NATIONAL: Janet Yellen: Climate change poses ‘existential threat’ to financial markets; INTERNATIONAL: European demand driving U.S. LNG exports – LNG recap; Iraq moves to exploit its massive natural gas reserves.
Read More “Other Stories of Interest: Tue, Apr 6, 2021”
MARCELLUS/UTICA REGION: Sen. Yaw plans bills to stop state from supporting solar energy projects with any foreign components; National Fuel outlines plan to reduce greenhouse gas emissions; Thomas F. Farrell II, former CEO of Virginia-based Dominion Energy, dies at 66; Cabot Oil and Gas donates $50,000 to LCTI program; OTHER U.S. REGIONS: Hull Street Energy acquires natural gas-fired plant in Connecticut from ENGIE; NATIONAL: Biden infrastructure plan boosts renewables outlook, puts oil and gas on notice; US natural gas storage injection season starts early with 14 Bcf build; Adam Brandt to lead Stanford’s Natural Gas Initiative research program; U.S. LNG feedgas demand surges as export capacity additions continue; INTERNATIONAL: Oil slips to $64 as rising OPEC+, Iranian output weighs.
Read More “Other Stories of Interest: Mon, Apr 5, 2021”
MARCELLUS/UTICA REGION: Allegheny County Councilor Hallam introduces bill to ban fracking in most county parks; Rep. Conor Lamb talks goals to reduce methane emissions from natural gas infrastructure; OTHER U.S. REGIONS: Texas upstream sector added 2,300 jobs in February, one year after industry ‘bloodbath’; NATIONAL: No U.S. LNG export FIDs predicted in 2021, says Wood Mackenzie; The future of U.S. LNG hangs in the balance; Methane-pyrolysis process leverages natural gas for CO2-free H2 generation; The natural gas flame continues to burn bright; Drill, baby, drill hasn’t died in the U.S. shale patch; INTERNATIONAL: US Energy Sec. Granholm calls Saudi energy minister ahead of OPEC meeting; Drilling activity is set for two consecutive years of growth but will lag pre-pandemic levels.
Read More “Other Stories of Interest: Thu, Apr 1, 2021”
MARCELLUS/UTICA REGION: WV Gov. Jim Justice no longer a billionaire; Women are drilling their way into Ohio’s male dominated oil and gas industry; OTHER U.S. REGIONS: Mass. climate act advances movement to restrict natural gas use in buildings; NATIONAL: Will 2021 mark the start of a major shale recovery?
Read More “Other Stories of Interest: Wed, Mar 31, 2021”
OTHER U.S. REGIONS: State senator asks attorney general to weigh in on decision to extend natural gas plant’s permit; Regulators decline to use ratepayer funds for Aquidneck Island gas plans; Protests arise as Warren Buffett seeks to profit from recent Texas power blackouts; NATIONAL: The woman transforming one of america’s biggest oil companies; INTERNATIONAL: Suez Canal reopens, LNG vessels waiting for normalised operations; Riders are abandoning buses and trains. That’s a problem for climate change.
Read More “Other Stories of Interest: Tue, Mar 30, 2021”
NATIONAL: Shale oil’s new investors want discipline and a smaller environmental footprint; Why natural gas prices are unlikely to break out in the short term; Vanishing fracklog shows U.S. shale patch getting back to work; Wind & solar subsidies (video); INTERNATIONAL: New Fortress Energy signs contract to supply natural gas to CFE power plants in Mexico; As the shift to green energy speeds up, Shell’s big natural-gas bet is at risk; Clog at the canal: a local look at Suez situation; Despite pledges to cut emissions, China goes on a coal spree.
Read More “Other Stories of Interest: Mon, Mar 29, 2021”
NATIONAL: Kennedy, Cruz introduce bill to promote liquefied natural gas exports; Gasoline prices are high and going higher – here’s why; US gas in storage posts larger-than-expected pull in likely last draw of season; INTERNATIONAL: For most of 2020, China’s refineries processed more crude oil than U.S. refineries; Energy industry grapples with fallout from Suez Canal blockage.
Read More “Other Stories of Interest: Fri, Mar 26, 2021”
MARCELLUS/UTICA REGION: Belmont County port authority official optimistic about fracking; OTHER U.S. REGIONS: California senators calling on Biden to set date for phasing out gasoline cars; NATIONAL: U.S. oil activity jumps as executives remain wary of OPEC, Biden; Biden’s high-cost plan to accelerate U.S. adoption of electric vehicles; Don’t ban fossil fuels: absolutism in climate change policy is a vice; INTERNATIONAL: The ripple effect on trade of one giant ship stuck in Suez.
Read More “Other Stories of Interest: Thu, Mar 25, 2021”
MARCELLUS/UTICA REGION: Babst Calland named to Pennsylvania Business Central’s top 100 organizations; Mariner East opponents have gone home, but ET is still helping others; Borowicz pleased with update on unique energy project in county; Gov. DeWine names former Franklin County judge as next PUCO chairwoman; OTHER U.S. REGIONS: Residential bills would grow 20 percent under Bangor Natural Gas rate hike; US natural gas storage likely posts modest draw as injection season looks to start early; INTERNATIONAL: Qatar tightens global gas market grip with bold expansion moves.
Read More “Other Stories of Interest: Wed, Mar 24, 2021”
MARCELLUS/UTICA REGION: Heavily discounted basis in Appalachia hits tipping point as injection season nears; OTHER U.S. REGIONS: US liquefied natural gas project scrapped; NATIONAL: U.S. LNG exports in EIA’s AEO2021 side cases vary with crude oil, natural gas prices; Shale drillers rushing to refinance debt at record-low rates; U.S. LNG exports on track to hit record high in March; INTERNATIONAL: China buys more Iranian and Venezuelan oil, in a test for Biden.
Read More “Other Stories of Interest: Tue, Mar 23, 2021”
MARCELLUS/UTICA REGION: Folsom Engineering makes history with gas industry support; Why a federal order in the Weymouth compressor case has the natural gas world worried; Environmental justice groups offer vision to shut New York City peakers; OTHER U.S. REGIONS: From Big Green to Al Gore: misguided opposition to the Byhalia Connection increases; Ethylene shortages from plants crippled by deep freeze roil petchem markets; NATIONAL: The shale party is just getting started; Nonprofits press Biden team to exclude natural gas projects from global public financing; Climate change and cancel culture – here’s how left uses fear to push costly, radical policies; New report details shifting moods about the energy transition; The IEA sees peak oil demand! Yawn; America’s most underrated energy reality: low and lower cost natural gas; INTERNATIONAL: Aramco likely to partner with China on blue hydrogen, CEO says.
Read More “Other Stories of Interest: Mon, Mar 22, 2021”
MARCELLUS/UTICA REGION: 35 PA Democrats urge Gov. Wolf to investigate health impacts associated with natural gas fracking; FirstEnergy and Carl Icahn reach a deal for board seats and influence; NATIONAL: Biden’s ‘backdoor’ climate plan; Henry Hub forwards hit 2-month low as summer supply outlook turns bearish; States sue Biden in bid to revive Keystone XL pipeline; Here’s why Warren Buffett is betting billions on natural gas.
Read More “Other Stories of Interest: Fri, Mar 19, 2021”
OTHER U.S. REGIONS: Iowa House passes bill banning anti-natural gas, propane ordinances; NATIONAL: EIA expects crude oil prices to rise through April because of lower OPEC production; Understanding the volatile relationship between LNG and global gas markets; U.S. shale prioritizing debt over drilling, just as OPEC predicted; Oil and gas industry isn’t going away anytime soon; INTERNATIONAL: Russia: LNG action plan approved.
Read More “Other Stories of Interest: Thu, Mar 18, 2021”
NATIONAL: Recent completions of natural gas pipeline projects increase transportation capacity; Shale producers find themselves in unusual position; Natural gas in storage set to decrease by about 30% of five-year average.
Read More “Other Stories of Interest: Wed, Mar 17, 2021”
MARCELLUS/UTICA REGION: Pa.’s natural gas industry is a target — again; Pennsylvania lawmakers seek to block entry to multi-state climate compact; NATIONAL: U.S. LNG exports edge up in January 2021; Poorest choice ever confirmed as Secretary of Interior; House Republicans pitch nuclear, natural gas as ‘cleaner’ energy future; Natural gas price prediction – prices drop and remain oversold; Wind & solar subsidies (video); INTERNATIONAL: Asia became the main export destination for growing U.S. LNG exports in 2020.
Read More “Other Stories of Interest: Tue, Mar 16, 2021”
MARCELLUS/UTICA REGION: An open letter to President Biden on shale energy; OTHER U.S. REGIONS: Colorado’s legal cannabis farms emit more carbon than its coal mines; NATIONAL: U.S. Silica, Smart Sand report rising demand for proppant by E&P customers.
Read More “Other Stories of Interest: Mon, Mar 15, 2021”