- Joe Barone, Shale Directories
- Blog
- April 18, 2019
Duc total slips slightly in March
The number of Ducs, drilled, but uncompleted wells, located in the Lower 48 U.S. states’ seven most productive unconventional basins/plays fell slightly from February to March, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 17, 2019
Crude production projected to rise 80,000 Bpd
Crude oil production from the seven most productive unconventional plays/basins in the Lower 48 U.S. states will increase 80,000 barrels per day from April to May to a new record, the Energy Information Administration projects.- 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
- April 16, 2019
U.S. exports 2 Mmbpd of crude in 2018
In 2018, U.S. exports of crude oil rose to 2.0 million barrels per day (Mmbpd) — nearly double the 1.2 Mmbpd rate in 2017 — the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- April 15, 2019
Working gas injected for 2nd straight week
In what generally signals spring and warmer weather have arrived, natural gas was injected, not pulled from, underground for the second consecutive week in the latest Energy Information Administration survey, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 11, 2019
Natural gas consumption projected to jump in 2019
The Energy Information Administration expects U.S. natural gas consumption to increase by 2.5 billion cubic feet per day (Bcf/d) (3.0%) in 2019, according to EIA’s just-released Short-Term Energy Outlook (Steo), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 11, 2019
U.S. Ngcc capacity surpasses coal-fired capacity
The amount of generating capacity from natural gas-fired, combined-cycle (Ngcc) power plants in 2018, surpassed coal-fired plants as the technology with the most electricity generating capacity in the U.S.- Joe Barone, Shale Directories
- Blog
- April 11, 2019
Trump signs orders making it tougher to block pipelines
President Trump Wednesday signed two executive orders designed to eliminate hurdles to new and existing natural gas pipeline construction nationwide, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 10, 2019
Executive order aims to prevent states from blocking pipelines
President Trump today will sign an executive order designed to prevent states from blocking pipelines and other energy infrastructure by using authority they feel is afforded them under the federal Clean Water Act, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 10, 2019
Aramco breaks demand record, bond tops $100B
Orders for Saudi Aramco’s debut international bonds topped $100 billion, a strong vote of market confidence for the world’s largest oil company, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 8, 2019
Engie, Caisse to buy Petrobras pipe unit for $8.6B
Petroleo Brasileiro SA (Petrobras) agreed to sell its 90% stake in a Brazilian natural gas pipeline company to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion.- Joe Barone, Shale Directories
- Blog
- April 8, 2019
U.S. adds companies, ships to Venezuela sanctions list
The U.S. Friday added two companies which ship crude oil from Venezuela to Cuba, along with 34 ships, to a financial sanctions list aimed at increasing pressure on Venezuelan President Nicolas Maduro to step down and turn over power to his opposition.- Joe Barone, Shale Directories
- Blog
- April 8, 2019
Venezuela oil output is said to have dropped by 50%
Power failures that kept Venezuela in darkness for much of March also briefly slashed the country’s crude production by 50%, people familiar with the situation told Bloomberg.- Joe Barone, Shale Directories
- Blog
- April 5, 2019
Governor approves review of Mass. natgas lines
Massachusetts Gov. Charlie Baker has signed legislation funding an examination of the state’s natural gas distribution system, a move prompted by recent gas pipeline explosions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 4, 2019
PG&E names new CEO, 10 new directors to be appointed
Embattled PG&E Corp. and its utility Pacific Gas and Electric, on Wednesday announced the appointment of William “Bill” Johnson as president and CEO, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 4, 2019
LNG will be big part of China-U.S. trade once tensions resolved: CNOOC
Liquefied natural gas is expected to become a big part of China-U.S. trade once the dispute is resolved between the two countries, a senior executive from China National Offshore Oil Corp.- Joe Barone, Shale Directories
- Blog
- April 4, 2019
Federal judge places new probation terms on PG&E
A federal judge in San Francisco is barring utility giant Pacific Gas and Electric from re-issuing dividends in favor of using the funds for reducing the risk of wildfires in the company’s service area.- Joe Barone, Shale Directories
- Blog
- April 1, 2019
Japanese refiners halt Iran oil imports as waiver draws near
Japanese refineries have stopped importing Iranian oil after buying 15.3 million barrels between January and March ahead of the expiration of a temporary waiver on U.S.- Joe Barone, Shale Directories
- Blog
- April 1, 2019
Bankruptcy judge approves Dip loan for PG&E
Bankrupt California power provider PG&E Corp. won court approval last week for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes.- Joe Barone, Shale Directories
- Blog
- March 30, 2019
Working gas pulled from storage slips
The volume of working natural gas withdrawn from underground storage in the most recent Energy Information Administration weekly survey fell to double from triple digits for the second straight week.- Joe Barone, Shale Directories
- Blog
- March 29, 2019
Group takes oil refinery fight to North Dakota’s high court
An environmental group is taking its battle against an oil refinery being developed near Theodore Roosevelt National Park to the North Dakota Supreme Court.- Joe Barone, Shale Directories
- Blog
- March 28, 2019
U.S. crude inventories rise by 2.8 Mmbbl
U.S. crude oil inventories for the week ended March 22 (excluding the Strategic Petroleum Reserve), increased by 2.8 million barrels (Mmbbl) from the previous week, according to Energy Information Administration data.- Joe Barone, Shale Directories
- Blog
- March 28, 2019
U.S. coal exports in 2018 highest in 5 years
While U.S. coal consumption has generally declined since its 2008 peak, the Energy Information Administration projects U.S. coal exports reached 116 million short tons (Mmst) in 2018 — the highest level in five years — based on foreign trade data collected by the U.S.- Joe Barone, Shale Directories
- Blog
- March 27, 2019
Activity stops at Venezuela’s main oil port after blackout
Venezuela’s main oil port of Jose, operated by state-run oil giant Pdvsa, was virtually shut down following a massive power blackout Monday, two oil industry workers and a union leader close to the facility told Reuters.- Joe Barone, Shale Directories
- Blog
- March 26, 2019
Back to the future: Scientists turn CO2 back into coal
Carbon capture and sequestration (storage) has been part of the discussion concerning how to deal with greenhouse gases primarily from burning coal, for decades.- Joe Barone, Shale Directories
- Blog
- March 25, 2019
U.S. natgas consumption sets record in 2018
U.S. natural gas usage jumped 10% in 2018, to a record 82.1 billion cubic feet per day (Bcf/d), the Energy Information Administration reported.- Joe Barone, Shale Directories
- Blog
- March 25, 2019
U.S. imports zero Venezuelan heavy crude
The combination of President Trump’s sanctions and the economic chaos that is Venezuela combined during the week ended March 15 to zero-out U.S.- Joe Barone, Shale Directories
- Blog
- March 21, 2019
U.S. judge blocks O&G drilling over climate change
A federal judge has blocked oil and gas drilling across roughly 500 square miles of Wyoming territory, saying the U.S. government must consider climate change impacts more broadly as it leases huge areas of public land for energy exploration.- Joe Barone, Shale Directories
- Blog
- March 21, 2019
U.S. crude inventories plunge on strong exports, refining demand
U.S. crude oil inventories last week fell by 9.6 million barrels (Mmbbl), the most in eight months, aided by strong export and refining demand, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- March 20, 2019
U.S. grants Iraq new sanctions waiver to buy Iranian energy: source
The Trump administration is granting Iraq a renewed 90-day waiver, exempting it from U.S. sanctions on Iran, a State Department official told CNBC Tuesday.- 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 18, 2019
Ex-transportation czar to oversee safety efforts of NiSource
The utility company blamed for last September’s natural gas explosions and fires in Massachusetts has tapped former U.S. Secretary of Transportation Ray LaHood to oversee its safety efforts.- Joe Barone, Shale Directories
- Blog
- March 15, 2019
Citgo’s new chairwoman reassures O&G industry
Luisa Palacios, Citgo Petroleum’s recently appointed chairwoman, reassured the energy industry this week the Houston-based refiner remains reliable, despite the political and economic crisis that’s crippled its parent, Venezuela’s national oil company, PDVSA.- Joe Barone, Shale Directories
- Blog
- March 14, 2019
Inter Pipeline plans $600M petchem plant
Calgary-based Inter Pipeline has plans to build a $600 million petrochemical project near Edmonton, Alberta, Kallanish Energy reports. The province of Alberta has agreed to provide $70 million in royalty credits under Premier Rachel Notley’s Made-in-Alberta energy diversification strategy.- Joe Barone, Shale Directories
- Blog
- March 12, 2019
OIl. natgas production soars in Ohio’s Utica
Crude oil production in Ohio’s Utica Shale play increased by 38.56% from the fourth quarter of 2017, to the final three months of 2018, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 8, 2019
Parker reorganization plan confirmed by court
Parker Drilling said late Thursday the U.S. Bankruptcy Court for the Southern District of Texas confirmed the company’s amended joint Chapter 11 reorganization plan.- Joe Barone, Shale Directories
- Blog
- March 8, 2019
Rio Grande LNG leases acreage at Port of Brownsville
The proposed $15 billion Rio Grande LNG export terminal and pipeline at the Port of Brownsville, Texas, took a big step forward this week when the Brownsville Navigation District awarded Rio Grande LNG a 30-year lease for 984 acres of land along the Brownsville Ship Channel.- Joe Barone, Shale Directories
- Blog
- March 7, 2019
Natural gas helped New Yorkers save nearly $30.9B over decade
New York state saved nearly $30.9 billion between 2006 and 2016, due to increased natural gas production, according to data released by the Consumers Energy Alliance (Cea), based on calculations by Orion Strategies.- Joe Barone, Shale Directories
- Blog
- March 7, 2019
GOP senators introduce bill to speed up Ferc process
A group of Republican senators has reintroduced a bill to reduce wait times for federal approval of energy infrastructure projects, including liquefied natural gas projects and pipelines.- Joe Barone, Shale Directories
- Blog
- March 6, 2019
Blm approves Wyoming pipelines for enhanced oil recovery
The U.S. Bureau of Land Management has approved construction of two 243-mile twin pipelines across Wyoming, Kallanish Energy reports. The project would transport carbon dioxide from southwest Wyoming for use in enhanced oil recovery in Wyoming, Montana and North Dakota.- Joe Barone, Shale Directories
- Blog
- March 4, 2019
Hedge fund nominates 13 candidates for PG&E board
Hedge fund BlueMountain Capital, which owned roughly 1.55% of outstanding shares in bankrupt utility Pacific Gas & Electric at Dec. 31, 2018, announced Friday it’s nominated 13 candidates for election to the company’s board.- Joe Barone, Shale Directories
- Blog
- March 1, 2019
Opec rescued oil from ‘total collapse,’ U.S. prevented ‘major chaos’: Barkindo
Opec is responsible for saving the entire oil industry by curbing output, the cartel’s secretary general told CNBC — but the U.S.- Joe Barone, Shale Directories
- Blog
- February 28, 2019
U.S. crude production reaches 12.1 Mmbpd
U.S. crude oil production set another record last week, reaching 12.1 million barrels per day, the latest Energy Information Administration data revealed.- Joe Barone, Shale Directories
- Blog
- February 28, 2019
Crude oil surges as U.S. crude stocks dive
Crude oil prices jumped more than 1.75% Wednesday after U.S. government data showed an unexpected and sharp drop in U.S. crude inventories.- Joe Barone, Shale Directories
- Blog
- February 28, 2019
Bahrain talking to U.S. oil companies about oil deal
Middle East country Bahrain is talking to U.S. oil companies with shale oil expertise about developing a huge oil and gas field discovered last year, the country’s oil minister said this week.- Joe Barone, Shale Directories
- Blog
- February 27, 2019
Judge OKs settlement from nation’s largest natural gas leak
A $120 million court settlement from one of the largest-ever U.S. natural gas leak was approved by a California judge Monday despite objections from local residents and criticism from environmentalists.- Joe Barone, Shale Directories
- Blog
- February 21, 2019
New England grid vulnerable to natgas shortages: ISO-NE head
New England’s regional electric grid is facing “significant vulnerabilities” as the power generation mix shifts from nuclear and oil-fueled power plants, toward renewable energy and natural gas-fired units, the president and CEO of the grid says.- Joe Barone, Shale Directories
- Blog
- February 20, 2019
Gas production jumps from February to March: Dpr
Natural gas production from the seven most prolific unconventional basins/plays in the Lower 48 U.S. states will jump by nearly 1 billion cubic feet between February and March, the monthly Drilling Productivity Report (Dpr) reveals.- Joe Barone, Shale Directories
- Blog
- February 20, 2019
Crude production projected to rise from February to March
Crude oil production from the seven most prolific unconventional basins/plays in the Lower 48 U.S. states will climb 84,000 barrels per day from February to March, the latest Drilling Productivity Report (Dpr) projects.- Joe Barone, Shale Directories
- Blog
- February 19, 2019
Chinese firm to build Ethiopia-Djibouti natgas line
Chinese firm Poly-GCL Petroleum Group Holdings Ltd. will build the 767-kilometer (477-mile) Ethiopia-Djibouti natural gas pipeline, the Ethiopia Ministry of Mines and Petroleum (MoMP) announced Saturday.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
EQT, royalty owners reach tentative deal on class action royalty claims
EQT Corp., the U.S.’s largest natural gas producer, today announced it’s reached a tentative settlement agreement with West Virginia landowners who are part of a statewide class action lawsuit concerning royalties.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
Natgas, renewables for power generation growing
The share of U.S. total utility-scale electricity generation from natural gas-fired power plants is projected to rise from 35% in 2018, to 36% in 2019, and to 37% in 2020, Steo, the latest Short-Term Energy Outlook produced by the Energy Information Administration, reports.- Joe Barone, Shale Directories
- Blog
- February 12, 2019
Venezuela oil czar courts India to buy more crude
Venezuela’s oil minister made a surprise appearance at an energy event in India as the Opec producer seeks closer ties with major crude customers due to U.S.- Joe Barone, Shale Directories
- Blog
- February 11, 2019
U.S. production, use of refined coal growing
U.S. production of refined coal, coal processed to reduce emissions when burned, reached record highs in 2017, and is expected to increase even more in 2018, the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- February 7, 2019
Trump touts U.S. as net energy exporter in SOTU, but he’s early
President Trump during Tuesday night’s State of the Union (SOTU) address, touted “a revolution in American energy” that has made the U.S.- Joe Barone, Shale Directories
- Blog
- February 6, 2019
Natgas prices will determine future U.S. powergen mix
Projected U.S. power generation and capacity currently is significantly influenced by natural gas prices, the Energy Information Administration states. In EIA’s recent Annual Energy Outlook 2019’s (AEO2019)high oil and gas resource and technology scenario, which includes projected low natural gas prices, natural gas provides 54% of all U.S.- Joe Barone, Shale Directories
- Blog
- February 5, 2019
Nat Fuel gets 3-year deadline extension for Northern Access
National Fuel was granted a three-year deadline extension from the Federal Energy Regulatory Commission to complete a pipeline that would flow natural gas from the Marcellus Shale of northern Pennsylvania into Canada.- Joe Barone, Shale Directories
- Blog
- February 4, 2019