Ceraweek

Tudor Champions Houston to Lead Charge for Decarbonizing Oil, Natural Gas

Tudor Champions Houston to Lead Charge for Decarbonizing Oil, Natural Gas

Houston, the nation’s fourth largest city and one that built its fortune in oil, natural gas and petrochemicals, is now a mecca for entrepreneurs out to make the next great no-carbon technology.  The city remains the place to forge oil and gas deals, as thousands of energy companies, large and small, have their headquarters in…

March 28, 2024
U.S. Residential, Commercial Demand for Natural Gas Rising, Says AGA’s Harbert

U.S. Residential, Commercial Demand for Natural Gas Rising, Says AGA’s Harbert

Think U.S. natural gas consumption is declining? Think again. In some parts of the country, efforts to stem the growth of natural gas have gone askew, a signal that the future of the abundant, low-carbon fuel may not be in jeopardy. The fact is, consumers like natural gas, American Gas Association (AGA) CEO Karen Harbert…

March 28, 2024
EQT Eyeing Data Center ‘Gold Rush’ for Natural Gas-Fired Power, Unleashing More LNG

EQT Eyeing Data Center ‘Gold Rush’ for Natural Gas-Fired Power, Unleashing More LNG

EQT Corp., the No. 1 natural gas producer in the United States, isn’t resting on its laurels. The gas giant is continuing to eye a potential East Coast LNG project, but it’s venturing into the artificial intelligence (AI) market, to gain a slice of the data center power market. Executive Vice President Rob Wingo, who…

March 26, 2024
Glenfarne Honing in on Final Supply Agreements While Targeting Texas LNG Construction Later This Year

Glenfarne Honing in on Final Supply Agreements While Targeting Texas LNG Construction Later This Year

Propelled by its latest tentative offtake agreements, Glenfarne Energy Transition LLC is looking to close deals on the remaining volumes of its 4 million metric ton/year (mmty) Texas LNG project by the end of July. With the heads of agreement (HOA) with Gunvor Group Ltd. disclosed earlier in the month, Glenfarne has 3 mmty in…

March 25, 2024
Freeport LNG Boosting Spot Market Volumes, Looking for Investment-Worthy Train 4 Customers

Freeport LNG Boosting Spot Market Volumes, Looking for Investment-Worthy Train 4 Customers

A possible fourth train for Freeport LNG is expected to remain in the development phase for now, but the facility could export an additional 1.5 million metric tons/year (mmty) to the spot market by this summer, CEO Michael Smith said Wednesday. One train at the Texas facility is currently offline and another could have intermittent…

March 21, 2024
Next Big Thing for U.S. Natural Gas Demand? Power-Hungry Data Centers, Say Williams Execs 

Next Big Thing for U.S. Natural Gas Demand? Power-Hungry Data Centers, Say Williams Execs 

The U.S. natural gas demand story has been geared to LNG growth, but there’s another story that could become even bigger: fueling a proliferation of computer data centers. The power-intensive artificial intelligence (AI) computer warehouses are to be fueled mostly by abundant and reliable domestic natural gas. It’s the next big thing, according to Williams…

March 21, 2024
Granholm Says ‘Temporary’ While LNG Developers Hear ‘Pause’

Granholm Says ‘Temporary’ While LNG Developers Hear ‘Pause’

While political opposition and market uncertainty continue to mount around the U.S. Department of Energy’s (DOE) pause of LNG export authorizations, Secretary of Energy Jennifer Granholm reassured energy leaders the action was a necessary, but temporary step to better policy making. During a keynote address Monday in Houston during CERAWeek by S&P Global, Granholm rolled…

March 19, 2024
What Did Our Editors Learn at CERAWeek 2023? – Listen Now to NGI’s Hub & Flow

What Did Our Editors Learn at CERAWeek 2023? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI Managing Editor Carolyn Davis has a roundtable chat with editors Jacob Dick, Kevin Dobbs and Morgan Evans about what they learned at this year’s CERAWeek by S&P Global conference in Houston. The latest on natural gas prices, potential breakthroughs on U.S.…

March 28, 2023
Guyana Plans to Monetize Natural Gas Output, ‘Huge Potential’ Seen

Guyana Plans to Monetize Natural Gas Output, ‘Huge Potential’ Seen

Guyana is fast becoming a regional oil powerhouse, and the country’s vice president Bharrat Jagdeo thinks natural gas is the next step for the small nation at the northern tip of South America. Jagdeo spoke during CERAWeek by S&P Global in Houston earlier this month. “The gas to energy program is going to start producing…

March 16, 2023
Shell CEO Says Natural Gas and Oil Key to Future, with Demand Rising

Shell CEO Says Natural Gas and Oil Key to Future, with Demand Rising

Shell plc is not going to determine how quickly the energy transition happens, but there is a role going forward for natural gas and oil, the CEO said last week. CEO Wael Sawan, who took the helm in January from long-time chief Ben van Beurden, spoke at CERAWeek by S&P Global in Houston. Asked if…

March 15, 2023
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