The Natural Allies For A Clean Energy Future organization is touting its growth as former political leaders join major U.S. producers and operators to advance using natural gas alongside renewable power to reduce carbon emissions. “Natural gas partnered with renewable energy can accelerate our path to a clean energy future – ensuring affordability and reliability…
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EQT Sets Tentative Tolling Capacity Deal at Commonwealth LNG in Louisiana
EQT Corp. has signed a tentative 15-year tolling agreement with the proposed Commonwealth LNG export terminal in Louisiana to liquefy 1 million metric tons/year (mmty) of the super-chilled fuel that the top producer can sell on international markets. The heads of agreement (HOA) builds on another agreement EQT signed to liquefy 1 mmty at the…
EQT Advancing Gulf Coast LNG Strategy and Eyeing (Eventual) MVP Opportunities
EQT Corp., the nation’s largest natural gas producer, has snagged an agreement to supply the proposed Lake Charles LNG project in Louisiana with 1 million metric tons/year (mmty), or 135 MMcf/d, advancing a strategy to supply overseas markets with Appalachia production. In the heads of agreement (HOA) with sponsor Energy Transfer LP (ET), EQT said…
NET Power Debuts on NYSE, Aims to Rapidly Deploy Low-Emission Natural Gas Plants
North Carolina-based NET Power Inc., fueled by a powerhouse group of natural gas and oil investors, began trading publicly on Friday, with “ample capital” to build a backlog of utility-scale power plant projects as soon as 2026. Rice Acquisition Corp. II and NET Power LLC completed their merger last Thursday (June 8), which launched the…
EQT, Context Looking to ‘Credibly Validate’ 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 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…