Energy Transition

News that the Department of Energy (DOE) may pause authorizations for new LNG export projects has stirred reactions from industry groups and environmentalists alike, but what does it mean for domestic and global natural gas supply outlooks? The New York Times was the first to report Wednesday that the Biden administration has directed DOE to…

The world is on track to achieve 800 million metric tons/year (mmty) of LNG capacity by 2030, with Baker Hughes Co. expecting to grab a major slice of the market, executives said Wednesday. CEO Lorenzo Simonelli, joined by CFO Nancy Buese, discussed the Houston-based oilfield service giant’s latest quarterly results and the outlook during a…

The Interstate Natural Gas Association of America (INGAA) said electrifying natural gas compressors would reduce greenhouse gas (GHG) emissions but concerns remain about generator system reliability and resiliency. The trade association, which represents most of North America’s interstate natural gas transmission pipeline companies, sponsored a recent study to discern the advantages and problems of using…

North Dakota energy regulators expect a modest uptick in Bakken Shale oil production this year, though challenges persist around managing the immense volumes of liquids-rich natural gas extracted as a byproduct.  A case in point was the deep freeze on Wednesday (Jan. 17), which shut in about 700,000 b/d of oil and 2 Bcf/d of…

Colorado’s Democratic Gov. Jared Polis signaled during his recent state of the state address that his administration would continue its work to meet stringent emissions reduction targets. Some governors are sharing some of their energy strategies in the annual state addresses. Polis, whose state includes the prolific Denver-Julesburg Basin and Niobrara formation, oversees one of…

Natural gas consumption is forecast to expand for years to come, but the energy industry is embracing ways to reduce the methane and carbon dioxide (CO2) emissions from their production. In the United States, publicly held exploration and production (E&P) companies have taken up the mantle, spurred on by shareholder pressures and government incentives. The…

Oil and natural gas industry groups expressed disappointment with a long-anticipated proposal published this month by the Environmental Protection Agency (EPA) to place a fee on excess methane emissions from large oil and gas operations. The waste emissions charge (WEC) or methane fee is mandated by the Inflation Reduction Act (IRA) of 2022, President Biden’s…

Challenges to add renewables to the mix of power supply add to issues that will keep natural gas generation growing and an important part of the energy stack in 2024. “Coal and natural gas remain important to the U.S. electric grid, even as variable renewable resources such as solar and wind grow,” U.S. Energy Information…

Natural gas utility Spire Inc. is developing a renewable natural gas (RNG) facility in Kansas City, MO, the first in the area, via a venture with the city’s water utility.  KC Water selected Spire to develop the facility at the Blue River Wastewater Treatment Plant. The upgrade, expected to be completed in 2025, could produce…