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Caroline Evans

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.

NextDecade Launches CCS Business for Rio Grande LNG

NextDecade Launches CCS Business for Rio Grande LNG

U.S. liquefied natural gas (LNG) developer NextDecade Corp. has launched a subsidiary focused on carbon capture and storage (CCS) as it aims to lower the greenhouse gas (GHG) footprint of its proposed export project in South Texas. The subsidiary, NEXT Carbon Solutions LLC, will develop what NextDecade says is one of the largest CCS projects…

March 18, 2021
Ring Energy Steps Up Permian Drilling in NWS as Oil Prices Rebound

Ring Energy Steps Up Permian Drilling in NWS as Oil Prices Rebound

Permian Basin pure-play Ring Energy Inc. is accelerating plans to drill up to eight wells this year on its Northwest Shelf (NWS) acreage amid a rally in oil prices, the CEO said Wednesday. “We were originally thinking that we were going to pick up a drilling rig to start our next campaign sometime in the…

March 17, 2021
Low European Natural Gas Stocks ‘Good News’ for U.S. LNG Exporters

Low European Natural Gas Stocks ‘Good News’ for U.S. LNG Exporters

European Union (EU) natural gas storage inventories are trending below the 5-year average, setting the stage for a potential boost for U.S. exporters in the coming weeks and months. “Low EU gas stocks are good news for U.S. LNG exporters, notably as U.S. LNG netbacks are relatively high for both Asia and Europe, which should…

March 17, 2021
Northern Oil Lifts Production Forecast, Hunts for More Deals

Northern Oil Lifts Production Forecast, Hunts for More Deals

Lower 48 independent Northern Oil and Gas Inc. has raised its production guidance for 2021 as it expects remaining curtailments to ease amid stronger commodity prices. The company expects to produce 37,750-42,750 boe/d on its properties in the Permian and Williston basins in 2021, with oil making up 78-80% of the mix.  By comparison, the…

March 16, 2021
Shell Orders 10 LNG-Fueled VLCCs in Decarbonization Effort

Shell Orders 10 LNG-Fueled VLCCs in Decarbonization Effort

Royal Dutch Shell plc has ordered 10 oil tankers with dual-fuel liquefied natural gas (LNG) engines as it aims to boost its fleet. “This significant commitment will see Shell hit a new milestone for our fleet decarbonization with an average of 50% of our crude tankers on time charter powered by dual-fuel LNG engines once…

March 12, 2021
Chevron Says Gorgon, Wheatstone LNG Facilities Producing Above Capacity, with More Opportunities in Eastern Med

Chevron Says Gorgon, Wheatstone LNG Facilities Producing Above Capacity, with More Opportunities in Eastern Med

Chevron Corp. disclosed this week that both of its liquefied natural gas (LNG) facilities in Australia are producing above their nameplate capacity. The San Ramon, CA-based supermajor has increased the initial capacity of the three-train Gorgon development by 5%, while the capacity at the two-train Wheatstone project has grown to 9% above nameplate. Upstream chief…

March 11, 2021
Freeport LNG Train 2 Back Online After Valve Malfunction

Freeport LNG Train 2 Back Online After Valve Malfunction

The second liquefaction train at the Freeport liquefied natural gas (LNG) export terminal in Texas is back in service after going offline for about seven hours on Tuesday after a valve malfunction, according to regulators. The plant “experienced a trip due to a valve malfunction on the mixed refrigerant system,” leading to “unavoidable venting” to…

March 10, 2021
Penn Virginia Aims to Stick with Two Eagle Ford Rigs This Year

Penn Virginia Aims to Stick with Two Eagle Ford Rigs This Year

Eagle Ford Shale pure-play Penn Virginia Corp. plans to maintain its current two-rig program through 2021 to grow production after it temporarily suspended drilling last year because of the Covid-19 pandemic. During a conference call Wednesday to discuss 4Q2020 results, CEO Darrin Henke said continuing with two rigs “makes sense” in light of the recent…

March 9, 2021
Shell Takes Delivery of Europe’s First Carbon-Neutral LNG Cargo

Shell Takes Delivery of Europe’s First Carbon-Neutral LNG Cargo

Russian state-owned Gazprom Group recently delivered to partner Royal Dutch Shell plc what the companies said is the first-ever carbon-neutral liquefied natural gas (LNG) cargo in Europe. Shell said Monday the cargo was unloaded at the Dragon LNG terminal in the UK, which would enable the supermajor to supply more carbon-neutral gas to the domestic…

March 9, 2021
SandRidge Looking for Deals as Midcontinent Activity Shrinks

SandRidge Looking for Deals as Midcontinent Activity Shrinks

SandRidge Energy Inc. carried out zero drilling activity on its assets in the Midcontinent and in Colorado last year, causing production to wither, according to its 2020 annual report. The company’s output fell by nearly 25% in 2020 to 8.7 million boe comprising 24% oil, 45% natural gas and 31% natural gas liquids (NGL). In…

March 8, 2021