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Matthew Veazey

Matthew Veazey joined NGI as an associate editor in October 2021. He has covered the energy industry for more than two decades, including 15 years covering the upstream and downstream oil and gas sectors at Rigzone. Matthew holds a bachelor of arts degree in English and MBA from the University of Louisiana at Lafayette and a master's degree in mass communication from Louisiana State University.

Australia Unveils Plan to Ensure Domestic Natural Gas Demand Is Met

Australia Unveils Plan to Ensure Domestic Natural Gas Demand Is Met

The Australian Government has outlined a program that it contends will help the country secure natural gas supplies over the next two decades. “The National Gas Infrastructure Plan supports a strategic approach to gas infrastructure investment over the next 20 years and aims to guide industry to priority areas that need to be addressed to…

November 30, 2021
Xfuels to Acquire Oil, Gas Wells in Kansas and Oklahoma

Xfuels to Acquire Oil, Gas Wells in Kansas and Oklahoma

Alberta-based Xfuels Inc. reported Monday that it plans to expand into the United States by adding 516 Midcontinent oil and gas wells to its holdings. The new assets come via a letter of intent (LOI) to purchase 100% of the common stock of Jubilee Exploration LLC, which controls the wells across 10 counties in northeastern…

November 29, 2021
Brattle Offers Energy Transition Pathway for Natural Gas Utilities

Brattle Offers Energy Transition Pathway for Natural Gas Utilities

Natural gas utilities can navigate the energy transition by following a three-step action plan, according to economists with management consulting firm The Brattle Group. “Increased coordination among stakeholders — especially between gas and electric utilities, and between gas utilities and technology providers — is needed to ensure decarbonization is achieved in the most cost-effective way…

November 29, 2021
Energy Transfer to Pay Another $1.98M to Settle 2018 Incident on Revolution Pipe

Energy Transfer to Pay Another $1.98M to Settle 2018 Incident on Revolution Pipe

The Pennsylvania Public Utilities Commission (PUC) has approved a nearly $2 million settlement tied to an affiliate of Energy Transfer LP’s natural gas pipeline failure and fire in 2018. PUC said the 3-0 vote resolves an investigation by the Bureau of Investigation and Enforcement (I&E) conducted following the event on the affiliate Energy Transfer Co.…

November 27, 2021
Higher Natural Gas Prices to Hit Maine Electric Customers in 2022

Higher Natural Gas Prices to Hit Maine Electric Customers in 2022

Some Maine residents who rely on natural gas-fired electricity could see a nearly 90% jump in their monthly rates starting in January, according to the Maine Public Utilities Commission. “Unfortunately, sharp increases in natural gas prices are resulting in higher electricity supply costs for the coming year,” said Chairman Phillip L. Bartlett II. “The increase…

November 24, 2021
Texas Upstream Oil, Gas Employment Winning Streak Continues

Texas Upstream Oil, Gas Employment Winning Streak Continues

Upstream oil and gas employment in Texas climbed to 183,400 in October, representing an increase of 2,300 jobs from September and the sixth straight monthly increase, the Texas Independent Producers and Royalty Owners Association (TIPRO) recently reported. October’s jobs increase was somewhat less robust than TIPRO’s 2,900 increase for September, but the head of the…

November 24, 2021
Fueled by Appalachian Natural Gas, Four States to Add Bulk of U.S. Generation by 2025, Says EIA

Fueled by Appalachian Natural Gas, Four States to Add Bulk of U.S. Generation by 2025, Says EIA

Illinois, Michigan, Ohio and Pennsylvania will account for nearly one-half of the estimated 27.3 GW of new natural gas-fired generation capacity in the United States by the mid-2020s, according to the Energy Information Administration (EIA). In its latest Monthly Electric Generator Inventory report. EIA said there was a common thread among the four states: each…

November 23, 2021
Archaea Secures 21-Year RNG Supply Deal with NW Natural

Archaea Secures 21-Year RNG Supply Deal with NW Natural

Archaea Energy Inc., which produces renewable natural gas (RNG) from organic wastes at landfills and farms, plans to supply RNG to NW Natural subsidiary Northwest Natural Gas Co. under a 21-year agreement. “This agreement, our first with a U.S. utility, is a testament to the strength of our commercial offerings and highlights our ability to…

November 23, 2021
Northern Oil Builds on Acquisition Spree with Another Permian Deal

Northern Oil Builds on Acquisition Spree with Another Permian Deal

Northern Oil and Gas Inc. has agreed to acquire “substantially all” the nonoperated Permian Basin assets owned by affiliates of Veritas Energy LLC, including 6,000 oil-weighted net acres. The transaction for $406.5 million was announced earlier this month. “This transaction completes the strategic transformation of our business that began in 2018,” CEO Nick O’Grady said.…

November 22, 2021
Sino American, Estacado Considering Texas Oilfield Venture

Sino American, Estacado Considering Texas Oilfield Venture

Sino American Oil Co. reported Tuesday that it plans to acquire a majority stake in a North Texas oil field. The Wyoming-based company said that it would obtain a majority working interest in the Piave Oil Field, located in Throckmorton County, TX, by way of a newly signed memorandum of understanding (MOU) with Estacado Energy…

November 19, 2021
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