Best of the Rest

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”

MARCELLUS/UTICA REGION: Area residents respond to oil, gas documentary about plastic problem; FERC decision this week for PennEast Pipeline; OTHER U.S. REGIONS: San Francisco bans natural gas in new, remodeled municipal buildings; Protests target a ‘carbon bomb’ linking two major pipelines outside Boston; Persistent fog reduces activity at Cheniere’s Sabine Pass LNG terminal; NATIONAL: EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021; Schlumberger plans U.S. pullback as shale oil drillers struggle; Natural gas 2019 review and what lies ahead in 2020.
Read More “Shale Energy Stories of Interest: Tue, Jan 21, 2020”

MARCELLUS/UTICA REGION: Tenaska offering scholarships to students from Belle Vernon, Yough; Steel Nation names director of business development; OTHER U.S. REGIONS: Wisconsin regulators approve Superior natural gas plant; Exxon says Mass. AG timed climate suit with NY trial; Harvard students [enviro fascists] threaten to boycott Paul Weiss over Exxon; NATIONAL: U.S. natural gas exports to grow with new LNG capacity start-ups; EIA forecasts slower growth in natural gas-fired generation while renewable energy rises; Trade deal for now unlikely to give U.S. LNG exports a boost; US oil, gas rig count rises by five to 840; Growing gap in U.S. natural gas hub prices blamed on Louisiana pipeline congestion; Energy companies seize the day with bond refinancings; INTERNATIONAL: New Panama Canal fees not seen dampening U.S. LNG exports; Swedes vote climate policy biggest waste of taxpayer money in 2019.
Read More “Shale Energy Stories of Interest: Fri, Jan 17, 2020”

NATIONAL: Group intervenes in New York’s Exxon case, seeking communications with activists; The effect of oil prices on natural gas production; U.S. energy exports to climb as China pledges ramp-up in purchases; Better days ahead for battered oilfield services sector; Democrats’ Green New Deal becomes the CLEAN Future Act; INTERNATIONAL: Data “free-for-all” after talks with shale producers: OPEC.
Read More “Shale Energy Stories of Interest: Thu, Jan 16, 2020”

MARCELLUS/UTICA REGION: ODNR issues 4 Utica drilling permits; W.Va. 2/I-68 authority searching for support; OTHER U.S. REGIONS: Tractor trailer carrying natural gas hits plow, tips over on I-95 in Maine; NATIONAL: New electric generating capacity in 2020 will come primarily from wind and solar; PHMSA issues final rule for underground natural gas storage facilities; INTERNATIONAL: Encana shareholders overwhelmingly OK moving to Denver, rebranding as Ovintiv.
Read More “Shale Energy Stories of Interest: Wed, Jan 15, 2020”

NATIONAL: U.S. coal-fired power plants closing fast despite Trump’s pledge of support for industry; U.S. oil and natural gas proved reserves and production set new records in 2018; FERC pipeline appeal delays defy due process, DC Circ. told; The oil and gas situation: in the midst of a major global boom.
Read More “Shale Energy Stories of Interest: Tue, Jan 14, 2020”

NATIONAL: E&Ps continuing to pull back as U.S. rig count plunges further; Energy sector predictions for 2020; Mild winter sends U.S. natural gas prices tumbling; INTERNATIONAL: BC authorities investigating deadly traps discovered along Coastal GasLink route; Russian gas pipeline to Europe faces delay due to U.S. sanctions.
Read More “Shale Energy Stories of Interest: Mon, Jan 13, 2020”