Carbon capture and storage is poised for broad deployment, thanks to a new climate law brimming with tax incentives. But environmental justice advocates
Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives up demand and prices for the super-chilled fuel. Developers Sempra Energy and New Fortress Energy Inc advanced agreements on separate projects, one of which could be producing LNG within 12 months. .
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18 Feb, 2021 Author Corey Paul
Feedgas deliveries to U.S. LNG export terminals continued to plummet as an energy crisis driven by extremely cold temperatures and snow deepened in Texas and other parts of the Southern U.S., but operators reported that they have resolved some infrastructure issues that had contributed to disruptions at the facilities.
Total natural gas flows to the six major U.S. export facilities dropped to about 2.2 Bcf/d on Feb. 16, down from about 5.3 Bcf/d a day prior, according to pipeline flow data from S&P Global Market Intelligence. Flows had exceeded 10 Bcf/d as recently as Feb. 8.
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16 Feb, 2021 Author Allison GoodCorey Paul
Some Gulf Coast oil and natural gas midstream infrastructure remained sidelined Feb. 16 as Texas bore the brunt of historically harsh winter weather and extended power outages.
Andy Weissman, CEO of energy research and consulting firm EBW AnalyticsGroup, told clients on Feb. 15 that at least 7 Bcf/d of [gas] production was shut-in and . at least 1.5 million [barrels/d] of oil production is lost as drillers halted operations.
As of Feb. 16, these supply disruptions were still trickling down to the pipelines that transport oil and gas volumes from shale plays like West Texas Permian Basin and the Mid-Continent.