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.
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Articles from Matthew Veazey
NGVs and RNG Set to Make Inroads Across Heavy-duty Truck Fleets
Heavy-duty fleet owners will likely continue to embrace natural gas vehicle (NGV) conversions in 2022, predicted the head of trade association NGVAmerica.
January 21, 2022
Biden Administration Not Eyeing LNG, Crude Export Bans, Says DOE Official
A senior U.S. Department of Energy (DOE) official told members of a House Energy and Commerce Committee panel that the Biden administration is not weighing banning exports of liquefied natural gas (LNG) or crude oil to counter rising energy costs. During an Energy Subcommittee hearing this week on House Resolution (HR) 6084, the Energy Products…
January 20, 2022
IEA Predicts Lackluster Growth for Natural Gas-fired Power Generation
Fuel costs for generating natural gas- and coal-fired electricity surged in 2021 but should taper off in the coming years, the International Energy Agency (IEA) predicted in its latest semi-annual Electricity Market Report. “Sharp spikes in electricity prices in recent times have been causing hardship for many households and businesses around the world and risk…
January 19, 2022
Permian, Eagle Ford Counties and School Districts Top Texas Property Tax Receipt Rankings
Texas’ oil and natural gas industry paid $15.8 billion in state and local taxes and state royalties in Fiscal Year (FY) 2021, with school districts and counties in the Permian Basin and Eagle Ford Shale the top beneficiaries, according to the Texas Oil and Gas Association (TXOGA). “Despite an incredibly difficult two years, the Texas…
January 14, 2022
U.S. OFS Employment Swings Back to Growth Mode
The U.S. oilfield services (OFS) and equipment sector added an estimated 7,450 jobs in December, according to the Houston-based Energy Workforce & Technology Council. “As oil demand has pushed higher, it’s heartening to see continued job growth in the sector,” said Council CEO, Leslie Buyer. “The sector has recovered more than half of the jobs…
January 13, 2022
Midcontinent, Rockies Record Highest Oil and Gas Prices in Years to Spur Drilling, Kansas City Fed Says
Average oil and natural gas prices of $73/bbl and $4.27/MMBtu, respectively, were needed to justify substantially more drilling during the fourth quarter of 2021, according to a survey of Midcontinent and Rockies energy firms by the Federal Reserve Bank of Kansas City. That translates into the highest “substantial increase price” average recorded for oil since…
January 10, 2022
Appalachia NGL Feedstock Looking to Support Region’s Petrochemical Growth In 2022
A long awaited petrochemical project is set to begin operations in the Appalachian Basin in 2022, and a second major investment in the region could get the green light this year.
January 10, 2022
Calumet Clinches Financing to Advance Renewable Diesel Plans in Montana
Montana Renewables LLC (MRL) has closed $50 million of project financing to build a renewable hydrogen plant to increase renewable diesel output from its Great Falls, MT, refinery. MRL’s parent company is Calumet Specialty Products Partners LP. “Once complete, the renewable hydrogen plant will allow increased production of renewable diesel and further reduce the carbon…
January 7, 2022
Appalachian Natural Gas Output Growth Said Threatened by Long-term ‘Uncertainties’
Higher natural gas prices were a positive for natural gas producers in the Appalachian Basin in 2021, but ongoing “uncertainties” threaten the industry’s long-term growth prospects.
January 6, 2022
Milestone Environmental Bullish On Growth in Haynesville, Permian
Milestone Environmental Services LLC has repositioned itself in the core of the Haynesville Shale by acquiring an energy waste disposal facility in East Texas from High Roller Wells LLC. “We believe the Haynesville will be a growing market given the increased global demand for natural gas as the world transitions its energy usage to lower-carbon…
January 5, 2022