Articles tagged Energy transition

Energy Transfer LP is expecting to make a final investment decision (FID) within months on the proposed 1.5-2.0 Bcf/d Warrior Natural Gas pipeline to move supply from the Permian Basin.

The Gate LNG import terminal has its first taker for renewable natural gas (RNG) liquefaction capacity at the Netherlands hub as Germany’s largest importer of the super-chilled fuel looks for opportunities to offset its shipping business.

Integrated energy major ExxonMobil is seeing bottom-line gains by simplifying and standardizing operations, a strategy that should continue to benefit the global natural gas and oil operations, CEO Darren Woods said Friday.

The UK’s new Labour government won in a landslide election earlier this month and has promoted the island country as a “clean energy superpower,” moving away from the previous government’s emphasis on oil and natural gas.

Industrial conglomerate Honeywell International Inc. sees a future fueled by natural gas, CEO Vimal Kapur said. To that end, the company is expanding its global LNG prowess with the takeover of Air Products’ liquefied natural gas process technology and equipment business.

U.S. LNG exports are forecast to more than double by 2030 from 2022 levels, with domestic natural gas consumption declining “only slightly” over the next 25 years, according to BP plc.

The Barnett Shale’s top natural gas producer, BKV Corp., has secured a contract to develop and sell carbon sequestered gas, aka CSG, to a Texas facility at a “premium over Henry Hub prices.”

“My first hope for the next presidential administration in Mexico, whoever wins, is that they are receptive and listen to the voices of the sector,” Beatriz Marcelino, CEO of Grupo CIITA, told NGI’s Mexico GPI. “During the first years of this administration, the doors were closed for us and members of the sector and we weren’t allowed to participate. This is no longer the case, and we hope that continues into the next administration.”

Argentina’s vast natural gas resources would only be fully developed with an LNG export facility, according to experts who spoke at a recent energy conference.

ExxonMobil will add more natural gas – including LNG – into the portfolio, both in the United States and overseas, as long as they are “advantaged investment opportunities,” according to CEO Darren Woods.