NATIONAL: Are parking lots the next target for anti-fracking activists?; E&Ps plot lean second-half investment after second-quarter capex retreat; Polling continues to show voters support fracking; DOJ urged to investigate US environmental NGOs for foreign influence; INTERNATIONAL: Shell to cut up to 9,000 jobs as oil demand slumps; Ontario’s green-energy catastrophe.
Read More “Other Stories of Interest: Wed, Sep 30, 2020”
MARCELLUS/UTICA REGION: CNX Resources and CNX Midstream Partners announce completion of merger; Energy and Policy Institute a case of projection on steroids; Encino Energy partners with wildlife education center; OTHER U.S. REGIONS: Kayakers paddle to Murphy’s backyard to protest gas pipeline, fossil fuel projects; NATIONAL: Devon Energy and WPX Energy to combine in merger of equals; U.S. ethane exports rise with international steam cracker demand; INTERNATIONAL: Wood Mackenzie: LNG demand doubling over the next 20 years.
Read More “Other Stories of Interest: Tue, Sep 29, 2020”
MARCELLUS/UTICA REGION: POGLA Wyoming County meeting tonight – Sept. 28; Under President Trump, America is energy independent; Ohio farmers need natural gas now and in the future; OTHER U.S. REGIONS: Cheniere Energy made big financial moves in September; Gavin Newsom’s energy hubris relates directly to “peak oil” predictions; NATIONAL: Devon Energy, WPX in talks to merge; Natural gas will rule the us energy market for decades; AEA supports U.S. Supreme Court nominee Amy Coney Barrett; Q&A with Harold Hamm on prices, politics, swing producers; INTERNATIONAL: Oil heavyweights Saudi Arabia and Russia look ready for a showdown.
Read More “Other Stories of Interest: Mon, Sep 28, 2020”
MARCELLUS/UTICA REGION: Marcellus Shale gas benefits touted by panelists; OTHER U.S. REGIONS: Blackstone completes $7 billion Cheniere partnership stake sale; Natural gas company to provide $10M in grants to nonprofits; The crown jewel of the shale patch braces for a Biden ban; California assemblyman says state’s push for electric vehicles fuels ‘environmental racism’; NATIONAL: US LNG export activity recovers after storm moves away from Gulf Coast; INTERNATIONAL: China lies and pursues coal strategy as naive enviros buy the hype; ConocoPhillips sees global oil demand returning, executive says; Are small scale plants the future for LNG?; Greta Thunberg and youth climate protests make a return.
Read More “Other Stories of Interest: Fri, Sep 25, 2020”
MARCELLUS/UTICA REGION: PUC orders Sunoco Pipeline to conduct public education & awareness meeting in Cumberland County; Boilermakers, CNX share stage to back fracking, pipelines and Trump; Energy secretary sees region’s plastics industry as critical; Trump slams Biden on fracking and trade at Pennsylvania rally; OTHER U.S. REGIONS: California should ban oilfield fracturing by 2024 and move to zero-emission vehicles by 2035, says Newsom; Can gas-fired power plants coexist with a net-zero target? Yes, Southern Company insists; NATIONAL: U.S. fracking services won’t recover to pre-pandemic levels until 2025; So, we’re back to “peak oil” again; Natural gas market deficit over winter may exceed 5 Bcf/d this coming cold season; INTERNATIONAL: OPEC+ agreement to reduce production contributes to global oil market rebalancing.
Read More “Other Stories of Interest: Thu, Sep 24, 2020”
MARCELLUS/UTICA REGION: Rep. Danielle “Karen” Otten caught trespassing in Mariner East fight; CNX Resources announces closing of $200 million senior notes offering; OTHER U.S. REGIONS: City bans natural gas in most new construction; NATIONAL: Video – Baseload Electricity; U.S. crude oil exports have fallen in each month since their record high in February; Lower natural gas production seen driving $2 price jump this winter; US shale production can reach new highs beyond 13 million b/d, but needs $60/b; Everything points to more natural gas, even for jurisdictions that try to avoid it; LDCs adopting high-tech solutions to get methane emissions under control; INTERNATIONAL: Energy transition could force majors to sell or swap $100B in oil and gas assets; UK set to accelerate ban on fossil-fuel vehicles to 2030.
Read More “Other Stories of Interest: Wed, Sep 23, 2020”
MARCELLUS/UTICA REGION: Monroe County compressed natural gas fueling station opens; OTHER U.S. REGIONS: Tellurian stretches loan due date again as Driftwood LNG commercial talks continue; NATIONAL: U.S. drilling total for 2020 will be lowest in more than 80 years; Here’s why natural gas is on the verge of breaking below $2; Industrial sector consumption of natural gas falls amid slowing economy; Moody’s forecasts natural gas price recovery, but substantial threats still loom; Democratic donors push Biden for a cabinet free of fossil fuel connections.
Read More “Shale Energy Stories of Interest: Tue, Sep 22, 2020”
MARCELLUS/UTICA REGION: U.S. Energy Secretary to tour Shell cracker plant today; Shell cracker approaching 5,000 workers; How Boilermakers Local 154 could win the election for Trump; OTHER U.S. REGIONS: LNG tanker queues develop on USGC as exporters ramp up production; NATIONAL: Biden flip-flops on fracking; Fracking is on the ballot; Trump would emphasize energy infrastructure build-out; E&Ps’ third-quarter results seen rebounding after a memorable, brutal spring; Natural gas inventories on a fast track for the 4 trillion cubic feet level; INTERNATIONAL: China increases imports of us oil ahead of November election.
Read More “Shale Energy Stories of Interest: Mon, Sep 21, 2020”
MARCELLUS/UTICA REGION: Most WV consumers will see lower natural gas rates this winter; NATIONAL: D.C Circuit Court stay’s U.S. EPA’s amendments to new source performance standards for oil/gas industry; EIA survey of energy use by U.S. manufacturers shows increased use of natural gas, HGLs; DUCs in a row: US shale players lean on uncompleted well inventory to power through 2020; Natural gas craters after weak demand, glut blindside bulls; Biden’s energy plan could wipe out 5M blue-collar jobs.
Read More “Shale Energy Stories of Interest: Fri, Sep 18, 2020”
OTHER U.S. REGIONS: How purple politics cost North Carolina’s energy consumers; A South Texas NGL alternative hub to Mont Belvieu?; Obstructionists’ victories aside, pipelines remain critical to America’s energy and environmental success; NATIONAL: FERC nominees promise impartial decision making in Senate hearing; U.S. gas exporters eye Europe’s surging prices; U.S. CEO group says it supports carbon pricing to fight climate change; Biden promises no new pipelines; INTERNATIONAL: Germany offered to build LNG terminals to avert U.S. pipeline sanctions; Cheniere gets $615M infusion from Abu Dhabi.
Read More “Shale Energy Stories of Interest: Thu, Sep 17, 2020”
OTHER U.S. REGIONS: The natural gas well that changed everything; Leftist Dem Congressman demands Weymouth compressor shut down; NATIONAL: U.S. LNG exports slip in July, average prices rise; Peak oil demand! Again?
Read More “Shale Energy Stories of Interest: Wed, Sep 16, 2020”
MARCELLUS/UTICA REGION: The greatest story Pennsylvanians were never told; OTHER U.S. REGIONS: Nearly 25% of US Gulf oil and gas volumes offline as Hurricane Sally nears; Colorado regulators pursue pseudo fracking ban, understanding the impacts; INTERNATIONAL: Why Nord Stream 2 is back in the spotlight.
Read More “Shale Energy Stories of Interest: Tue, Sep 15, 2020”
MARCELLUS/UTICA REGION: Pence touts ‘American energy renaissance’ in visit to Beaver County drilling site; W.Va. Coal Association criticizes Brooke County power project; OTHER U.S. REGIONS: Dominion Energy South Carolina celebrates milestone of serving 400,000 natural gas customers; What’s ailing California’s electric system?; NATIONAL: US oil policy at stake in November presidential election; Trafigura sees no US shale growth until end-2021 amid ‘enforced sabbatical’; The new geopolitics of energy; U.S. oil & gas rig count falls for the first time in four weeks; A secret recording reveals oil executives’ private views on climate change; The economics of U.S. LNG in a competitive global gas market; INTERNATIONAL: Saudi Aramco is now suffering the consequences of a failed oil price war; Greenpeace blocks tanker from delivering oil to Swedish refinery.
Read More “Shale Energy Stories of Interest: Mon, Sep 14, 2020”
OTHER U.S. REGIONS: Three things to know about Charleston, S.C.’s new climate lawsuit; Cheniere resumes normal operations at Sabine Pass LNG; NATIONAL: Energy industry warns of dire consequences if natural gas, oil development banned on public lands; U.S. natural gas prices to average $3.40 in January, says EIA; Fossil fuel-conscious financing decisions add wrinkle to North American LNG market; As renewables falter, environmentalists stand up for nuclear; US will need 280-300 rigs to maintain tight oil output once DUC wells run out; Trump to ban oil, gas drilling off US Florida, Georgia, South Carolina coasts; Baker Hughes to sell SPC flow unit to Pelican Energy Partners; INTERNATIONAL: Carbon-neutral LNG to increase costs of natural gas production, consumption; Did the Russian poison meant for Alexei Navalny kill Nord Stream 2 instead?; PTT reveals ambitious plan to make Thailand an LNG hub.
Read More “Shale Energy Stories of Interest: Thu, Sep 10, 2020”
MARCELLUS/UTICA REGION: Supreme Court of Ohio to decide three cases regarding subsurface rights; CNX Resources announces pricing of $200 million of senior notes; First natural gas terminal for tanker ships may get final vote; Labor union supports Danskammer energy project; OTHER U.S. REGIONS: More natural gas options coming to Botetourt County, Va.; NATIONAL: Natural gas price differentials to Henry Hub narrowed at most hubs in first half of 2020; McNamee leaves FERC; INTERNATIONAL: Shell sees natural gas as ‘destination fuel’; Mexico to present projects open to private capital as it moves to undo energy reform.
Read More “Shale Energy Stories of Interest: Wed, Sep 9, 2020”
MARCELLUS/UTICA REGION: Joe Biden says he won’t ban fracking, but can we believe him?; Pence to campaign in Westmoreland and Beaver counties Sept. 9; Klaber’s Viewpoint – The energy industry is resilient; Harvest Oil & Gas announces changes in board of directors; OTHER U.S. REGIONS: Key documents raise troubling questions about money behind Hoboken climate lawsuit; U.S. shale producers race for federal permits ahead of presidential election; NATIONAL: U.S. shale recovery leans on huge inventory of DUCs; US oil, gas rig count rises by three to 285 heading into last trimester of 2020; Highlights of Joe Biden’s [horrible] energy plan; Rush Limbaugh likens Biden rejecting fracking ban to ‘me telling you that I’ve never been a conservative’; Why midstreamers depend on pigs; U.S. LNG exports: outlook improves as macro headwinds ease; Is the energy transition really accelerating?; Schlumberger deal shows hope for battered oil services sector; INTERNATIONAL: Russian led Nord Stream II in trouble over Navalny poisoning.
Read More “Shale Energy Stories of Interest: Tue, Sep 8, 2020”