Energy Transition

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
Williams, Coterra and Dominion Joining Forces to Procure Certified Natural Gas

Williams, Coterra and Dominion Joining Forces to Procure Certified Natural Gas

Midstream giant Williams has reached agreements with Coterra Energy Inc. and Dominion Energy Inc. to deliver certified low-carbon natural gas from the wellhead to Dominion’s Virginia business through 2023. The arrangement to deliver next generation or “next gen” natural gas “highlights the low-carbon benefits of Coterra’s production in Northeast Pennsylvania and Williams’ gathering and transmission…

December 9, 2022
Carbon Capture Said Essential to Future of Natural Gas

Carbon Capture Said Essential to Future of Natural Gas

A new study has found that carbon capture and storage (CCS) technologies are a necessary component to natural gas serving as part of a transition toward lower carbon emissions. The research was undertaken by academics across universities in Canada and the United States, and was published in the peer-reviewed journal Nature Climate Change. The team…

December 9, 2022
California Resources to Sequester Carbon at State’s First Blue Hydrogen Project 

California Resources to Sequester Carbon at State’s First Blue Hydrogen Project 

California Resources Corp. (CRC), the largest producer in the state, said it would capture carbon emissions at a planned blue hydrogen facility at the Elk Hills Field in Kern County. CRC’s carbon dioxide (CO2) management agreement is with Carbon TerraVault JV Holdco LLC (CTV JV) and Lone Cypress Energy Services LLC. “This CTV storage project…

December 8, 2022
Another California County Bans Natural Gas Hookups ‘Beyond State Code’

Another California County Bans Natural Gas Hookups ‘Beyond State Code’

Residents with new homes in 2023 in Marin County, CA will do their cooking with electric appliances after the Board of Supervisors in November voted to ban natural gas hookups in new buildings.  The county, a peninsula sandwiched between the Pacific Ocean and San Francisco Bay, is expected to adopt Ordinance No. 3776 in January.…

December 7, 2022
ProPetro Expanding E-Fleet Fracturing Completions in Permian as Diesel Use Declines

ProPetro Expanding E-Fleet Fracturing Completions in Permian as Diesel Use Declines

Midland, TX-based completions expert ProPetro Holding Corp. is expanding electric-powered hydraulic fracturing fleets, aka e-fleets, after securing a three-year contract with a Permian Basin operator. The contracted equipment provided to the undisclosed operator would be deployed primarily to support simulated fracture operations. Initially, the operator would use ProPetro’s Tier IV dynamic natural gas blending dual-fuel…

December 6, 2022
Sempra Signs LNG Deal with France’s Engie to Use Certified Natural Gas

Sempra Signs LNG Deal with France’s Engie to Use Certified Natural Gas

Sempra Infrastructure has inked a sales and purchase agreement (SPA) with Engie SA, shoring up offtake for the first phase of its Port Arthur LNG project near Houston and agreeing to source supplies from producers whose gas has been certified by an independent third party. Sempra could supply France’s Engie 0.875 million metric tons/year (mmty)…

December 6, 2022
Oxy, Enbridge Pondering Carbon Capture Hub in Corpus Area of South Texas

Oxy, Enbridge Pondering Carbon Capture Hub in Corpus Area of South Texas

Enbridge Inc. and a subsidiary of Occidental Petroleum Corp. are in the early stages of developing a carbon capture hub in the Corpus Christi area of South Texas, an LNG and oil export hub and home to several petrochemical facilities. Oxy Low Carbon Ventures (OLCV) and Calgary-based Enbridge signed a letter of intent to jointly…

December 6, 2022
Repsol Supplying 400 MMcf/d of Certified Marcellus Natural Gas 

Repsol Supplying 400 MMcf/d of Certified Marcellus Natural Gas 

Spain’s Repsol SA has certified all of the 400 MMcf/d of natural gas it produces in the Marcellus Shale in Pennsylvania as responsibly sourced, the company announced last month. Repsol’s production from more than 680 wells was certified under the standards set by nonprofit MiQ. The assessment process took place over a six-month period, according…

December 1, 2022
NYISO Ready For Winter Demand, Though Natural Gas Losses Outpacing Renewable Adds Pose ‘Risk’ Later in Decade

NYISO Ready For Winter Demand, Though Natural Gas Losses Outpacing Renewable Adds Pose ‘Risk’ Later in Decade

The New York Independent System Operator (NYISO) announced it has adequate supplies to meet the state’s forecasted peak winter electricity demand of 23,893 MW.  NYISO said it is stocked with a total of 43,184 MW of available supply, which includes imports from neighboring regions, leaving it “well positioned to meet this winter’s forecasted demand and…

November 30, 2022