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gas

  • Joe Barone, Shale Directories
  • Blog, Fracking
  • January 5, 2021

Natural Gas Bans Meeting Resistance from Reality

 ... … …[Editor’s Note: Natural gas bans have been enacted by several California communities but are now colliding with the realities of energy affordability.]
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  • Joe Barone, Shale Directories
  • Blog
  • November 16, 2020

Shale POWER Will Help Businesses Grow by Supplying the Industry

Tom ShepstoneShepstone Management Company, Inc. … … Shale POWER is a new initiative designed to help businesses find a place in the shale gas industry supply chain and to grow.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.,
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • 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.
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  • Joe Barone, Shale Directories
  • Blog
  • October 15, 2020

UK’s Avenir LNG receives its first dual-purpose LNG vessel

UK-based Avenir LNG said Wednesday it received its first dual purpose LNG bunkering and supply vessel (LBV), which will be deployed to Malaysia, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • October 14, 2020

Japan’s spot LNG import prices up 32% in September

Japanese spot liquefied natural gas (LNG) prices have surged 32.35% month-on-month in September, supporting signs of demand recovery ahead of the winter heating season.
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  • Joe Barone, Shale Directories
  • Blog
  • October 14, 2020

Golar Power, Hydro end Brazil’s LNG supply deal

Hygo Energy Transition, formerly known as Golar Power, will no longer supply liquefied natural gas (LNG) to Norway’s Hydro under an initial deal signed in July, Kallanish Energy reports.
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  • 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.
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  • 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).
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  • 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.
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  • 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.
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  • 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.
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  • 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.”
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  • Joe Barone, Shale Directories
  • Blog
  • October 8, 2020

Gazprom to appeal against Poland’s €6.46B fine

Russia’s Gazprom said on Wednesday it will “certainly” appeal against its €6.46 ($7.6) billion fine imposed by the Polish antimonopoly authority UOKiK, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • October 7, 2020

Premier Oil agrees ‘reverse takeover’ with Chrysaor

London-based independent Premier Oil announced on Tuesday it will merge with UK-based E&P firm Chrysaor, Kallanish Energy reports. Premier will merger with Chrysoar through a “reverse takeover” announced on Tuesday with Chrysaor’s parent company, Harbour Energy.
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  • 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.
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  • 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.
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  • 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.
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  • Joe Barone, Shale Directories
  • Blog
  • October 6, 2020

Petrobras may need new bidding for LNG terminal lease

Brazilian state-run oil company Petrobras may have to start a new bidding process for the lease of a liquefied natural gas (LNG) regasification terminal in Bahia, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • October 5, 2020

Cameron LNG begins testing, feedgas intake ahead of restart

Louisiana-based Cameron LNG exports terminal remains offline following a hurricane in late August, but testing and feedgas deliveries have begun ahead of a restart later this month.
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  • Joe Barone, Shale Directories
  • Blog
  • October 5, 2020

Transform Materials inks new gas, hydrogen technology deal

U.S.-based sustainable chemical company, Transform Materials, has signed a major global licensing agreement with Switzerland-based DSM Nutritional Products. Under the undisclosed deal, DSM will use Transform Materials’ patented technology to produce certain vitamins and nutritional ingredients, reducing its carbon footprint, Kallanish Energy reports.
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  • 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.
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  • Joe Barone, Shale Directories
  • Blog
  • October 2, 2020

Australia’s upstream M&A market to reach $27B amid energy transition

Australia’s upstream M&A market could see up to $27 billion worth of assets put for sale, a new analysis by Wood Mackenzie estimated on Thursday.
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  • Joe Barone, Shale Directories
  • Blog
  • October 2, 2020

Centrica inks its first long-term LNG deal in China

UK’s Centrica announced on Thursday its first long-term liquefied natural gas (LNG) supply contract in China, Kallanish Energy reports. The company inked a 15-year agreement to supply 0.5 million tonnes per annum (Mtpa) with Shenergy Group.
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  • 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.
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  • 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.
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  • Joe Barone, Shale Directories
  • Blog
  • September 30, 2020

Hygo’s CEO takes leave following Brazilian corruption allegations

Golar LNG announced Tuesday the board of directors of subsidiary Hygo Energy Transition has accepted the leave of absence request from Hygo’s CEO Eduardo Antonello “with immediate effect.”
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  • Joe Barone, Shale Directories
  • Blog
  • September 29, 2020

Karpowership launches first LNG-to-power floating plant in Indonesia

Turkey’s Karpowership has launched the first floating power plant in Amurang, Indonesia, converting liquefied natural gas (LNG) to power onboard a vessel, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • September 25, 2020

Biomethane may be route for decarbonizing Europe’s gas markets

Biomethane can help decarbonize Europe’s gas markets, but continued growth depends on policy support, Wood Mackenzie said this week. According to analysts Graham Freedman and Nnenna Amobi, the carbon-neutral renewable gas can be directly injected into existing natural gas infrastructure and decarbonize the heating and transport sectors.
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  • 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.
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  • Joe Barone, Shale Directories
  • Blog
  • September 24, 2020

Qatargas lowers long-term LNG contract pricing: reports

Qatar is set to make Australian liquefied natural gas (LNG) less competitive, as the world’s No.1 supplier has reportedly cut its long-term contract prices.
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  • Joe Barone, Shale Directories
  • Blog
  • September 23, 2020

Gazprom orders extra transit capacity in Ukraine

Gazprom has boosted its Ukranian gas transit requirements in October, booking additional interstate capacity via auction platforms in Poland and Hungary, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • September 18, 2020

Upgrade to start at Norway’s Kollness gas processing plant

Equinor and Norwegian operator Gassco announced Thursday Wood will built and install an upgrade at the Kollsnes gas processing plant, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • September 18, 2020

Kuwait’s Al-Zour LNG terminal to start next year

Completion of Kuwait’s Al-Zour liquefied natural gas (LNG) importing terminal is said to be late by a quarter, with commissioning expected next year.
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  • Joe Barone, Shale Directories
  • Blog
  • September 17, 2020

US LNG exports fall further in July

U.S. exports of liquefied natural gas (LNG) dropped 11.8% in July, after a 40.2% month-on-month decline in June, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • September 16, 2020

Petrobras revises E&P portfolio

Brazilian state-run oil and gas company Petrobras has revised its exploration and production (E&P) portfolio in face of the Covid-19 crisis, Kallanish Energy reports.
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  • 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).
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