Caroline Evans joined NGI as an associate LNG editor in March 2021. Prior to NGI, she was a reporter for five years at oil & gas newspaper Upstream, where she covered North American LNG and shale. Caroline holds a bachelor of arts degree in history from McGill University and a master of arts degree in journalism from the University of Missouri.
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Articles from Caroline Evans
Morgan Stanley Says LNG Market Rebalance Near, Raises TTF, JKM Price Forecasts
A “rebalancing” of the global liquefied natural gas (LNG) market is closer than previously thought as supply outages linger and demand continues to grow, according to Morgan Stanley Research. The rebalancing originally pegged for 2022 has “accelerated” into 2021, analysts led by Devin McDermott said. In the United States, demand growth largely driven by LNG…
Xcel Teams Up with Crestone Peak, Project Canary for Colorado RSG Pilot
Minneapolis-based utility Xcel Energy Inc. is continuing efforts to decarbonize its Colorado operations through a partnership with natural gas producer Crestone Peak Resources and methane emissions reduction specialist Project Canary. The trio on Wednesday announced a pilot project with Xcel purchasing natural gas from Crestone that has been certified as low-emission by Project Canary. The…
MiQ, Carbon Limits to Develop First Independent LNG Certification Standard
Nonprofit MiQ and partner Carbon Limits plan to roll out an emissions certification standard for liquefied natural gas volumes (LNG) as early as this summer, providing a potential boost for suppliers under pressure from customers to lower their environmental impacts. The partners said Thursday they are developing the first independently audited certification standard to calculate…
Corpus Christi Port Partnering with Ares on Green Hydrogen Project
The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU) announced earlier this week, the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential…
Northern Oil Grows Output as More Bakken Curtailments Eased
Lower 48 producer Northern Oil & Gas Inc. saw its 1Q2021 output climb over the previous three months as more curtailments were eased in the Bakken Shale and well productivity improved. The company, which has positions in the Bakken, the Marcellus Shale and the Permian Basin, reported overall production of 38,417 boe/d for the first…
Rystad Sees Global LNG Market Flipping from Surplus to Deficit in 2029 on Mozambique LNG Delays
Anticipated delays in developing liquefied natural gas (LNG) export projects in Mozambique could cause the market to tighten even more than expected later this decade, with forecasts flipping from surplus to deficit in 2029, according to a new report from Rystad Energy. The Norwegian consultancy said it now expects a supply deficit of 5.6 million…
Whiting Sees Commodity Prices Strengthen, but Bakken Oil Output Down and Natural Gas, NGLs Flat from Year Ago
Bakken Shale producer Whiting Petroleum Corp. posted higher 1Q2021 revenues despite lower production as commodity prices strengthened. Output declined in the first quarter to 8.1 million boe from 8.44 million boe in 4Q2020. Natural gas production totaled 10.3 Bcf compared to 10.7 Bcf in 4Q2020, while natural gas liquids (NGL) output rose slightly to 1.56…
Sempra Now Eyeing Port Arthur LNG FID in 2022 and Looking to ‘Green Up’ Site
Sempra Energy may push a decision on whether to sanction the Port Arthur, TX, natural gas export project to 2022 as it looks to reduce the greenhouse gas (GHG) footprint. “We continue to work with partners and customers to focus on options to reduce the projects GHG profile and continue improving its competitive position in…
MPL CEO Sees ‘More Urgency’ in LNG Market as Customer Interest in Mexico Project Ramps Up
Plans to develop a liquefied natural gas (LNG) export facility on Mexico’s west coast are moving steadily forward as the project is garnering more interest from potential offtakers in Asia. Mexico Pacific Ltd. LLC, the Houston-based company developing the project, signed a fifth memorandum of understanding (MOU) with a potential buyer in December, CEO Doug…
LNG Suppliers Woodside, Santos See Revenue Lift on Higher Commodity Prices
Two of Asia’s biggest liquefied natural gas (LNG) suppliers, Woodside Petroleum Ltd. and Santos Ltd., posted higher first quarter revenues despite loading fewer volumes over the previous three-month period as commodity prices strengthened. Woodside last month said LNG sales in 1Q2021 amounted to 17.6 million boe/d, down from 19.4 million boe/d in 4Q2020 and 17.8…