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VoltaGrid has selected Quantum Fuel Systems to provide natural gas virtual pipeline trailers that will grow VoltaGrid’s compressed natural gas (CNG) delivery capabilities. Quantum will provide VoltaGrid with […] The post VoltaGrid Shooting for 180 CNG Trailers with Quantum Partnership appeared first on NGT News.
(Investing) –South Dakota Governor Larry Rhoden signed a bill on Thursday banning the use of eminent domain, which allows private land to be taken for public use, for the construction of carbon dioxide pipelines, potentially endangering a $9 billion project proposed by Summit Carbon Solutions.
NGVAmerica has named new leadership for its Virtual Pipeline Working Group for 2023. After assisting in the group’s development and serving four years at its helm, Chairman Mark Babcock of Hexagon Agility will rotate the lead position to Steve Toelke of Quantum Fuel Systems.
Putin is desperately scouting for hungry new gas markets after Russia lost the bulk of its most important export market, Europe, following his invasion of Ukraine. That loss included Putin’s ill-considered move to cut gas supplies to Germany through a significant pipeline last year.
On June 28, 2023, the $6.6 billion Mountain Valley Pipeline gained approval to proceed by the Federal Energy Regulatory Commission (FERC). When complete, the 300-mile pipeline will move natural gas from Wetzel County, West Virginia, to Pittsylvania County, Virginia. Owner Equitrans Midstream Corp.
10] While the rule does not specify whether the new limits apply retroactively to oil spills that occur before the effective date, case law indicates that the change will be prospective only. [11] 11] The Coast Guard is not responsible for adjusting OPA limits for offshore facilities (other than deepwater ports).
Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. Our condensed report focuses only on updated metrics, new initiatives, and achievements specific to 2023. Also invested $1.6
The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023. Permian to Cushing pipeline flows are tracking 100,000 barrels per day higher year-over-year for the first quarter, Irwin said. Gulf Coast pressured that market lower. A 10% tariff by the U.S.
.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No. In fact, the No.
Representatives from the Association of the Petroleum Industry of Kurdistan (APIKUR) member companies met with officials from the Government of Iraq (GoI) and the Kurdistan Regional Government (KRG) on March 6 to discuss the resumption of oil exports through the Iraq-Trkiye Pipeline. Additional meetings are required to finalize agreements.
Paramount Pluss Landman show supports Oil & Gas And hell, its in everything. The clip was so compelling that it went viral on social media a rare feat for any show, but especially one about the oil and gas industry. energy mix , compared to 36% for natural gas and 38% for oil. That road we came in on.
oil and gas sector trends in 2025. Here are some trends that Jeff Robertson, Managing Director at Water Tower Research , identifies as key forces shaping the oil and gas landscape next year. (1) Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine.
This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023. We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%).
This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023. Mackie McCrea, co-CEO, Energy Transfer We have seen a wide range of estimates for new power demand, and the broad consensus suggest that natural gas fueled power demand will increase significantly in the future.
20-0904, 2023 WL 2438927 (Tex. 2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. Sheppard , — S.W.3d
DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. Sales continue via Fish Khabur amid ongoing Iraq-Trkiye pipeline closure. License had been inactive since mid-2023 before testing. By John Lee.
RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holder’s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.
February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. billion in 2023, prompting cost-cutting measures, a 5% staff reduction, and slashed executive bonuses. Read m o re US oil and gas rig count hits highest since June, says Baker Hughes Summary : U.S.
2023-N02 (March 24, 2023). 250.1409 (applicable to appeals of penalties assessed to federal offshore oil, gas, and sulphur leases) and § 290.4 250.1409 (applicable to appeals of penalties assessed to federal offshore oil, gas, and sulphur leases) and § 290.4 BSEE’s 2024 decommissioning rule would update 30 C.F.R.
Recent awards include Hart Energy , Texas Oil & Gas Associations (TXOGA) , SMU Cox’s Maguire Energy Institute , and D CEO Magazine. He is also a member of the Texas Business Hall of Fame , the Ammys Hall of Fame, and a recipient of the Hanlon Award presented by the Gas Processors Association.
Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria.
The impact of the invasion on global gas markets was unprecedented as analysts struggled to comprehend the changes and the consequences. The invasion has not only appended world trade in gas, but also changed how gas is transported form pipelines to LNG carriers. Growth in its LNG shipments to many European countries.
Solar power adoption is experiencing unprecedented growth globally, with a remarkable 346 GW added in 2023, representing a 74% increase from the previous year. This workflow demonstrates how different AWS services can be combined to create a robust and efficient processing pipeline.
The two bureaus stated their focus for fiscal year (FY) 2022 would be on the development of regulations to address the IIJA requirement; accordingly, both BOEM and BSEE have budgeted funds for FY 2023 to develop such a framework. In the meantime, more questions than answers remain regarding the regulatory framework for offshore CCS.
natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.
oil and gas industry is experiencing one of its most transformative periods. Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. oil & gas basins , the leading companies , and market trends using the latest data and forecasts.
It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. 2024 is almost in the books! As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024.
There are four potential explanations… POLITICO EU BY CHARLIE COOPER, EDITING BY GERMÁN & Co, MARCH 8, 2023. Nearly six months on from the subsea gaspipeline explosions, which sent geopolitical shockwaves around the world in September, there is still no conclusive answer to the question of who blew up Nord Stream.
The deal keeps intact spending in Biden’s landmark climate bill, but it expedites a natural gaspipeline backed by Sen. WP BY TIMOTHY PUKO, UPDATED MAY 29, EDT|PUBLISHED MAY 29, 2023 AT 6:07 P.M. Joe Manchin III (D-W.Va.). President Biden and.
In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new natural gaspipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. New England sits adjacent to Pennsylvania and the largest natural gas producing region in the country.
In a statement on Saturday, the Ministry said it has called on Kurdistan authorities to hand over the produced quantities from operational fields to the State Oil Marketing Organization (SOMO) to begin exports via the Iraq-Turkey pipeline and Ceyhan Port, under contracts signed with the nominated companies. Sources told Reuters that U.S.
BP is not alone in this pivot; Exxon and Shell have also restructured their strategies to prioritize traditional oil and gas over renewable ventures. So far, it appears betting on renewables has not yet yielded the expected returns compared to traditional oil and gas investments. “The world is getting older.
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