- Joe Barone, Shale Directories
- Blog
- January 24, 2020
NextEra Energy Partners to focus on growth, not acquisitions
Florida-based NextEra Energy Partners said on Friday it expects to achieve long-term growth without committing to further acquisitions at least until 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 24, 2020
Virginia AG files Supreme Court brief opposing ACP
Virginia attorney general Mark Herring this week filed a brief in the Atlantic Coast Pipeline (ACP) natural gas line case at the U.S.- Joe Barone, Shale Directories
- Blog
- January 24, 2020
Phillips 66 CEO takes reins of oil and gas trade group API
The CEO and chairman of Phillips 66 has been named chairman of the oil and gas industry’s top trade group, the American Petroleum Institute (API), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 23, 2020
BP pulls out of Iraq’s Kirkuk field as expansion plans stall
BP has pulled out of Iraq’s giant Kirkuk oilfield after its $100 million exploration contract expired with no agreement on the field’s expansion, three sources told Reuters.- Joe Barone, Shale Directories
- Blog
- January 21, 2020
Sinopec to review potential $16B Cheniere deal: sources
China’s Sinopec is planning to review terms of a potential $16 billion liquefied natural gas supply deal with Cheniere Energy, industry officials told Reuters.- Joe Barone, Shale Directories
- Blog
- January 20, 2020
Shell, CNOOC mull new chemical plant in China
Royal Dutch Shell has signed a memorandum of understanding (MoU) with CNOOC to build a chemical plant in Huizhou, in south China, Kallanish Energy reports.Working-rig count climbs by baker’s dozen
In the last two working-rig surveys, the number of rigs working onshore in the Lower 48 U.S. states has fallen by 13 and,in the latest survey, risen by the same number – the biggest one-week positive move since a 17-rig jump recorded the week ended April 5, 2019.- Joe Barone, Shale Directories
- Blog
- January 20, 2020
Freeport LNG’s Train 2 begins commercial operations
Freeport LNG’s Train 2 has started commercial operations, Kallanish Energy reports. That announcement of the initial LNG deliveries to BP under a 20-year tolling agreement came last Friday. Freeport- Joe Barone, Shale Directories
- Blog
- January 17, 2020
Enbridge Gas holding open season for storage at Dawn Hub
Enbridge Gas is holding a binding open season for up to 1 billion cubic feet (Bcf) of peak storage service at the Dawn Hub storage facility in Ontario, beginning as early as April 1, 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 16, 2020
Oil down slightly after US-China trade deal, US product build
Crude oil prices were down slightly Wednesday, pressured early by data showing big increases in U.S. refined products, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 16, 2020
GM bids to buy land for new Ohio battery factory
General Motors wants to build a new $2.3 billion battery factory in Lordstown, Ohio, adjacent to its former car assembly plant that it shuttered and sold in 2019, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- January 14, 2020
NOAA finds little wrong with Oregon pipeline
The National Oceanic and Atmospheric Administration stated the environmental impact of a proposed liquefied natural gas terminal and pipeline in southern Oregon would be minimal, The Associated Press reported Sunday.- Joe Barone, Shale Directories
- Blog
- January 14, 2020
Oil markets will have to rethink global supply predictions
There could be a reworking of oil market expectations regarding an “ample” global oil supply, Bahrain’s oil minister said Monday, despite expectations U.S.- Joe Barone, Shale Directories
- Blog
- January 13, 2020
Crude slips as investors focus on US inventories
Brent crude oil slipped further towards $65 a barrel on Friday as tensions in the Middle East concerning Iran eased as investors focused on rising U.S.- Joe Barone, Shale Directories
- Blog
- January 13, 2020
Aramco raises IPO to record $29.4B by share over-allotment
Saudi Arabia-owned Saudi Aramco said Sunday it had exercised its over-allotment to sell an additional 450 million shares in the oil giant, raising the size of its initial public offering to a record $29.4- Joe Barone, Shale Directories
- Blog
- January 10, 2020
Oil falls as focus shifts from Iran tensions to US crude stocks
Crude oil prices fell further Thursday after sharp losses in the day-earlier session, as the market shifted its focus towards rising U.S.- Joe Barone, Shale Directories
- Blog
- January 10, 2020
Oxy soon to begin cutting jobs post-Anadarko takeover
Occidental Petroleum said Wednesday it would begin cutting personnel in a new cost-cutting move following its $38 billion acquisition of Anadarko Petroleum, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- January 9, 2020
Bright Canyon Energy buys ownership in 2 wind farms
Independent energy project developer Tenaska and electric infrastructure company Bright Canyon Energy said Wednesday Bright Canyon has acquired ownership interests in two Tenaska-developed wind farms, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 9, 2020
Crude falls after Trump says Iran ‘appears to be standing down’
Crude oil prices continued to fall Wednesday after President Trump said Iran is standing down in the Middle East and the U.S.- Joe Barone, Shale Directories
- Blog
- January 8, 2020
Shuttering coal plants saved 26,000 US lives: study
The decline of coal could be saving thousands of U.S. lives as power plants reduce air pollution by switching to natural gas, according to a study published Monday.- Joe Barone, Shale Directories
- Blog
- January 6, 2020
Tenaris closes $1.1B buy of pipemaking rival
Luxembourg-based steel pipe maker Tenaris said last week it’s closed the $1.07 billion acquisition of IPSCO Tubulars from Russian steelmaker TMK, becoming the largest steel pipe maker in North America, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- January 6, 2020
US O&G M&A poised for recovery: Enverus
A total of $96 billion of U.S. oil & gas merger and acquisition transactions took place in 2019, including $11 billion in the final three months of the year, according to data analytics firm Enverus.- Joe Barone, Shale Directories
- Blog
- January 3, 2020
Pemex’s plan to speed up drilling leads to re-bids
Efforts by Mexico’s national oil company, Pemex, to drill new wells at 20 “priority” fields largely using smaller, local service providers isn’t working, with the company expected to re-bid some of the work this year, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- January 3, 2020
Oxy strengthens board, adds former Schlumberger CEO
Occidental Petroleum added to its board of directors Thursday with the appointment of a former Schlumberger CEO, as Oxy looks to score points with its shareholders after risking its future to buy Anadarko Petroleum for $38 billion in 2019.- Joe Barone, Shale Directories
- Blog
- December 27, 2019
Tax dollars for Ohio from 2 gas lines may be less than expected
Developers of two new natural gas pipelines in Ohio want to reduce their valuation, which would decrease by millions anticipated tax dollars slated for schools and municipalities, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 27, 2019
Oil gains 1% on US-China deal expectations
Oil prices rose Tuesday in thin pre-Christmas trading after Russia said cooperation with Opec on supply cuts would continue and amid optimism the U.S.- Joe Barone, Shale Directories
- Blog
- December 23, 2019
Work on Nord Stream 2 may stop on Trump sanctions
Switzerland’s AllSeas Group SA said it would halt operations on the Nord Stream 2 natural gas pipeline from Russia to Germany, as President Trump approved sanctions targeting the project, Kallanish Energy learns.Fracking ban would gut US economy: study
By 2025, the price of gasoline would double and government revenue would plummet by almost $1.9 trillion, according to What If … Hydraulic Fracturing Was Banned?- Joe Barone, Shale Directories
- Blog
- December 19, 2019
DPL selling 2 Ohio coal-fired plants
DPL Inc., parent of utility Dayton Power & Light has sold two Adams County, Ohio coal-fired power plants it retired last year, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- December 19, 2019
McDermott, partners announce 1st cargo from Freeport Train 2
McDermott International and partners Chiyoda International Corp. and Zachry Group, announced Wednesday the first commissioning cargo of liquefied natural gas (LNG) has been shipped from Train 2 of the Freeport LNG project, on Quintana Island in Freeport, Texas.- Joe Barone, Shale Directories
- Blog
- December 19, 2019
Crude Oil down slightly after smaller-than-expected US inventory fall
Crude oil prices slightly fell Wednesday after Energy Information Administration data showed a decline in crude inventories and on expectations for an increase in demand in 2020 due to progress in resolving the U.S.-China- Joe Barone, Shale Directories
- Blog
- December 18, 2019
Noble Energy, Noble Midstream moving to Nasdaq
Independent producer Noble Energy and its midstream affiliate Noble Midstream have announced both are moving their stock listing to the Nasdaq Global Select Market from the New York Stock Exchange, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 13, 2019
Basalt acquires gas transmission business
A fund managed by infrastructure investment fund Basalt Infrastructure Partners II GP Ltd. has acquired Third Coast Midstream’s natural gas transmission business, rebranding the assets Black Bear Transmission.- Joe Barone, Shale Directories
- Blog
- December 13, 2019
ONEOK’s Elk Creek line flowing NGL
Midstreamer ONEOK this week announced its Elk Creek Pipeline is now flowing natural gas liquids 900 miles, from the Williston Basin to ONEOK’s Mid-Continent NGL facilities in Bushton, Kansas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 12, 2019
EPIC ships 1st crude from Corpus Christi
Texas-based EPIC Crude Holdings said Wednesday one of its subsidiaries has loaded and launched the first shipment of crude oil from the IGC marine terminal, located on the Inner Harbor of the Corpus Christi (Texas) Ship Channel.- Joe Barone, Shale Directories
- Blog
- December 12, 2019
Ironwood Midstream closes South Texas buy
Ironwood Midstream Energy Partners II announced it’s closed on the acquisition of midstream assets located in South Texas from Twin Eagle Gardendale Pipeline LLC, a unit of Twin Eagle Holdings N.A.- Joe Barone, Shale Directories
- Blog
- December 12, 2019
Crude oil falls on surprise US inventory build
Crude oil prices dropped roughly 1% Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a new round of tariffs by Washington on Chinese goods would come into force Sunday.- Joe Barone, Shale Directories
- Blog
- December 11, 2019
Oil rises, but US-China trade war impacts outlook
Crude oil prices slightly rose Tuesday as Opec+’s deal last week to raise output cuts in 2020 continued to provide a floor for prices.- Joe Barone, Shale Directories
- Blog
- December 11, 2019
Chevron hints at divesting Appalachian assets
Chevron hinted Tuesday its Appalachian shale assets could soon be up for sale, along with other parts of its asset portfolio, as the oil supermajor moves to “invest in the highest return, lowest risk projects … ,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 11, 2019
XOM beats New York’s climate-change accounting case
New York state’s Attorney General failed to prove ExxonMobil (XOM) mislead shareholders over the true cost of climate change, a judge ruled Tuesday, ending the supermajor’s four-year battle against the state, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 10, 2019
Ecuador inks service pacts for 6 oilfields
Ecuador’s state-owned oil company, Petroamazonas, has signed service contracts worth $1.62 million for the development of six onshore oilfields in the Orellana, Napo and Sucumbios provinces, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 10, 2019
O&G down, but certainly not out
It’s not hard to miss the signs: * The onshore Lower 48 U.S. states working-rig count has dropped more than 26% since the first week of 2019.- Joe Barone, Shale Directories
- Blog
- December 10, 2019
Entergy, NextEra begin building Arkansas solar project
A subsidiary of NextEra Energy Resources and Entergy Arkansas last week announced the start of construction of Arkansas’ largest utility-scale solar energy project, the 100-megawatt Chicot Solar Energy Center, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 9, 2019
KM expects core earnings to increase in 2020
U.S. pipeline operator Kinder Morgan said it expects its core earnings to increase slightly in 2020, Kallanish Energy reports. The company said it intends to cut its debt and increase its dividend next year.- Joe Barone, Shale Directories
- Blog
- December 5, 2019
Oil up on eve of Opec meeting
Crude oil gained roughly 4% Wednesday, as a larger-than-expected drop in U.S. inventories and hopes of deeper production cuts from Opec+ lifted prices, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 4, 2019
ET, Shell release EPC tender for Lake Charles project
Energy Transfer LP (ET) said Tuesday a tender has been issued to engineering, procurement and construction (EPC) contractors to submit final commercial bids for the proposed Lake Charles LNG liquefaction project, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 4, 2019
Oil up and down prior to Opec meeting
Crude oil moved along a bumpy price track Tuesday ahead of Opec’s bi-annual meeting, which kicks off Thursday in Vienna, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 4, 2019
Amazon announces new solar projects in US, Spain
Amazon Tuesday released details of a trio of renewable energy projects in the U.S. and Spain, as the retail giant works to reach net zero carbon across its organization by 2040, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 3, 2019
Sabine O&G completes sale to Osaka Gas USA
Sabine Oil & Gas Holdings said Monday it’s closed the sale of its subsidiary, Sabine Oil & Gas Corp. to Osaka Gas USA Corp.,- Joe Barone, Shale Directories
- Blog
- December 3, 2019
McDermott, Chiyoda flow feed gas to Cameron’s Train 2
McDermott International and its joint-venture partner, Chiyoda International, Monday announced Train 2 of the Cameron liquefied natural gas export project, in Hackberry, Louisiana, has reached the final commissioning stage, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 2, 2019
Texas plant explosion: Fires continues into 5th day
A fire continued to burn late Saturday night at the Port Neches, Texas, chemical plant that exploded Wednesday night, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 2, 2019
Russian tanker heads to Spain with US LNG cargo
A Russian tanker was loaded last week with liquefied natural gas at Cheniere Energy’s Sabine Pass terminal in western Louisiana, and bound for the Spanish terminal of Huelva, Reuters reports, based on data from Refinitiv Eikon.- Joe Barone, Shale Directories
- Blog
- November 29, 2019
Steel players in energy face challenging 2020
The new year will likely be challenging for steel players in the energy sector, market sources tell Kallanish, sister publication of Kallanish Energy.- Joe Barone, Shale Directories
- Blog
- November 29, 2019
Cowboys owner looks to score big in the Haynesville
Jerry Jones, owner/general manager of the National Football League’s Dallas Cowboys, has taken a fancy to Louisiana’s Haynesville Shale, calling it the best play for low-cost hydrocarbons and that he’s hunting for more acreage there.- Joe Barone, Shale Directories
- Blog
- November 29, 2019
Fire rages at Texas chemical plant day after explosions
Officials in East Texas said Thursday they didn’t know when roughly 50,000 people evacuated from their homes following two explosions at a chemical plant would be able to return, as an onsite fire continued to burn.- Joe Barone, Shale Directories
- Blog
- November 28, 2019
NA, Asia to contribute 55% of new trunk line length
North America and Asia are projected to dominate global oil and gas new-build pipeline length additions, according to data and analytics company GlobalData.- Joe Barone, Shale Directories
- Blog
- November 27, 2019
Oil gains as optimism rises on US-China talks
Crude oil prices slightly rose Tuesday after news U.S. and Chinese officials had discussed trade, while predictions for a weekly draw on U.S.- Joe Barone, Shale Directories
- Blog
- November 26, 2019
Proposed LNG export facility inks deal with trader
International commodities trader Gunvor and Commonwealth LNG have signed a deal related to Commonwealth’s $4 billion liquefied natural gas export project in Cameron Parish, Louisiana, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 26, 2019