Updated Sep 25, 2024
9/25/24
Chevron Corp. CEO Mike Wirth is calling out the Biden administration for taking cheap shots on the natural gas industry, urging that a directive be lifted that has deferred approvals of some U.S. LNG projects.
The twin challenges of integrating renewables to the power mix while meeting exploding demand from data centers are causing unease in the electricity sector, according to a new survey by Black & Veatch.
Expansion of wind and solar energy in the United States is driving up the value of natural gas pipeline capacity because of the call on power generation for peaking demand, according to Williams CEO Alan Armstrong.
Baker Hughes Co. in only a few years has navigated a brief merger with General Electric, an energy-demand-crushing pandemic and an exit from Russia, but it continues to deliver solid results. The secret, said CEO Lorenzo Simonelli, is the oilfield service company’s “differentiated” technology strategy.
Enbridge Inc. is well on its way to “creating the largest natural gas utility in North America,” with opportunities galore as generation demand increases, according to CEO Greg Ebel.
TC Energy Corp. is transporting record volumes of natural gas on its Canada, U.S. and Mexico pipeline systems, and expects demand growth to accelerate over the coming years, according to management.
Global natural gas and LNG consumption continues to strengthen, supported by accelerating Asian demand and “resiliency” in the industrialized nations, Baker Hughes Co. CEO Lorenzo Simonelli said Friday.
EQT Corp., the largest natural gas producer in the United States, will continue to curtail Appalachian volumes through the second half of the year in light of surplus storage levels, executives said Wednesday.
Natural gas futures traders on Tuesday took profits and snapped a winning streak after the prompt month had rallied nearly 20 cents over the three prior sessions.
Energy executives working in the most prolific natural gas and oil region of the United States are forecasting Henry Hub prices will average $3.01/MMBtu at year’s end, according to the Federal Reserve Bank of Dallas.