LNG

NO. 1: FERC has requested more information from Venture Global LNG Inc. about the potential air pollution from the company’s CP2 export project.  The Wednesday request comes ahead of the Federal Energy Regulatory Commission’s scheduled meeting on May 23. It raises the possibility that the Commission again may not vote on the project. CP2 has…

M&A

Houston-based Crescent Energy Co. has agreed to tie-up with cross-town rival SilverBow Resources Inc. to create one of the largest exploration and production companies in the Eagle Ford Shale of Texas, loaded with natural gas, liquids and oil opportunities. The estimated $2.1 billion transaction, announced Thursday, comes about a month after activist investor Kimmeridge Energy…

Markets

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 70 Bcf natural gas into storage for the week ended May 10. The result was a miss against expectations and historical averages. The print reflected rising demand and listless production, supporting additional gains in Nymex June natural gas futures. About 30 minutes ahead…

Earnings

Enbridge Inc. management touted a plethora of projects strategically focused on LNG exports and natural gas that are expanding and optimizing the Calgary-based midstream giants’ operations.  CEO Greg Ebel recently held an earnings call and reviewed the company’s first quarter results.  With “sustainability at the core, Enbridge is “committed to meeting the needs of our…