- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Hydrogen is no silver bullet to zero-carbon economy: sources
Hydrogen has a key role to play in the future energy systems, but “it’s no silver bullet,” European pro-hydrogen speakers said in an industry webinar on Thursday.- Joe Barone, Shale Directories
- Blog
- July 1, 2020
Leviathan partners ink new domestic gas deal
The partnership developing Israel’s Leviathan offshore gas field has inked a new domestic supply, increasing the number of local deals to 14, the companies said on Tuesday.- Joe Barone, Shale Directories
- Blog
- June 30, 2020
CNOOC makes major discovery offshore China
China’s oil and gas company CNOOC announced on Monday a “significant” oil and gas condensate discovery off the South China Sea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 24, 2020
TechnipFMC bags two new contracts from Equinor
UK’s oilfield services company, TechnipFMC, has bagged two new contracts from Norway energy major Equinor, Kallanish Energy reports. The deals are worth up to $189.7- Joe Barone, Shale Directories
- Blog
- June 19, 2020
Sakhalin Energy granted 5-year license extension
Russia’s Sakhalin Energy, the operator of the Sakhalin-2 LNG plant, said on Thursday its oil and gas licenses have been extended for another five years, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
Gazprom seeks alternative ways to complete NS2 pipeline
Gazprom and partners are seeking ways to proceed with the completion of the Nord Stream 2 gas pipeline, from Russia to Germany, circumventing U.S.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
IEA unveils framework for future government energy action
The International Energy Agency has released an energy sector framework for governments to boost economic growth, create new employment opportunities and accelerate cleaner energy infrastructures.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
Growth in global renewables consumption offers ‘pivotal moment’: BP
The continued increase in global use of renewable energies could provide a “pivotal moment” following the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 17, 2020
ExxonMobil slashes Guyana oil output to control flaring rates
ExxonMobil has had to reduce its crude oil production in Guyana to avoid surpassing gas flaring limits imposed by the government, according to the country’s Environmental Protection Agency (EPA).- Joe Barone, Shale Directories
- Blog
- June 15, 2020
TANAP to reach full delivery capacity to Turkey
The Trans Anatolian Natural Gas Pipeline (TANAP) is expected to reach a milestone by month-end, delivering the contracted 6 billion cubic meters (Bcm) of Azeri gas to Turkey, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Construction of TAP gas pipeline nears completion
The Trans Adriatic Pipeline (TAP) AG consortium has completed the construction of its 105 km long offshore pipeline section across the Adriatic Sea, moving towards the final stage of the project.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Equinor, Aker BP agree terms for major North Sea development
Equinor said Thursday it has agreed on commercial terms with Aker BP for a major coordinated development of their North Sea licenses, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 9, 2020
DSME bags Novatek’s $748M LNG barge deal
Russia’s liquefied natural gas (LNG) giant Novatek has placed the order for two LNG barges for its Murmansk and Kamchatka transshipment terminals, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 8, 2020
Premier Oil renegotiates terms for BP’s asset acquisition
Premier Oil said on Friday it has renegotiated terms for its proposed acquisition of some of BP’s assets in the UK North Sea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 5, 2020
Mozambique’s LNG projects on track despite Covid-19: official
Mozambique’s national petroleum institute INP said on Thursday the country’s natural gas and liquefaction projects remain in line with the schedule agreed between the government and investing companies.- Joe Barone, Shale Directories
- Blog
- June 5, 2020
Denmark should ditch O&G exploration: report
Denmark’s energy ministry has been advised to cancel the country’s 8th oil and gas licensing round, in order to maintain its position as a climate-leading country, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 5, 2020
Gazprom takes FID on new gas project in Western Siberia
Gazprom and RusGazDobycha have reached a final investment decision (FID) on the development of the giant Semakovskoye gas field in Western Siberia, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 4, 2020
SSE, Total take FID in Scotland’s largest offshore wind project
SSE Renewables sanctioned on Wednesday a £3 billion ($3.77 billion) offshore wind project, set to be Scotland’s largest wind farm, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 4, 2020
EDF, partners start construction of $2.24B Fécamp project
EDF Renewables, Enbridge and wpd have begun the construction of the €2 ($2.24) billion offshore wind project after a 10-year planning stage, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 3, 2020
EDF enters Chinese offshore wind market
French energy group EDF said Tuesday it has finalized the creation of a joint venture with China Energy Investment Corporation (CEI) to run offshore wind projects in China.- 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.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
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 21, 2020
Global gas demand set for 1st fall since 2009: Rystad
Global natural gas demand is set to decrease by nearly 2% this year, led by a disruption in commercial and industrial consumption due to lockdowns, Kallanish Energy learns.- 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 21, 2020
Renewables installations to shrink 13% this year: IEA
Renewables’ new capacity additions are forecast to drop 13% this year to 167 gigawatts (GW) due to the Covid-19 crisis, the International Energy Agency (IEA) said on Wednesday.- Joe Barone, Shale Directories
- Blog
- May 8, 2020
Enbridge sees big drop in volumes on Mainline oil pipeline
Canadian pipeline giant Enbridge reported a first quarter 2020 net loss of $1.429 billion or 71 cents per common share, 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
- 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
IEA suggests Opec+ deepen, speed up supply cuts
The International Energy Agency (IEA) said on Tuesday the Opec+ should consider quicker, deeper production cuts to ease the turmoil in oil markets, Kallanish Energy reports.- 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
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 9, 2020
Opec+ set to face challenges in emergency meeting
Opec and non-Opec producers are set to have a difficult time negotiating the terms of a potential output cut deal on Thursday.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
Repsol says production averaged 700,000 Boe/d in Q1
Spanish oil major Repsol said in a trading update this week it expects its upstream oil and gas production to average 700,000 barrels of oil equivalent per day in the first quarter.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
BP to delay Greater Tortue Ahmeyin LNG project by one year
British oil major BP seeks to delay first gas on its operated Greater Tortue Ahmeyin project by one year due to the coronavirus pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 8, 2020
Qatar Petroleum to continue LNG expansion plans
Qatari state-owned oil company, Qatar Petroleum, will continue its domestic and international expansion agenda, despite the ongoing global havoc caused by the coronavirus pandemic.- Joe Barone, Shale Directories
- Blog
- April 8, 2020
Shell, partners delay FID on Australia’s Crux gas project
Royal Dutch Shell and its partners SGH Energy and Osaka Gas have postponed the final investment decision (FID) for the Crux gas project in Australia, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- April 7, 2020
Equinor, partners make oil discovery in US GoM
Equinor announced on Monday a crude oil discovery in its operated Monument exploration well, in the central U.S. Gulf of Mexico, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 6, 2020
Apache, Total hit second discovery off Suriname
Apache Corporation and Total announced last week a second “significant” light oil and gas condensate discovery offshore Suriname, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
India’s ONGC announces early first gas at offshore site
India’s Oil and Natural Gas Corp. has achieved early first gas on the 98/2 Block in the Krishna Godavari Basin in offshore India, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 2, 2020
BP slashes capex, cuts US onshore activities
British oil major BP said Wednesday it will slash organic capex by 25% to protect its financial health, in response to the Covid-19 pandemic and ongoing market disruption, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 1, 2020
CNOOC starts production drilling in Bozhong gas field
China National Offshore Oil Corporation (CNOOC) has reportedly kicked off production drilling in the Bozhong 19-6 gas discovery in Bohai bay, with a view to drill seven wells.- Joe Barone, Shale Directories
- Blog
- March 30, 2020
Gazprom ‘optimistic’ for European gas market in H2: CEO
Gazprom said last week it’s “optimistic” about the second half of the year, despite the downturn trend global gas markets are facing, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 30, 2020
UK’s Hurricane confirms Covid-19 case in oil platform
UK’s independent E&P Hurricane Energy said Friday a crew member has been evacuated from its offshore platform in the west of Shetlands area and tested positive for Covid-19.- 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 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 23, 2020
Fitch cuts 2020 Brent price forecast by $21.50/Bbl 📉
Fitch Ratings revised down its short- and medium-term forecasts for crude oil prices, as the market is expected to be “massively oversupplied” in 2020, 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 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 11, 2020
Wind turbine order capacity breaks new record in 2019
Original equipment manufacturers (OEMs) have experienced a record amount of wind turbine capacity order globally, with figures nearly reaching 100 gigawatts (GW), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 6, 2020
Mozambican learders must tackle security issues: Ayuk
Mozambican leaders must tackle security problems emerging in sites where international companies are developing liquefied natural gas (LNG) projects, NJ Ayuk, chairman of the African Energy Chamber warned this week.- Joe Barone, Shale Directories
- Blog
- March 4, 2020
Sandvik bags major stainless umbilicals order for Brazil
Swedish special materials producer Sandvik tells Kallanish Steel, sister publication of Kallanish Energy, that it has won a major order for tube for a Brazilian offshore application.- Joe Barone, Shale Directories
- Blog
- March 3, 2020
Oil prices rebound on hopes Opec, central banks will act
Crude oil prices rebounded on Monday after the massive sell-off in commodities and equities last week, on hopes central banks will support their economies and the Opec+ alliance will not disappoint, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 3, 2020
BofA cuts crude price forecast by $8 a barrel
Strategists at the Bank of America’s Global Commodity Research have changed their 2020 forecast for crude oil prices by $8 a barrel, due to the impact of the coronavirus outbreak on the global economy.- Joe Barone, Shale Directories
- Blog
- March 2, 2020
Maduro revamps PDVSA leadership
Venezuela has named four new vice presidents for a quartet of units of state oil company PDVSA, as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA announced Saturday.- Joe Barone, Shale Directories
- Blog
- March 2, 2020
US LNG production jumps 2016 to 2025: GlobalData
From roughly 1.2 billion cubic feet per day (Bcf/d) of export capacity in 2016, the U.S. will become the third largest liquefied natural gas (LNG) exporting country with a total capacity of 8.9- Joe Barone, Shale Directories
- Blog
- March 2, 2020