- Joe Barone, Shale Directories
- Blog
- September 6, 2019
Xom to sell Norway assets for $4B
U.S. giant ExxonMobil has agreed to the sale of its oil and gas assets in Norway for $4 billion, Reuters reported Thursday, citing three sources familiar with the matter.- Joe Barone, Shale Directories
- Blog
- September 6, 2019
Arctic LNG 2 project receives final go-ahead
Novatek and its partners on Thursday took the final investment decision on the $21.3 billion Arctic LNG 2 project, with first liquefied natural gas deliveries expected in 2023, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Novatek wins license to support new LNG project
Russian independent gas producer Novatek said its Arctic LNG 1 subsidiary has won a 27-year exploration and production license in the Yamal region, paving the way for a new liquefied natural gas (LNG) project.- Joe Barone, Shale Directories
- Blog
- August 23, 2019
American LNG Is Changing Everything Energy in Europe
Tom Shepstone Natural Gas NOW … … American LNG is disrupting the Europe energy market, confronting Russian gas with competition, lowering prices there and bolstering economies here in the US.- Joe Barone, Shale Directories
- Blog
- August 22, 2019
Wood to sell nuclear business for $302M to cut debt
Wood Plc has agreed to sell its nuclear business for 250 million pounds ($302 million), as it cuts debt associated with the 2017 acquisition of Amec Foster Wheeler and a prolonged oil-price slump, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 15, 2019
U.S. looks to seize tanker held in Gibraltar
The U.S. Department of Justice applied today to seize the Iranian tanker held in Gibraltar after it was accused of carrying Iranian crude bound for Syria, violating EU sanctions.- Joe Barone, Shale Directories
- Blog
- August 9, 2019
Xom hires Jefferies to accelerate North Sea asset sales
U.S. oil supermajor ExxonMobil (Xom) has hired investment bank Jefferies to sell the stakes it holds in gas and oilfields off the Norwegian coast, which could fetch up to $4 billion, sources told Reuters.- Joe Barone, Shale Directories
- Blog
- August 6, 2019
U.S. Natural Gas Exports Increase, Driven by European Demand
The U.S. shale revolution has led to strong economic growth, reduced air emissions, and falling prices for American consumers. It’s also helped the United States become one of the largest exporters of liquified natural gas in the world.Cuadrilla to restart fracking at British site
British shale gas producer Cuadrilla said Thursday it would restart fracking at its Preston New Road site in Britain in the third quarter of 2019, with plans to use a thicker fracking fluid to help reduce earth tremors, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- July 2, 2019
Marathon Oil closes sale of UK business
Marathon Oil Corp. said Monday the company has closed on the sale of its U.K. business, which consists of the Brae area fields and Foinaven, to UK independent producer RockRose Energy PLC for $95 million.- Joe Barone, Shale Directories
- Blog
- June 19, 2019
EU scolds 15 countries on renewables target
Industry association WindEurope said Tuesday the European Commission called out 15 countries for not meeting their renewables targets, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- June 7, 2019
Gazprom Neft signs with Novatek, Shell
Russia’s third largest oil producer, Gazprom Neft, Thursday revealed three joint ventures to develop hydrocarbon projects in Russia, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- May 15, 2019
E.ON calls for a CO2 tax in Germany
The CEO of German utility E.On is calling for a new carbon tax in Germany, saying Tuesday a “better and fairer energy transition” was possible, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- April 25, 2019
Shell in talks to buy BP stake in North Sea gas field: sources
Royal Dutch Shell is in talks to buy BP’s stake in the Shearwater oil and gas field in the British North Sea for roughly $250 million, three industry sources told Reuters.- Joe Barone, Shale Directories
- Blog
- April 17, 2019
IEA: Decarbonization key for Ireland
The International Energy Agency (IEA) said Monday Ireland has “successfully advanced the transformation” of its energy mix, especially in the power sector, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- March 20, 2019
New Hearing, Old Tricks: #ExxonKnew Takes Debunked Testimony to Parliament
This Thursday, the European Parliament’s (EP) Committee on Petitions and Committee on the Environment, Public Health and Food Safety will hold a joint hearing on “Climate Change Denial,” specifically focusing on ExxonMobil and the #ExxonKnew campaign.- Joe Barone, Shale Directories
- Blog
- March 19, 2019
Russia will be compliant with cuts within weeks
Russian energy minister Alexander Novak said Sunday his country will be fully compliant with Opec+ supply cuts over the coming weeks. “As far as the meeting is concerned we, of course, discussed the situation with the execution of the agreement (and) we stressed once again that Russia is discharging its obligations in accordance with the agreement to smoothly achieve the target output,” Novak told CNBC, in Baku, Azerbaijan.- Joe Barone, Shale Directories
- Blog
- March 19, 2019
LNG imports drive down British wholesale gas prices
Britain’s liquefied natural gas (LNG) imports for March are at their highest levels in roughly 29 months, helping British wholesale gas prices slide to a more-than 18-month low.- Joe Barone, Shale Directories
- Blog
- March 10, 2019
More LNG Facilities Coming to the Northeast As Exports Grow
Tom ShepstoneShepstone Management Company, Inc. LNG facilities are happening many places, the forces of economics being irresistible. New LNG facilities are even coming to the DRBC region!- Joe Barone, Shale Directories
- Blog
- March 5, 2019
CO2 emissions in UK hit lowest level in 130 years: report
The UK’s carbon emissions in 2018 fell for the sixth consecutive year, hitting some of the lowest levels recorded since 1888, according to a report published Monday.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Marathon signs pact to sell U.K. businesses for $140M
Marathon Oil said Monday the company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Marathon signs pact to sell U.K. businesses for $140M
Marathon Oil said Monday the company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K.- Joe Barone, Shale Directories
- Blog
- January 27, 2019