OTHER U.S. REGIONS: What has California’s war on fossil fuels actually accomplished?; NATIONAL: Consolidation trend expands to the gas compression services sector; US Supreme Court declines to hear Exxon, Koch Industries appeal; Natural gas futures stage turnaround to settle higher; INTERNATIONAL: OPEC+ reaffirms commitment to unity; 2024 won’t be any easier for energy investors.
Read More “Other Stories of Interest: Tue, Jan 9, 2024”
MARCELLUS/UTICA REGION: Marathon Petroleum gifts $20,000 to Utica Shale Academy; OTHER U.S. REGIONS: USA Energy dept in conditional commitment to support methane monitoring; ExxonMobil posts $2.5B impairment for California assets; NATIONAL: ‘We’re the good guys’ in energy transition, says US exporter of LNG; The US shale magnate trying to sell oil and gas jobs to Generation Z; Natural gas producers’ game plan for LNG – wait out 2024; Pay no mind to the diesel behind your EV charging station; Biden admin fabricated paper trail in pursuit of major chemical plant shutdown.
Read More “Other Stories of Interest: Mon, Jan 8, 2024”
OTHER U.S. REGIONS: Trinity constructing first greenfield gas storage project in many years; NATIONAL: U.S. natgas producers seek to balance production cuts, demand rebound; High court ruling in ‘Chevron deference’ challenge could upend energy regs; Wall Street is already cutting oil-price forecasts for this year; INTERNATIONAL: Events in Red Sea have escalated.
Read More “Other Stories of Interest: Fri, Jan 5, 2024”
MARCELLUS/UTICA REGION: NY House delegation urges Hochul to protect gas wells; OTHER U.S. REGIONS: Chevron recognizes up to $4B in impairments, losses; APA Corp to acquire Callon Petroleum in $4.5 bln deal; NATIONAL: 9 consequential energy predictions for 2024; INTERNATIONAL: China regains top LNG buyer position.
Read More “Other Stories of Interest: Thu, Jan 4, 2024”
OTHER U.S. REGIONS: A natural gas project is Biden’s next big climate test; Cheniere cuts LNG train from Sabine Pass expansion; Entry-level jobs pay six figures in ND Bakken; Berkeley’s ban on gas-powered appliances blocked by court 2nd time; Denver building owners face fines for continued use of natural gas; NATIONAL: Plan to brainwash next generation of Americans; Major ‘climate deception’ lawsuit against Big Oil dismissed; We can’t let fossil fuels die because they keep us alive; The US domestic oil industry closes a remarkably strong 2023; Left-wing climate group prepares judges for global warming cases; Brent crude oil prices averaged $19 per barrel less in 2023 than 2022; INTERNATIONAL: Shell cuts more jobs amid cost-cutting drive; Russia heads into 2024 making a mockery of Western oil sanctions; The top 5 oil producers of 2023.
Read More “Other Stories of Interest: Wed, Jan 3, 2024”
OTHER U.S. REGIONS: La. granted power by Biden to approve wells storing CO2; LNG developer Tellurian hires financial adviser; Chatterjee Fund Mgmt boosts stake in LNG developer Tellurian; NATIONAL: The one simple reason electric vehicles are doomed to fail; U.S. shale growth could exceed forecasts in 2024; Is U.S. shale too big to fail?; A shale oil CEO’s second act – going green; Climate “protesters” vow to take fight to “cowards” of US politics; INTERNATIONAL: OPEC+ can’t cut oil production enough to push crude prices higher; Runaway greenhouse effect fully simulated, and it’s “hell”; US tries to reassure shippers of Red Sea safety.
Read More “Other Stories of Interest: Tue, Jan 2, 2024”
OTHER U.S. REGIONS: Alaska Democratic Party considers a call to end all oil production; NATIONAL: USGS updates database for O&G wastewaters with 23 new datasets; GOP report highlights 2023 energy; The needs of the grid are changing, infrastructure must change too; Republicans hold hearing ‘to prevent energy poverty’ in America; INTERNATIONAL: Startup of Russian LNG project delayed over US sanctions.
Read More “Other Stories of Interest: Fri, Dec 22, 2023”
OTHER U.S. REGIONS: Court rules Oregon’s landmark climate change regs invalid; NATIONAL: Rockefellers still heavily invested in oil companies; How gas pipeline rates are really set and why you should care; INTERNATIONAL: ING plans to phase out of oil and gas financing after COP28; Oil edges up as rising US stockpiles dim Red Sea chaos.
Read More “Other Stories of Interest: Thu, Dec 21, 2023”
OTHER U.S. REGIONS: Chesapeake Utilities Corp. expands propane services in NC; Consumers Energy continues billion-dollar natural gas investment; NATIONAL: Bridger Photonics partners with CSU on methane emissions measurement; It’s increasingly difficult to get U.S. LNG to Asia; The era of flat power demand is over.
Read More “Other Stories of Interest: Wed, Dec 20, 2023”
OTHER U.S. REGIONS: Chicago’s natural gas pipeline project halted; INTERNATIONAL: Elon Musk says don’t ‘demonise’ O&G, hits out at environmentalists; LNG vessels avoid Red Sea as tension rises; We must have more natural gas pipelines to avoid freezing.
Read More “Other Stories of Interest: Tue, Dec 19, 2023”
MARCELLUS/UTICA REGION: Look at the evidence; OTHER U.S. REGIONS: Chevron slashes Calif. spending on ‘adversarial’ fossil fuel policies; NATIONAL: Biden govt sets only three fossil fuel leases for 2024–29; America was in a better position when Trump was president; Democrats revolt against Biden plan for expanded gas exports; INTERNATIONAL: US frackers return to haunt OPEC’s pricing strategy; SNB told to end fracking investment in petition signed by 60,000.
Read More “Other Stories of Interest: Mon, Dec 18, 2023”
New shale permits issued for Dec 4 – 10 in the Marcellus/Utica were up by 2 over the previous week. There were 27 new permits issued last week versus 25 issued two weeks ago. However, there was a major surprise! Last week’s permit tally included 8 new permits in Pennsylvania, 9 new permits in Ohio, and 10 new permits in West Virginia. The pattern is typically the opposite, with PA receiving the most permits and WV the least. The company receiving the most permits last week was EQT Corporation, with all 10 of WV’s permits all on the same well pad in Marion County.
Read More “27 New Shale Well Permits Issued for PA-OH-WV Dec 4 – 10”
NATIONAL: Americans must choose between civilization or its destroyers; Kelcy Warren says “impossible” to “transition” out of energy; INTERNATIONAL: Now scientists say BREATHING is bad for the environment; African Energy Chamber to COP28: We want fossil fuels!
Read More “Other Stories of Interest: Fri, Dec 15, 2023”
MARCELLUS/UTICA REGION: Gov. Shapiro wants unilateral power to commit state to RGGI; OTHER U.S. REGIONS: ExxonMobil pushes back timeline for startup of Golden Pass LNG; Japan energy companies seek US approvals for CP2 LNG; Leftists petition Bidenistas to block Calcasieu Pass 2 LNG; NATIONAL: Turning the problem into the solution in natural gas power plants; US helps forge global group to measure natgas emissions.
Read More “Other Stories of Interest: Thu, Dec 14, 2023”
OTHER U.S. REGIONS: M&A deals in Permian basin exceeds $100 billion in 2023; NATIONAL: Natgas prices plummet amid high US production, warm weather; Deskless oil workers say they’re viewed as expendable; Extreme cold still poses reliability challenge for power generators; Supreme Court dismisses challenge to EPA ruling on GHGs; INTERNATIONAL: COP28 deal signals role for gas in clean energy transition; What does China and India know about coal that Biden and Dems don’t?
Read More “Other Stories of Interest: Wed, Dec 13, 2023”
OTHER U.S. REGIONS: Shale-drilling rights jump to pre-COVID price; NATIONAL: Shell selling partial ownership in two U.S. renewable energy projects.
Read More “Other Stories of Interest: Tue, Dec 12, 2023”