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Natural Gas Utilities, E&Ps Giving Back for the Holidays

Natural Gas Utilities, E&Ps Giving Back for the Holidays

From assisting natural gas and electric utility customers in paying higher-than-usual energy bills, to decorating Ronald McDonald Houses for the holiday season, the energy industry has once again stepped up to the plate to spread cheer this holiday season.  Jackson, MI-based Consumers Energy said it would provide $7.25 million to help Michiganders struggling with winter…

December 22, 2022
Permian-Focused Laredo Petroleum Rebranding as Vital Energy Amid ESG Emphasis

Permian-Focused Laredo Petroleum Rebranding as Vital Energy Amid ESG Emphasis

Tulsa, OK-based independent Laredo Petroleum Inc. is set to rebrand as Vital Energy Inc. on Jan. 9, management said.  The name change is consistent with the company’s goal “to ensure everyone has access to the reliable, affordable energy resources needed to power their lives,” according to the firm. The rebrand “reflects our mission and collective…

December 12, 2022
Energy Transition to Bring More Volatility, Opportunity for Natural Gas Firms, BP’s Alvarez Says

Energy Transition to Bring More Volatility, Opportunity for Natural Gas Firms, BP’s Alvarez Says

BP plc’s Orlando Alvarez, head of gas and power trading in the Americas, sees natural gas and other energy markets heading further into “unprecedented times” of market volatility and regulatory uncertainty, but those changes don’t all have to be challenges for the industry. During a keynote address at LDC Gas Forums’ Gulf Coast Energy Forum…

October 19, 2022
More Lower 48 Oil, Natural Gas Producers Disclosing Emissions Ahead of Possible SEC Rule Change

More Lower 48 Oil, Natural Gas Producers Disclosing Emissions Ahead of Possible SEC Rule Change

A growing number of Lower 48 onshore oil and gas producers are publicly disclosing greenhouse gas (GHG) emissions data, according to new research by Haynes and Boone LLP and EnerCom inc. The trend  may be related to proposed rules by the Securities and Exchange Commission (SEC) that would require publicly traded firms to publish their…

October 19, 2022
Switching from Natural Gas to Coal Said More Difficult for Electric Utilities

Switching from Natural Gas to Coal Said More Difficult for Electric Utilities

A buffer against higher natural gas prices that has traditionally been available to U.S. electric utilities, gas-to-coal switching, has become less tangible as more coal-fired power plants are retired and supply chain challenges linger, according to analysts. “I do not think utilities have any options, other than to burn dry gas in their” combined cycle…

October 5, 2022
Texas Blacklists Financial Firms as Punishment for Allegedly Boycotting Natural Gas, Oil

Texas Blacklists Financial Firms as Punishment for Allegedly Boycotting Natural Gas, Oil

Texas banned local and state government entities from holding stakes in 10 financial companies and nearly 350 investment funds for allegedly boycotting the oil and natural gas industry. Texas Comptroller Glenn Hegar on Wednesday posted a list of companies and funds that his department determined had shunned oil and gas companies as part of a…

August 26, 2022
Appalachian Pure-Play Olympus Certifying All Natural Gas, Midstream Operations

Appalachian Pure-Play Olympus Certifying All Natural Gas, Midstream Operations

Olympus Energy LLC has become the latest exploration and production (E&P) firm to claim the distinction of producing 100% certified natural gas after an analysis by Project Canary. Pittsburgh independent Olympus operates around 100,000 net acres with more than 10 producing wells in Marcellus, Utica and Upper Devonian plays of southwestern Pennsylvania.  Olympus COO Mike…

July 12, 2022
Imperial, E3 Piloting Lithium Extraction in Alberta’s Leduc Oilfield

Imperial, E3 Piloting Lithium Extraction in Alberta’s Leduc Oilfield

The search for lithium, a key ingredient used to build batteries for electric vehicles, is underway by Imperial Oil Ltd. and E3 Lithium, which are piloting an Alberta development in a well first drilled by the Calgary producer in 1947. Imperial, majority owned by ExxonMobil, said Thursday the C$6.35 million ($5 million) investment in Calgary-based…

June 27, 2022
Natural Gas, Oil Players Eyeing Lithium to Build ESG Cred

Natural Gas, Oil Players Eyeing Lithium to Build ESG Cred

More than a new source of revenue, extracting lithium from produced water could allow natural gas and oil industry players to achieve environmental, social, and governance (ESG) goals, informed sources told NGI. The level of interest in lithium extraction produced water, aka brines, among exploration and production companies, oilfield services firms and others is “growing,”…

June 8, 2022
Ohio Oil and Gas Association Details Utica Players’ ESG Achievements in Inaugural Report

Ohio Oil and Gas Association Details Utica Players’ ESG Achievements in Inaugural Report

Ohio oil and natural gas operators produced 15 times more natural gas in 2018 than in 1990 while slashing carbon dioxide emissions by 37.3 million metric tons, according to the Ohio Oil and Gas Association’s (OOGA) first Community Impact and Sustainability Report  OOGA surveyed its member companies on environmental stewardship, community engagement and energy education…

June 1, 2022
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