- Joe Barone, Shale Directories
- Blog
- September 25, 2020
Shipping industry must not wait for ideal fuel solution: DNV-GL
The shipping industry’s “grand challenge” of decarbonization will have to rely on a mix of fuels, rather than wait for the ideal solution to arrive, according to DNV-GL.- Joe Barone, Shale Directories
- Blog
- September 24, 2020
Neste, Shell Aviation ink SAF supply agreement
Neste and Shell Aviation said Wednesday they have signed a supply agreement for sustainable aviation fuel (SAF), anticipating increasing “desire” from airlines to reduce emissions.- Joe Barone, Shale Directories
- Blog
- September 24, 2020
Shell, Microsoft allied to tackle carbon emissions
Royal Dutch Shell and Microsoft have announced a new alliance targeting the energy transition and need to reduce CO2 emissions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 22, 2020
MPLX kicks off open season on Wyoming-Utah pipeline
MPLX has launched a binding open season to assess shipper interest in moving more crude oil from Wyoming to Utah, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 18, 2020
Digitalization making O&G companies a bigger target for hackers
As digitalization grows in the oil and gas industry, companies have become much more vulnerable to cyberattacks, particularly during the pandemic, GlobalData warned this week.- Joe Barone, Shale Directories
- Blog
- September 17, 2020
UK North Sea requires electrification to meet emissions targets: Rystad
Electrification of oil and gas operations in the UK Continental Shelf (UKCS) will play a vital role in efforts to achieve net zero emissions by 2050, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 16, 2020
Pennsylvania gas production up 11.4%: DEP
Pennsylvania produced an all-time record high volume of natural gas in 2019, despite fewer wells being drilled that year, according to the Department of Environmental Protection’s new annual report on oil and gas operations.- Joe Barone, Shale Directories
- Blog
- September 15, 2020
bp unveils transformation strategy, energy outlook
bp started on Monday the so-called bp Week, series of capital markets presentations over the next three days promoting its transformation from an international oil company (IOC) to an integrated energy company (IEC).- Joe Barone, Shale Directories
- Blog
- September 15, 2020
Nearly $14B in pipeline projects at risk: CEA
Delays, obstruction or cancellation of pipeline infrastructure in the United States are threatening pipeline infrastructure projects worth of at least $13.6 billion in economic activity, more than 66,000 jobs and more than $280 million a year on state and local tax revenues, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 15, 2020
Minnesota Senate ousts Commerce commissioner
The Republican-controlled Minnesota Senate has ousted state Commerce Commissioner Steve Kelley, in part because of his role in fighting the Enbridge Line 3 oil pipeline project, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
API reports knocks proposed ban on new federal O&G leases
A proposed ban on new federal oil and natural leasing on public lands and offshore would cost nearly 1 million American jobs, shift the United States to foreign energy sources, increase carbon dioxide emissions and reduce revenue to local governments and schools.- Joe Barone, Shale Directories
- Blog
- September 10, 2020
Maritime shipping to rely on fuel mix to reach carbon neutrality
Hard to decarbonize sectors such as maritime shipping will need to rely on a combination of tools to get to carbon neutrality by 2050, BW Group said Wednesday.- Joe Barone, Shale Directories
- Blog
- September 9, 2020
ExxonMobil makes new discovery offshore Guyana
ExxonMobil has announced its 18th offshore Guyana crude oil discovery at the Redtail-1 well, Kallanish Energy reports. That discovery will add to the 8 billion oil-equivalent barrels projected from the Stabroek Block.- Joe Barone, Shale Directories
- Blog
- September 4, 2020
UK to review offshore oil and gas licensing regime
The UK government said Thursday it will review its offshore oil and gas licensing policy as part of its strategy to achieve net zero emissions by 2050, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 4, 2020
China, US lead aviation fuel rebound: EIA
Consumption of U.S jet fuel on Aug. 16, 2020, was 43% of what had been consumed one year earlier, the U.S.- Joe Barone, Shale Directories
- Blog
- September 2, 2020
PetroChina becomes first NOC to announce carbon neutrality goal
PetroChina’s plans of a “near-zero” emissions ambition by 2050 shouldn’t be dismissed lightly, Wood Mackenzie’s principal analyst, Max Petrov said on Tuesday.- Joe Barone, Shale Directories
- Blog
- September 1, 2020
Chesapeake, FERC in fight over pipeline contracts
Chesapeake Energy wants to terminate a $300 million pipeline contract in its Chapter 11 bankruptcy proceedings, Kallanish Energy reports. That request has been opposed by pipeline giant Texas-based Energy Transfer.- Joe Barone, Shale Directories
- Blog
- September 1, 2020
BLM taking comments on Permian sand conveyor
The U.S. Bureau of Land Management has opened a public comment period for a proposed conveyor system on public lands to move sand for hydraulic fracturing (fracking) in the Permian Basin of West Texas and New Mexico, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
US chemical index rises 0.8% in July
The U.S. Chemical Production Regional Index rose by 0.8% in July, after a 1.6% decline in June and a 2.0% decline in May, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Cycle Energy purchases Canadian O&G firm
Alberta-based Cycle Energy Industries has announced its acquisition of 100% of Energy Express Canada Corp., Kallanish Energy reports. Energy Express Canada, described as a junior oil and gas company in Alberta, can produce 100 to 150 barrels of oil per day using traditional recovery methods.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Equinor to cut operations in US, Canada, Britain
Norway-based Equinor has announced plans to curtail operations in the United States, Canada and Britain because of record low oil prices tied to the coronavirus pandemic and lower demand, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 27, 2020
Global oil demand to plateau at 92%-95%: IHS Markit
Global oil demand has grown by 13 million barrels per day in the last four months, after hitting rock bottom last April in the coronavirus pandemic, but that recovery is expected to plateau just below pre-pandemic levels.- Joe Barone, Shale Directories
- Blog
- August 26, 2020
Covid-19 to unsettle long-term energy demand patterns
The Covid-19 pandemic will unsettle long-term energy consumption patterns and heighten oil and gas prices volatility, Moody’s Investors Service said in a report on Monday.- Joe Barone, Shale Directories
- Blog
- August 21, 2020
Groups sue Trump administration over Colorado drilling
Six climate and environmental groups have sued the Trump administration over plans to expand drilling and mining across 1.7 million acres of public lands in southwestern Colorado, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 18, 2020
Total, partners FID Phase 3 of Mero project in Brazil
France’s Total announced on Monday the Phase 3 of the Mero project, located offshore Brazil, has received a positive final investment decision (FID), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
Three US airlines using sustainable jet fuel
Neste has announced that it is supplying sustainable aviation fuel to three major U.S. airlines for flights from San Francisco, California, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 10, 2020
Frontera’s Q2 output down 42.7% on shut-ins, force majeure
Canadian-based, South American-focused oil and gas company, Frontera Energy, reported a 42.7% year-on-year decline in its hydrocarbons production during the second quarter of 2020.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
UK’s Q2 profit warnings surpass those in 2019: EY
UK-listed oil and gas companies have recorded more profit warnings in the second-quarter than the whole of 2019, EY said in a new report on Thursday.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Lawsuit filed over grant to Utah oil railroad
Conservation groups have filed a lawsuit against the Utah Permanent Community Impact Fund Board for granting $27.9 million in public funds for a proposed railway that would move crude oil from the Uinta Basin to refineries in other states.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Asset sale to NEO Energy will help Total’s crisis plan: CFO
Total said Thursday its sale of non-core assets in the UK North Sea to NEO Energy is contributing to its action plan amid the “economic crisis,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Brazil’s Buzios field sets new record production level
Brazilian state-run oil company Petrobras announced on Wednesday a new monthly production record in its pre-salt Buzios field, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 6, 2020
Gulfport to add seven Utica wells in 2020
Gulfport Energy reported a net loss of $561.1 million or $3.51 per share in second quarter 2020, Kallanish Energy reports. That compares to net gain of $55.6 million or $1.47 per share in 2Q 2019.- Joe Barone, Shale Directories
- Blog
- August 6, 2020
Devon Energy accelerates closure of Barnett Shale deal
Devon Energy announced an accelerated closing of its $770 million sale of its Barnett Shale assets in North Texas to Banpu Kalnin Ventures.- Joe Barone, Shale Directories
- Blog
- August 5, 2020
Continental Resources reports $239M Q2 net loss
Continental Resources reported a second quarter 2020 net loss of $239.3 million or 66 cents per share, Kallanish Energy reports. That compares to earnings of $236.5 million or 63 cents per share on revenues of $1.2 billion in Q2 2019.- Joe Barone, Shale Directories
- Blog
- August 3, 2020
Total Gabon divests seven mature offshore fields
French oil and gas major Total has announced that its Gabon affiliate is to divest seven mature offshore oil fields, Kallanish Energy reports.US July 31 rig count remains steady
The U.S rig didn’t lose any rigs in the latest count that was released on July 31. It didn’t gain any rigs either.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Antero says production grew by 9% in 2Q
Antero Resources has reported a GAAP net loss of $463 million or $1.73 per share in the second quarter 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Eni positive on Q2 results despite €4.40B net loss
Italian oil major Eni is optimistic about its second-quarter results, despite posting a €4.40 billion net loss attributable to shareholders on Thursday, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 30, 2020
Hess posts higher loss in Q2
U.S. oil and gas producer Hess Corporation posted on Wednesday a net loss of $320 million in the second quarter, compared to a loss of $6 million a year ago, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 22, 2020
Algeria’s O&G revenues to plunge by $10B this year: minister
Algeria’s hydrocarbons revenue is expected to fall by $10 billion this year, the country’s energy minister Abdelmadjid Attar said on Tuesday.- Joe Barone, Shale Directories
- Blog
- July 21, 2020
Covid-19 accelerates Venezuela’s hydrocarbon sector crash
Venezuela’s oil and gas sector is truly nearing its collapse, with the Covid-19 pandemic accelerating its destruction despite world-scale resources, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Top O&G majors launch new carbon intensity target
CEOs heading the world’s largest oil and gas companies announced on Thursday a new collective target to reduce the average carbon intensity of their upstream operations by 2025.- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Fish & Wildlife to study Permian Basin lizards
The U.S. Fish & Wildlife Service has kicked off a new year-long review to determine if the dunes sagebrush lizard should be designated as a federal endangered species, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 16, 2020
Petrobras halves time, cost of post-salt drilling
Brazilian state-run oil company Petrobras has halved the time and cost of drilling a well in mature post-salt fields, offshore Brazil, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 16, 2020
Poland’s PKN Orlen to takeover PGNiG
Polish state-owned oil and gas company, PKN Orlen, has started proceedings to takeover PGNiG Group in a huge consolidation move by the Polish state.- Joe Barone, Shale Directories
- Blog
- July 15, 2020
Saudi Aramco restructures downstream business
Saudi state oil company Saudi Aramco announced on Tuesday it’s reorganizing its Downstream business into four commercial units, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 10, 2020
Energy Transfer seeks stay on Dakota Access closure order
Dakota Access LLC has asked U.S. District Judge James Boasberg to stay his order to shut down and empty the Dakota Access oil pipeline by early August, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 7, 2020
Judge orders Dakota Access shut down for environmental review
A federal judge has ordered that the Dakota Access oil pipeline be temporarily shut down by Aug. 5 for an in-depth environmental review of the project, Kallansh Energy reports.- Joe Barone, Shale Directories
- Blog
- July 7, 2020
Canada Supreme Court backs pipeline project
Canada’s Supreme Court has dismissed an appeal from British Columbia First Nation groups against expanding the Trans Mountain oil pipeline, Kallanish Energy reports.US rig count still dropping: Baker Hughes
The working rig count for the United States continued its downward spiral, Kallanish Energy reports It slid from 265 on June 29 to an all-time low of 263 on July 2, according to the latest count from Baker Hughes.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
BP transfers key Alaskan assets to Hilcorp
There were no fireworks, but key Alaskan assets owned by BP have quietly transferred to Hilcorp as the $5.6 billion deal starts to close, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Judge allows Enbridge to resume partial service on Line 5
A Michigan judge on Wednesday ruled that Enbridge can resume moving liquids through Line 5, a Midwest pipeline that had been shut down since June 25 due to damage to an underwater pipeline support.- Joe Barone, Shale Directories
- Blog
- June 30, 2020
CNOOC makes major discovery offshore China
China’s oil and gas company CNOOC announced on Monday a “significant” oil and gas condensate discovery off the South China Sea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 29, 2020
Chesapeake Energy seeks Chapter 11 reorganization
It’s been rumored for weeks, but Chesapeake Energy Corp. on Sunday filed for voluntary Chapter 11 bankruptcy protection to facilitate what it called a comprehensive balance sheet restructuring, Kallanish Energy reports The Oklahoma-based company was once the No.- Joe Barone, Shale Directories
- Blog
- June 29, 2020
California adopts first-ever rules on zero-emission trucks, buses
California has adopted new rules in a major move toward zero-emissions electric trucks and buses, Kallanish Energy reports. The California Air Resources Board has ordered the makers of medium-duty and heavy-duty commercial trucks to begin selling zero-emissions trucks by 2024.US rig count hits new all-time low for eighth straight week
The working rig count for the United States and Canada continues to plummet but the drop could be slowing down, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 29, 2020
Pennsylvania grand jury blasts DEP, DOH over fracking
The Pennsylvania Department of Environmental Protection and the Pennsylvania Health Department both failed to protect the public health during the state’s Marcellus Shale natural gas boom, according to a scathing new report from a state grand jury.- Joe Barone, Shale Directories
- Blog
- June 25, 2020
Firm hired to begin Keystone XL construction in Alberta
Michels Canada is poised to begin construction on the $8 billion Keystone XL oil pipeline in Alberta, while construction in the United States is still delayed by a court appeal, Kallansh Energy reports.- Joe Barone, Shale Directories
- Blog
- June 22, 2020