Matthew Veazey

In an energy policy address to the UK House of Commons Thursday, new Prime Minister Liz Truss said the government would lift the ban in England to drill using hydraulic fracturing to boost domestic shale natural gas development. “Secure energy supply is vital to growth and prosperity,” said Truss. “Yet it has been ignored for…

A joint venture of UGI Corp. and Global Common Ventures LLC (GCV) plans to develop its fourth renewable natural gas (RNG) project at an Odessa, NY, dairy farm, UGI reported Tuesday. Cayuga RNG, owned by co-venturers UGI Energy Services LLC (UGIES) and GCV, plans to construct manure digesters and gas upgrading equipment at Bergen Farms…

International asset management group IKAV has agreed to acquire Bakersfield, CA-based independent Aera Energy LLC from joint owners Shell plc and ExxonMobil, the energy companies reported Thursday. Accounting for nearly one-quarter of California’s oil and gas output from about 13,000 wells, Aera is 51.8% owned by Shell and 48.2% by ExxonMobil. Shell said it expects…

SquareOne Energy LLC last month unveiled plans to build its first facility for recycling previously refined hydrocarbons into pipeline-compliant, on-road fuel products in the Philadelphia area, which it said would be the first of its kind. The project is to be developed at PBF Energy Inc.’s refined products terminal in Paulsboro, NJ, on the Delaware…

Production of ethane, a natural gas liquid (NGL), should grow by about 9% in the United States during the second half of 2022 compared to first-half levels, according to an Energy Information Administration (EIA) forecast. “Ethane is consumed almost exclusively as a feedstock in petrochemical plants known as steam crackers to produce ethylene, a precursor…

Having secured $138 million in new funding from an investment group led by private equity firm DCVC, emerging geothermal power plant developer Fervo Energy is focused on completing at least two projects in the Western U.S. Houston-based Fervo said the additional funding, which augments the $39 million it raised previously by about 350%, would help…

In a letter publicized by media outlets and on social media but not by the U.S. Department of Energy (DOE), Energy Secretary Jennifer Granholm recently urged domestic refiners to curb their global fuel exports to build domestic inventories. “On the East Coast, gasoline inventories are at their lowest level in nearly a decade,” according to…

Port Fourchon, a logistics hub near Leeville, LA, serving the Gulf of Mexico oil and natural gas industry, plans to expand its use of advanced marine emissions monitoring technology, facility owner and operator Greater Lafourche Port Commission (GLPC) reported earlier this month. GLPC has partnered with SailPlan, a maritime transportation emissions tracking firm, to deploy…

Recent Permian Basin natural gas pipeline marketing deals will reduce Callon Petroleum Corp.’s reliance on Waha Hub pricing, management of the Texas-focused independent said earlier this month. “These transactions will increase our pricing exposure to Gulf Coast gas pricing and provide additional flow assurance benefits,” CEO Joe Gatto told analysts during the second quarter earnings…