- Joe Barone, Shale Directories
- Blog
- December 10, 2019
Entergy, NextEra begin building Arkansas solar project
A subsidiary of NextEra Energy Resources and Entergy Arkansas last week announced the start of construction of Arkansas’ largest utility-scale solar energy project, the 100-megawatt Chicot Solar Energy Center, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 10, 2019
O&G down, but certainly not out
It’s not hard to miss the signs: * The onshore Lower 48 U.S. states working-rig count has dropped more than 26% since the first week of 2019.US working-rig count continues to slip
The number of rigs working onshore in the Lower 48 U.S. states last week fell by three for the second straight week, data from Baker Hughes Co.’s weekly rig survey reveals.- Joe Barone, Shale Directories
- Blog
- December 9, 2019
KM expects core earnings to increase in 2020
U.S. pipeline operator Kinder Morgan said it expects its core earnings to increase slightly in 2020, Kallanish Energy reports. The company said it intends to cut its debt and increase its dividend next year.- Joe Barone, Shale Directories
- Blog
- December 9, 2019
US crude posts best week since June, on Opec+ news
Crude oil rose Friday as Opec+ agreed to raise production cuts another 500,000 barrels a day through March 2020, bringing total production cuts to 1.7 million barrels a day, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 8, 2019
US working gas in storage falls for 3rd straight week
The volume of working natural gas pulled from storage in the latest Energy Information Administration weekly survey dropped for the third consecutive week.- Joe Barone, Shale Directories
- Blog
- December 5, 2019
US crude stockpiles fall for 1st time in 6 weeks
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Nov. 29, fell by 4.9 million barrels (Mmbbl) from the previous week, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- December 4, 2019
ET, Shell release EPC tender for Lake Charles project
Energy Transfer LP (ET) said Tuesday a tender has been issued to engineering, procurement and construction (EPC) contractors to submit final commercial bids for the proposed Lake Charles LNG liquefaction project, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 3, 2019
Sabine O&G completes sale to Osaka Gas USA
Sabine Oil & Gas Holdings said Monday it’s closed the sale of its subsidiary, Sabine Oil & Gas Corp. to Osaka Gas USA Corp., parent company Osaka Gas’s first move into U.S.- Joe Barone, Shale Directories
- Blog
- December 3, 2019
Cold weather prompts fuel switching in RTOs
A historic November cold snap sent temperatures below freezing in 75% of the Lower 48 states, with the price of natural gas jumping from less than $2.00 per million British thermal units (MMBtu) on average in October, to a mid-November high of $5.11/MMBtu at the Tetco M3 hub, located in northeast Pennsylvania, in the PJM Interconnection.- Joe Barone, Shale Directories
- Blog
- December 3, 2019
McDermott, Chiyoda flow feed gas to Cameron’s Train 2
McDermott International and its joint-venture partner, Chiyoda International, Monday announced Train 2 of the Cameron liquefied natural gas export project, in Hackberry, Louisiana, has reached the final commissioning stage, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 2, 2019
Texas plant explosion: Fires continues into 5th day
A fire continued to burn late Saturday night at the Port Neches, Texas, chemical plant that exploded Wednesday night, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 2, 2019
Working gas pulled from storage for 2nd week in row
Working natural gas was pulled from storage for the second consecutive week in the latest Energy Information Administration survey, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 29, 2019
Fire rages at Texas chemical plant day after explosions
Officials in East Texas said Thursday they didn’t know when roughly 50,000 people evacuated from their homes following two explosions at a chemical plant would be able to return, as an onsite fire continued to burn.- Joe Barone, Shale Directories
- Blog
- November 29, 2019
Cowboys owner looks to score big in the Haynesville
Jerry Jones, owner/general manager of the National Football League’s Dallas Cowboys, has taken a fancy to Louisiana’s Haynesville Shale, calling it the best play for low-cost hydrocarbons and that he’s hunting for more acreage there.- Joe Barone, Shale Directories
- Blog
- November 27, 2019
US energy-related CO2 emissions rose in 2018
Total U.S. energy-related carbon dioxide emissions in 2018 rose to 5.27 billion metric tons, 2.7% more than its 2017 level, the Energy Information Administration reports.- Joe Barone, Shale Directories
- Blog
- November 26, 2019
Oil rises as traders bet on trade deal, economic rebound
Crude oil rose Monday after posting three straight weeks of gains, nudged higher by positive comments from the U.S. and China rekindled hopes in global markets the world’s two largest economies could soon sign an interim deal to end their trade war.- Joe Barone, Shale Directories
- Blog
- November 26, 2019
Proposed LNG export facility inks deal with trader
International commodities trader Gunvor and Commonwealth LNG have signed a deal related to Commonwealth’s $4 billion liquefied natural gas export project in Cameron Parish, Louisiana, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 25, 2019
Moler appointed Tallgrass Energy’s new CEO
Midstreamer Tallgrass Energy said Monday the board of its general partner has appointed William R. (Bill) Moler as CEO, effective immediately, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 25, 2019
Restaurant Association sues over natgas ban
It’s getting hot in the kitchen in the state of California. The California Restaurant Association (CRA) has filed suit against the City of Berkeley following the city’s ban on natural gas infrastructure and the use of natural gas in newly constructed buildings, beginning Jan.- Joe Barone, Shale Directories
- Blog
- November 25, 2019
Last New York coal plant set to close
The last operating coal-fired power plant in New York state could close by mid-February, Power magazine reported. Somerset Operating Co. on Nov.- Joe Barone, Shale Directories
- Blog
- November 24, 2019
Brookline, MA banning O&G pipes in new builds
Taking a cue from what’s happening in California, residents of Brookline, Massachusetts, last week voted to ban the installation of oil and gas pipes in new buildings, as well as in extensive renovations of existing buildings — the first such prohibition in Massachusetts.- Joe Barone, Shale Directories
- Blog
- November 21, 2019
US’s first floating wind farm could be off Maine
The University of Maine is moving forward with plans for the first full-scale offshore floating turbine in the U.S., Kallanish Energy understands.- Joe Barone, Shale Directories
- Blog
- November 21, 2019
US crude inventories rise for 4th straight week
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended No. 15, increased by 1.4 million barrels from the previous week – the fourth consecutive week of increases, but the smallest of the four, Kallanish Energy calculates.- Joe Barone, Shale Directories
- Blog
- November 19, 2019
Mexico’s latest gut punch to investors upends wind, solar aid
Mexico’s president is tearing down a system to encourage renewable-power development, dealing another gut punch to efforts to attract private investment to the nation’s energy sector, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- November 19, 2019
US energy tube pricing remains rudderless
U.S. energy tubular pricing remains in a rut despite skelp prices creeping upwards, Kallanish, sister publication of Kallanish Energy, learns from market sources.- Joe Barone, Shale Directories
- Blog
- November 19, 2019
Jordan Cove terminal would have ‘significant’ impacts: report
The proposed Jordan Cove liquefied natural gas export facility and its 230-mile feeder pipeline in Southern Oregon would cause adverse and significant impacts if built, according to Federal Energy Regulatory Commission staff, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 18, 2019
Noble drops-down midstream assets for $1.6B
Independent producer Noble Energy said Friday after concluding its midstream review, it will retain and increase its ownership in Noble Midstream Partners (NBLX), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 18, 2019
Customers pay higher rates for PURPA pacts: study
Solar and wind contract rates signed under the Public Utility Regulatory Policies Act (PURPA) are costing end-use customers between $2.7 billion and $3.9 billion in overpayments over the life of said pacts, a new study projects, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 15, 2019
US crude inventories continue climbing
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.2 million barrels during the week ended Nov.- Joe Barone, Shale Directories
- Blog
- November 14, 2019
Porges to step down from Equitrans board
Equitrans Midstream said late Wednesday former EQT chief executive David L. Porges will step down from the natural gas midstreamer’s board, effective Dec.- Joe Barone, Shale Directories
- Blog
- November 14, 2019
Panel approves incentives for natgas export facility
Eagle LNG Partners LLC is seeking $23 million in city of Jacksonville, Florida, incentives for building a $542 million liquefied natural gas export facility in the city, the Florida Times-Union reports.- Joe Barone, Shale Directories
- Blog
- November 14, 2019
Carbo Ceramics issues ‘going concern’ warning
Chesapeake Energy wasn’t the only energy-related company last week to warn it may fail as a going concern, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- November 13, 2019
Dry gas production continues climbing in 2020: STEO
Annual U.S. dry natural gas production will average 92.1 billion cubic feet per day (Bcf/d) in 2019, up 10% from 2018, the Energy Information Administration reports in the just-released Short-Term Energy Outlook (STEO), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 12, 2019
Outside activists threatening energy industry: CEA
Well-funded, out-of-state activists are threatening Oklahoma’s oil and gas resources and pipeline network, a consumer energy group warned in a recent report, CNHI News Service reported.- Joe Barone, Shale Directories
- Blog
- November 12, 2019
Oxy looking to sell Wyoming, Colorado assets: sources
Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado acquired when it purchased Anadarko Petroleum, hoping the assets will bring up to $700 million, people familiar with the matter told Reuters.- Joe Barone, Shale Directories
- Blog
- November 11, 2019
Volume of working gas placed in storage shrinks
The volume of working gas injected into underground storage slowed to the smallest amount in seven months in the latest weekly survey by the Energy Information Administration, Kallanish Energy calculates.- Joe Barone, Shale Directories
- Blog
- November 11, 2019
PJM projects sufficient power for winter needs
Power grid operator PJM Interconnection projects its members will be able to provide nearly 40% more electricity than the power grid operator expects to be needed this winter at peak demand, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 8, 2019
US line pipe drops again in October
US line pipe prices declined again in October, Kallanish learns from market observer Pipe Logix. Average US line pipe prices fell in October to $1,565/short ton, down -1.1% from September.- Joe Barone, Shale Directories
- Blog
- November 8, 2019
Equinor sells Eagle Ford assets in $325M deal
Equinor has agreed to sell to Repsol its 63% interest in, and operatorship of, its onshore business in the Eagle Ford Shale play in South Texas, for $325 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 7, 2019
Cause of Philly refinery fire causes concern over other facilities
Safety experts and activists are asking numerous questions concerning the fire which devastated the U.S. East Coast’s largest and oldest refinery, Kallanish Energy understands.- Joe Barone, Shale Directories
- Blog
- November 7, 2019
XOM, FuelCell expand carbonate fuel cell pact
ExxonMobil (XOM) and FuelCell Energy said Wednesday they’ve signed a new, two-year, expanded joint-development agreement to further enhance carbonate fuel cell technology, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 6, 2019
ICD admits receiving NYSE non-compliance letter
Onshore drilling service provider Independence Contract Drilling (ICD) said Tuesday it received written notification from the New York Stock Exchange that as of Nov.- Joe Barone, Shale Directories
- Blog
- November 5, 2019
Weak market anchors US energy tube pricing
US energy tubular pricing remains pressured on nearly all fronts, with the sole exception of rising hot-rolled prices, Kallanish learns. Several market sources predict that the US rig count will eventually fall below 800 and hover for the majority of 2020.XOM says banning fracking will aid foreign producers
Banning hydraulic fracturing in the U.S. will aid foreign oil producers at the expense of the American economy, an ExxonMobil (XOM) executive said Friday.- Joe Barone, Shale Directories
- Blog
- November 4, 2019
Stored gas more than half-Tcf higher than year ago
The volume of working natural gas added to storage in the latest Energy Information Administration weekly survey rose by 89 billion cubic feet, bringing this year’s total to more than a half-trillion cubic feet higher than one year ago.- Joe Barone, Shale Directories
- Blog
- November 3, 2019
Pa emissions fell 92% as energy production rose almost 3,000%
Pennsylvania emissions fell as much as 92% since 1990, even as the state’s energy demand and production soared eleven fold from 2010 to 2018, and natural gas processing expanded more than eightfold during that time frame, a Consumer Energy Alliance (CEA) analysis found.- Joe Barone, Shale Directories
- Blog
- November 1, 2019
Ørsted, PSEG negotiating offshore wind farm investment
Danish wind farm developer Ørsted and energy company Public Service Enterprise Group (PSEG) announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of Ørsted’s offshore wind projects, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 1, 2019
Big oil, big corn both blast Trump biofuel plan
Corn farmers, ethanol producers, refinery representatives, energy traders and state and local officials from the Midwest all blasted the Trump administration’s proposed biofuels plan for next year during a public hearing Wednesday, hosted by the U.S.- Joe Barone, Shale Directories
- Blog
- October 31, 2019
Shale Support to expand Shale Rail partnership
Shale Support Global Holdings, a provider of frac-sand and logistics services to the oil and gas industry, has signed an extension to continue working with Shale Rail as the exclusive supply company for a Bradford County, Pennsylvania, frac sand storage facility.- Joe Barone, Shale Directories
- Blog
- October 31, 2019
Oil industry veteran Keenan resigns from Apache
Oil and gas industry veteran Steven Keenan, who is credited with the Alpine High shale discovery for Apache Corp, resigned from his position as senior vice president of Worldwide Exploration, the company said.- Joe Barone, Shale Directories
- Blog
- October 30, 2019
US crude inventories jump
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Oct. 25, increased by 5.7 million barrels from the previous week, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- October 30, 2019
Pemex posts $4.6B loss on sagging exports, domestic sales
Mexico’s state-run oil company Petroleos Mexicanos, or Pemex, reported year-on-year production was down 2.9%, but posted a huge $4.6 billion third-quarter loss due to sagging exports and domestic sales, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- October 29, 2019
EPD’s oil pipeline system expansions to add 900,000 Bpd
Enterprise Products Partners (EPD) said Monday it expects its Midland-to-ECHO 3 and 4 Permian crude pipeline system expansions each will add roughly 450,000 barrels per day of additional capacity, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 28, 2019
PG&E shuts off power to 940,000 as CA wildfires rage
Millions of Californians were without power Sunday as Pacific Gas and Electric Co. implemented its largest-ever blackout to prevent wildfires during high and hot winds, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2019
Revenue from public lands drilling up by 33% in 2018
Revenue collected and dispersed assets from energy production on public lands rose by billions in Fiscal Year 2019, according to new data released last week by the U.S.- Joe Barone, Shale Directories
- Blog
- October 25, 2019
US Grid secures backing from EnCap, Yorktown
US Grid Co. said this week it’s secured an undisclosed amount of investment funding from equity capital provider EnCap Investments and private equity firm Yorktown Partners, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 25, 2019
Dominion, Smithfield JV becomes largest US RNG supplier
Dominion Energy and Smithfield Foods announced they would double their investment to $500 million in a joint venture converting methane to clean natural gas, creating the nation’s largest supplier of renewable natural gas (RNG), Kallanish Energy reports The two companies created Align Renewable Natural Gas in November 2018, allocating $250 million to the project over 10 years.- Joe Barone, Shale Directories
- Blog
- October 24, 2019