Best of the Rest

MARCELLUS/UTICA REGION: CNX Resources corporation announces pricing of $500 million of senior notes; FirstEnergy cut to junk at all three major ratings firms; Regardless of election, Thai giant PTT’s cracker project in Ohio in flux; West Virginia Sen. Manchin calls for update on Storage Hub report; NATIONAL: The secret weapon that will save oil & gas pipeline operators billions; What it took to balance the natural gas market this fall; INTERNATIONAL: LNG importers’ group names new president; Desperate Venezuelans attempt to refine gasoline at home; China to take oil-refining crown held by U.S. since 19th century.
Read More “Other Stories of Interest: Wed, Nov 25, 2020”

MARCELLUS/UTICA REGION: DRBC lawsuit update: still waiting on the federal court; Canton Chamber moves Utica Downstream event to January as COVID-19 cases spike; Renewables, GOP supermajority loom large over energy and environmental groups’ 2021 state legislative priorities; OTHER U.S. REGIONS: SDG&E to test blending hydrogen with natural gas supply; NATIONAL: Biden names John Kerry as ‘climate czar’ in new administration; Investment in US clean energy to total $55 billion in 2020: Generate Capital; Could U.S. propane demand plus exports draw down inventories enough to spike prices?; Pipe dreams leave U.S. energy firms caught in climate trap; INTERNATIONAL: Oil majors are paying the price for investing in renewables.
Read More “Other Stories of Interest: Tue, Nov 24, 2020”

MARCELLUS/UTICA REGION: Pennsylvania House votes to impose fees on electric cars; NYSEG to raise rates slightly, scale back natural gas; Local firefighters attend oil and gas training; OTHER U.S. REGIONS: Bakken’s robust production threatened by low prices and Biden presidency, North Dakota officials say; Utility’s application for natural gas pipeline approved; INTERNATIONAL: Millions in Africa being sacrificed to extreme poverty, premature death on altar of ‘green energy’.
Read More “Other Stories of Interest: Mon, Nov 23, 2020”

MARCELLUS/UTICA REGION: South Jersey Gas files petition for Infrastructure Investment Program; Farmers, consumers beware — natural gas foes have vision but no plan; NATIONAL: To achieve a true energy transition, America must discard green scams; Jeff Bezos announces first beneficiaries of his $10 billion climate fund; Why a Biden Administration threatens US energy security; US LPG arrivals to Asia in Dec to be around 2.7 million mt; INTERNATIONAL: Germany’s growing gas demand shows no signs of slowing.
Read More “Other Stories of Interest: Fri, Nov 20, 2020”

NATIONAL: Committee sends FERC nominees Christie, Clements to full Senate; U.S. governors are seeking to control foreign policy via state pipeline permits; Slumping refined-product demand, economics, and fire force refinery closures; Rare-earth elements: a national security crisis; If the weather outlook remains bearish, we could see $2.45 for January gas prices; INTERNATIONAL: Britain will ban gasoline cars in 2030. Why are experts not impressed?
Read More “Other Stories of Interest: Thu, Nov 19, 2020”

OTHER U.S. REGIONS: Gulf Power to retire its last coal units in Florida; NATIONAL: EIA expects U.S. crude oil production to remain relatively flat through 2021; Are we on the verge of a new bull market in natural gas?; The ‘war on coal’ is over…the next climate battle has just begun; How much damage to America can Biden do with his energy plan?; Joe Biden’s net-zero isn’t normal; Climate targets could slash natural gas investment by $1 trillion; Danly to cancel FERC press briefings; INTERNATIONAL: Covid-19 caused the loss of over 28,000 oil & gas jobs in Australia.
Read More “Other Stories of Interest: Wed, Nov 18, 2020”

MARCELLUS/UTICA REGION: Oilfield Basics signs partnership agreement with PIOGA; Marcellus Utica Virtual Conference 2020 (video); ShalePro Energy Services profile; OTHER U.S. REGIONS: Tellurian’s Souki seeks new Asia gas deals after Petronet rebuff; NATIONAL: Pipeline Prosperity (video); The great American LNG comeback; In shadow of pandemic, pipeline companies eye efficiency until market stabilizes; Trump races clock on remaining environmental rollbacks; INTERNATIONAL: Equinor sees oil demand peaking two-three years sooner due to virus.
Read More “Other Stories of Interest: Tue, Nov 17, 2020”

MARCELLUS/UTICA REGION: More taxes will impede Marcellus Shale production; OTHER U.S. REGIONS: San Francisco bans natural gas in new buildings; NATIONAL: LNG feedgas demand has reached a new all-time high; Cheniere doubling down to cut LNG environmental footprint as stakeholder pressure grows; Physical gas flow constraints, volatility arise at Henry Hub; State climate action unlikely after Democrats fail to flip statehouses; The coming energy shocks under a Biden administration; EPA nominees may face challenging Senate confirmation path; INTERNATIONAL: Europe’s Green Deal is bad news for U.S. LNG.
Read More “Other Stories of Interest: Mon, Nov 16, 2020”

MARCELLUS/UTICA REGION: Pittsburgh mayor touts ‘Marshall Plan’ for Appalachia, a proposed $600B for transition from fossil fuels to greener energy; Consumers from the Tristate region saved more than $107.5 billion thanks to affordable natural gas; NATIONAL: Making sense of the hydrogen buzz; Biden presidency imperils key oil pipelines; Biden’s oil plan…the good, the bad and the illegal; Biden is targeting U.S. industry; INTERNATIONAL: Saudi Aramco pitches natural gas to China.
Read More “Other Stories of Interest: Fri, Nov 13, 2020”

MARCELLUS/UTICA REGION: FirstEnergy’s top lawyer, chief ethics officer are out, acting CEO gets $150,000 pay raise; Pennsylvania has prepared itself to safely and successfully build pipeline infrastructure; OTHER U.S. REGIONS: Sue-happy Louisiana sends people, jobs, and investments fleeing; NATIONAL: December natural gas futures rally for second consecutive day as cooler forecasts hold; U.S. energy-related carbon dioxide emissions fell in 2019, mainly in electric generation; US E&Ps to keep cost-cutting, cautious approach in 2021 amid COVID-19 concerns; Oil operators get DUCs in a row, adding fracking crews to boost output; Election 2020 – the energy voter strikes back; Shell to push Biden for carbon pricing, more methane emissions rules; The coming energy shocks under a Biden administration; Pipeline opposition, hurdles sharpen focus on existing assets: Energy Transfer; How one firm drove influence campaigns nationwide for Big Oil; INTERNATIONAL: New blow for US LNG in Europe as Irish court quashes Shannon LNG consents; Cleaning up LNG becomes a target of EU in blow to U.S. exporters; New LNG-fueled ships and LNG bunkering infrastructure coming online; India could be the next breakout natural gas market.
Read More “Other Stories of Interest: Thu, Nov 12, 2020”

MARCELLUS/UTICA REGION: Canfield woman appointed to Ohio’s Advisory Council on Oil and Gas; Learning from Pennsylvania’s election chaos; OTHER U.S. REGIONS: Eight steps that could upend Texas Gulf Coast natural gas markets; NATIONAL: OFS sector adds jobs, but resurgent pandemic means an uncertain outlook; Good assets are hedge against any adverse US political impacts: Kosmos; Oil & gas associations welcome Biden/Harris; Biden’s America to rejoin the Paris climate accords – will it help the environment?; Joe Biden’s four big energy transition challenges; INTERNATIONAL: Europe ready to restart transatlantic climate dialogue after Trump ‘parenthesis’; Egypt seeks to almost double cars running on natural gas by 2023; Global LNG supplies seen gradually tightening on FID delays; Prospective Biden administration welcomed by OPEC leaders; China inks first term deal for U.S. LNG since trade war erupted.
Read More “Other Stories of Interest: Tue, Nov 10, 2020”

NATIONAL: Weekly natural gas prices plunge as mild temperatures sap demand; US crude producers eyeing natural gas again; Natural gas vehicles are making inroads and want Joe Biden to get aboard; Henry Hub physical gas volumes jump with LNG exports, storage flows.
Read More “Other Stories of Interest: Mon, Nov 9, 2020”

MARCELLUS/UTICA REGION: CNX supports area school districts as part of ongoing COVID-19 community response; Natural gas shouldn’t be a partisan issue; Dominion comes full circle as it works to offload remaining US gas pipeline assets; NATIONAL: U.S. LNG exports continue weekly rise; Sempra looking at strategic funding options to support North America LNG plans; Ditch Paris—and save America; INTERNATIONAL: Saudi Aramco reports increasing natural gas output, with earnings climbing in 3Q; A warning from the United Kingdom: renewable energy may not suffice.
Read More “Other Stories of Interest: Fri, Nov 6, 2020”

NATIONAL: In 2019, the U.S. imported $13 billion of energy goods from Mexico, exported $34 billion; U.S. out of Paris agreement as country’s political future uncertain; Energy and race: the media’s new intersectionality; Biden would “transition” your standard of living.
Read More “Other Stories of Interest: Thu, Nov 5, 2020”

OTHER U.S. REGIONS: Pro-industry Republican holds lead in Texas oil commission race; Permian drilling slowdown fuels bullish turn for West Texas spot gas market; Mid-con is now a premium market for natural gas and NGLs; NATIONAL: December natural gas futures stumble amid higher temperatures, election uncertainty; Natural gas refuse trucks versus battery electric…what’s more green?; INTERNATIONAL: France’s Engie backs out of U.S. LNG deal; OPEC members’ net oil export revenue in 2020 expected to drop to lowest level since 2002; Natural gas demand will grow beyond 2035: Gazprom official.
Read More “Other Stories of Interest: Wed, Nov 4, 2020”

MARCELLUS/UTICA REGION: Repsol sees possible upside in Marcellus gas; Oil and gas company donates $150K to fight food insecurity; OTHER U.S. REGIONS: Democrat seeking Texas RRC post gets fundraising boost from leftists; In effort to curb emissions, state regulators probe the future of natural gas in Massachusetts; NJ building electrification not happening any time soon; NATIONAL: EIA forecasts more residential natural gas consumption this winter than last; Trump vs. Biden: there is but one choice on energy issues; Drilling and fracking accelerates ahead U.S. election; Global demand swings amplify U.S. gas market seasonality; INTERNATIONAL: The global hub for trading natural gas moves to the Netherlands; Russia’s Novak calls for closer cooperation with OPEC on natural gas; U.S. senator warns France’s Macron over gas exports deal delay; China believes natural gas demand will soar.
Read More “Other Stories of Interest: Tue, Nov 3, 2020”