Energy Transition

EQT Corp. said 80% of its natural gas now holds the certified designation, giving it a potential leg up for premium pricing. The top natural gas producer in the United States, which produced an estimated 5.6 Bcfe/d during the third quarter,  said most of the Marcellus and Utica shale production achieved the certification label last…

The liquefied natural gas (LNG) industry is poised for a milestone year on the path toward establishing emissions measurements across the value chain, particularly in the United States, where suppliers have made progress in a way that could give them a commercial advantage.

The International Energy Agency (IEA) is urging the Canadian government to require “deep decarbonization” in the country’s oil and natural gas industry.  “Global markets will progressively demand cleaner fuels and will discriminate in favor of more carbon-competitive products,” said the global energy watchdog in a 261-page report issued on Thursday. “Canada is the fourth largest…

A new report from Rhodium Group suggested that the United States may have to play catch-up to regain progress in the fight against climate change following a year of volatile natural gas prices that led to more reliance on less expensive coal increased greenhouse gas emissions in 2021. In its report published on Monday, researchers…

To ensure the United States holds its mantle as a top natural gas and oil producer, the American Petroleum Institute (API) plans to push for continued access to federal leasing and advocate that producers advance their work to reduce carbon emissions.

Seneca Resources Co. LLC on Tuesday said 100% of its Appalachian natural gas production, which is 1 Bcf/d gross, has been deemed certified under performance targets set by Equitable Origin (EO). The exploration and production (E&P) arm of National Fuel Gas Co. (NFG) said the achievement was completed under the EO100 Standard for Responsible Energy…

The transition to lower carbon-emitting fuel resources may give Latin America a new economic edge, according to energy expert Daniel Yergin. In a conversation with NGI earlier this month, the vice chairman of IHS Markit and chair of CERAWeek said Latin America may see its fortunes rise as “enormous” amounts of copper and other earth…

California Gov. Gavin Newsom unveiled his proposed 2022-2023 budget proposal to continue confronting the state’s “greatest existential threats” – the pandemic and climate change – while bolstering economic growth. Specifically for energy, Newsom’s ambition under his California Blueprint is to create “an oil-free future” for California by reducing the state’s reliance on fossil fuels while…

Permian Basin natural gas processor Lucid Energy Group has been given the green light to advance a carbon sequestration project at its Red Hills Complex in Lea County, NM. Lucid, sponsored by entities of Riverstone Holdings LLC and Goldman Sachs Asset Management, said the Environmental Protection Agency approved its monitoring, reporting and verification (MRV) plan…