EQT Corp., the largest natural gas producer in the United States, is partnering with Context Labs to commercialize verified low-carbon intensity natural gas products and carbon credits. Context Labs offers decarbonization as a service, or DaaS, using technologies to certify emissions profiles and help progress mitigation across the natural gas value chain. Technologies include distributed…
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EQT Giving ‘Context’ to Decarbonize Entire Natural Gas Value Chain
EQT Corp., the largest natural gas producer in the United States, is partnering with Context Labs to commercialize verified low-carbon intensity natural gas products and carbon credits. Context Labs offers decarbonization as a service, or DaaS, using technologies to certify emissions profiles and help progress mitigation across the natural gas value chain. Technologies include distributed…

EQT Sending Oil, Natural Gas Equipment to Support Ukraine’s War Efforts
EQT Corp., the largest natural gas producer in the United States, has donated production equipment to Ukraine’s largest gas producer, JSC Ukrgasvydobuvannya, to restore facilities damaged in the war with Russia. Ukrgasvydobuvannya, a unit of Naftogaz, produces 70% of Ukraine’s gas, which totals around 12.5 Bcm. “Ensuring a reliable supply of energy is a challenge,…

Appalachian Companies Launch Methane Coalition to Give World Window to Natural Gas Operations
Three of the Appalachian Basin’s leading upstream and midstream operators on Wednesday announced a new coalition aimed at better monitoring and reducing methane emissions throughout the Marcellus and Utica shales. Chesapeake Energy Corp., EQT Corp. and Equitrans Midstream Corp. launched the Appalachian Methane Initiative (AMI). The coalition said it would work to identify and fix…

Third-Party Issues Seen Challenging EQT Operations Into 2023
Supply chain issues, midstream constraints and adverse weather combined to curb EQT Corp.’s third quarter natural gas output and are likely to impact the company’s operations through the middle of next year, management said last week. “These third-party constraints, along with water restrictions due to drought conditions in parts of the [Appalachian] basin, negatively impacted…

EQT Reports $1.6B Loss in 3Q on Natural Gas Derivatives
EQT Corp. said in a regulatory filing late Tuesday it expects to report steep losses on derivatives for the third quarter as U.S. natural gas prices have hit their highest levels in more than a decade. In a Form 8-K filed with the U.S. Securities and Exchange Commission, EQT forecast a $1.6 billion loss on…

U.S. Natural Gas Heavyweights Launch Coalition to Export More LNG
EQT Corp., the largest U.S. natural gas producer, has teamed up with midstreamers TC Energy Corp. and Williams to establish a coalition that will focus on increasing American LNG exports to help displace dirtier fuels abroad and lower greenhouse gas emissions. The Partnership to Address Global Emissions, or PAGE, would help develop and promote policies…

Quantum Energy Partners to Take Major Position in EQT After $5.2B Transaction
EQT Corp. said late Tuesday it would bolt-on 90,000 net acres and associated midstream assets in West Virginia in a cash and stock transaction valued at $5.2 billion. EQT, the nation’s largest natural gas producer, is acquiring upstream assets from THQ Appalachia I LLC and midstream assets from THQ XcL Holdings I LLC. Both companies…

Proposed Pennsylvania LNG Export Terminal in Talks to Commercialize Project
An East Coast LNG export terminal that would tap into vast amounts of feed gas from the Appalachian Basin is aiming to pre-file with federal regulators by the end of the year and reach a final investment decision by 2024. The 7.2 million metric tons/year (mmty) facility would be located at a yet-to-be-determined site along…

EQT Exploring Equity Stake in LNG Export Capacity, Deals With Overseas Gas Buyers
EQT Corp. is in discussions with multiple liquefied natural gas (LNG) end-users across the world and may invest in liquefaction capacity as the call for U.S. exports grows. The country’s largest natural gas producer already sells volumes to U.S. export terminals. It moves 1 Bcf/d from the Appalachian Basin to the Gulf Coast. However, the…