Morgan Evans

Natural gas industry advocates are taking aim at a trio of U.S. Department of Energy (DOE) rules that petitioners argue would raise prices and eliminate consumer choice.  The American Gas Association (AGA), American Public Gas Association (APGA), the National Propane Gas Association, natural gas utility Spire Inc. and furnace manufacturer Thermo Products LLC filed petitions…

Canadian oil and natural gas operators are working to manage water use as western provinces face increasingly dry conditions after a mild winter.  Exploration and production (E&P) companies achieved record natural gas production last winter, according to the latest data from the Canada Energy Regulator. Total marketed natural gas production during December was more than…

The Tennessee Valley Authority (TVA) said it would add natural gas-fired generation fueled by a potential pipeline expansion proposed by ​​Enbridge Inc.’s East Tennessee Natural Gas LLC (ETNG) as it retires a large segment of coal generation.  TVA, which has floated the proposal of retiring the Kingston Fossil Plant (KIF) since its 2019 Integrated Resource…

Nominees to fill three FERC vacancies said they would put energy affordability and reliability above other concerns if selected for the positions. They also said a buildout of natural gas infrastructure may be needed to support the growing energy needs of the United States.  The Senate Committee on Energy and Natural Resources last week questioned…

Natural gas utilities are growing renewable natural gas (RNG) programs to meet sustainability goals and customer interest. At the other end of the supply chain, producers are working to complete projects and boost supplies of the low-carbon fuel.  NGI reviewed the fourth quarter 2023 results for some of the top players in the RNG industry…

SilverBow Resources Inc.’s board plans to “carefully review and consider” a proposal from activist investor Kimmeridge Energy Management LLC to merge its natural gas production subsidiary in a tie-up that could become the largest South Texas exploration and production company. In a letter to shareholders, Kimmeridge proposed to merge Kimmeridge Texas Gas LLC (KTG) into…

TC Energy Corp. has inked a $1.14 billion agreement to sell the Portland Natural Gas Transmission System (PNGTS) to BlackRock Inc. and Morgan Stanley Infrastructure Partners as it pares debt and streamlines its North American pipeline business.  The Calgary-based pipeline giant holds 61.7% ownership of PNGTS, a 295-mile, 290 million Dth/d line. Énergir LP subsidiary…

SilverBow Resources Inc. management said the Eagle Ford Shale operator is pulling back natural gas activity and investments by almost 15% in response to weak prices, but plans to ramp up activity around 2025 for Gulf Coast demand.  “No doubt that 2023 and now 2024 have seen a challenging natural gas market,” said CEO Sean…

Utilities in the Southwest have seen business, population and technology underpinning investments in natural gas-fired generation and infrastructure, and in Texas, new legislation may be supporting plans for a build-out.  NGI reviewed recent quarterly and year-end results of electric and gas utilities, in which executives pointed to growth in the customer base, as well as…