Pointe LNG raising investment capital for La. project

A proposed liquefied natural gas facility in Louisiana that had been dormant is alive again, Kallanish Energy reports. Pointe LNG has hired Whitehall & Co. to raise investment capital and secure offtake for a liquefaction/export facility in Plaquemines Parish, Louisiana, to process 6 million tons per year of LNG. It said $4 billion in capital … Read more

Commissioning continues at Elba Island LNG

The Federal Energy Regulatory Commission has given Kinder Morgan approval to introduce feed gas into Unit No. 8 at Elba Island LNG in Georgia, Kallanish Energy reports. It is one of 10 modular units at the LNG facility outside Savannah, Georgia. Six of the units are in service with two additional units starting commissioning activities. … Read more

Ovako successfully tests hydrogen for heating steel

Swedish special steelmaker Ovako has successfully tested the use of hydrogen to heat steel, opening up further possibilities to reduce the carbon footprint of the steelmaking industry, Kallanish Energy reports. The test was done within a full-scale trial launched by the company together with its partner Linde Gas. The partners used hydrogen instead of liquefied petroleum … Read more

Well drilling in Canada expected to drop by 31% in 2020: PSAC

The Petroleum Services Association of Canada (PSAC) is predicting that well drilling in 2020 will be at its lowest level in decades, Kallanish Energy reports. In a second update, the Alberta-based national trade group said has revised the number of wells expected to be drilled this year to 3,100. That is a reduction of 31% … Read more

US underground gas stocks increase 70 Bcf: EIA

Natural gas storage in the U.S.’s Lower 48 states increased by 70 billion cubic feet (Bcf) for the week ending April 24, the U.S. Energy Information Administration (EIA) said last Thursday. According to the official estimates, the net injections into storage are lower than the five-year average of 74 Bcf and last year’s net injections … Read more

North Dakota sets May 20 hearing on O&G production cuts

A third state is looking into requiring oil and natural gas production cuts: North Dakota. It would join Texas and Oklahoma that are both considering similar proposals. North Dakota, the No. 2 oil production state in the United States, have set a May 20 hearing on whether or not the current production of oil and … Read more

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