Best of the Rest

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”

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”