MARCELLUS/UTICA REGION: U.S. Senate candidate Arkoosh calls for end to fracking in Pennsylvania; NATIONAL: EIA report sends crude higher; U.S. energy services sector adds 17,000-plus jobs; Zero-emission natural gas power plants are coming to US; INTERNATIONAL: OPEC says to Biden, if you want more oil, pump it yourself.
Read More “Other Stories of Interest: Wed, Nov 10, 2021”
MARCELLUS/UTICA REGION: NEPA moves ahead while Philadelphia leaders let it languish; NATIONAL: USA has arsenal of tools to battle high oil prices; Why U.S. shale won’t go to war with OPEC+; Shale operators stay the course despite oil price rally; U.S. won’t share Europe’s natural gas woes this year; Carbon capture and sequestration’s growing role in the energy industry; Granholm takes gas price blame shifting to new heights in Sunday interview; As LNG prices surge, North American project development languishes; INTERNATIONAL: PetroChina expects tight global natural gas supply to ease in 2022; Russia is no longer Europe’s reliable gas supplier.
Read More “Other Stories of Interest: Tue, Nov 9, 2021”
NATIONAL: Oil has staying power for years to come; Biden admin considering shutting down another pipeline; More climate finance, less coal could send US natural gas exports skyrocketing; Midstream conundrum threatens gas production growth long term; INTERNATIONAL: Russian gas flows via Yamal-Europe pipeline to Germany halted again.
Read More “Other Stories of Interest: Mon, Nov 8, 2021”
OTHER U.S. REGIONS: Venture Global signs largest-ever supply deal to export LNG to China; Smaller oil firms pay top dollar for Permian land as large players cash out; California forced to embrace natural gas; Debated natural gas pipeline brings protestors to Springfield City Hall; NATIONAL: US LNG exports climb week over week; Biden should ‘back off’ anti-oil policies, Pioneer CEO says; U.S. shale producers signal more oil coming, as OPEC counts on restraint; Gas prices are sky high and Bank of America warns $120-a-barrel oil is on the way; INTERNATIONAL: OPEC+ rejects Biden plea.
Read More “Other Stories of Interest: Fri, Nov 5, 2021”
OTHER U.S. REGIONS: Maine voters reject $950 million power line for hydro imports; INTERNATIONAL: China made mistake skipping G-20 and COP26 summits, Biden says; Russia looks to capitalize on the global energy crisis; Brazil tops importers of US LNG cargoes in October as Spanish deliveries climb.
Read More “Other Stories of Interest: Thu, Nov 4, 2021”
MARCELLUS/UTICA REGION: EQT donates $220,000 to local first responders; NATIONAL: U.S. consumption and production of natural gas decreased while exports grew in 2020; Top-of-the-line U.S. drilling equipment ‘essentially sold out,’ says Patterson-UTI; Sorry, President Biden, this is not OPEC’s fault; Top U.S. oil firms crank up shale output after cashing gains; INTERNATIONAL: BlackRock draws $673M to fund climate infrastructure projects; Russia says it’s not weaponizing its gas exports. Really?; China binges on U.S. gas to manage energy shortage, carbon footprint.
Read More “Other Stories of Interest: Wed, Nov 3, 2021”
MARCELLUS/UTICA REGION: Chesapeake Energy completes acquisition of Vine Energy; INTERNATIONAL: OPEC+ heads for Biden clash; LNG carriers drive Panama Canal’s growth in FY21; Global oil, natural gas demand strong into ‘foreseeable future,’ says Aramco; Europe’s energy crisis deepens as Russia cuts gas exports.
Read More “Other Stories of Interest: Tue, Nov 2, 2021”
MARCELLUS/UTICA REGION: Sen. Manchin is right to support natural gas efforts; NATIONAL: Williston, DJ basins see higher drilling activity as Baker tally inches higher; U.S. drillers add oil and gas rigs for 15th month in a row; America reduced emissions more than any country despite leaving the Paris accords; Conflicting messages from Democrats leave oil CEOs wondering which way to jump; Biden’s 85-vehicle motorcade a textbook example of hypocrisy from ‘limousine liberals’.
Read More “Other Stories of Interest: Mon, Nov 1, 2021”
MARCELLUS/UTICA REGION: Manchin, McConnell huddle on Senate floor amid Biden spending battle; NATIONAL: WTI futures back on rise again; INTERNATIONAL: Oil demand is soaring; Activist investor is calling for a breakup of Royal Dutch Shell; LNG demand to rise 25-50% by 2030: Morgan Stanley.
Read More “Other Stories of Interest: Fri, Oct 29, 2021”
NATIONAL: National tax on natural gas would be an issue for all Americans; U.S. consumers expected to spend more for heating oil this upcoming winter; Upcoming chill sends November natural gas up to $6.20 at expiration; ‘King Coal’ roars back; INTERNATIONAL: ‘Save your species’: UN uses dinosaur in fossil fuel message; OPEC+ comfortable with rising price trend; Putin signals additional natural gas may be bound for Europe.
Read More “Other Stories of Interest: Thu, Oct 28, 2021”
MARCELLUS/UTICA REGION: Gov. Murphy will eliminate natural gas in NJ; OTHER U.S. REGIONS: Texas upstream employment rises; NATIONAL: Raymond James sees more upside for natgas prices in 2022, raises projections; Third-quarter profits to sparkle for shale producers without hedges; Are we headed for $100 crude oil? And then what?; Oil billionaire schools Biden on gas prices: ‘It’s all about economics 101’; INTERNATIONAL: Energy squeeze will trigger unrest; Big Oil about to post highest cash flow in 13+ years.
Read More “Other Stories of Interest: Wed, Oct 27, 2021”
MARCELLUS/UTICA REGION: Spending in Pennsylvania’s high court race blows past $5M; INTERNATIONAL: Russia close to using natural gas as weapon in Europe’s gas crunch.
Read More “Other Stories of Interest: Tue, Oct 26, 2021”
MARCELLUS/UTICA REGION: Washington, hands off our natural gas; Sen. Manchin is right to support natural gas efforts; Celebration held for group protesting pipeline; NATIONAL: WTI completes ninth consecutive weekly gain; U.S. stockpiles in Cushing reaching historically worrying levels; The U.S. is turning green. What will this climate plan cost and who will pay?; Rising U.S. natural gas prices aren’t just a supply issue but a policy one; U.S. consumers likely to pay more for propane heating during the upcoming winter; Wall Street projects a “higher for longer” era for oil prices; Europe’s energy nightmare doesn’t have to be duplicated here; The U.S. oil supply is still out of balance.
Read More “Other Stories of Interest: Mon, Oct 25, 2021”
NATIONAL: EIA projects that energy-related carbon dioxide emissions will rise over the next 30 years; Precision Drilling CEO bullish on improving oil, natural gas activity; Air Products’ plan to make hydrogen so blue it’s almost green; When will oil prices peak? Traders and analysts rethink their forecasts; INTERNATIONAL: JERA isn’t jumping at fixed-price LNG contracts as volatility spurs deal-making.
Read More “Other Stories of Interest: Fri, Oct 22, 2021”
MARCELLUS/UTICA REGION: Best Lawyers in America names WV oil and gas lawyer Allison Farrell to 2022 list; OTHER U.S. REGIONS: Enbridge briefly shut Line 5 after protesters tampered with pipeline; NATIONAL: E&Ps start hoarding cash from rapidly rising inflows; Why bad climate legislation is worse than no climate legislation; INTERNATIONAL: Saudi Arabia believes OPEC+ can’t decrease natural gas prices; EIA projects non-OECD Asia to become the largest importers of natural gas by 2050.
Read More “Other Stories of Interest: Thu, Oct 21, 2021”
MARCELLUS/UTICA REGION: Biden taking social services, climate pitch to Pennsylvania; New ‘Joe Biden highway’ in Pa. defaced by vulgar graffiti: ‘We can do better’; Natural gas saves Pa. residents thousands; OTHER U.S. REGIONS: Drilling and completion improvements support Permian Basin hydrocarbon production; NATIONAL: Energy crisis makes multi-year contracts fashionable again; Banks loosen purse strings for shale drillers amid oil rally; Energy crisis 2021: How bad is it, and how long will it last?; Energy crisis threatens return of 1970s inflation; INTERNATIONAL: Study: Fossil fuel plans would far overshoot climate goals.
Read More “Other Stories of Interest: Wed, Oct 20, 2021”