Regulatory

FERC Chairman Willie Phillips recently told lawmakers that an extended analysis of the proposed CP2 LNG facility’s air emissions was prolonging the regulatory review of the project.  Phillips said Venture Global LNG Inc.’s Calcasieu Pass terminal, which entered service in 2022, is releasing more emissions than previously expected, which would add to the nearby CP2…

Infrastructure

Zachry Group, one of the construction firms working on the Golden Pass LNG terminal, disclosed it will eventually exit the project and has filed for bankruptcy amid reported financial and labor issues. The San Antonio-based engineering, procurement and construction (EPC) firm is the lead contractor in charge of staffing construction activities for the 18 million…

Earnings

Mergers by exploration customers and low natural gas prices continue to be a headwind in the Lower 48 for the oilfield services sector, but impacts may begin to ease later this year, according to completions expert Patterson-UTI Energy Inc.  U.S. land activity “continues to be cautious and reflects slightly lower activity than we saw to…

Power Generation

Click here to listen to the latest episode of NGI’s Hub and Flow, as Enverus senior energy transition analyst Carson Kearl joins NGI’s Carolyn Davis, managing editor of News, to break through the hype about power generation needs as more hyperscale data centers come online. A race is underway by big and small operators as…