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NEWS Click on text to read news by category: General | Product | People | Worldwide

EIA: U.S. Natural Gas Consumption Set Nine Monthly Records and an Annual Record in 2022

March 20, 2023

In 2022, U.S. natural gas consumption averaged a record 88.5 billion cubic feet per day (Bcf/d) — the highest annual natural gas consumption, according to records beginning in 1949. U.S. natural gas consumption last year increased 5 percent (4.5 Bcf/d)

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David Wojick, CFACT: A Simple Reason Why Net Zero is Impossible

March 20, 2023

I have a new study out, titled Constraining Renewables is a National Need, that provides a simple reason why net zero is impossible. It is simply impossible to provide enough energy storage to make renewables reliable. The headlong rush to

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Shell Makes FID for Its Dover Project, U.S. Gulf of Mexico

March 17, 2023

Shell Offshore Inc., a subsidiary of Shell, has made a final investment decision (FID) for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the U.S. Gulf of Mexico (GoM). Dover is expected to start production in

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Range Resources CEO Jeff Ventura to Retire, Dennis Degner Promoted to CEO

March 17, 2023

Range Resources said, after almost 20 years of service which included the discovery and development of the Marcellus Shale field, Jeff Ventura plans to retire from the company effective June 2, 2023 and will not seek reelection to the board.

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Regulators Approve $27 Billion Merger of Canadian Pacific and Kansas City Southern

March 17, 2023

Canadian Pacific (CP) and Kansas City Southern (KCS) said the U.S. Surface Transportation Board (STB) issued a decision approving the CP and KCS joint merger application, subject to certain conditions, thereby authorizing the two railways to combine to form Canadian

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March 23: PIOGA Conference to Highlight Evolving Energy Landscape

March 16, 2023

Pennsylvania was the birthplace of oil and gas more than 160 years ago, launching an industry that has changed the world for the better, and in many ways. And now with an ever-evolving energy landscape, the Pennsylvania oil and gas

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Biden’s Green Allies Promise Lawsuit Over Alaska Oil Project

March 16, 2023

The approval Monday of ConocoPhillips’ massive Willow project in Alaska’s National Petroleum Reserve is teeing up a new high-profile legal brawl that will likely align the Biden administration and Republican lawmakers against environmentalists who have largely backed the president’s climate

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W.Va. Manufacturers Assoc., Other Groups Urge EPA to Start Moving on CCS Projects

March 16, 2023

The West Virginia Manufacturers Association has signed on to a letter urging the U.S. Environmental Protection Agency to overhaul its policies regarding Class VI injection wells. The letter, signed by a coalition of groups representing multiple industries in five states,

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Rep. Steve Scalise Makes American Energy a Priority, Introduces the Lower Energy Costs Act

March 16, 2023

Continuing the fight for affordable energy for Louisiana families and small businesses, House Majority Leader Steve Scalise (R-La.) introduced H.R. 1, the Lower Energy Costs Act. “For the last two years, President Biden and his extremist friends in Washington have

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Venture Global Makes FID for Phase Two of Plaquemines LNG Facility, Closes $7.8B Project Financing

March 15, 2023

Venture Global LNG has made a final investment decision (FID) and successfully closed $7.8 billion project financing for the second phase of the Plaquemines LNG facility. Together, phase one and phase two represent approximately $21 billion of investment, the largest

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