Jacob Dick

Renewable natural gas (RNG) and biofuels producer Aemetis Inc. has closed the sale of $53 million in investment tax credits created through the Inflation Reduction Act (IRA) as a part of its first wave of projects expected to be accelerated by the legislative program. The California-based company disclosed that it wrapped up at the end…

Boosted by North American projects, TotalEnergies plans to use LNG as one of its key “pillars” as it aims to grow natural gas and oil production by at least 2% annually until the end of the decade. In an outlook presentation as a part of TotalEnergies’ investor day in New York, executives outlined how the…

Ukraine’s storage contracts with western European gas traders are rising along with transported gas volumes despite Russia’s heightened campaign against the country’s energy infrastructure. As European Union storage has continued to outpace seasonal averages through the year, traders have been relying on Ukraine’s substantial underground storage facilities as a sink for the glut of liquefied…

LM Energy Holdings LLC is aiming to sell parts of its crude oil gathering business in the New Mexico portion of the Permian Basin to help fuel a focus shift to natural gas. The Dallas-based midstreamer disclosed it has entered into agreements to sell assets and subsidiaries of its Touchdown crude oil gathering system in…

Boosted by North American projects, TotalEnergies plans to use LNG as one of its key “pillars” as it aims to grow natural gas and oil production by at least 2% annually until the end of the decade. In an outlook presentation as a part of TotalEnergies’ investor day in New York, executives outlined how the…

Australia’s competition watchdog expects a slight natural gas supply surplus for domestic markets early next year, but the supply balance remains tight as LNG exports from the East Coast are expected to rise. In the Australian Competition & Consumer Commission’s (ACCC) outlook for 1Q2024, researchers reported the east coast gas market should have a 1.4…

Work stoppages at two of Chevron Corp.’s Australian LNG terminals have ended while union members finalize negotiations with the company after almost two months of labor disputes. The Australian Workers’ Union (AWU), one of two organizations representing offshore and liquefied natural gas workers at Chevron facilities, disclosed Friday that the two labor groups have endorsed…

Chevron Corp. disclosed it has agreed to the terms of a deal with union workers at its Australia LNG facilities that was brokered by the country’s Fair Work Commission (FWC). Union workers at Chevron’s Gorgon and Wheatstone liquefied natural gas facilities in Western Australia have been escalating tactics since labor action started earlier this month,…

Despite continued supply volatility over the next several years, European natural gas prices could fall next summer by 20% from current prices as high storage and soft demand play out in the market, according to Wood Mackenzie. In the consultancy’s short-term outlook report,  researchers said the Dutch Title Transfer Facility (TTF) price could fall by…