Best of the Rest

NATIONAL: USA LNG deals surge; Why surging natural-gas prices haven’t sparked a drilling boom; INTERNATIONAL: OPEC fails to increase oil output.
Read More “Other Stories of Interest: Thu, May 5, 2022”

OTHER U.S. REGIONS: OTC is back in earnest, the surest sign of a renewed energy industry; NATIONAL: Shale producers face $42 billion in hedging losses; Chaotic markets re-emphasize the need for a balanced energy policy; U.S. gas production slows at the worst possible time; INTERNATIONAL: Shell expands solar portfolio with Sprng Energy buy; USA – EU energy security task force meets; Qatar reclaims crown from US as world’s top LNG exporter.
Read More “Other Stories of Interest: Wed, May 4, 2022”

MARCELLUS/UTICA REGION: Energy prices are going up, but so are the service providers’ costs to the shale industry; NATIONAL: The U.S. shale patch is facing a plethora of problems; Even woke cancel culture won’t help Democrats; INTERNATIONAL: As of 2021, China imports more liquefied natural gas than any other country; Oil is soaring. Will the majors stick with net zero?
Read More “Other Stories of Interest: Tue, May 3, 2022”

OTHER U.S. REGIONS: As natural gas prices hit 14-year high, shale awaits; NATIONAL: America’s energy answers are right at home; why look elsewhere?
Read More “Other Stories of Interest: Mon, May 2, 2022”

NATIONAL: US weekly LNG exports down by three LNGCs; Drilling rig prices are spiking in the U.S. shale patch; US natural gas storage climbs 40 Bcf to 1.49 Tcf as NYMEX future rally stalls; Golden LNG export opportunity comes with potential risks for shale; INTERNATIONAL: The oil and gas industry is booming despite net-zero ambitions.
Read More “Other Stories of Interest: Fri, Apr 29, 2022”

MARCELLUS/UTICA REGION: WV fossil fuel leaders acknowledge limits to support Europe via energy exports; OTHER U.S. REGIONS: Virginia Natural Gas incorporates aerial drones to inspect natural gas infrastructure; Connecticut utility regulators end state’s natural gas expansion plan launched in 2013; Energy Dept OKs expanded LNG exports from Texas, Louisiana; NATIONAL: Investors at 3 major banks defeat climate resolutions.
Read More “Other Stories of Interest: Thu, Apr 28, 2022”

OTHER U.S. REGIONS: Plans for New Fortress Energy Louisiana FLNG advance; NATIONAL: Peak oil might be just three years away, McKinsey says; INTERNATIONAL: Poland and Bulgaria say Russia is suspending their natural gas supplies; Plan to quickly wean Europe off Russian gas faces major hurdles.
Read More “Other Stories of Interest: Wed, Apr 27, 2022”

NATIONAL: Frac fleet shortage slows US shale growth; Most combined-cycle power plants employ two combustion turbines with one steam turbine; US natural gas storage climbs 53 Bcf to 1.45 Tcf, pausing NYMEX futures rally; Power burn leads lower 48 gas demand gains on limited fuel switching; Some fallacies attendant upon the Biden resumption of fossil leasing; If oil companies control prices, why do they ever lose money?
Read More “Other Stories of Interest: Tue, Apr 26, 2022”

MARCELLUS/UTICA REGION: Fossil fuels remain key to our future; New York using drones to search for abandoned, leaking gas wells; NATIONAL: White House says no increased drilling on federal lands; Do U.S. E&Ps need higher natural gas prices to offset demand and inflation?; Biden’s climate envoy sentences natural gas to death in a decade or less; Biden announces $6B to bail out nuclear plants at risk of closure; INTERNATIONAL: High LNG prices are here to stay; China’s interest in Shell’s Russian gas stake forcing Japan to stay.
Read More “Other Stories of Interest: Mon, Apr 25, 2022”

MARCELLUS/UTICA REGION: BKV announces path to net-zero emissions across Scope 1 and 2 by 2025; NATIONAL: EPA’s latest emissions data show U.S. continues to decrease methane emissions; US weekly LNG exports up by six vessels; Can high natural gas prices continue to defy the experts?; INTERNATIONAL: Long-term gas deals become pricey; China energy giants in talks for Shell’s Russian gas stake.
Read More “Other Stories of Interest: Fri, Apr 22, 2022”

OTHER U.S. REGIONS: Atlanta Gas Light to expand liquified natural gas facility; NATIONAL: Energy transition still means billions in fossil fuel investment; Shale inflation grows as Halliburton flags drilling-budget jumps; INTERNATIONAL: As Germany joins LNG import race, a long and crowded track awaits; Hydrogen is not the new LNG.
Read More “Other Stories of Interest: Thu, Apr 21, 2022”

MARCELLUS/UTICA REGION: Chesapeake-Chief deal one of Q1’s biggest shale deals; Ohio agrees – make more clean, affordable energy here at home; NATIONAL: Oil falls with concerns of economic slowdown; Joe Biden’s energy policies will prolong the current crisis, oil and gas executive says; INTERNATIONAL: JPMorgan sees risk of $185 oil.
Read More “Other Stories of Interest: Wed, Apr 20, 2022”

OTHER U.S. REGIONS: Permian gas production at risk by late 2023 as midstream capacity dwindles; Dark side of solar sales; NATIONAL: USA energy body lowers 2022 Brent oil price forecast.
Read More “Other Stories of Interest: Tue, Apr 19, 2022”

MARCELLUS/UTICA REGION: Natural gas line project starting in Mahoning County; NATIONAL: Biden increases oil royalty rate, scales back lease sales; Biden puts the lie to all of Democrats’ arguments about fossil fuels; US weekly LNG exports down by four; The United States ended the winter with the least natural gas in storage in three years; Russia’s aggression against Ukraine is being fed by America’s lack of energy independence; Natural gas price surge looks here to stay in increasingly bullish backdrop.
Read More “Other Stories of Interest: Mon, Apr 18, 2022”

OTHER U.S. REGIONS: These are the oil and gas workers most in demand in Texas right now; Haynesville natural gas production reached a record high in late 2021; Permian drilling permits hit monthly record, signaling more production ahead; NATIONAL: Fitch Solutions raises Henry Hub price forecast; Before Joe Biden cracked down on natural gas, Hunter Biden pushed it on China; U.S. upstream M&A going strong with $14bn in first quarter of 2022; INTERNATIONAL: Russian LNG exports still climbing despite calls to limit transactions; Lloyd’s of London switches to remote trading after climate protests; Extinction Rebellion occupies Shell headquarters in London.
Read More “Other Stories of Interest: Thu, Apr 14, 2022”

MARCELLUS/UTICA REGION: Peregrine adds mineral rights in Pennsylvania, West Virginia; NATIONAL: Time to tear down America’s own barriers to energy security; It’s time for transparency of the embedded costs of going “green”; INTERNATIONAL: Ineos lobbying for fracking with shale gas demo site development; China slashes LNG purchases; BofA Global Research maintains $100+ oil forecast.
Read More “Other Stories of Interest: Wed, Apr 13, 2022”