MARCELLUS/UTICA REGION: Natural gas remains today’s energy solution; NATIONAL: Freeport activity, cold snap give boost to natural gas futures; INTERNATIONAL: Oil supplies a bigger issue than demand for 2024; Oil and gas industry earned $4 trillion last year, says IEA chief; European LNG at 18-month low on Freeport reopening.
Read More “Other Stories of Interest: Wed, Feb 15, 2023”
MARCELLUS/UTICA REGION: PA Environmental Hearing Board Chief Judge retires; NATIONAL: Williams appoints Carri Lockhart to Board of Directors; EIA forecasts refinery utilization to average 90+% in 2023 & 2024; Al Gore’s 30 years of climate errors – bridge fuel to nowhere; INTERNATIONAL: A $39 trillion investor alliance gives warning on carbon offsets; Russia drills most oil in a decade; Europe’s gas prices drop to the lowest level since Sept 2021.
Read More “Other Stories of Interest: Tue, Feb 14, 2023”
MARCELLUS/UTICA REGION: West Virginia House OKs $105M for battery plant after debate; NATIONAL: RBN’s five-year natural gas market outlook; INTERNATIONAL: OPEC urges countries to invest significantly more in oil; Baltic nations go LNG hunting; IEA calls special meeting as gas crisis ‘not over’.
Read More “Other Stories of Interest: Mon, Feb 13, 2023”
OTHER U.S. REGIONS: Rhode Island climate goals may require statewide ban on new gas hookups; NATIONAL: As natural gas prices tumble, new worries for U.S. shale patch; For carbon-capture projects, storage risks require decades of monitoring; INTERNATIONAL: Cuadrilla owner takes $157m hit from fracking moratorium; Why taxing cow burps isn’t the best climate solution; China powers up use of liquefied natural gas.
Read More “Other Stories of Interest: Fri, Feb 10, 2023”
NATIONAL: The clear and present danger in the electric transition; INTERNATIONAL: With years of high prices ahead, LNG buyers covet long-term deals; Will Asia start pulling large volumes of LNG away from Europe?
Read More “Other Stories of Interest: Thu, Feb 9, 2023”
MARCELLUS/UTICA REGION: Fetterman tries to straddle Democratic energy divide; OTHER U.S. REGIONS: LNG developer NextDecade blasts inaction by U.S. energy regulator; NATIONAL: Can an anti-fracking Republican compete with Trump?; Analysts tear up predictions for higher natural-gas prices; Retirees driving oil demand is an important new trend; INTERNATIONAL: Fitch solutions reveals latest oil price forecast; Why O&G players are on the brink of a super cycle.
Read More “Other Stories of Interest: Wed, Feb 8, 2023”
INTERNATIONAL: What would war-end mean for global oil and gas?; Saudi Arabia unexpectedly raises oil prices for next month.
Read More “Other Stories of Interest: Tue, Feb 7, 2023”
NATIONAL: Princess Cruises next-generation ship features exciting spaces; Stock buybacks race to record $132 billion start; U.S. oil & gas rig count falls by the most in a week since June 2020; INTERNATIONAL: OPEC+ exports show Russia surges while Saudi Arabia dials back; Shell CEO says world ‘desperately in need’ of natural gas; BP’s CEO plays down renewables push as returns lag.
Read More “Other Stories of Interest: Mon, Feb 6, 2023”
OTHER U.S. REGIONS: Why whale deaths are dividing environmentalists; NATIONAL: ‘Electrofuels’ could play a role in decarbonizing transportation; Severe winter weather proves no one is “deceived” about oil and natural gas; INTERNATIONAL: Energy services sector will grow to $1 trillion in 2025; LNG prices may have plunged, but a rebound is on the horizon.
Read More “Other Stories of Interest: Fri, Feb 3, 2023”
NATIONAL: Oil plunges as US stockpiles grow; US DOE provides funds for affordable clean hydrogen technologies; U.S. proved reserves of crude oil increased significantly in 2021; Democratic voters cheer on gas stove ban; Natural gas truck sales volatile, filling stations decrease; U.S. LNG exports fall 5% as shipments to Europe slip; INTERNATIONAL: LNG interest from Asia’s emerging gas markets rises as prices ease; German gas storage facility down until Friday, no indication of sabotage; Portfolio players take on critical roles in rapidly commoditizing global LNG market.
Read More “Other Stories of Interest: Thu, Feb 2, 2023”
NATIONAL: The billionaires behind the gas bans; Highest paying engineering jobs of 2023; North Hudson launches $275 million energy credit fund; INTERNATIONAL: Shell is selling ‘carbon neutral’ fossil fuels again.
Read More “Other Stories of Interest: Wed, Feb 1, 2023”
OTHER U.S. REGIONS: Chesapeake Utilities receives approval to expand natgas in Nassau County, FL; Gas utility’s Minnesota hydrogen pilot ‘good news’ so far, but questions remain; NATIONAL: There has not been a bullish USA data release for 16 weeks; Control of the lives of others is the root of all evil ideas; Republican govs call on Biden to delay implementation of WOTUS.
Read More “Other Stories of Interest: Tue, Jan 31, 2023”
MARCELLUS/UTICA REGION: Manufacturers ask legislators for help in building jobs in Pittsburgh region; NATIONAL: Former Ohio Rep. Tim Ryan joins Landrieu at pro-natural gas group; Yes, chefs, the government is coming for your gas stoves; Energy sector predictions for 2023; INTERNATIONAL: $1 trillion green investment matches fossil fuels for first time; Biden and Sunak — the energy policy odd couple.
Read More “Other Stories of Interest: Mon, Jan 30, 2023”
MARCELLUS/UTICA REGION: EPA to deny permission for continued operation of SWPA coal ash disposal; NATIONAL: U.S. crude oil production will increase to new records in 2023 and 2024; Democrats, eco groups take aim at other home appliances amid gas stove debate; Fossil fuel profits roar back; Do Chinese donations explain Biden’s energy policies?; INTERNATIONAL: Fundamentals strong enough for $90+ oil period.
Read More “Other Stories of Interest: Thu, Jan 26, 2023”
OTHER U.S. REGIONS: Texas oil & gas industry paid record $24.7bn in taxes and royalties; Daily natgas spot prices in western U.S. exceed $50.00/MMBtu in Dec.; NATIONAL: Joe Biden’s opposition to natural gas hits home; A smart House GOP oil and gas play; INTERNATIONAL: This will be the decade of energy storage, Woodmac believes.
Read More “Other Stories of Interest: Wed, Jan 25, 2023”
OTHER U.S. REGIONS: New program helps finance natural gas pipelines into Chicago suburb; NATIONAL: Wind turbines taller than the Statue of Liberty are falling over; Exports are now the driving force in U.S. crude, gasoline and distillate markets; INTERNATIONAL: Envoy says USA to boost pressure on China to stop importing Iran oil; How will Russia’s oil and gas industry fare in 2023?; Germany still years away from replacing Russian gas capacity; The single oil spill that can disrupt the global energy supply.
Read More “Other Stories of Interest: Tue, Jan 24, 2023”