Bankruptcy Judge Tosses Freeport LNG Lawsuit Against 3 Contractors
We’ve been tracking the up down up down up down situation at Freeport LNG (where some Marcellus/Utica molecules flow) since it came online in 2019. Freeport was mostly offline for the first half of this year following an episode of cold temps in January (see Freeport LNG Repairs Won’t be Done Until May – 2 Trains Offline). According to a Reuters story, Freeport experienced “roughly a dozen incidents” by early June. Since that time, things have thankfully improved. However, in June, Freeport and its insurers sued the three contractors that built the facility (see Freeport LNG Sues 3 Contractors for Ongoing Reliability Issues). A bankruptcy judge has just thrown out Freeport’s claims. They won’t get a dime from the contractors. Read More “Bankruptcy Judge Tosses Freeport LNG Lawsuit Against 3 Contractors”

In August, we told you that most of Venture Global’s contracted customers for LNG from the company’s Calcasieu Pass LNG export facility in southwestern Louisiana’s Cameron Parish had filed for arbitration over Venture Global’s refusal to sell them cargoes under contract (see
As we’ve pointed out a number of times this year, the New York legislature (both chambers controlled by radical Democrats) passed a ban on “CO2 fracking” (uses carbon dioxide instead of water) back in March of this year (see
In 2021, as he was running for Governor in Virginia, Glenn Youngkin pledged that if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Youngkin kept his promise, although it took longer than he had hoped. Unfortunately, the left-leaning (very partisan) Association of Energy Conservation Professionals sued. The judge in the case just ruled the way Youngkin removed the state from RGGI was unlawful and that the state must (for now) remain in the high-tax, onerous organization.
Antis did their best, but their best wasn’t good enough. Mountain Valley Pipeline (MVP) victoriously began to flow up to 2 Bcf/d of Marcellus/Utica molecules in June (see
Living in New York State, as MDN editor Jim Willis does, is like watching a slow-motion train wreck. You can see it coming; you warn those nearby to get off the tracks and leave the area, but no one is listening. We’re talking about the coming brownouts and blackouts across the state (especially in New York City) due to the state’s climate policies blocking new natural gas-fired power plants. This past summer, Danskammer Energy, which operates a gas-fired peaker power plant along the Hudson River in Newburgh, NY, withdrew its request to expand the plant (see
Reuters predicts a sharp increase in U.S. LNG exports to European destinations “in the coming weeks.” Why? Because “the price spread between domestic natural gas and Europe’s main gas pricing hub hit one-year highs.” What the heck does that mean? We will explain it below.
We’ve brought you Harold Hamm’s top energy priorities for the incoming Trump administration (see
DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and in other regions, such as Haynesville. Yesterday, DTM announced it had cut a deal to buy three FERC-regulated interstate pipelines from Oklahoma-based ONEOK, Inc. for $1.2 billion. Two of the three pipelines flow Marcellus/Utica molecules to Midwestern markets.
UGI Corporation, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of Pennsylvania’s largest utility companies, is selling its 169-megawatt natural gas-fired power plant near Wilkes-Barre, PA, to Castleton Commodities International for an undisclosed amount. The plant’s owner/seller is actually a wholly-owned subsidiary of UGI Corp. called UGI Energy Services. 

Permitting in Pennsylvania overseen by the Dept. of Environmental Protection (DEP) has been a hot mess for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, or even six months for approval — instead of the policy-mandated 14 days. According to a DEP press release from yesterday, that’s all behind us now. DEP Acting Secretary Jessica Shirley and Gov. Josh Shapiro said the agency has eliminated the backlog for oil and gas permits. Credit where credit is due.
Greg Wrightstone is a geologist and the executive director of the
Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see