This week’s Highwood Bulletin features the FERC approval of certified gas pooling, Cheniere and Equinor LNG deal, Satellite methane measurements from Russian coal, Chevron achieves differentiated gas certification, Repsol LNG export from Eastern Canada, a report on whether companies achieve emission reduction targets, several exciting conferences and employment opportunities!
FERC Rules in Favour of TGP Certified Gas Pooling
The Federal Energy Regulatory Commission (FERC) has approved a proposal by Tennessee Gas Pipeline (TGP – a subsidiary of Kinder Morgan) for its producer certified gas pooling service. The service is expected to connect buyers and sellers of certified gas and accelerate traction in differentiated gas markets. Read more here.
Cheniere and Equinor Deal Bolsters LNG
A 15-year deal between Cheniere and Equinor will deliver over 26 million tonnes of liquified natural gas (LNG) from the United States to Europe. The deal will help Europe pivot from Russian gas to American gas and will help the U.S. as it tracks towards becoming the largest LNG exporter in the world. Read more here.
Repsol LNG Export Facility is Canada’s Fastest Option
The European Union is attempting to pivot from Russian gas but has few other options. With zero active LNG facilities, Canada is not positioned to service the European market. The Canadian Government says the only real ‘near term’ option – which would still take years to come online – would be the one currently proposed by Repsol on Canada’s east coast. However, pipeline capacity is limited, and Canada’s government says there is only enough gas for one LNG facility. Read more here.
Satellite Identifies Russian Coal Mine Methane
The Canadian company GHGSat has reported the largest methane plume it has ever measured – and it is from a Russian coal mine. With an emission rate of 90,000 kg/h, this single plume could power hundreds of thousands of homes. Read about it here.
Chevron Certifies Gas from 85 Wells
A growing number of natural gas companies are certifying their gas – and Chevron has now joined them. The multinational completed a pilot with Project Canary that resulted in certification of two sites in the Permian and three in Colorado’s DJ basin. Read more here.
Report: Companies Fall Short of Emissions Reduction Targets
A new report by Bain & Company suggests that more than 31% of companies with 2020 carbon emissions targets failed to meet them – often missing by more than 80%. While making commitments is easy, companies are beginning to learn how difficult (and expensive) it can be to achieve them. Read more here.
Conference: Methane Strategies Forum
Join us in Houston on June 20-22 for the 2nd annual Methane Strategies Forum. Highwood’s CEO Jessica Shumlich and President Thomas Fox will be presenting and are looking forward to the chance to catch up with old and new friends in the methane reduction space. If you’re in Houston and want to meet, please reach out! Learn more and register here.
Conference: CH4 Connections
GTI Energy has announced that their CH4 Connections conference will take place on October 20-21, 2022, in Fort Collins, Colorado. This is one of our favourite events and Highwood will definitely be attending! Join us to discuss, learn, and share on everything methane as we connect with friends old and new and continue towards our goal of reducing O&G methane emissions. Learn more here.
Conference: PTAC Net Zero
Speaking of great emissions reduction conferences, join us a few days later in Calgary for PTAC’s Net Zero conference from October 25-27, 2022. Visit the event page and register here.
Join our Team! Highwood is Hiring!
Highwood is always looking for bright folks who want to help us change the world for the better. If you have experience in greenhouse gas emissions management and you’re looking for a career change, please reach out! Check out our active opportunities on our website by clicking here.
