- 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
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
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
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 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
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
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 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 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 26, 2020
Oil future at center of Trump-Biden debate
The future of the oil and gas industry and climate change emerged key topics in the final presidential debate between President Donald Trump and former vice president Joe Biden.- 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
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
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 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 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
European wind plans must change to reach 2030 targets
A new report has found that wind energy can generate as much as 30% of Europe’s electricity by 2030, but government plans will need to change to achieve this target, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 19, 2020
Biden pins US manufacturing hopes on renewables, electric vehicles
U.S. Presidential candidate Joe Biden said last week the future of American manufacturing lies in renewable energy and electric vehicles, 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
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
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
Canadian company buys Spanish solar assets
Q-Energy has announced the sale of 73 solar assets in Spain to Caisse de depot et placement du Quebec (CDPQ), a global institutional investor, 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 15, 2020
LNG to fill natural gas shortfall after Covid-19: IEA
The International Energy Agency (IEA) expects liquefied natural gas (LNG) demand to meet shortfalls in global natural gas supply chain as a result of the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 15, 2020
IGU welcomes IEA’s outlook on natural gas
The International Gas Union (IGU) has welcomed forecasts by the International Energy Agency (IEA) with regards to the outlook for natural gas worldwide, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 14, 2020
Energy demand, emissions, investments set to fall due to Covid-19: IEA
A new report from the International Energy Agency (IEA) has found global energy demand, emissions and investments are set to fall in 2020 due to the impact of the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 14, 2020
Novatek’s natural gas production up in Q3
Russia’s largest independent gas producer, Novatek, has recorded a 4.5% year-on-year natural gas production volume during the third-quarter, Kallanish Energy reports. According to its Q3 preliminary operating data, released on Monday, total production reached 19.13 billion cubic meters (Bcm) of natural gas, including liquefied natural gas (LNG).- Joe Barone, Shale Directories
- Blog
- October 14, 2020
NAM halves Groningen’s gas production in last gas year
Natural gas production at the Netherlands’ Groningen field has halved in the past gas year, which ran from October 2019 until September 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- October 13, 2020
Henry Hub natgas spot prices heading up to $3/MmBtu: EIA
Henry Hub natural gas spot prices are expected to rise to $3.38 per million British thermal units (MmBtu) in January, according to the EIA’s latest Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog
- October 13, 2020
US propane demand to offset production this winter: EIA
U.S. heating demand is set to more than offset propane consumption losses in the petrochemical sector, lifting total propane consumption by 50,000 barrels per day (Bpd) this winter.- Joe Barone, Shale Directories
- Blog
- October 13, 2020
Gazprom hits new gas discovery in Yamal region
Russia’s state-owned natural gas giant, Gazprom, has made a new gas discovery in the Yamal region, Kallanish Energy learns from the company.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
Naturgy, Sonatrach settle tensions with new gas agreement
Spain’s Naturgy and Algeria’s Sonatrach announced Thursday a natural gas supply agreement after five months of “tough” negotiations, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
UK grants CO2 appraisal license to Eni
Eni announced Thursday it was granted a CO2 appraisal and storage license by the UK’s Oil and Gas Authority (OGA), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
IEC claims Chevron stopped supply amid contractual dispute
Israel Electric Company (IEC) is accusing Chevron to have halted its natural gas supplies from the offshore Tamar field, keeping the country’s energy market as a “hostage.”- Joe Barone, Shale Directories
- Blog
- October 9, 2020
O&G are vital to U.S. way of life: DOE report
A new report by the U.S. Department of Energy cites the need for energy innovation while recognizing the benefits of oil and natural gas in the daily lives of Americans, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 8, 2020
MSC favors hydrogen, biofuels in future shipping fuel mix
Global shipping company MSC said it favors the use of green hydrogen and other biofuels in the future shipping fuel mix, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 8, 2020
EBRD backs Greece’s biggest renewable project
The European Bank for Reconstruction and Development (EBRD) has backed Greece’s Hellenic Petroleum (HELPE) 18-solar farm project with a €75 ($88.2) million investment.- Joe Barone, Shale Directories
- Blog
- October 7, 2020
Bolivian election will set the tone for natgas, lithium industries
The upcoming elections in Bolivia will be crucial for the development of industries such as natural gas and lithium in the country, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- October 7, 2020
BHP to acquire further 28% stake in Shenzi field
Anglo-Australian multinational mining, metals and petroleum firm, BHP, is to acquire a 28% stake in the Shenzi oil and gas field from Hess Corporation, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 6, 2020
Vietnam clears ExxonMobil’s $5B LNG-to-power project
Vietnam has given ExxonMobil the green lights to proceed with the massive LNG-to-power project, estimated to cost $5.09 billion, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 6, 2020
Energy transition poses credit risks to NOCs: Moody’s
National oil companies (NOC) are less prepared for the energy transition than their counterparts in the private sector, which increases their credit risks, Moody’s said Monday.- Joe Barone, Shale Directories
- Blog
- October 5, 2020
Indian domestic gas price cut may lead to upstream losses
The reduction of domestic gas prices in India over the next six months could lead to losses for upstream businesses according to new analysis, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 5, 2020
US natural gas storage up 76 Bcf w-o-w
U.S. underground natural gas stocks rose by 76 billion cubic feet (Bcf) in the week ending September 27, Kallanish Energy learns from the U.S.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Army’s Fort Bragg to get floating solar project
The U.S. Army’s Fort Bragg will soon become home to the largest floating solar plant in the southeastern United States, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Ohio sets Dec. 3 hearing on Madison Fields solar project
The Ohio Power Siting Board has scheduled a Dec. 3 virtual public meeting on a proposed solar project in Madison County, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
BLM approves Mesa Wind Repower Project
The Bureau of Land Management has approved the Mesa Wind Repower Project in Southern California, Kallanish Energy reports. Brookfield Renewables plans to repower the 30-megawatt wind project that was built in the 1980s.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Potential £6B savings from UK integrated offshore grid: National Grid ESO
A new report from UK grid operator National Grid ESO has found that an integrated approach offshore could save consumers approximately £6 billion ($7.7 billion) by 2050, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Diversification may be crucial for pipeline operators: GlobalData
The global oil and gas pipeline sector might be better off looking for “new opportunities” and be prepared for “future disasters,” GlobalData warned on Thursday.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
Santos clears final state hurdle on Narrabri gas project
Australian oil and gas company Santos was granted on Wednesday a phased-approval for its Narrabri gas project, by the New South Wales (NSW) Independent Planning Commission (IPC), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
Global energy storage capacity to rise 31% annually to 2030: Wood Mackenzie
The world’s energy storage capacity is set to grow at a compound annual growth rate (CAGR) of 31% according to new research, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
China plans major heating switch from coal ahead of winter
China’s winter anti-pollution campaign is targeting to switch heating away from coal in over 7 million households in the north of the country, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Oil demand, supply expected to drop 2022-2023: CP
ConocoPhillips expects the oil and natural gas industry to partially recover in 2021 from the coronavirus pandemic, low demand and low prices, but the company expects oil demand to drop by 3 million to 4 million barrels per day in the United States in 2022-2023.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Shell ethane cracker in Pa. is about 70% done
The ethane cracker being built in western Pennsylvania by Royal Dutch Shell is about 70% complete, although it is unclear when the $6 billion petrochemical complex might begin operations, Kallanish Energy has learned.- Joe Barone, Shale Directories
- Blog
- September 29, 2020
Total transfers operatorship in five Brazilian O&G blocks
French supermajor Total announced Monday it has transferred its equity interests in five Brazilian exploration blocks to state-run Petrobras, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 29, 2020