MARCELLUS/UTICA REGION: Pennsylvania DEP Policy Director calls State Rep environmental criminal; NATIONAL: Enverus: expect hot oil & gas M&A market to slow in 2021; Schumer now under pressure from green left.
Read More “Other Stories of Interest: Fri, Jan 8, 2021”
MARCELLUS/UTICA REGION: 38 green groups urge DEP to deny PennEast permits in advance of Jan. 13 hearing; Truckers making it happen in gas fields of northeast Pennsylvania; OTHER U.S. REGIONS: Washington state proposes legislation to phase out natural gas utility service; Amid bullish outlook, Haynesville gas producers gear up for record output in 2021; NATIONAL: February natural gas futures soar to extend new year momentum; Crude oil prices briefly traded below $0 in spring 2020 but have since been mostly flat; Colder than usual winter boosts fossil fuel demand; Supreme Court hearing should signal shift from baseless lawsuits to realistic climate solutions; US extends 5 LNG export authorizations to 2050; Can renewables become as profitable as oil and gas?; INTERNATIONAL: Asia LNG prices skyrocket as buyers scramble for supplies amid cold snap, power shortages.
Read More “Other Stories of Interest: Thu, Jan 7, 2021”
MARCELLUS/UTICA REGION: Southwestern Energy issues statement on untimely passing of Julian Bott; OTHER U.S. REGIONS: California is closing the door to gas in new homes; NATIONAL: Liberty and Schlumberger close North American pressure pumping transaction; EIA releases new U.S. Energy Atlas with updated maps and enhanced navigation; The electric vehicle revolution: why the death of natural gas is greatly overstated; INTERNATIONAL: OPEC+ deliberations ongoing; Should oil markets brace for a U.S. shale comeback?
Read More “Other Stories of Interest: Tue, Jan 5, 2021”
MARCELLUS/UTICA REGION: Environmentalists see opportunity for legislature in 2021, but also expect repeats of old fights; DEP sets Jan. 13 virtual hearing on Chapter 102/105 permits for Phase I PennEast Pipeline project; Biden and Harris know energy development is a winning issue in Pennsylvania; OTHER U.S. REGIONS: Apparent radical leftist attack on gas lines in Colorado, leaving thousands without heat; Negotiators announce deal on climate change bill; Massachusetts will require all new cars sold be electric by 2035; NATIONAL: Evangelicals salute the Biden climate team; ‘A slap in the face’: The pandemic disrupts young oil careers; Why President Biden won’t be bad for natural gas; Five U.S. LNG projects get export term extended through 2050; US producers capture record volume of associated gas production in 2020; The top 10 RBN energy prognostications for 2021; John Kerry: false prophet of the climate apocalypse; INTERNATIONAL: Company produces methane-capturing face mask for cows.
Read More “Other Stories of Interest: Mon, Jan 4, 2021”
MARCELLUS/UTICA REGION: WV Gov. Jim Justice acknowledges Biden presidency, says U.S. is not ready to move away from coal and gas; OTHER U.S. REGIONS: Broadway Mill kicks coal after transition to natural gas completed; NATIONAL: The worst may be over for U.S. oil; U.S. shale oil just had its worst year and the pain could bleed into 2021; Biden’s Cabinet picks could fuel EPA, FERC pipeline wars; US natural gas in storage forecast to post another triple-digit withdrawal; INTERNATIONAL: Russia to U.S. President-elect: don’t upset the oil market.
Read More “Other Stories of Interest: Wed, Dec 23, 2020”
MARCELLUS/UTICA REGION: CNX helps bring virtual learning to West Greene students; OOGEEP educates record number of Ohioans on oil and gas industry; New York uses drones to find, plug ‘orphan’ gas wells; NATIONAL: Sen. Whitehouse’s call for climate inquisition undermines scientific research; US shale producers keep tight grip on purse strings; Natural gas – a very bullish weather scenario is developing; Once again, Congress reaches into taxpayer wallets for the renewable energy lobby; Republican threatens ‘brawl’ over Biden’s EPA, Interior picks; INTERNATIONAL: 5G could worsen “climate change,” claims French government advisor.
Read More “Other Stories of Interest: Tue, Dec 22, 2020”
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”