MARCELLUS/UTICA REGION: Zeldin ramps up attacks on Hochul after Dem digs rival on fracking; NATIONAL: 21 LNG carriers departing U.S. this week; Recapping a wild week in the energy policy landscape; INTERNATIONAL: Russia burns off gas as Europe’s energy bills rocket.
Read More “Other Stories of Interest: Fri, Aug 26, 2022”
NATIONAL: Carbon capture and storage: will it work this time?; INTERNATIONAL: EU gas market passes 2 important milestones; Global LNG investments to peak at $42 billion in 2024; Onshore drilling rig use to increase over the next five years; Norway has overtaken Russia as Europe’s biggest supplier of natural gas; Russia’s gas threat is a bluff.
Read More “Other Stories of Interest: Thu, Aug 25, 2022”
MARCELLUS/UTICA REGION: John Fetterman proposes prosecuting oil executives for high gas prices; OTHER U.S. REGIONS: Ex-Chesapeake CEO becomes Continental president; Texas O&G upstream jobs topped 200,000 in July, first time since March 2020; INTERNATIONAL: Russia LNG plant scraps cargo to Asia buyer.
Read More “Other Stories of Interest: Wed, Aug 24, 2022”
NATIONAL: Here’s why Buffett loves Oxy; Manchin’s permitting side deal highlights the energy transition’s central conundrum; INTERNATIONAL: German power prices smash record as energy panic engulfs Europe; Asia gas prices jump after Russia pipe work sends Europe benchmark price to record; Saudi prince says oil disconnect may force OPEC+ action; Charter rates for natural gas supertankers have surged 124%.
Read More “Other Stories of Interest: Tue, Aug 23, 2022”
MARCELLUS/UTICA REGION: Kromer is named to OOGA post; NATIONAL: Berkshire Hathaway seeks to buy as much as 50 percent of Oxy; I like ESG—but not for the reason you think; As U.S. races toward 30 Bcf/d of LNG exports, what could it mean for upstream markets?; INTERNATIONAL: Nord Stream 1 pipeline from Russia to Europe to shut for three days; Europe’s gas price is now equivalent to $410 per barrel of oil.
Read More “Other Stories of Interest: Mon, Aug 22, 2022”
OTHER U.S. REGIONS: U.S. natgas exports to Mexico increasing at West Texas border; Oil’s new Bible-thumping, Biden-bashing billionaire; Town vote sought on natural gas easement; NATIONAL: Biden freeze on oil and gas leases reinstated; Natgas futures ‘puke’ as low-ball storage already priced into market; The energy report – good news or bad news?; Winter is coming: $13 natural gas prices?; Why natural-gas prices are holding near 14-year highs; Carbon capture gets a big boost in Biden’s climate bill; INTERNATIONAL: Flotilla of diesel ships heads to Europe; The new world energy order: a battle of attrition.
Read More “Other Stories of Interest: Fri, Aug 19, 2022”
NATIONAL: Oil rallies as strong US demand eases recession fears; EIA expects production of global liquid fuels to outpace consumption in 2022; U.S. LNG upside seen limited by pipeline capacity constraints; Amid lackluster production, $13 natural gas said possible; Oil giants must face climate-liability suits in states, appeals court rules; Europeans risk death by cold for green folly, and we could be next; Private-equity firms with oil-and-gas focus defend sector; INTERNATIONAL: NFE, Apollo complete $2B LNG maritime joint venture.
Read More “Other Stories of Interest: Thu, Aug 18, 2022”
NATIONAL: Liberty Energy’s Wright says ‘energy transition is not happening’; New study finds that the future of copper is coming at us fast; INTERNATIONAL: Pariahs and pals: emerging Russo-Iranian energy cooperation.
Read More “Other Stories of Interest: Wed, Aug 17, 2022”
NATIONAL: We’ve made it nearly impossible to build in America; This is $93 billion in direct attacks on fossil fuels and energy independence; INTERNATIONAL: Extinction Rebellion spawns another splinter group planning to block streets.
Read More “Other Stories of Interest: Tue, Aug 16, 2022”
NATIONAL: US GOM methane emissions much higher than those in Permian; Inflation Reduction Act could result in more energy service inflation; JPMorgan CEO Jamie Dimon says he loves oil & gas; US pledges significantly more liquefied natural gas to EU.
Read More “Other Stories of Interest: Mon, Aug 15, 2022”
NATIONAL: Oil rises as IEA growth forecast eases demand fears; US LNG exports lower than last week; Natural gas futures surge near $9 – cash mounts big gains too; To understand the hydrocarbon value chain, start with the basics; Goldman sees USA gasoline prices climbing back to $5; INTERNATIONAL: OPEC sees global oil market tipping into surplus; Big Oil to go deep into trillion-dollar offshore wind industry.
Read More “Other Stories of Interest: Fri, Aug 12, 2022”
NATIONAL: Breweries scramble for CO2 amid shortage: ‘A scary situation’; Carbon capture didn’t make sense 12 years ago and it doesn’t make sense now; INTERNATIONAL: Can Europe live without Russian gas?; Irish fracking blarney shows why the West is dying; Europe’s dash for new LNG import infrastructure picks up pace.
Read More “Other Stories of Interest: Thu, Aug 11, 2022”
OTHER U.S. REGIONS: Free technical training certification for oil, natural gas careers; The expansion of Permian gas infrastructure is far from over; NATIONAL: USA oilfield services sector employment rises in July; INTERNATIONAL: Oil edges lower as Russian flows get ready to resume; Germany debates lifting fracking ban as it confronts energy supply crisis; Centrica signs $8.45 billion deal to import U.S. LNG to U.K.; Pakistan seeks 72 LNG cargoes for six years as energy woes bite.
Read More “Other Stories of Interest: Wed, Aug 10, 2022”
NATIONAL: What Democrats get wrong about climate change; Shale companies prepare for their best quarter ever; The impacts of banning U.S. exports of crude oil and refined products; U.S. oil rig count falls by the most since September; INTERNATIONAL: Baker Hughes adds to e-LNG offering by acquiring unit of BRUSH.
Read More “Other Stories of Interest: Tue, Aug 9, 2022”
MARCELLUS/UTICA REGION: DEP invites stakeholders to participate in well plugging workgroups; NATIONAL: Statement on the public health impacts of blue hydrogen production; How Republicans are ‘weaponizing’ public office against climate action; U.S. propane spot prices have declined from multiyear highs.
Read More “Other Stories of Interest: Mon, Aug 8, 2022”
MARCELLUS/UTICA REGION: Pennsylvania and LNG to Germany; NATIONAL: Oil falls to pre war level as demand eases; US weekly LNG exports up by four LNG tankers; Is Manchin about to get rolled by the Democrats?; Methane fee likely to survive ‘Byrd bath,’ lawmakers say.
Read More “Other Stories of Interest: Fri, Aug 5, 2022”