Andrew Baker

Duke Energy Florida earlier this month proposed an electricity rate hike to mitigate the impact of volatile natural gas prices. The “fuel adjustment” would be tacked onto residential, commercial and industrial power bills from March through at least February 2023, the Duke Energy Corp. subsidiary said. The measure would translate to a $6.62 increase in…

Energy infrastructure holding company South Jersey Industries Inc. (SJI) and Rev LNG LLC have broken ground on renewable natural gas (RNG) facilities at four Michigan dairy farms, the firms said. Anaerobic digesters wold capture methane produced by cow manure at the Double Eagle, Roto-Z, Goma and Z-Star farms. The four facilities, expected to be operational…

Mexico president Andrés Manuel López Obrador said Wednesday that the U.S. Treasury Department has approved Shell plc’s sale of its 50.005% stake in the Deer Park, TX, oil refinery to Mexican state oil company Petróleos Mexicanos (Pemex). The 340,000 b/d refinery currently operates as Deer Park Refining LP, a joint venture between Shell and Pemex.…

Colorado regulators on Friday (Dec. 17) approved a set of rules designed to curb emissions of climate-warming methane and smog-causing volatile organic compounds (VOC) from oil and gas operations. The rules mandate “the capture or control of a significant portion” of methane emissions from oil and gas production sites, pipeline operations and midstream facilities; expanded…

Privately held exploration and production firm BCE-Mach LLC said it has purchase and sale agreements for two Midcontinent acquisitions totaling $66.5 million, both of which are slated to close in the first quarter of 2022.  In the first deal, BCE-Mach will acquire additional working interest across 61 wells it operates in Kingfisher County, OK. The…

Southern California Gas Co. (SoCalGas) and Bloom Energy on Tuesday (Dec. 14) announced a hydrogen blending pilot project envisioned for the California Institute of Technology (Caltech) campus in Pasadena. The companies said they plan to generate and then blend hydrogen into Caltech’s existing natural gas network “to demonstrate how the natural gas infrastructure can be…

Publicly traded Earthstone Energy Inc. said Thursday it has entered a deal to acquire the assets of privately held Chisholm Energy Holdings LLC in the New Mexico portion of the Permian Basin in a $604 million cash-and-stock deal. Net production from the assets in the northern Delaware sub-basin stands at 13,500 boe/d, with oil and…

Although investment in Mexico’s energy sector has slowed, the country’s demand for U.S. natural gas continues to rise, and its gas infrastructure continues to grow, albeit in fits and starts. NGI’s Mexico GPI has compiled a list of five pending projects to watch in 2022:

The North American Energy Standards Board (NAESB) has unanimously approved an initiative to improve coordination between the natural gas and electric markets in response to Winter Storm Uri in February. The cold snap caused widespread power outages and shut-in oil and gas production across the south-central United States. Gas-fired generation accounted for 58% of all…