Infrastructure

Halliburton Back in Black as North America Stages ‘Healthy Recovery’

Halliburton Back in Black as North America Stages ‘Healthy Recovery’

Halliburton Co., which completes more onshore oil and gas wells in North America than any other operator, saw demand for its drilling services climb during the first three months of the year.  The Houston oilfield services (OFS) giant reported its quarterly results on Wednesday, with CEO Jeff Miller presiding over the conference call with analysts. …

April 21, 2021
Argentina Gearing Up for Winter of Higher Natural Gas Demand, Import Needs

Argentina Gearing Up for Winter of Higher Natural Gas Demand, Import Needs

Argentina has commissioned a second floating, storage and regasification unit (FSRU) to meet higher-than-expected natural gas demand this upcoming winter in the Southern Hemisphere. The country’s natural gas buyer, Integración Energética Argentina (Ieasa), has leased an Excelerate Energy LP FSRU for the Bahía Blanca port. This will add to the existing FSRU now stationed at…

April 21, 2021
Baker Hughes Raises Global LNG Demand Forecast to 2030

Baker Hughes Raises Global LNG Demand Forecast to 2030

Baker Hughes Co. is projecting global demand growth for oil and natural gas into the second half of the year, aligned with rising demand for carbon-neutral products. “As we look ahead to the rest of 2021, we remain cautiously optimistic that the global economy and oil demand will recover from the impact of the global…

April 21, 2021
IEA Cautions CO2 Emissions to Spike in 2021 as Global Economy Emerges From Pandemic

IEA Cautions CO2 Emissions to Spike in 2021 as Global Economy Emerges From Pandemic

Carbon dioxide (CO2) emissions are poised to soar in 2021 as energy use mounts alongside global economic momentum, the International Energy Agency (IEA) said in a report Tuesday. The Paris-based energy watchdog estimated that emissions would spike by 1.5 billion metric tons/year. It would mark the second-biggest increase on record and more than reverse the…

April 21, 2021
Shell Bets on Sustainable Aviation Fuels with Investment in LanzaJet

Shell Bets on Sustainable Aviation Fuels with Investment in LanzaJet

LanzaJet Inc. announced last week that supermajor Royal Dutch Shell plc had become an investor of the sustainable aviation fuels (SAF) technology company and producer as it continues to search for lower-carbon alternatives to fossil energy. The investment by Shell comes as LanzaJet is working to build the first Alcohol-to-Jet (AtJ) facility in the world.…

April 21, 2021
ExxonMobil Eyeing $100B Carbon Capture Project in Houston Area

ExxonMobil Eyeing $100B Carbon Capture Project in Houston Area

ExxonMobil is looking for local, state and federal support to build a $100 billion project that would capture carbon emissions from the largest U.S. petrochemical complex along the Houston Ship Channel and bury them in the Gulf of Mexico. If the landmark project were to be built, ExxonMobil estimates that by 2030 the initial phase…

April 20, 2021
PG&E to Expand Use of Permanent Microgrids in Northern California

PG&E to Expand Use of Permanent Microgrids in Northern California

Pacific Gas and Electric Co. (PG&E) on Tuesday introduced a program to help Northern California communities develop permanent, multi-customer microgrids to ensure off-the-grid electricity to critical facilities and vulnerable customer groups. The first installation is set for the Yurok Tribe of Native Americans. The Community Microgrid Enablement Program (CMEP) would provide technical support and capital…

April 20, 2021
DOI’s Haaland Revokes Trump Orders Affecting Natural Gas, Oil Development, Creates Climate Task Force

DOI’s Haaland Revokes Trump Orders Affecting Natural Gas, Oil Development, Creates Climate Task Force

Department of the Interior (DOI) Secretary Deb Haaland has revoked a series of energy-related secretarial orders (SO) issued under the Trump administration and established a climate task force to coordinate across the department. Haaland did so last Friday by signing two SOs of her own, reflecting a see-saw pattern of executive action that is becoming…

April 20, 2021
North Dakota, Others Defend DAPL, Cite Economic Harm of Potential Shutdown

North Dakota, Others Defend DAPL, Cite Economic Harm of Potential Shutdown

While opponents of Energy Transfer LP’s Dakota Access Pipeline (DAPL) have been seeking a shutdown of the line after a federal judge vacated a key permit last year, advocates of the controversial oil conduit are warning of major economic damage to stakeholders should operations cease. In a filing submitted Monday to the U.S. District Court…

April 20, 2021
Despite Lower Demand, U.S. Natural Gas Market Expected to ‘Net Grow’

Despite Lower Demand, U.S. Natural Gas Market Expected to ‘Net Grow’

Natural gas isn’t going anywhere soon and overall demand for U.S. gas will keep growing on the back of rising exports, according to Mercuria Energy Co.’s Charles Blanchard. Blanchard, head of North American natural gas research, recently published an exhaustive study on the history of natural gas in the United States called, “The Extraction State.”…

April 20, 2021
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