Best of the Rest

NATIONAL: House Republicans propose carbon capture and sequestration legislation; Trump sends Danly’s FERC nomination to Senate for second time; Pressure rises on the oil and gas industry to address gas flaring; How the left occupies Attorneys General offices: a case study in capture; Stop playing games with America’s energy future; Enverus and RS Energy Group combine forces; INTERNATIONAL: BP lays out long-term ambition to achieve net-zero emissions; Despite phase-out pledge, EU will continue to fund gas projects.
Read More “Shale Energy Stories of Interest: Thu, Feb 13, 2020”

MARCELLUS/UTICA REGION: Longtime Pennsylvania state Sen. Andy Dinniman is retiring; OTHER U.S. REGIONS: Why Shell drilled a “horseshoe” well in the Permian Basin; Holmdel residents sign petition opposing NJNG regulator station; NATIONAL: Look how low oil prices have fallen: 6 impacted industries; Tallgrass Energy announces new commercial officer, establishing Houston office; About 13% of U.S. electricity generating capacity can switch between natural gas and oil; NARUC publishes handbook on state natural gas distribution infrastructure replacement programs; People out there turnin’ natgas into gold – NGLs, gas processing and the frac spread; Money & power: new FOIA’d documents offer ugly candor about ‘green energy’; U.S. Department of Energy issues four LNG export approvals; Pew Research 2019 survey: ‘climate change’ still ranks as low priority – 17th place out of 18; INTERNATIONAL: Russia is ‘fearful’ of US competition in the European gas market, official says.
Read More “Shale Energy Stories of Interest: Wed, Feb 12, 2020”

MARCELLUS/UTICA REGION: Ohio shale gas permits slow in the face weak gas prices; Protect PT to host workshop against fracking; Chesapeake Energy requests waiver on setback to drill well in Bradford County; Why Pa.’s public pension funds have millions of dollars of your money tied up in the natural gas industry; NATIONAL: Could the flight shaming movement take off in the U.S.? JetBlue thinks so.; Alternative energy can’t replace hydrocarbons; Unlike in Europe, the US approach to climate change is actually working; A climate blacklist that works: “It should make her unhirable in academia”; INTERNATIONAL: Power and natural gas roil energy shift: what to know at E-World; Oil prices could fall much further as Russia refuses additional production cuts.
Read More “Shale Energy Stories of Interest: Mon, Feb 10, 2020”

MARCELLUS/UTICA REGION: Appalachia, Permian drop by five rigs each in biggest play changes; Fake news is fracking endemic in environmentalism; OTHER U.S. REGIONS: New olefins cracker starts service in Louisiana; NATIONAL: Natural gas: capital retreat to send prices 50% higher; U.S. natural gas prices dip to four-year lows; Total’s U.S. portfolio said ready to drive global LNG sales growth; Energy Capital pauses pipeline deals on widening shale despair; Liberty Oilfield deploys new frac fleet, plans new build; Exxon: shale production growth is through the roof, and it’s just getting started; INTERNATIONAL: U.S. LNG export arb said ‘nearly’ shut as coronavirus curbs Asian buying; Failed OPEC response to coronavirus shows Russia is in charge; China reneges on commodity deals, worsens global trade chaos.
Read More “Shale Energy Stories of Interest: Fri, Feb 7, 2020”

MARCELLUS/UTICA REGION: Tom Wolf throws trades overboard to sail with fellow trust-funders; OTHER U.S. REGIONS: Legal cloud lifted, Tellurian LNG tycoon glad to get back to work; NATIONAL: TPH drops 2020 natural gas price to $2.06/Mcf; INTERNATIONAL: Coronavirus prompts CNOOC to declare force majeure on LNG deals; Cheniere Energy continues to supply liquefied natural gas to China; Mark Ruffalo calls on European Parliament to block new gas projects.
Read More “Shale Energy Stories of Interest: Thu, Feb 6, 2020”

MARCELLUS/UTICA REGION: Coal-fired electricity generation in New England and New York has diminished; Trump popularity reigns in Ohio county tying its future to natural gas; Students are celebrating a small victory after Penn announced it won’t invest directly in some fossil fuels; South Philly refinery sale delayed, and will not be resolved this week; Equitrans adds 2 energy execs to its board of directors; Chevron CEO talks about the decision to pull out of Appalachia; OTHER U.S. REGIONS: BJ Services testing natural gas-fired turbine for frac crews in Haynesville Shale; Activists against gas-fired power plants rally at State Capitol; NATIONAL: U.S. onshore gas, oil production to ‘calm…not cease,’ says TIPRO; ‘All-electric’ movement picks up speed, catching some off guard; INTERNATIONAL: Britain plans to ban sales of new gasoline cars by 2035, but details are fuzzy; Coronavirus has OPEC in a panic.
Read More “Shale Energy Stories of Interest: Wed, Feb 5, 2020”

MARCELLUS/UTICA REGION: Philly refinery’s former owner, Sunoco, files formal objection ahead of bankruptcy sale; Sanders’ proposed fracking ban would cost him Pennsylvania and probably the election; Veolia Water Technologies may close Moon Township office; Cabot to provide lunch at Susquehanna County Ag Day; OTHER U.S. REGIONS: Kean, Thompson slam Gov. Murphy’s energy master plan to shut off natural gas by 2050; Flurry of changes continue in Texas Gulf Coast gas markets; NATIONAL: U.S. crude oil and natural gas production increased in 2018, with 10% fewer wells; Elizabeth Warren’s gas royalties; US natural gas prices continue freefall this winter; Natural gas waits for spring; INTERNATIONAL: Natural gas won’t decarbonize shipping, but the fuel is here to stay; Cruise ships switching fuel to cleaner liquefied natural gas.
Read More “Shale Energy Stories of Interest: Tue, Feb 4, 2020”

MARCELLUS/UTICA REGION: Wolf makes nearly $6 billion in pre-budget address announcements; Pipeline projects create jobs, grow unions; Dominion submits request to plug 3 gas storage wells in Westmoreland County; Newly revealed restrictions challenge redevelopment of bankrupt Philly refinery’s land; Proposed fund to help spur WV investment; NATIONAL: EID investigation sheds light on activist-driven media platform; A battle of interference: New York attorney general seeks to block group’s effort to intervene; U.S. oil fields flared and vented more natural gas again in 2019.
Read More “Shale Energy Stories of Interest: Mon, Feb 3, 2020”

MARCELLUS/UTICA REGION: PA DEP to unveil draft regs to participate in RGGI, capping CO2 emissions from power plants, Feb. 13; OTHER U.S. REGIONS: Arizona Senate panel – cities can’t stop developers from using natural gas; NATIONAL: Greenpeace pressures Democrats to reinstate the crude export ban; Reinstating the crude export ban would be a gift to OPEC and Russia; INTERNATIONAL: Japan’s average LNG import price to drop in 2020.
Read More “Shale Energy Stories of Interest: Fri, Jan 31, 2020”

OTHER U.S. REGIONS: Fracking ban is unwarranted and would be costly to Virginia residents; NATIONAL: Oil and gas industry applauds Trump signing of USMCA into law; ‘Gasmageddon’ is here, with natgas prices averaging $1.99 in 2020, say analysts; Natural gas prices are poised to move above $3 as production declines; UPS jumps into the future with plan to buy 10,000 electric vans; INTERNATIONAL: No, banks don’t hold the key to climate change; Russia, China and the U.S. are forever changing the global gas market.
Read More “Shale Energy Stories of Interest: Thu, Jan 30, 2020”

MARCELLUS/UTICA REGION: Edgeworth council approves restrictions on natural gas development; Protesters urge Pitt vote on fossil fuel divestment; OTHER U.S. REGIONS: Cambridge, MA discusses natural gas ban, adopts motion to convene stakeholder meetings; INTERNATIONAL: LNG prices fall to 10-year low; India wants to delink Qatar gas supply deals from crude, Qatar says no.
Read More “Shale Energy Stories of Interest: Wed, Jan 29, 2020”

OTHER U.S. REGIONS: FERC staff issues supplemental EIS for Magnolia LNG capacity project; NATIONAL: Cheniere hits 1000 LNG cargoes milestone; EIA forecasts U.S. crude oil production will keep growing through 2021, but more slowly; Shale production is on DUC life support and will need it going forward; As gas prices crash, will this shale giant survive?; Will Democrats embrace fossil fuels in crucial swing states?; BERNing Down America (video); INTERNATIONAL: China’s promise to buy more US energy probably unachievable.
Read More “Shale Energy Stories of Interest: Tue, Jan 28, 2020”

MARCELLUS/UTICA REGION: Raising drilling permit fees by 150 percent will hurt Pennsylvania’s economy; Another oil major bails on Marcellus shale; Shale Crescent USA wins award; WVU Board of Governors approves switch to natural gas boiler; Plant will operate safely, provide a lot of jobs; Delaware Riverkeeper filing shows DRBC was lying to state reps; OTHER U.S. REGIONS: Environmentalists to California restaurants: drop lawsuit over Berkeley gas ban; NATIONAL: U.S. oil rigs up, natural gas rigs down in latest count; U.S. LNG exports reach third place in 2019, with much more coming; INTERNATIONAL: Why the Coronavirus is a real threat to oil markets.
Read More “Shale Energy Stories of Interest: Mon, Jan 27, 2020”

MARCELLUS/UTICA REGION: Hilco’s $240 million bid for South Philly refinery wasn’t the highest offer, aggrieved creditors say; Former EQT CEO looking to help Houston energy tech company grow; OTHER U.S. REGIONS: Statewide poll: New Jersey consumers want affordable natural gas; NATIONAL: Energy companies darken S&P 500 profit picture; Nearly 20,000MW of distributed natural gas capacity expected per annum; Trump draws battle lines against Democrats and ‘prophets of doom’ at Davos; Exxon isn’t the oil user. You are.; Natural gas buyers party like it’s 1999; U.S. LNG booms as natural gas prices crash.
Read More “Shale Energy Stories of Interest: Fri, Jan 24, 2020”

MARCELLUS/UTICA REGION: Restricting natural gas access in Westchester is a bad play; EQT wants out of stock-drop suit over Rice Energy merger; NATIONAL: McDermott expects natural gas, oil projects to ‘seamlessly’ continue through Chapter 11 process; Kinder Morgan and Baker Hughes find profits amid shale slump; U.S. shale has already peaked for major service companies; Democrats’ war on fracking will cost them in battleground states; Industrials call for extra US FERC oversight of gas pipe capacity reliability.
Read More “Shale Energy Stories of Interest: Thu, Jan 23, 2020”

MARCELLUS/UTICA REGION: Ohio Supreme Court to rule whether ODMA supersedes OMTA in severed O&G interests; Dominion Energy donates $1.6 million to nonprofits; M-U rig counts steady this month, down sharply from last year; OTHER U.S. REGIONS: Virginia Senate panel OKs offshore drilling, fracking bans; NATIONAL: EIA predicts crude oil prices to fall 1H20, then rise in 2021; Climate serfdom is no future, it’s the road to destruction; Halliburton right sizing North American land business to hold market share; INTERNATIONAL: Trump tries out new climate line of attack; Trump urges Europe to embrace LNG, reject climate ‘pessimism’; A competitive analysis of the European gas market: implications for natural gas producers.
Read More “Shale Energy Stories of Interest: Wed, Jan 22, 2020”