OTHER U.S. REGIONS: Cureton Midstream announces sale to Williams; Bayswater deploys innovative nitrogen technology in DJ Basin; NATIONAL: Chevron in talks on 15-year LNG supply contracts into Europe; US October LNG exports climb to second highest level on record; INTERNATIONAL: These are the 10 most mentioned oil and gas companies on X.
Read More “Other Stories of Interest: Fri, Nov 3, 2023”
OTHER U.S. REGIONS: XTO agrees to pay $16M to resolve natgas royalty underpayments; NATIONAL: Students file complaints against six universities over fossil fuel investments; US oil output hits record as producers boost drilling efficiency; Turquoise hydrogen producers could capture flourishing graphite market; Hydrogen hubs: without huge subsidies the math doesn’t work; INTERNATIONAL: Shell announces commencement of a share buyback programme.
Read More “Other Stories of Interest: Thu, Nov 2, 2023”
MARCELLUS/UTICA REGION: NY needs unprecedented increase in wind, solar to hit 2030 target; INTERNATIONAL: Russia uses new arctic LNG to dodge energy sanctions; Spain, Belgium increased Russian natgas imports up to 50%.
Read More “Other Stories of Interest: Wed, Nov 1, 2023”
OTHER U.S. REGIONS: Dominion’s EV charging program in Va. has zero sign-ups; BP explores forming joint ventures to boost US shale; NATIONAL: Crestwood unitholders approve Energy Transfer transaction; Cummins predicts huge growth in natural gas engines; How Kelcy Warren’s pipeline dream powered a nation; Fierce opposition, lack of regs squeeze CO2 pipe projects; INTERNATIONAL: World Bank warns oil could jump above $100; Construction begins on world-first natural gas research facility; Construction of controversial Canadian pipeline complete.
Read More “Other Stories of Interest: Tue, Oct 31, 2023”
OTHER U.S. REGIONS: Georgia Power asks for state OK to tap more fossil fuels; NATIONAL: Michael Bloomberg’s $1 billion assault on the electric grid; Biden energy policies reducing America’s global influence.
Read More “Other Stories of Interest: Mon, Oct 30, 2023”
MARCELLUS/UTICA REGION: Gov. Hochul announces largest-ever state investment in renewables; First NY ‘orphaned’ gas well plugged with federal funding; NATIONAL: Natural gas back at mid-$3 on modest storage build; How drones are enhancing the gas industry’s safety; INTERNATIONAL: Oil refiners struggle for financing as banks shun fossil fuels.
Read More “Other Stories of Interest: Fri, Oct 27, 2023”
OTHER U.S. REGIONS: Build-out of Permian gas processing capacity isn’t over; ConocoPhillips weighs CrownRock bid to challenge rivals; NATIONAL: Lenders will take keys to Charif Souki’s bankrupt Aspen ranch; Growing bipartisan support for natural gas in D.C.; INTERNATIONAL: Montreal to ban use of propane, natural gas, heating oil in new buildings.
Read More “Other Stories of Interest: Thu, Oct 26, 2023”
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”