Best of the Rest

NATIONAL: Permian Basin oil growth may hinge on ExxonMobil, Chevron activity; US shale stakes out a future in changed energy landscape; Laid-off pipeline worker: The Biden administration ‘has taken my livelihood from me’; INTERNATIONAL: Worldwide LNG market a ‘big boy game,’ says Qatar Petroleum CEO; OPEC oil has advantage over U.S. shale during pandemic recovery; Oil executives eye important role for natural gas.
Read More “Other Stories of Interest: Wed, Mar 3, 2021”

OTHER U.S. REGIONS: Tellurian in market for more Haynesville assets to feed Driftwood LNG; Cheniere eyes start of LNG output from ninth train by end of 2021; NATIONAL: Trump: Biden’s policies to bring ‘energy disaster’ to the U.S.; Fossil fuel demand seen growing through 2030s; Privately-held shale drillers poised to create headaches for OPEC; Opposing natural gas pipelines means opposing natural gas users; Midstreamers’ ESG agendas focus on reining in methane, CO2 emissions.
Read More “Other Stories of Interest: Tue, Mar 2, 2021”

NATIONAL: U.S. shale oil just had its worst year and the pain could bleed into 2021; Fossil fuel fears blind those seeking green energy nirvana to reality; Baker Hughes discloses SEC probe over projects affected by U.S. sanctions; The economy, oil demand and prices.
Read More “Other Stories of Interest: Mon, Mar 1, 2021”

OTHER U.S. REGIONS: Texas natural gas production fell by almost half during recent cold snap; Port Canaveral to welcome first liquified natural gas-powered cruise ship in North America; NATIONAL: EIA: US weekly LNG exports increase; New postal delivery vehicle omits natural gas option; Americans can’t afford president Biden’s green obsession; Jennifer Granholm sworn in as energy secretary; INTERNATIONAL: Macquarie launches WaveCrest Energy to develop LNG markets in Asia, Latin America.
Read More “Other Stories of Interest: Fri, Feb 26, 2021”

MARCELLUS/UTICA REGION: UGI work to begin on $6 million pipeline that will change fuel mix at Northampton County’s Keystone Cement; Antero Resources presents a check to the Mountaineer Food Bank for $150,000 to help battle food insecurity; OTHER U.S. REGIONS: Midcoasters say $90M natural gas line expansion isn’t aligned with state climate change plan; NATIONAL: Day 2: Rep. Haaland goes further, says federal lands moratorium is not a “permanent thing”; Quantum Fuel Systems awarded substantial natural gas virtual pipeline trailer order; Natural gas price spike curtails ammonia plants, linking hydrogen and gas markets; INTERNATIONAL: Keystone XL’s death sparks rush to ship oil-sands by rail.
Read More “Other Stories of Interest: Thu, Feb 25, 2021”

MARCELLUS/UTICA REGION: Temps fall, but Western Pa. power plants, gas lines built to operate during big chills; OTHER U.S. REGIONS: Annapolis leaders admit activist group convinced city to file climate lawsuit; Uri scrambles Gulf Coast gas flows, briefly shuts off Texas LNG feedgas; Texas freeze raises cost of charging a Tesla to $900; California and Texas vie to be America’s hydrogen capital; NATIONAL: The battle over climate change is boiling over on the home front; Survey calls for second-ever US natural gas storage draw above 300 Bcf; GOP Senator grills Biden Interior nominee on O&G industry: Why not just let these workers keep their jobs?; INTERNATIONAL: Panama Canal weighing additional compensation for canceled LNG bookings.
Read More “Other Stories of Interest: Wed, Feb 24, 2021”

OTHER U.S. REGIONS: Private equity group acquiring minority stake in Kinder Morgan-operated NGPL; Texas blackout deception (video); NATIONAL: Natural gas plant liquids persevere in 2020; Why Biden’s new dawn of net-zero is looking like a dark day for labor; Propane and the 2021 deep freeze; where are we now?; INTERNATIONAL: Chevron, Pavilion agree to LNG supply deal detailing emissions to produce and deliver cargoes.
Read More “Other Stories of Interest: Tue, Feb 23, 2021”

MARCELLUS/UTICA REGION: Natural gas is a cornerstone for climate, economic progress; DEP awards $250,000 to Moon Township Sheetz for 4 fast-charging plugs for electric cars; OTHER U.S. REGIONS: Amid Texas freeze, oil producers still shut; governor bans natural gas exports; A dangerous narrative emerges in the wake of Texas power blackouts; NATIONAL: Rep. Haaland’s Interior Secretary confirmation hearing: 6 key questions; The merger wave in the oil patch starts heading midstream; INTERNATIONAL: Is another LNG glut looming?; US LNG exports to China may drop.
Read More “Other Stories of Interest: Mon, Feb 22, 2021”

MARCELLUS/UTICA REGION: Tier 1 Rental and Distribution files bankruptcy; OTHER U.S. REGIONS: Cold snap causes force majeure at Cameron LNG; Democratic state lawmakers propose fracking ban in California; Sustained arctic weather exposes weaknesses in Texas’s power industry; Texans deserve better than the epic power generation failure they have endured this week; NATIONAL: Annual U.S. liquefied natural gas exports forecast to exceed pipeline exports in 2022; US gas production stabilizes, easing domestic supply crunch and lower prices; INTERNATIONAL: Putin’s corrupt pipeline is on life support.
Read More “Other Stories of Interest: Fri, Feb 19, 2021”

OTHER U.S. REGIONS: Texas natural gas is saving the day for one Texan arse after another; Texas freeze allows Jerry Jones’ natural gas company to “hit jackpot”; This blizzard exposes the perils of attempting to ‘electrify everything’; Texas Gov. Abbott orders no exporting by natural gas producers through Feb. 21; NATIONAL: EIA forecasts the U.S. will import more petroleum than it exports in 2021 and 2022; US gas supply crunch hits wider market amid historic freeze-off, record prices; Shale rig owner touts new price model as drilling speeds up; Tech-savvy entrepreneurs make inroads into fracking operations in shale oil and gas; INTERNATIONAL: Saudi Arabia set to raise oil output amid recovery in prices.
Read More “Other Stories of Interest: Thu, Feb 18, 2021”

MARCELLUS/UTICA REGION: Rep. Balderson calls report stating decline of oil, gas industry “misleading”; Fetterman signs no fossil fuel money pledge; OTHER U.S. REGIONS: Washington State Republicans speak out against natural gas bill; NATIONAL: Some U.S. ethanol producers reduce production to sell natural gas for a profit; Natural gas shortage forces feedyards to reformulate feed, packing plants pause production; Auctioning Blackouts (video); INTERNATIONAL: LNG import terminals in India, Europe to add capacity as demand grows; Japan’s LNG imports up in January.
Read More “Other Stories of Interest: Wed, Feb 17, 2021”

MARCELLUS/UTICA REGION: US gas midstream sale weighs down Dominion Energy 2020 results; OTHER U.S. REGIONS: Black Hills CEO says ‘lethal’ if natural gas bans enacted in service territories; NATIONAL: Helmerich & Payne: clear signs of a turnaround; Is the anti-oil movement installing the next recession?; INTERNATIONAL: Oil prices hit critical threshold for OPEC+.
Read More “Other Stories of Interest: Tue, Feb 16, 2021”

MARCELLUS/UTICA REGION: Moody and Associates is yet another Marcellus shale success story; OTHER U.S. REGIONS: Gas processing build-out continues in Permian’s Delaware basin; NATIONAL: Cheniere asks to put Corpus Christi LNG train 3 in service; EIA’s AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s; Chesapeake Energy emerges from bankruptcy, with a return to its roots in natural gas; Despite Covid-19, US oil and natural gas exports hitting record levels; Alternative debt universe for oil and gas; A startup using a new tech to make hydrogen extracts cash from Bill Gates’ climate tech fund; INTERNATIONAL: Qatar ramps up pressure on U.S. LNG producers with major expansion.
Read More “Other Stories of Interest: Fri, Feb 12, 2021”

OTHER U.S. REGIONS: New Mexico and Texas officials give dire warnings over federal lands ban impacts; Oil and gas coalition aims to end routine flaring by 2030; Rockland Council to hold meeting on natural gas project; NATIONAL: Shale rig owner touts new price model as drilling speeds up; EIA lifts forecasts for US gas production, trims 2021 price estimates; A look at Chesapeake energy’s exit from bankruptcy; First Keystone XL, now Dakota Access: pipeline politics swirl around Biden; INTERNATIONAL: Poland’s LNG imports again jump as Russian supplies decline; Germany claims emissions success yet becomes more dependent than ever on Russia?
Read More “Other Stories of Interest: Thu, Feb 11, 2021”

OTHER U.S. REGIONS: CELDF defeated in court (again), this time in small NH town; Biden drilling ban forces Democratic-led New Mexico to reckon with oil dependence; NATIONAL: Heating and petrochemical demand in Asia contribute to more U.S. propane exports; LNG exports rise to boost Henry Hub prices; Billionaire names oil stocks he calls ‘the investment opportunity of my career’; Fracking ramps back up as crude oil becomes a hot commodity again; Exxon’s well-timed hop onto carbon-capture bandwagon; INTERNATIONAL: Total rebrands in pivot away from oil after better quarter.
Read More “Other Stories of Interest: Wed, Feb 10, 2021”

MARCELLUS/UTICA REGION: The potential of natural gas; OTHER U.S. REGIONS: Coalition promotes Rockies’ motherlode of natural gas as source for overseas markets; NATIONAL: Major gas pipelines face over 2.6 million Dth/d of expiring contracts in Q1; Electric vehicles could be ‘imperfect substitutes’ for gas-powered cars, new study suggests; The spiralling environmental cost of our lithium battery addiction; Chevron may not be an oil-first company in 2040, CEO says; President Biden’s executive order could hurt helium production; US unions, environmentalists disagree about oil and gas pipelines; February polar vortex effect puts $3/MMBtu gas prices back in play; Oilfield services sector adds jobs for fifth consecutive month; INTERNATIONAL: Japanese spot LNG prices hit historic highs; Crude oil futures climb as pandemic concerns recede, tight supply.
Read More “Other Stories of Interest: Tue, Feb 9, 2021”