A number of Latin American nations are increasingly importing LNG as a baseload energy security option as they work to lower greenhouse gas emissions and hit net-zero targets. “If you look at a country like Chile,” said Bryan Murphy, managing director of infrastructure outfit Glenfarne Energy Transition LLC (GET), “there has been no baseload thermal…
Topic / Energy Transition
SubscribeEnergy Transition
Articles from Energy Transition
National Grid, Copper Labs Technology Piloting Ways to Reduce Natural Gas Demand in Extreme Weather
After first announcing a partnership last year, National Grid plc and Copper Labs Inc. said they had demonstrated how targeted messaging can help customers reduce energy consumption during extreme weather events such as the bomb cyclone that tore through the East Coast in January. Copper Labs in March 2021 received $2 million in funding from…
Pennsylvania Lawmakers Add $30M in Tax Incentives for Natural Gas Use, Offer Carrot for Hydrogen Hub
Lawmakers in Pennsylvania, the second-largest U.S. natural gas-producing state, last week signed a bill increasing tax credits by $30 million for in-state fertilizer and petrochemical manufacturers that use locally-produced natural gas. House Bill 1059, dubbed the Pennsylvania Economic Development for a Growing Economy (PA EDGE), amends the Keystone State’s tax code, boosting the natural gas…
Penn LNG Agrees to MiQ Certification, Commits to Buying 100% Certified Natural Gas for Export
Penn America Energy Holdings LLC, which is developing an LNG export terminal on the East Coast, has signed an agreement to certify that its methane emissions and operations meet MiQ standards, making a first-of-its-kind commitment to feed the facility with 100% independently certified natural gas. The proposed 7.2 million metric tons/year facility would be located…
Williams Natural Gas Bet Paying Off Now… and Well Into the Future?
Williams’ long-term natural gas focus continues to bring in the returns, according to CEO Alan Armstrong, who said strong quarterly results were attributable to the company sticking to its strategy. Speaking on a 3Q2022 conference call, Armstrong said the midstream giant’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was up 15% compared to…
Domestic Crude Production Dips as Biden Trumpets ‘Windfall’ Tax on Natural Gas, Oil Majors
Domestic crude production ticked lower last week along with demand, the U.S. Energy Information Administration (EIA) said Wednesday. The latest government snapshot followed President Biden’s assertion this week that energy majors are keeping a lid on output in order to maintain high oil and natural gas prices to bolster profits. Biden on Monday floated a…
Southwestern Eyes Upping Supply to LNG Corridor, Secures Additional Transport Service
Southwestern Energy Co. said Friday that it was reinforcing its long term flow assurance to U.S. LNG facilities by adding 500 MMcf/d of new firm transportation starting in 2024. The transport to the Gulf Coast liquefied natural gas corridor would be on Momentum Midstream LLC’s 1.7 Bcf/d New Generation Gas Gathering system and DT Midstream…
IEA says Energy Markets Changed ‘for Decades to Come,’ Sees Fossil Fuels Declining by mid-2020s
Amid a “profound reorientation” in international energy markets due to a supply disruption following Russia’s invasion of Ukraine, global demand for natural gas, coal and oil is expected to peak or plateau by the mid-2030s, the International Energy Agency (IEA) said Monday. In its annual World Energy Outlook (WEO-2022), the IEA said the global energy…
Denbury Expecting CO2 Pipeline Expansion as Part of Blue Methanol Project Partnership
Denbury Inc. subsidiary Denbury Carbon Solutions LLC has inked a 20-year agreement with Lake Charles Methanol LLC (LCM) to provide carbon dioxide (CO2) transportation and storage for LCM’s $4 billion project to convert natural gas into hydrogen, and ultimately blue methanol. Denbury said it intends to construct a new pipeline from the Lake Charles industrial…
U.S. Power Sector Consumed Less Natural Gas in 2021, but Demand Seen Rebounding This Year
Consumption of natural gas by U.S. power generators fell by 3% year/year in 2021 after four straight years of growth, the Energy Information Administration (EIA) said Monday. “High natural gas prices in 2021 made natural gas a less competitive fuel, particularly compared with coal; coal prices for electricity generators remained relatively stable in 2021,” said…