- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Equinor posts $2.12B loss in Q3
Norway’s Equinor posted on Thursday a net loss of $2.12 billion in the third quarter of 2020, hit by weak hydrocarbon prices but, mostly, impairment charges due to reduced future price assumptions.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Sinopec eyes hydrogen supply chain push
China’s Sinopec is said to be ready to push development and investments towards the hydrogen supply chain, seeking leadership in future energy sources, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
China’s gas demand to grow 10% this winter
Chinese demand for natural gas is expected to grow by 10% year-on-year this winter, as a Covid-19 recovery spurs higher residential and industrial consumption, state oil companies said on Thursday.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Sinopec posts $3.64 billion net profit in Q3
China’s Sinopec reported a net profit attributable to shareholders of 24.45 billion yuan ($3.64 billion) during the third quarter, while boosting natural gas sales and maintaining production levels, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Novatek’s Q3 natgas production up 4.5%
Russia’s largest independent gas producer, Novatek, saw its production rise 4.5% year-on-year during the third quarter of 2020, despite a slight decline in total sales volumes, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Shell starts its new ‘era’ raising dividends
Royal Dutch Shell said Thursday it is starting a new era of dividend growth, as it announced a portfolio reshape to meet cleaner energy needs, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
ConocoPhillips reports 3Q net loss of $450M
ConocoPhillips has reported a third quarter 2020 net loss of $450 million or 42 cents per share, Kallanish Energy reports. That compares to 3Q 2019 net earnings of $3.1 billion or $2.74 per share.- Joe Barone, Shale Directories
- Blog
- October 30, 2020
Six contractors hired to build Keystone XL in US
TC Energy on Thursday awarded more than $1.6 billion in contracts to six major American contractors to build more than 800 miles of the now-stalled Keystone XL Pipeline in three states in 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 29, 2020
Chevron confirms layoff plans at Noble Energy
Chevron is set to lay off around 25% of Noble Energy’s employees who joined the supermajor after the Noble acquisition completed on October 5, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 29, 2020
Eni looks forward to demand recovery, green transition
Italy’s Eni said on Wednesday it’s looking forward to a recovery in oil and gas demand, while continuing to pursue its energy transition plans, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 29, 2020
Arctic LNG 2 inks 30-year charger agreements for LNG fleet
Novatek said on Wednesday Arctic LNG 2 has entered into long-term charter agreements on six Arc7 ice-class LNG tankers, three with Sovcomflot and three with Mitsui O.S.K.,- Joe Barone, Shale Directories
- Blog
- October 29, 2020
Vietnam green lights AES-PetroVietnam LNG-to-power project
PetroVietnam Gas is set to sign a $2.8 billion deal with U.S.-based energy company AES, the U.S. Secretary of State Mike Pompeo said on Wednesday.- Joe Barone, Shale Directories
- Blog
- October 29, 2020
XOM, Jera ink MoU on Vietnam LNG-to-power project
ExxonMobil and Jera signed on Wednesday a Memorandum of Understanding (MoU) to work together on the potential construction of an LNG-to-power project in Hai Phong, Vietnam.- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Electricity transformation requires greater efforts, flexibility: IEA
As the world undergoes the “most dramatic” transformation in the electricity sector, industry and governments should pay close attention to evolving challenges, the International Energy Agency (IEA) said on Tuesday.- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Gazprom opens Europe’s largest natural gas filling station in Moscow
Russia’s Gazprom continues to expand its natural gas vehicle (NGV) business both home and abroad, with of one of Europe’s largest gas refuelling stations opening in Moscow on Tuesday.- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Dana Gas sells onshore Egyptian assets
Dana Gas has agreed to sell its onshore Egyptian producing oil and gas assets to IPR Wastani Petroleum for $236 million including contingent payments, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Oman LNG exports down 10% so far this year
Omani liquefied natural gas (LNG) exports are 10% lower so far this year than in 2019, but that’s not all bad news for the Middle Eastern country, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 28, 2020
bp sees 17% decline in gas production, prices in Q3
bp posted on Tuesday a 17% year-on-year decline in its natural gas production and realized gas prices during the third quarter of 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2020
New York City tidal project begins service
Verdant Power has simultaneously installed three pilot tidal power turbines at its Roosevelt Island Tidal Energy Project site on the East River in New York City, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2020
Iberdrola to operate 50-MW battery storage in Australia
Spain’s utility giant Iberdrola said Monday it will operate a 50-megawatt (MW) battery-powered energy storage system in New South Wales, Australia, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2020
Spain’s HAM to deliver Chile’s first LNG station
Spanish LNG services provider, HAM Group, will build Chile’s first LNG refuelling station through a partnership with local company Lipigas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2020
Enagás, Edison to collaborate in small-scale LNG in Mediterranean
Spanish transmission system operator (TSO) Enagás has joined forces with its Italian counterpart Edison to develop small-scale liquefied natural gas (LNG) in the Mediterranean, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2020
Total joins EV charging trade body in Europe
Total said Monday it has joined the ChargeUp Europe alliance, which claims to be the voice of the electric vehicle (EV) charging industry in Europe, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 26, 2020
EQT in talks to sell its MVP capacity
EQT is in the middle of discussions to sell some or all of its capacity on the now-stalled Mountain Valley natural gas pipeline, perhaps by Dec.- Joe Barone, Shale Directories
- Blog
- October 26, 2020
Addition to Calif. solar, battery storage project
Canadian Solar Inc. has announced a supply contract and long-term service agreement to deliver and integrate a 75 megawatt/300 megawatt hour lithium-ion battery storage project in California, Kallanish Energy reports.North American rig count increases by eight: BH
The North American rig count continued inching upward in the latest count from Baker Hughes, Kallanish Energy reports. The U.S. count increased by five rigs and the Canadian count increased by three rigs in the Oct.- Joe Barone, Shale Directories
- Blog
- October 26, 2020
New York to transition seven peaker gas-fired power plants
The New York Power Authority is looking at renewables with battery storage and low-to-zero carbon emission technologies to meet the peak energy demands of New York City and Long Island, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
Kinder Morgan reports $455M profit in 3Q 2020
Texas-based pipeline operator Kinder Morgan reported a net gain of $455 million or 20 cents per share in the third quarter 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
EQT reports $601M loss in 3Q 2020
EQT, the largest producer of natural gas in the United States, reported a net loss of $601 million or $2.35 in the third quarter 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
CNOOC’s Q3 revenues down 27%, production up 5%
China’s CNOOC said on Thursday its third-quarter revenues declined 26.8% year-on-year dragged down by low oil prices, Kallanish Energy reports. The company noted in its quarterly operational update that revenues dropped to RMB 35.55 billion, with its realized oil prices falling 29.3% to average $43.03 per barrel.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
India’s LNG imports rise 6.2% in September
India’s liquefied natural gas (LNG) imports were up 6.2% year-on-year in September, as consumption is now moving towards pre-Covid levels, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
Snam to study hydrogen for rail in Italy
Italian gas infrastructure operator Snam and state-owned rail network manager FS Italiane will investigate the technical and economic feasibility of hydrogen for rail transport in Italy.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
Spanish natgas demand continues recovery: Enagas
Spanish natural gas demand continues to recover since a pandemic-induced collapse, and is expected to end 2020 higher than 2018 figures, according to grid operator Enagas.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
Shell addresses safety concerns from trade union
Royal Dutch Shell has dismissed “major safety concerns” allegations brought up by the UK’s largest trade union, Unite, reassuring safety of its operations remain paramount, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 23, 2020
Agreement signed on Texas LNG bunker terminal
Pilot LNG LLC and GAC Bunker Fuels have signed an agreement for the supply of liquefied natural gas (LNG) as a marine fuel from the planned Galveston LNG Bunker Port terminal project in Texas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
NIPSCO plans 900MW solar, battery storage in Indiana
Northern Indiana Public Service Co. LLC (NIPSCO) announced on Wednesday that it intends to develop an additional 900 megawatts of solar power and battery storage in Indiana, as part of its long-term generation strategy, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
Texas wind project begins commercial operations
Partners Tri Global Energy and Denmark-based Copenhagen Infrastructure Partners have started commercial operations at a 162-megawatt wind project in West Texas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
Exmar, YPF settle on Tango FLNG dispute
Belgium shipping company, Exmar, and Argentine energy firm, YPF, have agreed on a $150 million settlement related to the early termination of a charter contract, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
Baker Hughes reports $170M loss in 3Q
Baker Hughes on Wednesday reported a third quarter 2020 net loss of $170 million or 25 cents per share, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
Biden’s $2T clean energy plan could threaten gas industry
U.S. Presidential candidate Joe Biden’s $2 trillion clean energy plan could end natural gas consumption in power generation within 15 years, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
2021 poised to be ‘bumper year’ for upstream M&A: WoodMac
2021 could be a bumper year for upstream M&A with deals potentially reaching $10-15 billion in the Asia Pacific region, Wood Mackenzie said on Tuesday.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
Turkey tops up Tuna-1 gas discovery volumes
Turkey has topped up its Tuna-1 natural gas discovery in the Black Sea by 85 billion cubic meters (Bcm) to 405 Bcm, as it continues the search for its own hydrocarbons, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
Virginia DEQ to hire environmental justice staffer
Virginia’s Department of Environmental Quality (DEQ) will be creating a new director of environmental justice to lead the agency’s new Office of Environmental Justice, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
Appeals court halts MVP construction from resuming
A federal appeals court has blocked construction from resuming on the stalled Mountain Valley Pipeline in West Virginia and Virginia, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
China boosts daily gas intake from Gazprom by 20%
China appetite for Russian gas is surging, with daily supplies from the Power of Siberia pipeline exceeding its contractual volumes by 20%, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
Wind, solar costs to further pressure coal/gas powergen in 2025: BNEF
Wind and solar energies are already the cheapest source of power generation in most places, and by 2025 it will be cheaper to build a new wind/solar farm than run an existing coal/gas-fired power plant.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
PGNiG inks gas supply deal with Aker BP
Polish state oil and natural gas company, PGNiG, will supply Norweigan gas to Aker BP, under a contract starting this month, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
ConocoPhillips, Concho announce $9.7B merger
ConocoPhillips and Concho Resources on Monday announced they have entered into a definitive agreement to combine companies in an all-stock transaction worth $9.7 billion, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 19, 2020
FERC proposal would back state, ISO carbon pricing
The Federal Energy Regulatory Commission has proposed a new rule giving it the authority over wholesale electric markets rules and encouraging state and regional power grid operators to set carbon prices as a way to accelerate the growth of clean power, Kallanish Energy reports.US rig count increases by 13 rigs: Baker Hughes
The newest United States rig count was the type that oil and gas operators have been dreaming about since March after months of declining rig counts, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 19, 2020
US LNG exports begin recovery in August
U.S. liquefied natural gas (LNG) exports increased 14.7% in August, as facilities shipped five more cargoes than the previous month, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
New Fortress, Philippines sign LNG MoU
New York-based New Fortress Energy Inc. has signed a memorandum of understanding with the Philippine National Oil Co. to advance the development of infrastructure to supply natural gas to the Philippines, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
Briefs filed in MVP Southgate extension fight
Three environmental groups have filed a brief to support the decision by a North Carolina agency to reject plans to extend the 303-mile Mountain Valley natural gas pipeline, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
European EV market share to treble despite pandemic
Europe’s electric vehicles (EVs) market share is set to treble this year to 10%, despite the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
Total, Adani expand Indian solar portfolio to 2.3GW
France’s Total added three new solar power plants to its portfolio in India, through a partnership with AGEL, the renewables subsidiary of the Adani Group.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
Høglund joins concept development of wind/LNG-run vessels
Norway’s marine technology provider Høglund Marine Solutions has acquired a majority stake in Vindskip AS – a company developing a wind/LNG-powered vessel concept.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
EU sets actions to curtail methane emissions home and abroad
The European Union (EU) published on Wednesday its first strategy to tackle methane emissions since 1996, as part of its Green Deal and carbon-neutrality goals.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
Norway’s Hammerfest LNG to reopen in January
Norway’s Hammerfest LNG isn’t expected to resume operations this year, as operator Equinor continues to carry out an investigation into a serious incident late last month.- Joe Barone, Shale Directories
- Blog
- October 16, 2020