Best of the Rest

MARCELLUS/UTICA REGION: N.Y. climate goals in jeopardy as renewable projects falter; NATIONAL: Kingswood Capital Mgmt acquires Covenant Testing Tech; Chevron boss says oil has changed life on Earth for better; Analysts see gas storage surplus widening as mild autumn weather persists; INTERNATIONAL: Saudi Aramco inks $2.4B natgas plant deal with Hyundai; USA megadeals show fossil fuels here to stay.
Read More “Other Stories of Interest: Wed, Oct 25, 2023”

OTHER U.S. REGIONS: Wells Fargo ousted from Texas muni deal; NATIONAL: Investigation into Haaland grows re ties to left-wing eco group; Hess family stake valued at $5B with Chevron takeover; Why the Rockefellers are spending their oil fortune to end fossil fuels; INTERNATIONAL: EU on track to quit Russian fossil fuels.
Read More “Other Stories of Interest: Tue, Oct 24, 2023”

NATIONAL: Green energy bubble about to burst, taxpayers will suffer; Democrat ‘fix was in’ when Louisiana lost out on hydrogen hub; INTERNATIONAL: Europe gas settles at week-high on Mideast conflict fears.
Read More “Other Stories of Interest: Mon, Oct 23, 2023”

MARCELLUS/UTICA REGION: Chesapeake Utilities building $80M LNG storage in MD; NATIONAL: Shifting natgas and power market fundamentals driving storage values; Climate group spending $80M to tout Biden’s enviro record; INTERNATIONAL: The tyranny of ESG has run its course; Disciplined oil & gas companies successful in winning back investors.
Read More “Other Stories of Interest: Fri, Oct 20, 2023”

NATIONAL: The next phase of the U.S. shale revolution; Devon Energy mulls M&A options with Marathon, CrownRock; Hydrogen is our best bet to decarbonize heavy industry, says Energy Secretary.
Read More “Other Stories of Interest: Thu, Oct 19, 2023”

NATIONAL: Oil industry titans turn on Trump; INTERNATIONAL: Key trader says world lacks enough LNG for energy transition; Canada’s Supreme Court tosses ‘no more pipelines’ bill; Chevron Australia LNG unions agree deal on eve of strikes resuming.
Read More “Other Stories of Interest: Wed, Oct 18, 2023”

OTHER U.S. REGIONS: KC Fed report finds slight optimism in Midwest oil, natural gas markets; NATIONAL: Biden’s kamikaze climate plan for the US economy; Exxon becomes world’s first megamajor; INTERNATIONAL: Investment in climate tech startups down over 40% year on year; Chevron LNG workers in Australia reaffirm strike plans.
Read More “Other Stories of Interest: Tue, Oct 17, 2023”

MARCELLUS/UTICA REGION: Manchin trails Justice by 13 points in new WV Senate poll; Columbia Gas temporarily halts service for nearly 4,000 Pittsburgh-area residents; OTHER U.S. REGIONS: Tellurian requests 3 more years to finish Driftwood LNG; NATIONAL: More infighting at Sierra Club; New golden era for natgas storage looms as demand, rates rise; Doubts around shale response to high prices re-emerge; BlackRock clients pull $13 billion from long-term funds.
Read More “Other Stories of Interest: Mon, Oct 16, 2023”

OTHER U.S. REGIONS: Pioneer’s Sheffield caps career with $151MM Exxon payday; NATIONAL: Lawmakers probe Sher Edling re undisclosed advisers; EIA expects most U.S. households will spend less on energy this winter; Natural gas needs to climb mid-$3 wall to sustain rally; What ExxonMobil’s merger with Pioneer means for U.S. shale.
Read More “Other Stories of Interest: Fri, Oct 13, 2023”

OTHER U.S. REGIONS: Charleston’s climate suit is a stalking horse for the Green New Deal; NATIONAL: Pete Buttigieg chased from event by climate protesters; Biden admin issues regs impacting air conditioners, refrigerators; INTERNATIONAL: Qatar inks 27-year gas supply deal with France’s TotalEnergies.
Read More “Other Stories of Interest: Thu, Oct 12, 2023”

MARCELLUS/UTICA REGION: Natural gas prices will decrease in W.Va. for 2023-24; NATIONAL: Electric vehicles all queued up with nowhere to go; U.S. crude oil exports reached a record high in first half of 2023; Exxon to buy shale rival Pioneer for $59.5 billion in stock; INTERNATIONAL: Spot LNG prices languish ahead of seasonal demand uptick; OPEC will have a pavilion at COP climate summit for first time; Israel-Hamas conflict directly impacts oil and gas prices.
Read More “Other Stories of Interest: Wed, Oct 11, 2023”

MARCELLUS/UTICA REGION: Local couple first EQT leaseholders to contribute to WCCF fund; OTHER U.S. REGIONS: Calif. Gov. Newsom signs law requiring businesses to disclose emissions; NATIONAL: Investment titan BlackRock mutes ESG talk amid backlash; The oil patch is primed for an era of megadeals; Bidenomics at work: ‘green’ hydrogen is a very expensive waste of money; INTERNATIONAL: Chevron shuts down natural gas platform near Gaza Strip; Despite echoes of 1973, this is not your father’s oil crisis.
Read More “Other Stories of Interest: Tue, Oct 10, 2023”

OTHER U.S. REGIONS: Tellurian seeks more time to complete Driftwood LNG terminal; NATIONAL: Exxon Mobil closing in on megadeal with shale driller Pioneer; Oil drops below $83 on demand fears; Oil could hit $100/bbl as OPEC+ sticks with supply cuts; Peak hourly U.S. electricity demand in July 2nd highest since 2016; ESG has lost its meaning; Haaland’s daughter has ties to Cuban Communists; INTERNATIONAL: Rystad analysts say oil demand peaking, predict $60 a barrel by 2027; Chevron Australia LNG workers threaten to resume strikes.
Read More “Other Stories of Interest: Fri, Oct 6, 2023”

NATIONAL: A new study zaps Biden’s plan to transform the electrical grid; Oil plummets amid demand outlook concerns; What McCarthy’s fall means for energy, environment policy; INTERNATIONAL: Germany reactivates coal plants for winter power boost.
Read More “Other Stories of Interest: Thu, Oct 5, 2023”

NATIONAL: Giant gas-to-methanol machines could curb methane emissions; INTERNATIONAL: OPEC’s oil production grows for a second month despite Saudi cut; Southeast Asia is set to drive up demand for natural gas.
Read More “Other Stories of Interest: Wed, Oct 4, 2023”

NATIONAL: Biden’s ‘war against oil’ is pushing prices up, US shale execs say; The dangerous delusion of a global transition to “just electricity”; INTERNATIONAL: Big Oil CEOs defend themselves against climate criticism.
Read More “Other Stories of Interest: Tue, Oct 3, 2023”