NATIONAL: Oil rises after US reveals plans to refill SPR; Study debunks relationship between gas stoves and childhood asthma; INTERNATIONAL: What is OPEC+ and how is it different from OPEC?
Read More “Other Stories of Interest: Wed, May 10, 2023”
NATIONAL: Partners in clean ammonia projects eye billions in federal tax incentives; Wind and solar are not nearly enough – Biden suddenly supports fossil fuels; Just how important is the U.S. shale industry?; Dozens of Dem lawmakers pressure White House to crack down on natural gas; Supreme Court rules day rate workers entitled to overtime pay; INTERNATIONAL: OPEC+ has lots of dry powder for further cuts; Europe ended winter with most natgas in storage on record.
Read More “Other Stories of Interest: Tue, May 9, 2023”
NATIONAL: Big Oil has $150 billion in cash – investors want a share; US weekly oil & gas rig count falls by the most since February; INTERNATIONAL: Russia seeks to become top LNG supplier by tripling exports; European natural gas prices fall to 21-month low.
Read More “Other Stories of Interest: Mon, May 8, 2023”
MARCELLUS/UTICA REGION: WV Senate seat shifted to ‘safe Republican,’ Manchin endangered; NATIONAL: New EPA rule shows Joe Biden’s EV push is just a pipe dream; Despite ‘woke’ investing, traditional energy performs; Biden nominee pushing EVs faces opposition from energy industry; INTERNATIONAL: Big oil amounts heading toward China says shipping data.
Read More “Other Stories of Interest: Fri, May 5, 2023”
OTHER U.S. REGIONS: Haynesville natural gas production reached a record high in March 2023; Tellurian to stop Haynesville drilling until US gas prices recover; NATIONAL: Oil falls below $69 as recession fears grow; Forcing consumers to purchase electric vehicles a new low for Biden; Pipeline incidents affecting environment down 16% in 2018-22.
Read More “Other Stories of Interest: Thu, May 4, 2023”
OTHER U.S. REGIONS: Cheniere lands first offtake contract for Sabine Pass expansion; NATIONAL: Why shale frackers should be in a strong position in 2023; Upstream M&A slides to $9B in 1Q23; INTERNATIONAL: Aramco in talks with Sinopec, Total on $10B Saudi Gas deal.
Read More “Other Stories of Interest: Wed, May 3, 2023”
NATIONAL: North America rig loss streak rumbles on; Are oil and gas professionals worried about AI?
Read More “Other Stories of Interest: Tue, May 2, 2023”
MARCELLUS/UTICA REGION: Impact of obstacles to gas production frustrating; NATIONAL: Former Williams CEO Joseph H. Williams dies at 89; Orbiting methane ‘speed cameras’ are catching polluters in the act; Green inflation and the end of capitalism; INTERNATIONAL: Japan’s JERA sees more LNG going to Asia as domestic demand shrinks.
Read More “Other Stories of Interest: Mon, May 1, 2023”
MARCELLUS/UTICA REGION: Pennsylvania’s energy future, hidden behind a locked door; OTHER U.S. REGIONS: Venture Global 20-year LNG sales & purchase agreement for CP2; US natural gas gets a boost with FERC ruling on Rio Grande LNG; NATIONAL: OFS giants post sparking set of results; Natural-gas producers aren’t letting up; Federal incentives, rising demand spur a slew of clean ammonia projects.
Read More “Other Stories of Interest: Fri, Apr 28, 2023”
MARCELLUS/UTICA REGION: Equitrans shareholders approve board, executive compensation; OTHER U.S. REGIONS: Pioneer’s founder and CEO Sheffield to retire; NATIONAL: U.S. coal shipments increased in 2022 due to power plants; The bullish case for natural gas prices; INTERNATIONAL: Oil tumbles rescinding OPEC gains; IEA warns OPEC should be very careful about boosting oil price; Four scenarios that could send oil prices to $200.
Read More “Other Stories of Interest: Thu, Apr 27, 2023”
NATIONAL: SLB boosts net income 83 percent YoY; Halliburton moving some U.S. natural gas fleets to oil basins; Odds of gasoline hitting $4 per gallon decreasing; The import-export mismatch and what it means for ‘Big 3’ production; Small towns chase America’s $3 trillion climate gold rush; INTERNATIONAL: What is likely to happen at the next OPEC+ meeting?; EU opens gas buyers’ club to blunt price volatility.
Read More “Other Stories of Interest: Wed, Apr 26, 2023”
OTHER U.S. REGIONS: Oil and gas job growth continued in March, production could expand; INTERNATIONAL: U.S. energy companies could help Ukraine win energy freedom; Concerns grow re European gas storage levels and US LNG cargoes.
Read More “Other Stories of Interest: Tue, Apr 25, 2023”
OTHER U.S. REGIONS: M2X Energy makes methanol out of flared gas; NATIONAL: Biden signs order prioritizing ‘environmental justice’; For LNG developers and sponsors, it’s a tricky path to FID; INTERNATIONAL: Putin and Saudi crown prince discuss OPEC+ cooperation; Russia to boost China pipeline gas supplies by almost 50%.
Read More “Other Stories of Interest: Mon, Apr 24, 2023”
MARCELLUS/UTICA REGION: Climate change panel’s secrecy arrogant and unacceptable; OTHER U.S. REGIONS: FERC greenlights 2 Brownsville-area LNG projects; NATIONAL: Liberty Energy says 15 new frac fleets to hit U.S. market this year; INTERNATIONAL: Energy security trumps sustainability; Key oil demand landmark expected this August.
Read More “Other Stories of Interest: Fri, Apr 21, 2023”
MARCELLUS/UTICA REGION: New York goes full central planning for the electricity sector; NATIONAL: Huge incentives, rising demand drive boom in clean ammonia projects; Kinder Morgan beats profit estimates on higher natgas, jet fuel volumes; Baker Hughes sees ‘multi-decade growth opportunity’ for natural gas; Clarity from Supreme Court needed on climate change litigation mess; Republicans, Democrats report progress on permitting reform legislation.
Read More “Other Stories of Interest: Thu, Apr 20, 2023”
MARCELLUS/UTICA REGION: Natural gas is the sharpest tool for improving air quality; OTHER U.S. REGIONS: Emails reveal CCI “really impressed” by NJ climate lawsuit; NATIONAL: Shale giant investing in geothermal energy; BLM seeks public comment for proposed oil lease sale; Rystad sees US shale job boom and higher wages coming; Walmart moves forward with natural gas trucking pilot; Finances now stronger than ever, E&Ps assess what’s ahead; INTERNATIONAL: Five countries are laundering Russian oil and selling it to the West.
Read More “Other Stories of Interest: Wed, Apr 19, 2023”