- Joe Barone, Shale Directories
- Blog
- June 4, 2020
Polish competition watchdog sues Gazprom
Poland’s competition regulator UOKiK said on Wednesday it has started proceedings against Gazprom and could fine the Russian company some €50 ($56) million.- Joe Barone, Shale Directories
- Blog
- June 3, 2020
Gazprom, Mytilienos ink long-term gas supply deal
Russian giant Gazprom has inked a 10-year natural gas supply contract with Greek industrial conglomerate Mytilineos, Kallanish Energy reports. The deal was secured by Gazprom Export’s director general, Elena Burmistrova, and builds on the companies’ three-year cooperation, which was previously based on short-term contracts.- Joe Barone, Shale Directories
- Blog
- June 2, 2020
Arctic LNG tanker transits ice-covered Northern Sea Route to east
Russia’s Novatek said on Monday the Christophe de Margerie ice-class tanker has transited the eastbound ice-covered part of the Northern Sea Route ahead of the summer navigation season.- Joe Barone, Shale Directories
- Blog
- June 2, 2020
KBR to study ways to reduce CO2 emissions of Gladstone LNG
U.S. engineering and construction company KBR will study possibilities to enhance energy efficiency at the Santos-operated Gladstone LNG (GLNG), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
US LNG exports to continue dropping through summer: EIA
U.S. liquefied natural gas (LNG) exports are set to continue declining through the summer, with reductions estimated above 5 billion cubic feet per day (Bcf/d) in July.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Shell, XOM to seek arbitration against Netherlands: report
Shell and ExxonMobil will file an arbitration claim against the Netherlands government over compensation for the early closure of gas field, according to Global Arbitration Review (GAR).- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Petrobras opens processing capacity to third-party firms
Brazilian state-run oil and gas company Petrobras is offering third-party companies access to its natural gas processing capacity in Brazil, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
China’s Zhoushan city to host 3rd LNG imports terminal
Chinese coastal city of Zhoushan is set to have a third liquefied natural gas (LNG) importing terminal, with Sinopec agreeing to build a 20 billion yuan ($2.79- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Santos, ConocoPhillips close assets deal in Australia
Australian oil and gas company Santos said Thursday it has completed the acquisition of ConocoPhillips’ northern Australia assets under a revised deal, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 28, 2020
Gas flows via Yamal pipeline drop to a halt
Polish natural gas transmission operator Gaz-System confirmed earlier this week the transit service on the Yamal pipeline has been temporarily halted.- Joe Barone, Shale Directories
- Blog
- May 28, 2020
LNG imports’ carbon footprint over 50% higher than UK gas production
Imported liquefied natural gas (LNG) into the UK has more than half of the carbon footprint of gas produced in the North Sea, the UK’s Oil and Gas Authority (OGA) said on Tuesday.- Joe Barone, Shale Directories
- Blog
- May 28, 2020
PGNiG boosts regas capacity booking by 66% from 2024
Polish state oil and gas company, PGNiG, has booked more regasification capacity at the country’s President Lech Kaczyński LNG Terminal in Świnoujście, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 28, 2020
Novatek gains access to Far East economic zone
Russia’s Novatek said on Thursday it has gained a status to operate in the Advanced Special Economic Zone (ASEZ) in Russia’s Far East, taking advantage of tax benefits, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 27, 2020
Netherlands’ Mammoet bags Arctic LNG 2 contract
Dutch heavy lifting and transport company, Mammoet, has secured its biggest yet contract, under which will serve the Arctic LNG 2 project in Russia.- Joe Barone, Shale Directories
- Blog
- May 27, 2020
Drax’s plans to build Europe’s largest new gas plant ‘legal’: court
Drax’s approved plans to build four combined cycle gas turbines (CCGT) at its Selby Power plant in North Yorkshire was ruled legal by the UK High Court last week.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
Polish gas demand up 28.5% in last decade: EIA
Poland’s natural gas consumption increased 28.5% in the last decade, boosting the country’s mission to diversify its source of supply away from Russia, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
QP presses ahead with LNG expansion, global growth
Qatar Petroleum said last week it continues to press ahead with its liquefied natural gas (LNG) expansion, despite lower gas demand and expected capex cuts, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
Shell in talks with Iraqi government over BGC
Royal Dutch Shell is in talks with the Iraqi government to agree a plan for its operated Basrah Gas Company (BGC), following the evacuation of its staff.US, Canadian O&G rigs drop to new low
The U.S. and Canadian oil and gas rig count has fallen to a new record low on the week ending 22 May, Kallanish Energy learns from energy services firm Baker Hughes.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
Spain’s LNG imports down 5% in April
Spain’s liquefied natural gas (LNG) imports dropped 4.87% in April, as the country battled the coronavirus outbreak – one of the worst in Europe, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
Total agrees $15B funding for Mozambique LNG: reports
French oil major Total has reportedly secured roughly $15 billion in financing for Mozambique LNG – a project it operates with a 26.5%- Joe Barone, Shale Directories
- Blog
- May 22, 2020
Japan’s LNG imports down 8.8% in April
Japan’s liquefied natural gas imports dropped 8.8% year-on-year in April to a level not seen since May 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
UK gas market heads to summer deadlock
The Covid-19 pandemic is pushing the UK gas market into deadlock this summer, as the country struggles with limited storage capacity, lower demand and resilient production.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
US natgas storage rises by 81 Bcf w-o-w
The U.S. Energy Information Agency (EIA) reported on Thursday a smaller-than-expected build in its natural gas storage inventories, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 21, 2020
Gazprom’s gas exports revenues dip 51.6% in Q1
Gazprom’s natural gas exporting revenues have more than halved in the first quarter, as the giant faces intense competition from LNG and historically low gas prices.- Joe Barone, Shale Directories
- Blog
- May 21, 2020
US Lower 48 gas production to bottom out in November
Natural gas production onshore of the U.S.’s Lower 48 states will hit bottom in November at 82.5 billion cubic feet per day (Bcf/d), according to Rystad Energy.- Joe Barone, Shale Directories
- Blog
- May 21, 2020
Total revises UK North Sea assets sale
French oil major Total said Wednesday it has rearranged financial terms of its sale of UK assets to NEO Energy, which includes the exit of Oman’s Petrogas from the deal.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
US LNG exports rise 8.2% in March, prices fall 4%
U.S.’s liquefied natural gas (LNG) exports rose 8.2% month-on-month in March to 244.1 billion cubic feet (Bcf), the Department of Energy said in its latest monthly report.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
US shale gas production to fall again in June
Natural gas production in the U.S.’s seven biggest unconventional basins is expected to drop in June, with volumes declining in all producing regions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
Natgas outlook remains bleak due to oversupply
Natural gas outlook in the U.S. remains bleak through 2020, despite some support from reduced associated gas production, GlobalData said on Tuesday.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
Scotland’s SGN proposes 100% green hydrogen grid for heating
Scotland’s natural gas distribution company SGN said Tuesday it has submitted a proposal to build a 100% zero-carbon hydrogen network in Scotland, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 19, 2020
Total walks away from Oxy’s Ghana asset deal
French oil major Total said Monday it’s walking away from the acquisition of Occidental Petroleum’s Ghana assets, after the Algeria deal was blocked, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 19, 2020
Equinor to start quarterly reports on US business results
Norway’s Equinor said Monday it will start reporting financial results for its U.S. business as a separate operating segment: Exploration and Production International.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Adnoc Gas Processing starts tender for $1.5B terminal expansion
Adnoc Gas Processing has started looking for interested contractors to bid for work on the expansion of Asab 1 and 2 gas terminals.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
KBR to study carbon-capture, hydrogen project for JX Nippon
Japan’s JX Nippon Oil & Gas Exploration has awarded U.S. engineering company KBR a contract for a feasibility study on the development of a high carbon dioxide gas field, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 14, 2020
NLNG signs $4B contract for its Train 7 project
Nigeria LNG (NLNG) signed on Wednesday the engineering, procurement and construction (EPC) contract for its Train 7 project at Bonny Island LNG complex, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
Valeura looks for M&A opportunities amid industry turmoil
Canadian-based, Turkish-focused natural gas company Valeura Energy said on Tuesday it is exploring potential merger and acquisitions opportunities to take advantage of current market conditions.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
European O&G firms ‘overstating’ net-zero targets: study
European integrated oil and gas majors have made strong climate change commitments, but they are “overstated,” Kallanish Energy learns from a study on Tuesday.- Joe Barone, Shale Directories
- Blog
- May 6, 2020
Repsol posts $528M net loss in first-quarter
Spanish oil major Repsol posted on Tuesday a first-quarter net loss of €487 ($528) million, compared to a net profit of €608 ($659) million in the same period last year, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 6, 2020
Germany opens consultation on gas grid expansion plans
German gas transport company association, FNB Gas, has launched a public consultation on a 10-year investment plan to expand the country’s gas transmission network.- Joe Barone, Shale Directories
- Blog
- May 4, 2020
UK’s IGas to shut-in production for two months
UK’s onshore oil and gas company IGas Energy said on Friday it will temporarily shut-in a number of sites and furlough employees for two months, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 30, 2020
Novatek posts a net loss as revenues plunge 21%
Russia’s Novatek said Wednesday its first-quarter earnings were hit by lower commodity prices and “substantial” foreign exchange effects, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 30, 2020
PGNiG considers notifying EU of Gazprom’s ‘market abuse’
Polish state oil and gas company, PGNiG, is considering to report Gazprom to the European Commission for its “continued abuse of dominant position,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 29, 2020
PGNiG receives 3rd LNG cargo from Cheniere
Polish oil and gas company PGNiG received on Tuesday a new delivery of U.S. liquefied natural gas (LNG), under its long-term contract with Cheniere Energy, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 29, 2020
BP says it’s hard to forecast future outlook
BP said on Tuesday it’s hard to predict the “ultimate impact” of the coronavirus pandemic and when the current supply and demand imbalances will be sorted, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 28, 2020
SDX Energy makes new gas discovery onshore Egypt
UK-listed oil and gas company SDX Energy has successfully flow tested its new onshore gas discovery in Nile Delta, Egypt, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 28, 2020
Global natgas gas prices reflect US shale success: Rystad
The recent historic low international gas prices are a reflection of the U.S. shale success and seasonal conditions, not so much the impact of the global pandemic, Rystad Energy’s chief said Monday.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 27, 2020
Waha gas prices recover from negative territory
Natural gas prices in the Permian Basin ended the EIA’s gas week in positive territory, after reaching -$4.74 per million British thermal units (MmBtu) on April 20, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 27, 2020
US natural gas stocks up by 827 Bcf y-o-y
The U.S. Energy Information Administration said last week the country’s natural gas stocks were 827 billion cubic feet (Bcf), or 63%, higher than the same period last year.- Joe Barone, Shale Directories
- Blog
- April 22, 2020
Crude oil prices plunge on unchanged fundamentals
As WTI crude prices plummeted into a negative territory for the first time in history, downward pressure continued on Tuesday pushing both WTI and Brent future prices down.- Joe Barone, Shale Directories
- Blog
- April 22, 2020
WTI price crash to affect UKCS producers
The historic sub-zero crash in West Texas Intermediate (WTI) crude oil prices on Monday is a stark reminder of volatility and risks to smaller producers offshore UK, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 17, 2020
Ukraine’s stored gas volumes peak at 30-year high
Ukraine has ended its heating season with the highest gas volume in its underground gas storage facilities (UGS) for 30 years, according to state gas company Naftogaz.- Joe Barone, Shale Directories
- Blog
- April 17, 2020
Qatar Petroleum starts drilling mega-project
Qatar Petroleum has kicked started its 80-well drilling campaign for the North Field expansion project, now known as North Field East Project (NFE), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 16, 2020
Over 50% of global licensing rounds likely to be cancelled: Rystad
Over half of the world’s planned upstream licensing rounds are expected to be cancelled this year, Rystad Energy said in a new analysis on Tuesday.- Joe Barone, Shale Directories
- Blog
- April 15, 2020
China’s GCL mulls LNG deal with Shell
China’s privately-owned energy and power firm, GCL, said Tuesday its planning to form a liquefied natural gas (LNG) joint venture with Royal Dutch Shell, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 15, 2020
Peru’s LNG exports up 6.9% in March
Peru’s liquefied natural gas (LNG) exports continued its growing trend in March, with volumes increasing by 6.9% year-on-year, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
Texas oil producers asked to scale back further
The U.S.’s Institute for Energy Economics and Financial Analysis on Monday asked the Texas Railroad Commission to scale back its oil production for the good of the domestic industry, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
Asian LNG spot prices to fall below US breakeven costs
Delivered prices for Northeastern Asia LNG spot prices have dropped to below $2.40 per million British thermal units, as fundamentals continue to weaken, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2020