- Joe Barone, Shale Directories
- Blog
- March 28, 2020
Natural Gas Now Best Picks of the Week – March 28, 2020
Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.- Joe Barone, Shale Directories
- Blog
- March 27, 2020
Moody’s lowers Henry Hub gas price forecast 📉
Moody’s Investors Services announced on Thursday it has reduced its medium-term price band for Henry Hub natural gas by 25 pences, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 27, 2020
Petrobras cuts production by 3%, slash investments
Brazilian state-run oil company Petrobras said on Thursday it reducing production by 100,000 barrels per day by month-end in a response to the oil price shock and the impacts of Covid-19.- Joe Barone, Shale Directories
- Blog
- March 27, 2020
UK’s piped gas imports down 28% in 2019
UK’s pipeline imports of gas dropped 28% in 2019 to its lowest level in 12 years, as imports of liquefied natural gas (LNG) more than doubled, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 27, 2020
Gazprom isolates 20 workers over coronavirus fears
Russian gas giant Gazprom said on Thursday it has 20 workers isolating at Bovanenkovo gas field, after being in contact with a person who tested positive for Covid-19.- Joe Barone, Shale Directories
- Blog
- March 27, 2020
Energy Transfer gets Pa. waivers for Mariner East 2 work
Pennsylvania has approved six waivers to allow Energy Transfer and subsidiary Sunoco to continue construction on its Mariner East 2 pipelines, Kallanish Energy reports The waivers, approved on Wednesday, allow the company to continue working at 15 construction sites across the state.- Joe Barone, Shale Directories
- Blog
- March 26, 2020
Pennsylvania Manufacturers Show Why HB 1100 Is So Important Now
Tom Shepstone Shepstone Management Company, Inc. . … The Pennsylvania Manufacturers Association has put the numbers together and HB 1100 would be great tool to rebound from the COVID virus.- Joe Barone, Shale Directories
- Blog
- March 26, 2020
Eni announces 2020-2021 plan revision
Italy’s oil major Eni said Wednesday it has concluded a revision of planned activities and will slash its 2020 capex by 25%, with deeper reductions the following year, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 26, 2020
Sinopec Oilfield Service lifts 2020 capex by 18%
China’s Sinopec Oilfield Service Corporation (SSC) said on Tuesday it will increase its capex this year by 18.4% year-on-year, despite the current market outlook, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 26, 2020
Santos defers FID on Barossa gas project
Australian oil and gas producer Santos will defer the final investment decision (FID) on the Barossa gas project due to uncertain and challenging market conditions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 25, 2020
National Grid Makes the Case for NESE, Again, with Emphasis
Tom Shepstone Shepstone Management Company, Inc. . … Yes, NESE is very much alive, and National Grid has assembled one heck of case for it with a new report that lays the groundwork for state approvals.- Joe Barone, Shale Directories
- Blog
- March 25, 2020
Pennsylvania’s Gas Region Is Still Open for Business, Thank You!
Tom Shepstone Shepstone Management Company, Inc. … … Much of the Commonwealth is shut down, but Pennsylvania’s shale region is still humming with business, activity and charity due to the natural gas industry.- Joe Barone, Shale Directories
- Blog
- March 25, 2020
Golar Power to start Brazil’s 1st LNG-to-power station
Brazilian electricity regulator Aneel has given the go-ahead for the start of commercial operations at the country’s first integrated LNG-to-power project, developer Golar Power said this week.- Joe Barone, Shale Directories
- Blog
- March 25, 2020
Market conditions threaten US petchem projects
The U.S. and global chemical investment wave is set to slow “considerably” in the coming years, as companies slash their capex to preserve cash, ICIS said this week.- Joe Barone, Shale Directories
- Blog
- March 24, 2020
Texas Activists’ Efforts to Stop Pipeline Thwarted…Again
Environmental activists in Texas continue to peddle an anti-pipeline agenda with false and misleading information. However, last week, a federal judge in Austin rejected these claims for the third time this year, citing activists’ failure to provide adequate evidence supporting their allegations.- Joe Barone, Shale Directories
- Blog
- March 24, 2020
COVID-19 Virus Being Fought with Methane Control Technology!
Jim Willis Editor & Publisher, Marcellus Drilling News (MDN) COVID-19 virus vaccine development, believe it or not, is being aided by methane control technology developed by an ever innovating oil and gas industry.- Joe Barone, Shale Directories
- Blog
- March 24, 2020
North Sea can survive the price rout: WoodMac
The North Sea can survive the ongoing storm in the oil and gas industry in the short-term, principal analyst at Wood Mackenzie Neivan Boroujerdi said on Monday.- Joe Barone, Shale Directories
- Blog
- March 24, 2020
Aker BP puts projects on hold, cuts capex by 20%
Norwegian-focused oil and gas producer Aker BP said Monday it will put non-sanctioned field development projects on hold as part of its updated investment program and financial framework.- Joe Barone, Shale Directories
- Blog
- March 24, 2020
Total sets immediate action plan for current market
French oil major Total on Monday joined peers Shell and Equinor on announcing immediate action to cope in a “three-crises” environment, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 23, 2020
Oil and Gas Music from the Heartland of America and Business
Tom Shepstone Shepstone Management Company, Inc. … … Oil and gas music is a thing, believe it or not, and it captures the very real practical culture of the oil and gas industry, which is thoroughly American.Shale Gas News – March 21, 2020
Bill desRosiers External Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3- Joe Barone, Shale Directories
- Blog
- March 23, 2020
Gas prices to remain low over the next two years: Fitch 📉
Fitch Ratings has trimmed its natural gas price forecasts both for the U.S. and European benchmarks on the back of “very large” market oversupply, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 23, 2020
Global gas flaring reaches 4.6 Tcf in 2019: GlobalData
Oil and gas producers have flared over 4.6 trillion cubic feet (Tcf) of natural gas globally in 2019, foregoing as much as $24 billion in revenues, Kallanish Energy learns.Google Serving As NRDC Outlet to Promote Fracking Falsehoods
Tom Shepstone Shepstone Management Company, Inc. … … Google, the supposedly neutral unbiased search engine, and green scammer, is feeding us all trash from the NRDC, with which it has always been allied.- Joe Barone, Shale Directories
- Blog
- March 21, 2020
Natural Gas Now Best Picks of the Week – March 21, 2020
Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Mariner East Helping Unfold Pennsylvania’s Energy Future and It’s Sweet
Earl BakerEarl Baker Consulting and Former Pennsylvania State Senator … …. Mariner East pipeline construction is pointing the way to Pennsylvania’s energy future and the sound of it is sweet to the ears of all our workers.DRBC Staff Used Deception and Delay As Obstruction Tactic
Tom Shepstone Shepstone Management Company, Inc. … … As DRBC Executive Director Carol Collier candidly admitted in 2010, the agency has always been out to obstruct natural gas development using delay tactics.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Pennsylvania Governor: Oil & Natural Gas Industry Is a ‘Life-Sustaining Business’
The world is changing daily as we respond to the threat of COVID-19. The need to “flatten the curve” has meant tough decisions about letting certain businesses stay open while requesting or even requiring that others close down.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
ConocoPhillips to cut 2020 capex by $750 million
ConocoPhillips has announced it’s cutting its operational capital expenditure by $700 million this year in response to the recent oil market downturn, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
FERC approves Jordan Cove LNG in Oregon
The Federal Energy Regulatory Commission on Thursday issued a certificate of approval for a liquefied natural gas (LNG) facility in Oregon, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Struggling Gulfport Energy seeks restructuring help
Gulfport Energy, a major natural gas producer in the Appalachian Basin, has hired an investment bank as a debt restructuring adviser, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Wintershall Dea’s production up 9%, costs down 20%
German independent gas and oil producer Wintershall Dea reported this week a 9% increase on its output in 2019 and a 20% reduction on its production costs, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Eni plans ‘strong’ cut to capex, cancels share buyback
Italian oil major Eni said on Wednesday it has cancelled its share buyback program, lowered its forecast for Brent crude and is revising its spending plans, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Energean secures gas prices for 70% of output
Israeli gas-focused company Energean said Tuesday it’s well-placed to weather the challenges currently posed to the industry, and its Edison acquisition will shield the company from price volatility.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Papua New Guinea LNG sells cargo at $4/MmBtu: report
ExxonMobil’s Papua New Guinea LNG plant has reportedly sold a liquefied natural gas cargo at nearly $4 per million British thermal units for loading in April, potentially suggesting a price hike.- Joe Barone, Shale Directories
- Blog
- March 19, 2020
EOG Resources cuts $2 billion or 31% from capex budget
Texas-based EOG Resources is cutting its 2020 capital spending by $2 billion or 31%, in the wake of the spreading coronavirus and the crude oil price war between Saudi Arabia and Russia that is impacting U.S.- Joe Barone, Shale Directories
- Blog
- March 19, 2020
Australia’s Victoria state lifts ban on conventional gas
Australia’s Victoria state will lift a moratorium on onshore conventional natural gas drilling after a three-year investigation, Kallanish Energy reports. The government of the southeastern state said on Tuesday it would introduce legislation to “allow for an orderly restart of onshore conventional gas exploration and development from 1 July 2021.”- Joe Barone, Shale Directories
- Blog
- March 19, 2020
Plastic Politics Looking Ever More Ridiculous with Corona Virus
... … … The meaningless green moralizing connected with plastic politics is looking ever more ridiculous in the face of a real crisis; the Wuhan Corona Virus.- Joe Barone, Shale Directories
- Blog
- March 18, 2020
Golar plans LNG import terminal in Brazil
Liquefied natural gas shipping company, Golar LNG, has revealed plans to develop an LNG import terminal in the Port of Suape, to meet power generation demand in Brazil’s northeastern region, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 18, 2020
Equinor sets unit to deal with Covid-19, oil prices challenge
Norwegian oil major Equinor announced Tuesday it’s setting up a temporary corporate project to handle both short- and long-term issues raising from the coronavirus pandemic and low oil prices environment.- Joe Barone, Shale Directories
- Blog
- March 18, 2020
Novatek reaches 1 Tcm gas production milestone
Russia’s largest independent gas producer, Novatek, said on Tuesday it has produced a total of 1 trillion cubic meter – a milestone since its gas development program started in 1998, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 17, 2020
Corona Lessons: 10 Things We’ve Already Learned
Tom Shepstone Shepstone Management Company, Inc. … … Are there Corona lessons to be learned as the nation deals with the this latest public health threat?- Joe Barone, Shale Directories
- Blog
- March 16, 2020
Green New Deal Fanatics Have No Concept of What They Propose
Paul Driessen Committee For A Constructive Tomorrow …. …. Green New Deal fanatics are proposing something that is literally impossible and even if it were achievable would destructive of life as we know it.- Joe Barone, Shale Directories
- Blog
- March 16, 2020
California Gas Bans Ensure Less Choice and Ever Higher Prices
... … … California’s gas bans are yet another choice-depriving, price-raising policy intended to force consumers into buying into the politics of extremists.Shale Gas News – March 14, 2020
Bill desRosiers External Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3- Joe Barone, Shale Directories
- Blog
- March 16, 2020
Canada’s Husky Energy trims capex, delays projects
Alberta-based Husky Energy has announced plans to trim $1 billion from its budget in 2020 in response to what it called “challenging” global market conditions with the lowest oil prices in three years.- Joe Barone, Shale Directories
- Blog
- March 16, 2020
Owner to keep Pa. nuclear power plant open beyond 2021
The owner of a nuclear power plant in western Pennsylvania has reversed a previous decision and will keep the plant open beyond 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 16, 2020
Nine counties challenge tighter Colorado air rules
Nine rural counties in western Colorado have filed a lawsuit challenging state rules adopted last December to reduce unhealthy ozone pollution, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 16, 2020
BJ Services, Aethon to add new fracturing fleet
Texas-based BJ Services has entered into a four-year agreement with Aethon Energy for a natural gas-fueled fracturing fleet to be used in Louisiana, Kallannish Energy reports The first next-generation Titan fleet will be deployed in the gas-rich Haynesville Shale in the fourth quarter of 2020.- Joe Barone, Shale Directories
- Blog
- March 16, 2020
Wyoming eyes Occidental lands in Utah, Colorado
It is the strangest story of the week: Wyoming may soon to buy a chunk of land in another state for possible oil and gas drilling and other uses, Kallanish Energy has learned.Natural Gas Now Best Picks of the Week – March 14, 2020
Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
Matador Resources to reduce drilling program
Texas-based Matador Resources Co. will reduce its drilling program from six rigs to three rigs before June 30. It is active in the Delaware Basin of West Texas and New Mexico, the Eagle Ford in South Texas and the Haynesville Shale in Louisiana.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
Canadian companies cut capex
MEG Energy Corp. is cutting $50 million from its 2020 capital spending. The total will drop from $250 million to $200 million and it has also reduced its production guidance slightly from 95,500 barrels per day to 94,000 barrels per day.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
Ohio eco-groups recall XTO Energy gas well blowout
One of the biggest-ever methane leaks in the United States occurred two years ago at a natural gas well in eastern Ohio, and Ohio environmentalists remembered that event on Thursday, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
Verbund, OMV negotiate share in Gas Connect Austria
Austria’s leading electricity company, Verbund, has entered exclusive negotiations with OMV for the purchase of a 51% stake in gas pipeline company Gas Connect Austria, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
OMV, Mubadala sign $4.68B Borealis deal
Austria’s oil major OMV and Abu Dhabi’s sovereign investor Mubadala agreed terms for the $4.68 billion deal, which will give OMV a 75% controlling share in petrochemicals company Borealis, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
PGNiG gas sales up 6%, revenues down
Polish state energy company PGNiG said Thursday its natural gas sales increased roughly 6% year-on-year in 2019, despite mild temperatures in the winter months, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 12, 2020
More than $15 Billion Being Invested on Natural Gas Power Plants in Ohio
It’s no secret that Ohio is quickly becoming one of America’s top energy hubs. It’s a major reason why the state has seen proposals for nearly a dozen new natural gas-fired power plants representing more than 9,200 megawatts and more than $15 billion in investments in recent years. As the nation’s fifth largest natural gas producer, Ohio’s abundant supply of clean-burning, affordable natural gas has contributed significantly to U.S.- Joe Barone, Shale Directories
- Blog
- March 12, 2020