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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.

Aggressive Decarbonizer Oregon Clears Verifier for Clean Fuels Program

Aggressive Decarbonizer Oregon Clears Verifier for Clean Fuels Program

The Oregon Department of Environmental Quality (DEQ) has approved SCS Global Services as an independent verifier for the state’s Clean Fuels Program (CFP), which encourages the use of alternative fuels, including renewable natural gas (RNG). “We are excited to expand our low carbon fuel standard (LCFS) verification services into Oregon and help our clients access…

November 19, 2021
Acquisition-Minded Diversified Energy Looks to Optimize Lower 48 Natural Gas Well Inventory

Acquisition-Minded Diversified Energy Looks to Optimize Lower 48 Natural Gas Well Inventory

Over the past two decades, Diversified Energy Co. has grown into a $1.3 billion company that operates 69,000 natural gas wells across the Lower 48, which produce about 106,000 boe/d on average.  In fact, the Birmingham, AL-based and London Stock Exchange-listed firm claims it is the largest U.S. gas well operator. “Natural gas will be…

November 18, 2021
California Resources Pursues Ambitious 2045 Decarbonization Target

California Resources Pursues Ambitious 2045 Decarbonization Target

California Resources Corp. (CRC), whose operations span four oil and gas basins in the Golden State, last week unveiled an ambitious environmental, social and governance (ESG) goal for the company. As part of the 3Q2021 earnings call, CEO Mac McFarland said the company had set a “2045 full-scope net zero goal” targeting Scope 1 (direct)…

November 16, 2021
LNG Carriers to Avoid Suez Transit Toll Hike

LNG Carriers to Avoid Suez Transit Toll Hike

The Egyptian government’s Suez Canal Authority (SCA) reported it plans to soon raise tolls on ships transiting the key waterway linking the Mediterranean and Red seas — with two notable exceptions: cruise ships and liquefied natural gas (LNG) carriers. According to SCA, the 6% hike year/year takes effect in early Feb. 2022. Cruise ship and…

November 15, 2021
TC Energy, Hyzon Partnering Amid String of North American Hydrogen Initiatives

TC Energy, Hyzon Partnering Amid String of North American Hydrogen Initiatives

Natural gas pipeline giant TC Energy Corp. is collaborating with Hyzon Motors Inc., a heavy-duty hydrogen-powered fuel cell electric vehicle (FCEV) supplier, to develop, construct, operate and own hydrogen production facilities, or hubs, across the continent. The companies announced the partnership on Wednesday to construct, operate and own the hubs. “Through this agreement, we are…

November 14, 2021
API Updates Emissions Guide to Progress ‘Climate Solutions’ by Oil, Natural Gas Industry

API Updates Emissions Guide to Progress ‘Climate Solutions’ by Oil, Natural Gas Industry

The American Petroleum Institute (API) has updated its 20-year-old “foundational reference” for oil and natural gas operators to use in reporting greenhouse gas (GHG) emissions The newly unveiled fourth edition of the Compendium of GHG Emissions Methodologies for the Natural Gas and Oil Industry includes expanded methodologies for liquefied natural gas, as well as carbon…

November 12, 2021
Diversified to Expand Appalachia Upstream Methane Detection by 500%

Diversified to Expand Appalachia Upstream Methane Detection by 500%

Diversified Energy Co. plc reported Tuesday that it is expanding methane emissions detection capability across its Appalachian upstream field operations. The independent said it would deploy another 500 methane emissions detection devices to its field operations team, building upon a 100-unit pilot project it has conducted in the region. The pilot project “proved to be…

November 12, 2021
Nacero Marcellus Plant to Turn Natural Gas into Gasoline

Nacero Marcellus Plant to Turn Natural Gas into Gasoline

Nacero Inc. plans to build a $6 billion manufacturing facility at the site of a former Pennsylvania coal mine to produce gasoline from natural gas and renewable natural gas (RNG) rather than crude oil. Gasoline from the Luzerne County facility, which would be in Nanticoke in Newport Township, would be sulfur-free and capable of fueling…

November 11, 2021
U.S. Energy Services Sector Adds 17,000-Plus Jobs, Led by Texas and Louisiana

U.S. Energy Services Sector Adds 17,000-Plus Jobs, Led by Texas and Louisiana

The U.S. energy technology and services sector added more than 17,000 positions from August through October, the Houston-based Energy Workforce & Technology Council reported last week. More than one-third of the new jobs in the three-month period — an estimated 6,051 positions — were added in October, marking the eighth straight monthly increase, the Council…

November 9, 2021
India’s Reliance Exits North America in Eagle Ford Deal with Ensign

India’s Reliance Exits North America in Eagle Ford Deal with Ensign

A unit of Indian conglomerate Reliance Industries Ltd. reported Monday that it has divested all of its unconventional natural gas assets and has exited North America. Earlier this year Reliance pulled out of Appalachia. The latest exit follows Ensign Natural Resources LLC’s buyout of Reliance Eagleford Upstream Holding LP’s working interest in leases and wells…

November 9, 2021