Best of the Rest

NATIONAL: Energy Transfer and Sunoco donate over $1.5 million to benefit pediatric cancer patients; Biden introduces his climate team, says ‘no time to waste’; Bankruptcy-hit US operators set to lose a quarter of oil production in 2021; S&P Global Platts urges caution for energy companies in 2021; What Biden executive orders could mean for the energy sector; U.S. propane prices spike; December exports soar to all-time highs; INTERNATIONAL: Fuel demand in India is soaring despite pandemic.
Read More “Other Stories of Interest: Mon, Dec 21, 2020”

OTHER U.S. REGIONS: Californians can now pay more to get natural gas from cow manure; NATIONAL: Williams’ deal with Chesapeake wins bankruptcy court approval; U.S. shale patch reduced breakeven costs by 20% this year; Ovintiv targets 33% reduction in methane intensity by 2025; Biden pick for US Interior post seen potentially curbing fossil fuel development; Biden names Michael Regan as EPA head; 2020 in review: one of the oil and gas industry’s worst years approaches a merciful end; INTERNATIONAL: U.S. backs EastMed pipeline to supply gas to Europe.
Read More “Other Stories of Interest: Fri, Dec 18, 2020”

NATIONAL: U.S. liquefied natural gas exports set a record in November; Centrist group urges Biden to strike bargain on gas as part of clean energy grid; Downhole drilling player expands U.S. footprint; INTERNATIONAL: ‘There is hardly any gas’: LNG price rally exacerbates gas crunch in Asia.
Read More “Other Stories of Interest: Thu, Dec 17, 2020”

MARCELLUS/UTICA REGION: Brooke County Board of Education approves lease; OTHER U.S. REGIONS: California’s natural gas bans are drawing fire from black and Latino leaders; NATIONAL: TC Energy to acquire all outstanding common units of TC PipeLines, LP; Another green subsidy bust from Obama/Biden; Gina McCarthy emerges as top choice for climate adviser; U.S. shale should be worried about ‘very aggressive’ policies coming from Washington; INTERNATIONAL: China buying more U.S. LNG to meet winter demand, but still far below phase one targets; As people rush for their Christmas shopping, young say no to fast fashion.
Read More “Other Stories of Interest: Wed, Dec 16, 2020”

OTHER U.S. REGIONS: Calcasieu Pass LNG project ahead of schedule, CEO says; NATIONAL: The Stealth Green New Deal; Flexible cement is made to fill the fine gaps around leaky gas wells; Biden eyes new EPA picks as Nichols falls from favor; Federal Reserve steps up climate-change response, backlash from House Republicans; North Face joins growing corporate hypocrisy against oil & gas industry; INTERNATIONAL: Bombshell report pours cold water on global LNG outlook.
Read More “Other Stories of Interest: Tue, Dec 15, 2020”

OTHER U.S. REGIONS: Natural-gas ads shouldn’t have gone on buses, King County Metro Transit says; NATIONAL: Don’t count out the U.S. oil & gas industry just yet; Energy executives must plan for their world to change as January 20th approaches; Financial results, bankruptcy filings, and mergers separate E&P winners, losers; INTERNATIONAL: Global oil demand rebound to accelerate in second half 2021; Nord Stream 2 construction continues despite delays; Fracking’s future looks bleak as Cuadrilla gives up its drilling licence in Lancashire.
Read More “Other Stories of Interest: Mon, Dec 14, 2020”

MARCELLUS/UTICA REGION: Transco urges court to dismiss nuns’ religious freedom lawsuit over pipeline; Steel Nation announces the appointment of Alan Reid as President; NATIONAL: North America LNG export growth ambitions face test over emissions; The UN makes the case for the U.S. to stay out of the Paris Climate Accord; US working natural gas volumes in underground storage fall 91 Bcf; Biden under pressure to quickly regulate methane; INTERNATIONAL: Environment of dystopia: Germany plans to wipe out 1000-year old forest for wind parks.
Read More “Other Stories of Interest: Fri, Dec 11, 2020”

MARCELLUS/UTICA REGION: New York state pension fund sets 2040 goal of net zero carbon emissions; Equinor hosts Toys for Tots event; NATIONAL: Williams appoints Rose Robeson to board of directors; Western states with big budget holes will bear the brunt of Biden fracking ban; Cheniere sees Biden following Trump in support of LNG industry; INTERNATIONAL: Natural gas, propane are early winners in quest for clean ship fuels.
Read More “Other Stories of Interest: Thu, Dec 10, 2020”

OTHER U.S. REGIONS: Corpus Christi LNG Train 3 first commissioning cargo loaded; GWTI inks GTL patent agreement with the University of Texas Arlington; NATIONAL: Oilfield services sector lost 91,680 jobs due to coronavirus; Top 3 challenges to mitigating gas flaring & why ESG investors should care; Kinder Morgan to cut spending further in 2021 amid uneven US midstream recovery; U.S. crude output to decline more than previously forecast in 2020; Shale oil slump burns private equity interest; INTERNATIONAL: Brazil’s oil major believes net zero emissions is a ‘fad’.
Read More “Other Stories of Interest: Wed, Dec 9, 2020”

MARCELLUS/UTICA REGION: PA DEP hosts Dec. 15 webinar on transitioning to new ePermitting system for oil & gas well permits; NATIONAL: January natural gas plunges to $2.40 as ‘domination of warmth’ set to continue in December; Retreat by big banks could mean more upstream oil and gas bankruptcies in 2021; US LNG export terminals operate at or near capacity heading into peak winter use; INTERNATIONAL: Commodities 2021: India’s growing love for spot LNG may shift import strategy; Traffic at the Panama Canal and its impacts on LNG economics; The IMF’s net-zero fairy tale.
Read More “Other Stories of Interest: Tue, Dec 8, 2020”

MARCELLUS/UTICA REGION: State Environmental Agency Assn., led by DEP Sec. McDonnell, meets with Biden EPA transition team; NATIONAL: Shale executives see little chance of significant growth; U.S. natural gas beats Covid-19; Peak oil demand, really? Some lessons from the debate over peak supply; Energy majors, utilities back Biden’s call to enact bipartisan climate legislation; INTERNATIONAL: Denmark to end oil and gas era in 2050; US calls for ‘moratorium’ on Nord Stream 2 pipeline; How OPEC sees the oil market in 2021.
Read More “Other Stories of Interest: Mon, Dec 7, 2020”

MARCELLUS/UTICA REGION: Summit Midstream regains compliance with NYSE minimum price continued listing standard; OTHER U.S. REGIONS: Massachusetts AG tells Bloomberg group of plan to use its attorneys to enforce Paris climate treaty; NATIONAL: ‘Methane’ sounds worse than ‘natural gas’; INTERNATIONAL: NUS team invents ‘fast and safe’ way to convert natural gas to solid form; OPEC, allies agree to increase output by 500,000 barrels a day in January; More than 140 trucks, buses switch to natural gas in Vancouver; Making shipping cleaner – is LNG the answer?
Read More “Other Stories of Interest: Fri, Dec 4, 2020”

MARCELLUS/UTICA REGION: Planning Commission approves natural gas development project; NATIONAL: Biden’s plan to create millions of energy jobs might work, but…; China can literally pull the plug on US high tech manufacturing and defense applications; Wheeler warns of rules by a ‘future administration’; The oil industry narrowly avoided an election disaster…now it’s showing signs of life; Teaching climate crisis in classrooms critical for children, top educators say.
Read More “Other Stories of Interest: Thu, Dec 3, 2020”

OTHER U.S. REGIONS: Tellurian withdraws U.S. application to build Permian natgas pipeline; NATIONAL: The United States briefly returned to net importer status for petroleum earlier this year; Pioneer Natural Resources CEO sees oil demand recovery in 2022; How Biden may save U.S. gas exports to Europe; Death march for US shale?; INTERNATIONAL: Asian prices supportive of further US LNG export activity increase in December; Steady shale gas bolsters clean energy in China; India’s natural gas use has returned to pre-Covid levels; OPEC+ meeting delay is a nervous moment for U.S. shale business; Green hydrogen in natural gas pipelines: decarbonization solution or pipe dream?
Read More “Other Stories of Interest: Wed, Dec 2, 2020”

OTHER U.S. REGIONS: Colorado operators to face most-stringent drilling setbacks in US; NATIONAL: What impact will the next administration have on climate litigation?; Five reasons why internal combustion engines are here to stay; Why oil won’t “go gentle into that good night”; Energy industry braces for Biden-era court clashes; INTERNATIONAL: U.S. to add Chinese oil driller to list of firms barred from receiving American investments; The complicated battle over the Nordstream 2 gas pipeline; The world’s largest trade pact could crush U.S. gas exports.
Read More “Other Stories of Interest: Tue, Dec 1, 2020”

MARCELLUS/UTICA REGION: Wolf vetoes bill on conventional oil and gas industry; Hilcorp awarded 11 new well permits in Columbiana County; OTHER U.S. REGIONS: NM needs a waiver from and federal ban on drilling; U.S., Japan inch toward unlocking vast new source of natural gas; NATIONAL: Congressman warns Biden oil industry transition could soon halt new plants, hike energy costs; U.S. natural gas prices to average $3.30 in 2021, with summer even higher, says BofA; U.S. shale firms amp up natural gas output as futures signal more gains; The oil industry starts climbing out of a hole; INTERNATIONAL: It took a global pandemic for OPEC to slam the door on U.S. shale; EU to use market rules and targets to destroy hydrocarbons demand.
Read More “Other Stories of Interest: Mon, Nov 30, 2020”