NATIONAL: USA Compression boasts record revenues for Q4; API files petition challenging Biden’s oil & gas leasing program; House votes to overturn Biden’s natgas export approval freeze; INTERNATIONAL: OPEC+ oil-cut laggards pledge compliance with targets; OEUK warns of 40,000+ job losses.
Read More “Other Stories of Interest: Fri, Feb 16, 2024”
OTHER U.S. REGIONS: Newsom’s actions of ‘leaking’ emissions to poorer developing countries; INTERNATIONAL: Industry drives tripling of natgas consumption in India by 2050; World demand for liquefied natural gas jumps 50% by 2040; Mr. Bean was right – and so was Toyota; Iran gas pipelines explode in act of sabotage, officials say.
Read More “Other Stories of Interest: Thu, Feb 15, 2024”
MARCELLUS/UTICA REGION: Fired FirstEnergy execs indicted in $60 million Ohio bribery scheme; NATIONAL: Enbridge makes progress toward U.S. gas utilities takeover; America must show energy leadership on a global stage; Rubio questions Biden admin’s authority to pause LNG exports; US LNG export terminal permit pause could boost coal use; How low can you go? Natgas down to $1.67/MMBtu; INTERNATIONAL: OPEC report shows uneven delivery of new oil production cuts; US exports crude to Nigeria for the first time.
Read More “Other Stories of Interest: Wed, Feb 14, 2024”
OTHER U.S. REGIONS: Colorado Democrats push for ban on new oil and gas drilling in the state; Texas wildcatter hits gusher in $26 billion sale of oil company; NATIONAL: Constraining LNG exports prompts widespread concern; Liquefied natural gas projects are of public interest; Biden admin hit with legal challenge re offshore drilling permits.
Read More “Other Stories of Interest: Tue, Feb 13, 2024”
OTHER U.S. REGIONS: White House recruits UVA engineering professor; California introduces rule to end fracking in the state; Diamondback to buy Endeavor for $26B in oil megadeal; NATIONAL: Donald Trump is the oil and gas industry’s top choice for president; Standard Chartered, JP Morgan talk oil demand; Energy M&A boom is just getting started says Enbridge CEO; Mann alive, cities are cesspools of corruption, conformist thinking & compliance; INTERNATIONAL: Canadian MP wants to put you in prison for endorsing fossil fuels; Climate cultists at The Guardian – this time, it’s evil propane.
Read More “Other Stories of Interest: Mon, Feb 12, 2024”
MARCELLUS/UTICA REGION: Far-left groups oppose bill to block RGGI in PA; NATIONAL: Natgas futures crumble to fresh lows amid storage overhang; INTERNATIONAL: Nuclear reactor restarts in Japan reduce LNG imports for powergen; Green activists are a menace to society; Barclays to adopt fresh curbs on oil and gas financing.
Read More “Other Stories of Interest: Fri, Feb 9, 2024”
OTHER U.S. REGIONS: Tellurian explores sale of Haynesville upstream assets; Venture Global, Grain LNG ink storage, regasification deal; New bill helps Florida ports with greater access to natural gas; NATIONAL: Oil swings higher amid mixed data signals; We have the cleanest natural gas in the world; World’s largest carbon removal plant is about to open; How fractures nucleate, propagate and stop.
Read More “Other Stories of Interest: Thu, Feb 8, 2024”
MARCELLUS/UTICA REGION: EPA’s new methane rule blocks environmental progress in PA; OTHER U.S. REGIONS: Trade assoc. data shows Texas O&G employs almost 500,000 people; NATIONAL: We are having the wrong debate about Biden’s decision on LNG; INTERNATIONAL: Oil rises as traders weigh Red Sea risks against Fedspeak; Venezuela oil industry fears losing ground if USA revives sanctions; GlobalData says North America leads long term LNG deals; AMLO goes against fracking in constitutional reforms; Dryad says Red Sea threat has significantly escalated; Sweden closes investigation into Nord Stream pipeline blasts.
Read More “Other Stories of Interest: Wed, Feb 7, 2024”
MARCELLUS/UTICA REGION: Utica Shale Academy purchases building for $500K; NATIONAL: Two cry babies quit U.S. Export-Import Bank over fossil fuel plans; Buffett-backed Occidental CEO says oil shortage by 2025; An NGI primer for understanding the LNG export pause; Exploring the drivers of burgeoning upstream consolidation; INTERNATIONAL: Could the Red Sea remain a no go route for years?; Germany paves way for major expansion of gas power plants.
Read More “Other Stories of Interest: Tue, Feb 6, 2024”
OTHER U.S. REGIONS: Biden’s big worries in one small state; Williams acquires gas storage near the heart of LNG export demand; NATIONAL: Exxon, Chevron surpass forecasts as shale drilling lifts output; What White House Isn’t Saying about LNG export pause; Joe Biden’s war on fossil fuels is hurting America; INTERNATIONAL: Oil market sees temporary fragmentation amid Red Sea dangers.
Read More “Other Stories of Interest: Mon, Feb 5, 2024”
MARCELLUS/UTICA REGION: Senators: Biden’s LNG pause hurting W.Va.; NATIONAL: Senate confirms nominee to lead EPA’s climate & clean air office; Documentary duo strike gold with DC climate trial ‘verbatim podcast’; INTERNATIONAL: Enbridge Gas open season for peak storage bids at Dawn Hub; Oil drops on conflicting reports of war ceasefire; WoodMac, Standard Chartered look at Biden LNG export pause.
Read More “Other Stories of Interest: Fri, Feb 2, 2024”
NATIONAL: Cheniere announces uplisting to the New York Stock Exchange; Three reasons why moratorium on LNG projects is Biden’s latest misstep; ExxonMobil just set the climate alarm lobby on fire again; INTERNATIONAL: Impact on commodities, including LNG, due to chaos in the Red Sea.
Read More “Other Stories of Interest: Thu, Feb 1, 2024”
NATIONAL: Tellurian counters speculations over company sale; Enbridge plans to lay off six percent of workers; WaPo editorial board slams Biden’s move to halt natgas terminals; Kennedy vows to block Energy, State nominees over Biden LNG pause; INTERNATIONAL: Activist investor says BP is wrong to set oil output reduction target; Rishi Sunak’s net zero targets are ‘path to ruin’ says Tory MP.
Read More “Other Stories of Interest: Wed, Jan 31, 2024”
OTHER U.S. REGIONS: U.S. Oil drillers are going electric, if they can get the electricity; NATIONAL: Energy Department sets efficiency standards for gas stoves; INTERNATIONAL: Oil drops as ample supplies offset Middle East tensions; Japan worried US pause of LNG export approvals may delay new projects; Spending on natural gas to top $1 trillion over the next decade.
Read More “Other Stories of Interest: Tue, Jan 30, 2024”
OTHER U.S. REGIONS: New LNG export capacity upends TX/LA natgas fundamentals; NATIONAL: Baker Hughes expects drop in North America drilling spend; INTERNATIONAL: OPEC+ plans to keep oil production cuts unchanged; Germany’s economy crumbling after chasing green dream.
Read More “Other Stories of Interest: Mon, Jan 29, 2024”
OTHER U.S. REGIONS: Rob L. Jones elected board chair of Spire Inc.; NATIONAL: Three dozen climate models have ALL failed in predicting warming; Fossil fuels (not renewables) remain real engine for economic growth; Natural gas production fell unevenly during recent winter freeze; INTERNATIONAL: Energy info has never mattered more, it’s time to reform IEA.
Read More “Other Stories of Interest: Fri, Jan 26, 2024”