Gas Generators to Face Increased Oversight Under Biden Administration Rules

The Biden administration has finalized rules to slash 90% of emissions from new natural gas-fired power plants, designed in part to encourage the use of more carbon capture and sequestration (CCS).   The U.S. Environmental Protection Agency (EPA) strengthened New Source Performance Standards (NSPS) for newly built gas-fired combustion turbines. Guidelines also were established to curb…

May 3, 2024
Federal Court Affirms Kinder’s Evangeline Pass Natural Gas Pipe Expansion to Supply Plaquemines LNG

Federal Court Affirms Kinder’s Evangeline Pass Natural Gas Pipe Expansion to Supply Plaquemines LNG

A move to force more scrutiny of Kinder Morgan Inc.’s Evangeline Pass natural gas pipeline expansion in Louisiana was struck down Tuesday by a federal appeals court. The U.S. Court of Appeals for the District of Columbia Circuit tossed a petition to halt the Evangeline Pass Expansion underway by Kinder’s Tennessee Gas Pipeline Co. LLC. …

May 2, 2024
Mexico Energy Under Sheinbaum Could Follow Similar AMLO Model, Expert Analyst Says

Mexico Energy Under Sheinbaum Could Follow Similar AMLO Model, Expert Analyst Says

Mexico’s reliance on U.S. natural gas imports is likely to increase if Claudia Sheinbaum, who is expected to win Mexico’s June 2 presidential election, maintains the state-centric approach of outgoing President Andrés Manual López Obrador, aka AMLO, according to analyst Carlos Ramírez Fuentes. Ramírez, a political and economic risk consultant at Mexico City-based Integralia Consultores,…

April 26, 2024
Navigating the New LNG Regulatory Landscape – Listen Now to NGI’s Hub & Flow 

Navigating the New LNG Regulatory Landscape – Listen Now to NGI’s Hub & Flow 

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Neil Chatterjee, a former FERC chairman and commissioner, joins NGI’s Jamison Cocklin, managing editor of LNG, to discuss the political and regulatory aspects of President Biden’s pause on authorizing new liquefied natural gas export projects. Chatterjee, an environmental and energy attorney…

April 25, 2024
MARAD Requests Updated Application for Delfin LNG Offshore Export Project

MARAD Requests Updated Application for Delfin LNG Offshore Export Project

The U.S. Maritime Administration (MARAD) has ordered Delfin LNG LLC to submit an updated application to build and operate its proposed export project in the Gulf of Mexico. Seven years after the agency granted Delfin a record of decision (ROD) for the more than 13 million metric tons/year (mmty) capacity project offshore Louisiana, MARAD staff…

April 23, 2024
Federal Onshore Natural Gas, Oil Drilling Costs Rising as Interior Updates ‘Outdated’ Rules

Federal Onshore Natural Gas, Oil Drilling Costs Rising as Interior Updates ‘Outdated’ Rules

The Biden administration earlier this month finalized revamped onshore natural gas and oil leasing rules, increasing the royalty rates and, for the first time in 60 years, bumping up the cost for bonding requirements. The Department of Interior’s Fluid Mineral Leases and Leasing Process final rule revised regulations under the purview of the Bureau of…

April 18, 2024
Natural Gas Would Still Form Base of Mexico Power System Under Sheinbaum Presidency

Natural Gas Would Still Form Base of Mexico Power System Under Sheinbaum Presidency

Mexico’s presidential frontrunner Claudia Sheinbaum of the ruling Morena party would continue the nation’s buildout of natural gas-fired power if she were to win the June 2 election. Speaking to business leaders in Mexico City on Monday evening, Sheinbaum highlighted that 3.250 GW of new generation, 91% of which was natural-gas fired combined cycle, were…

April 16, 2024
Equitrans Agrees to $1.1M Fine for Major 2022 Natural Gas Storage Well Leak in Pennsylvania

Equitrans Agrees to $1.1M Fine for Major 2022 Natural Gas Storage Well Leak in Pennsylvania

The Pennsylvania Department of Environmental Protection (DEP) has fined Equitrans Midstream Corp. $1.1 million for a storage well that leaked 1 Bcf of natural gas into the atmosphere for more than 10 days in November 2022.  In all, 223 tons of carbon dioxide, 27,040 tons of methane and 106 tons of volatile organic compounds (VOC)…

April 15, 2024
EU Grants Members Option to Block Russian LNG Imports

EU Grants Members Option to Block Russian LNG Imports

European Union (EU) lawmakers approved new rules that would allow member countries to limit LNG imports from Russia as cargoes continue to hit Europe’s ports in record numbers. Under the new gas market regulations, countries could legally block Russian exporters from being able to bid on liquefied natural gas import or storage capacity. “We have…

April 12, 2024
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