Shale Energy Stories of Interest: Tue, Nov 26, 2019

MARCELLUS/UTICA REGION: Bulk of Cricket Valley protesters plead not guilty; OTHER U.S. REGIONS: Commonwealth LNG, Gunvor ink LNG marketing and supply deal; Federal government will give HART $4.3 million to buy new natural gas buses; NATIONAL: Supreme Court: Penn State climate change scientist’s lawsuit against National Review can continue; Luxury beliefs of the leisure class are at the heart of fractivism; Long-term LNG export contracts lift baseload-level demand for U.S. gas; INTERNATIONAL: ONGC ends Indian shale exploration, winds up grand project mid-way; How Russia-China gas pipeline changes energy calculus.
Continue reading

Shale Energy Stories of Interest: Mon, Nov 25, 2019

MARCELLUS/UTICA REGION: Community assists Trehab with annual food drive; Cuomo’s posturing on Long Island natural gas crisis is a real jobs killer; OTHER U.S. REGIONS: FERC green-lights Annova LNG project; NATIONAL: Futures markets signal lower natural gas prices in most U.S. regions in early 2020; U.S. Silica to lay off about 10% of total workforce; Chevron CEO plans major cost-cutting overhaul of production teams; E&P profits, cash flow slip again, but cost controls keep industry in the black; NYC faces tough 2nd Circ. in sweeping big oil climate case; INTERNATIONAL: Natural gas emerging as the world’s go-to fuel; Forget OPEC: China now moves the oil markets.
Continue reading

Shale Energy Stories of Interest: Fri, Nov 22, 2019

OTHER U.S. REGIONS: FERC approves three LNG export projects, additional liquefaction train in South Texas; Restaurant group sues over Berkeley’s natural gas ban; NATIONAL: Fracking Ban?! (video); US oil, gas rig count up 1 ahead of holiday season start; Harold Hamm: Private equity’s rush to get into shale development helped push oversupply issues; Gas prices languish as storage falls to near-record lows; Fossil fuels create jobs so why do Democrats hate them?; US agencies to push LNG by rail in 2020.
Continue reading

Shale Energy Stories of Interest: Thu, Nov 21, 2019

MARCELLUS/UTICA REGION: New York natural gas utilities facing credit risks because of Cuomo; Single permit for Utica drilling awarded by ODNR; OTHER U.S. REGIONS: Governor Newsom adds new oil and natural gas extraction regulations in Cali; In a first for Massachusetts, Brookline votes to ban oil and gas pipes in new buildings; NATIONAL: ExxonMobil lambasts Massachusetts, New York Attorneys General for “unconstitutional conduct”; Oil & gas industry turns to AI for billions in savings; INTERNATIONAL: Russia’s Putin says shale oil technologies are ‘barbaric’.
Continue reading

Shale Energy Stories of Interest: Wed, Nov 20, 2019

MARCELLUS/UTICA REGION: Sen. Yudichak switches parties; Johns Hopkins researcher – Pa. should ban fracking; Pipeline inspectors seek final nod for $2.2M OT deal; OTHER U.S. REGIONS: Salaries growing faster in oil-rich Texas than New York; NATIONAL: Committee votes FERC, DOE, DOI nominations through to full Senate; Rising baseload demand for gas means more price spikes, volatility; Challenging commercial environment for new US liquefaction projects seen persisting.
Continue reading

Shale Energy Stories of Interest: Tue, Nov 19, 2019

MARCELLUS/UTICA REGION: Encino Acquisition Partners appoints Alexandra Pruner to Board of Directors; David Porges to step down from Equitrans Midstream board of directors; Falcon Pipeline drilling briefly shut down over instrumentation; OTHER U.S. REGIONS: New construction natural gas ban trend appears on East Coast; NATIONAL: U.S. rig count crashes again: loses nearly 100 rigs in 3 months; INTERNATIONAL: Spain top destination for U.S. LNG exports in September; Gazprom’s production up, European deliveries slip; Trinidad gas gap will claim more industries: regulator.
Continue reading

Shale Energy Stories of Interest: Mon, Nov 18, 2019

MARCELLUS/UTICA REGION: ODNR grants 6 permits for Utica drilling; FERC sets review schedule for extension to Transco’s Atlantic Sunrise; Cuomo’s carbon casualties; PA Governor’s office transfers $45 million to augment DEP, DCNR budgets; Shale academy obtains grant; Preston High School seniors take part in free oil and natural gas course; Cabot Oil & Gas completes divestiture of ownership in Meade Pipeline Co; Shell VP shrugs off mayor’s anti-petrochemical industry comments; OTHER U.S. REGIONS: Is Chesapeake about to sell its Haynesville assets to Comstock?; Vermont Gas launches climate-friendly rebranding effort; NATIONAL: Permian, Marcellus rigs fall as U.S. drilling declines continue apace; U.S. frack sand suppliers latest casualties in shale industry slump; Natural gas corrects – let the wild ride begin; INTERNATIONAL: PGNiG informs Gazprom of natural gas supply deal termination; EU to end all fossil fuel lending in two years.
Continue reading

Shale Energy Stories of Interest: Fri, Nov 15, 2019

MARCELLUS/UTICA REGION: Wolf breaks with Pittsburgh’s Peduto on nat gas, enraging environmentalists; Bankrupt Philly refinery gets interest from 15 potential bidders; aims for a January auction; Rep. Keller touts Williams partnership; Pennsylvania pipeline protests go too far; Amid opposition to fracking and plastics, moderate Dems walk a fine line on climate policies; NATIONAL: DOE authorizes long-term small-scale LNG exports; EIA improves its propane and other hydrocarbon gas liquids data; Mesa Natural Gas Solutions and Crusoe Energy Systems target 50 MW of flare-to-computing projects next two years; EIA 2020 Henry Hub spot price forecast slips again, to $2.48; INTERNATIONAL: U.S. LNG cargo set to arrive at U.K. South Hook terminal; Global natgas market still oversupplied in 2020; weak pricing seen threatening U.S. LNG.
Continue reading

Shale Energy Stories of Interest: Fri, Nov 8, 2019

MARCELLUS/UTICA REGION: Labor sides with Big Oil in a feud with Pittsburgh’s mayor; City says it wants a role in Philly refinery Ch. 11 sale; New York State writes down value of Tesla plant in Buffalo; OTHER U.S. REGIONS: Florida fracking ban bill is a classic government solution in search of a problem; Could an Alaska North Slope LNG project undercut Gulf Coast competitors?; NATIONAL: New natural gas pipelines are adding capacity from the South Central, Northeast regions; NAPE announces new ‘magazine for dealmakers’ to complement expos; U.S. natural gas prices rising toward winter; INTERNATIONAL: Yamal LNG cargo heading for Zeebrugge; Spain becomes Europe’s cheapest gas market on flood of low-cost LNG.
Continue reading

Shale Energy Stories of Interest: Thu, Nov 7, 2019

MARCELLUS/UTICA REGION: Natural gas forecast 2020: 6.2 trillion reasons to love Pennsylvania; ODNR issues 6 permits for Utica drilling; OTHER U.S. REGIONS: We Energies, Wisconsin Gas seek to spend $370 million on 2 plants to store natural gas; No natural gas? If that happens, California will dump Democrats; NATIONAL: Potential federal drilling bans ‘fraught with serious economic ramifications,’ says Devon CEO; Exxon slams NY AG’s ‘circular’ analysis in climate trial; Obama’s former EPA chief takes the helm of environmental group that’s sued Trump nearly 100 times; INTERNATIONAL: EIA projects energy consumption in air transportation to increase through 2050; Total-Adani deal signals robust investment appetite in gas ‘sweet spot’ India; OPEC sees flood of U.S. shale barrels hurting demand for its crude oil.
Continue reading

Shale Energy Stories of Interest: Wed, Nov 6, 2019

MARCELLUS/UTICA REGION: Last-ditch effort delays EdgeMarc Ch. 7 conversion bid; ECA Marcellus Trust I announces quarterly distribution; Shale-alluia! Labor unions set for decades of work; OTHER U.S. REGIONS: Mountain View City Council backs natural gas ban for all new homes; NATIONAL: House Democrats block GOP effort to prevent nationwide fracking ban; Taking “forever” to assess safety impacts of liquified natural gas by rail?; Natural gas and the electric power sector: the latest trends; INTERNATIONAL: US encourages African countries to import its LNG.
Continue reading

Shale Energy Stories of Interest: Tue, Nov 5, 2019

MARCELLUS/UTICA REGION: PADD 1 distillate shortage threatens winter price spikes; OTHER U.S. REGIONS: Phasing out natural gas yields dubious benefits, but much economic pain; NATIONAL: The Trump administration begins the formal U.S. withdrawal from the Paris climate agreement; Disney Cruise Line orders LNG-fueled trio; KBR immune from shale slump during third quarter; Natural gas soars on cold-weather forecasts; The peak oil denier takes a victory lap; The cost of decommissioning wind turbines is huge; INTERNATIONAL: Fracking could start again as firm behind drilling tries to get ban overturned; Energy companies say the oil glut–and shrinking profits–aren’t over yet; Saudi Aramco starts IPO; OPEC sees its market share shrinking for years as shale triumphs.
Continue reading

Shale Energy Stories of Interest: Mon, Nov 4, 2019

MARCELLUS/UTICA REGION: Southwestern Energy offers to plug abandoned well in Tioga County, PA; Allegheny County Executive Rich Fitzgerald denounces Peduto’s anti-cracker plant stance; WVU Extension offers oil & gas program to high school seniors; OTHER U.S. REGIONS: Cheniere slips to loss in third quarter; Wyoming natural gas company responds to California blackouts; NATIONAL: Rig count takes another dive; The great shale fracking slowdown has arrived; ‘America First’? Kill the Jones Act; INTERNATIONAL: Denmark green lights Russia’s Nord Stream 2 gas pipeline; Britain orders immediate moratorium on fracking due to earth tremor concerns.
Continue reading

Shale Energy Stories of Interest: Fri, Nov 1, 2019

MARCELLUS/UTICA REGION: Tristate area’s energy crisis being met with empty promises; The New York Attorney General’s terrible, horrible, no good, very bad week; CCBC talks career pathways, collaboration at readiness forum; Beaver County officials disheartened by Pittsburgh mayor’s dismissal of petrochemicals; OTHER U.S. REGIONS: The evolution of ‘man camps’ — from tents to basketball courts and swimming pools; NATIONAL: Asians better hope it’s a Trump win in 2020; NYMEX natural gas inches lower after higher than expected storage build report; New freight regulations would derail US energy independence; Bill Nye The Talking Point Guy (video).
Continue reading

Shale Energy Stories of Interest: Thu, Oct 31, 2019

MARCELLUS/UTICA REGION: Peduto calls for a stop to further petrochemical industry development in region; OTHER U.S. REGIONS: Lawsuit threat has caused 50% drop-off in La. oil drilling, study finds; NATIONAL: House Democrats block GOP effort to prevent nationwide fracking ban; Most utility-scale batteries in the United States are made of lithium-ion; Trevor Rees-Jones pioneered plays that changed America’s energy industry; Don’t bank on a boring propane market this winter.
Continue reading

Shale Energy Stories of Interest: Wed, Oct 30, 2019

MARCELLUS/UTICA REGION: Nation’s largest coal producer files Chapter 11 bankruptcy; 8 drilling permits awarded by ODNR; OTHER U.S. REGIONS: Floating shale gas LNG producer moving ahead with build out plans; San Jose moves to boost electric use in homes, mayor touts electric cars as PG&E power shutdown continues; NATIONAL: BP bearish on natural gas prices, LNG exports to 2021; INTERNATIONAL: One of the Sustainable Buses of the Year runs on natural gas; More bad news for Canada’s crumbling oil industry.
Continue reading