- Joe Barone, Shale Directories
- Blog
- October 15, 2019
Iran says it discovered a gas reserve worth $40B
Iran announced Sunday it’s discovered a new natural gas reserve with the capacity to produce nearly 400 million barrels (Mmbbl) of gas condensate, which could generate $40 billion of revenue, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 14, 2019
India investing over $60B in gas supply, infrastructure
India is investing over $60 billion in natural gas supply and distribution infrastructure as it seeks to more than double the share of natural gas in its energy base, to 15% by 2030, oil minister Dharmendra Pradhan said Sunday.- Joe Barone, Shale Directories
- Blog
- October 14, 2019
Cuomo orders National Grid to provide hookups
The Cuomo administration in New York State has ordered National Grid to provide natural gas hookups to over 1,100 previously denied Brooklyn-based customers, numerous media reported.- Joe Barone, Shale Directories
- Blog
- October 11, 2019
La voters to consider adding O&G tax exemption
Louisiana voters tomorrow will consider adding a tax break to the state’s constitution to exempt some of the equipment used by the offshore oil and gas industry, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 9, 2019
Gas rises, coal falls in US powergen
The share of U.S. total utility-scale power generation from natural gas-fired power plants will rise from 34% in 2018, to 37% in 2019 and 2020, the Energy Information Administration forecasts in its October Short-Term Energy Outlook (STEO). EIA/STEO forecasts the share of U.S.- Joe Barone, Shale Directories
- Blog
- October 9, 2019
US natgas production to rise in 2019, 2020: STEO
The Henry Hub natural gas spot price averaged $2.56 per million British thermal units (MMBtu) in September, up 34 cents/MMBtu from August, the first monthly price increase since March, the Energy Information Administration reports in the just-released Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog
- October 9, 2019
Brent to average $60/Bbl in 2020: STEO
Brent crude oil spot prices will average $59 per barrel in the fourth quarter of 2019, then fall to $57/Bbl by the second quarter of 2020, $5/Bbl lower than forecast one month ago, the Energy Information Administration reported Tuesday in its October Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog
- October 8, 2019
Third-quarter energy sector activity drops: Dallas Fed
Third-quarter energy sector activity declined, according to the Federal Reserve Bank of Dallas quarterly energy survey, Kallanish Energy reports. The business activity index — the survey’s broadest measure of conditions facing 11th District energy companies — fell to -7.4 in the third quarter, from -0.6 in the second quarter.- Joe Barone, Shale Directories
- Blog
- October 8, 2019
US solar industry gets possible boost from Trump
Some U.S. solar companies could get a lift after the Trump administration announced it will impose tariffs on bifacial solar panels, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- October 7, 2019
Bankrupt refinery requests paying exec bonuses in secret
Philadelphia Energy Solutions, which paid $4.6 million in bonuses to executives following a June fire that led to the refinery’s closure and bankruptcy, wants to pay out a new round of retention awards, the Philadelphia Inquirer reported.- Joe Barone, Shale Directories
- Blog
- October 7, 2019
Crude prices flat as US-China trade talks near
Crude oil prices ended Monday’s trading session little changed as U.S.-China trade talks are slated to resume later this week, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 4, 2019
Pa moving ahead with power plant emission caps
Pennsylvania Gov. Tom Wolf’s administration is working to bring the state into a regional consortium of states that sets a price and caps on greenhouse gas emissions from power plants, part of the Democrat’s agenda to fight climate change, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 4, 2019
US crude oil exports continue growing in first half of 2019
U.S. exports of crude oil rose to average 2.9 million barrels per day (Mmbpd) in the first half of 2019, an increase of 966,000 b/d from the first half of 2018, the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2019
Group forms to defend natgas against anti-fossil fuel groups
A group backed by anonymous donors launched a campaign Monday to promote the benefits of natural gas against what it called “radical” proposals like the Green New Deal that would phase out use of the fossil fuel, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- September 30, 2019
Gulf Coast states want more offshore oil royalties
The four Gulf Coast states that produce crude oil offshore want a bigger cut of the royalties the federal government gets from drilling on the Outer Continental Shelf to be put toward hurricane protection and coastal restoration.- Joe Barone, Shale Directories
- Blog
- September 26, 2019
PA county calls Mariner East pipeline a ‘nuisance’
The Chester County, Pennsylvania, prosecutor, increasing pressure on Sunoco’s Mariner East Pipeline, said this week his office plans to sue the $5.1 billion project as a public nuisance, the Philadelphia Inquirer reports.- Joe Barone, Shale Directories
- Blog
- September 26, 2019
Dallas Fed survey: O&G activity contracts, employment falls
Energy sector activity declined in the third quarter, according to executives responding to the Federal Reserve Bank of Dallas Energy Survey, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 24, 2019
Natural gas royalties paid in Pa reach nearly $10B
Royalties paid to Pennsylvania landowners for natural gas extraction in primarily eight counties totaled $8.84 billion from 2010 through 2018, according to calculations by the state Independent Fiscal Office (IFO), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Working gas added to storage in latest survey
The amount of working natural gas added to underground storage in the latest Energy Information Administration survey pushed the total stored working gas total over 3.1 trillion cubic feet (Tcf).- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Tellurian signs $2.5B deal with India’s Petronet LNG
India’s Petronet LNG and U.S. liquefied natural gas export developer Tellurian signed an initial agreement under which the Indian company and its affiliates will negotiate to buy up to 5 million tonnes per annum (Mtpa) of LNG, the companies said Saturday.- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Iran responsible for ‘attack against the world’: Saudi official
Iran’s recent warnings to Saudi Arabia are “ridiculous” and “laughable,” Saudi minister of State for Foreign Affairs Adel al-Jubeir told CNBC Friday, amid investigations by the kingdom tying Iran to a major attack on its oil facilities.- Joe Barone, Shale Directories
- Blog
- September 20, 2019
Duke Energy looks to renew nuclear plant licenses
Duke Energy said Thursday it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear power plants in North and South Carolina for an additional 20 years, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 19, 2019
CEA, EDF, Westinghouse to explore SMR cooperation
CEA, EDF and Westinghouse Electric Co. have signed a framework agreement to explore potential cooperation on small modular reactor (SMR) development, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 19, 2019
San Jose moves to ban natural gas in new residential buildings
The U.S.’s 10th most populous U.S. city Tuesday moved to ban natural gas in most new residential buildings, beginning next year, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 18, 2019
Venezuela can’t find vessels to ship its oil
Exports of Venezuelan crude oil, severely curtailed due to U.S. sanctions, now face a new concern: a shortage of vessels willing to transport crude produced by the regime of President Nicolas Maduro, Bloomberg reports.- Joe Barone, Shale Directories
- Blog
- September 17, 2019
North Dakota O&G production hits new highs in July
North Dakota posted records for oil and gas production in July, while the number of producing oilwells in the state also hit an all-time high, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- September 17, 2019
US oil production forecast to climb from September to October
Crude oil production in the U.S.’s seven most productive basins/plays is projected to climb 74,000 barrels per day from September to October, the Energy Information Administration reported in the September Drilling Productivity Report (DPR).- Joe Barone, Shale Directories
- Blog
- September 16, 2019
Trump authorizes release of oil reserves, line approvals
U.S. President Trump said Sunday he’s authorized a fast-track approach to pipeline approvals in Texas and other states following the attacks on Saudi oil facilities Saturday, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 16, 2019
Volume of stored working gas still climbing
The volume of working natural gas injected into storage in the latest Energy Information Administration weekly survey rose by less than 3%, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- September 12, 2019
US crude oil inventories drop more than expected
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.91 million barrels (Mmbbl) during the week ended Sept.- Joe Barone, Shale Directories
- Blog
- September 11, 2019
Iraq will comply with Opec cuts, minister says
Iraq will immediately comply with Opec production cuts after months of overproduction, its oil minister told CNBC Tuesday. The second-largest crude producer in the 14-member cartel is known to chronically overproduce even as the group tries to curb output to help prop up prices, Kallanish energy reports.- Joe Barone, Shale Directories
- Blog
- September 10, 2019
Boem, Alaska signed memorandum on Ocs exploration
The Bureau of Ocean Energy Management has signed a Memorandum of Understanding with the state of Alaska to ensure continued close cooperation in energy resource exploration and development on the Outer Continental Shelf, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 10, 2019
Warren calls for ban on fracking ‘everywhere’
U.S. Sen. Elizabeth Warren, D-Mass., has promised to sign an executive order on her first day as president to ban hydraulic fracturing or fracking, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 10, 2019
Eia: Florida shifts to natural gas for electricity
Florida is rapidly turning to natural gas to produce its electricity, Kallanish Energy reports. Florida has added 16 gigawatts of utility-scale natural gas-fired electric generation between 2008 and 2018, about 24% of all U.S.- Joe Barone, Shale Directories
- Blog
- September 9, 2019
Fight continues over new Enbridge Mainline contracts
More than two dozen Canadian oil producers have filed comments with the Canada Energy Regulator on Enbridge’s plan to revise its shipping contracts on the Mainline pipeline system, Kallanish Energy has learned.- 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 5, 2019
Correction: Ohio 2Q 2019 shale production
Ohio’s crude oil production increased by 29.54% in second quarter 2019, and natural gas production increased by 10.81% from 2Q 2018.- Joe Barone, Shale Directories
- Blog
- September 4, 2019
Angola launches offshore bidding round
Angola’s National Agency for Petroleum, Gas and Biofuels (Anpg) on Tuesday launched its 2019 licensing round at a presentation in the capital city of Luanda, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Saudi Arabia splits energy, industry ministry
Saudi Arabia has announced a reshuffling in its former most important ministry – the Energy, Mineral Resources and Industry Ministry – as the kingdom prepares for a transformational future, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Opec’s output up for the first time in 2019
Crude oil production from the Organization of the Petroleum Exporting Countries (Opec) rose for the first time in the year in August, despite higher-than-pledged cuts from Saudi Arabia and other Gulf producers.- Joe Barone, Shale Directories
- Blog
- August 29, 2019
Plains gives up on pipeline steel surcharge
U.S. pipeline operator Plains All American has abandoned a plan to institute a surcharge to offset Section 232 steel tariffs for its new Cactus II Pipeline, following objections by ConocoPhillips and Encana, according to regulatory documents secured by Kallanish, sister publication of Kallanish Energy.- Joe Barone, Shale Directories
- Blog
- August 29, 2019
Power sector still the U.S.’s largest electricity consumer
Energy consumption in the U.S. reached a record high of more than 101 quadrillion British thermal units (quads) in 2018, surpassing the previous high recorded in 2007, by less than 0.3%, the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- August 29, 2019
Montana coal mine expansion gets backing after sale
Montana regulators this week proposed approval of a major expansion of the state’s largest coal mine after it was sold through bankruptcy auction to a company controlled by the Navajo Nation, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 28, 2019
U.S. picks ConocoPhillips for Alaska project
The Trump administration has chosen a development plan for a ConocoPhillips project that could significantly boost Alaska oil production, according to a draft environmental report, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- August 28, 2019
Mexico reaches deal with pipeline operators on contracts
Mexican President Andrés Manuel López Obrador Tuesday announced a deal ending a standoff with four natural gas pipeline operators over contract prices, allowing them to avoid international arbitration, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 27, 2019
Sixteen PRB mines produce 43% of US coal
More than 40% of coal produced in the U.S. comes from 16 mines in the Powder River Basin (Prb), which is primarily located in northeast Wyoming/southeast Montana, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- August 27, 2019
Mexico near deal to resolve pipeline conflict
The administration of Mexican President Andrés Manuel López Obrador has reached a preliminary deal with four private pipeline companies to resolve a conflict over natural gas line contracts, people familiar with the talks told The Wall Street Journal.- Joe Barone, Shale Directories
- Blog
- August 23, 2019
Turbine maintenance firm moving to Rhode Island
The push to transform Rhode Island into a hub for the offshore wind industry could soon take another step forward with the proposed move of a second British turbine maintenance company into the state, Kallanish Energy understands.- Joe Barone, Shale Directories
- Blog
- August 21, 2019
3.7 magnitude earthquake shakes parts of Oklahoma
No injuries were reported after a 3.7 magnitude earthquake was recorded in eastern Oklahoma Sunday, Kallanish Energy learns. The U.S. Geological Society (Usgs) said the earthquake was reported at 4:07 a.m.- Joe Barone, Shale Directories
- Blog
- August 21, 2019
Judge to decide if Fes can emerge from Chapter 11
A federal court hearing that could result in FirstEnergy Solutions emerging from bankruptcy is expected to wrap up late Wednesday, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- August 20, 2019
Natgas deliveries to US LNG export facilities set record
Natural gas deliveries to U.S. facilities producing liquefied natural gas (LNG) for export set a monthly record in July, averaging 6.0 billion cubic feet per day (Bcf/d) — 7% of the total U.S.- Joe Barone, Shale Directories
- Blog
- August 20, 2019
Shell cracker workers paid to listen to Trump speech: report
Union workers at Shell’s ethane cracker complex under construction in Beaver County, Pennsylvania, were required to attend President Trump’s speech at the facility a week ago, or stay home and not be paid, according to the Pittsburgh Post-Gazette newspaper.- Joe Barone, Shale Directories
- Blog
- August 19, 2019
EQM stops work on portion of Mountain Valley line
EQM Midstream Partners told the Federal Energy Regulatory Commission via letter last week the company would stop some work on the Mountain Valley natural gas pipeline in West Virginia and Virginia, as the U.S.- Joe Barone, Shale Directories
- Blog
- August 19, 2019
Annual US refinery runs projected to fall for 1st time in decade
U.S. gross inputs to refineries, aka, refinery runs, have increased each year since 2009, most recently reaching a record high of 17.3 million barrels per day (Mmbpd) in 2018, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 18, 2019
Stored working gas total still climbing
The volume of working gas injected into storage in the latest Energy Information Administration’s weekly survey rose less than 2% from the previous week, Kallanish Energy calculates.- 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 14, 2019
Trump claims credit for cracker plant during PA visit
President Trump boasted Tuesday afternoon about his administration’s efforts to “revive” the nation’s energy and manufacturing sectors during a visit to Royal Dutch Shell’s ethane cracker plant construction site in Beaver County, Pennsylvania.- Joe Barone, Shale Directories
- Blog
- August 14, 2019
New lawsuit filed over Mountain Valley Pipeline
Conservation groups have filed a new lawsuit aimed at the Mountain Valley Pipeline over its impacts on threatened and endangered species, The Associated Press reported.- Joe Barone, Shale Directories
- Blog
- August 14, 2019