- Joe Barone, Shale Directories
- Blog
- September 15, 2020
bp unveils transformation strategy, energy outlook
bp started on Monday the so-called bp Week, series of capital markets presentations over the next three days promoting its transformation from an international oil company (IOC) to an integrated energy company (IEC).- Joe Barone, Shale Directories
- Blog
- September 8, 2020
Gas industry must take methane emissions more seriously: Wetselaar
The global natural gas industry will soon be subject to a “radical transparency” push in terms of methane gas emissions, a Shell director said at an online event attended by Kallanish Energy on Monday.- Joe Barone, Shale Directories
- Blog
- August 18, 2020
New Poll Shows Voters Support Oil And Natural Gas
With just 77 days until Election Day, a new poll shows that voters across the country are ready to back candidates who support oil and natural gas development and that they believe this American-made energy has been vital in the economic recovery from the COVID-19 pandemic.- Joe Barone, Shale Directories
- Blog
- August 18, 2020
Total, partners FID Phase 3 of Mero project in Brazil
France’s Total announced on Monday the Phase 3 of the Mero project, located offshore Brazil, has received a positive final investment decision (FID), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 12, 2020
Ohio: Producing the Energy That’s Essential to Life
Natural gas and oil play a critical role in nearly every aspect of our modern lives. From the gasoline in our vehicles to the clothes in our closets; from hospital backup generators to the in-home wireless internet services many Americans enjoy, the products we use on a daily basis would not be possible without a steady supply of natural gas and oil.Guest Post: Why Fracking Will Stay Immensely Significant for US Energy and the Economy
Carrie Weisman is the editor at Adler Tank Rentals since 2018 and specializes in creating well-researched, in-depth articles for Fortune 5000 companies.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Asset sale to NEO Energy will help Total’s crisis plan: CFO
Total said Thursday its sale of non-core assets in the UK North Sea to NEO Energy is contributing to its action plan amid the “economic crisis,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Brazil’s Buzios field sets new record production level
Brazilian state-run oil company Petrobras announced on Wednesday a new monthly production record in its pre-salt Buzios field, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
UK’s Q2 profit warnings surpass those in 2019: EY
UK-listed oil and gas companies have recorded more profit warnings in the second-quarter than the whole of 2019, EY said in a new report on Thursday.- Joe Barone, Shale Directories
- Blog
- August 4, 2020
ExxonMobil posts second quarter loss of $1.1 billion
U.S. supermajor ExxonMobil has recorded net losses of $1.08 billion for second-quarter as the effects of the Covid-19 pandemic hit production and prices, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Total posts $8B loss in Q2, maintains dividends
French energy major Total posted on Thursday losses of over $8.37 billion during second-quarter driven by impairments, lower hydrocarbon prices and production levels, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Apache posts net loss for Q2, announces new discovery off Suriname
U.S. independent E&P firm Apache Corp. reported on Thursday net losses of $397 million in the second quarter of 2020, alongside a new oil discovery on Block 58 offshore Suriname.- Joe Barone, Shale Directories
- Blog
- July 22, 2020
Algeria’s O&G revenues to plunge by $10B this year: minister
Algeria’s hydrocarbons revenue is expected to fall by $10 billion this year, the country’s energy minister Abdelmadjid Attar said on Tuesday.- Joe Barone, Shale Directories
- Blog
- July 21, 2020
Covid-19 accelerates Venezuela’s hydrocarbon sector crash
Venezuela’s oil and gas sector is truly nearing its collapse, with the Covid-19 pandemic accelerating its destruction despite world-scale resources, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Top O&G majors launch new carbon intensity target
CEOs heading the world’s largest oil and gas companies announced on Thursday a new collective target to reduce the average carbon intensity of their upstream operations by 2025.- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Pandemic recovery won’t be V-shaped: van Beurden
Global energy markets will most likely not experience a “V-shaped” recovery from the Covid-19 pandemic, according to Royal Dutch Shell’s CEO Ben van Beurden.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Exploration remains crucial during energy transition: report
Upstream exploration will be critical in meeting the future global energy demand, much of which is set to rely on oil and gas until well beyond 2040, according to Wood Mackenzie.- Joe Barone, Shale Directories
- Blog
- June 22, 2020
Asia to lead construction of new O&G pipelines by 2024
Asia is set to lead the global construction of new trunk/transmission oil and gas pipelines by 2024, holding a 36% of total estimated additions, consulting firm GlobalData said in a new analysis on Friday.- Joe Barone, Shale Directories
- Blog
- June 19, 2020
Latest Orphan Well Report Overestimates Number of Wells and Cost of Plugging
Orphaned wells have been making headlines recently as a potential source of methane emissions. The oil and natural gas industry and regulatory agencies have collaborated on identifying the number of these wells and finding solutions to the unique challenges they present, particularly since most of them were drilled in the 1800s and early 1900s.- Joe Barone, Shale Directories
- Blog
- June 16, 2020
Chevron, Shell lead industry’s resilience at $30/Bbl Brent: WoodMac
Chevron and Shell’s upstream portfolios are the most resilient at oil price at $30 a barrel and offer the highest cash margins at $70/Bbl, according to analysts at Wood Mackenzie.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Colorado Democratic Senate Candidates Discuss Transition Away From Oil And Natural Gas
The Democratic Senate primary in Colorado heated up this week with two debates between former Gov. John Hickenlooper and former State House Speaker Andrew Romanoff.- Joe Barone, Shale Directories
- Blog
- June 11, 2020
Colorado Rising Calls It Quits On New Ballot Initiatives
“Keep It In The Ground” activist group Colorado Rising recently announced that it is abandoning its campaign to put costly new anti-oil and natural gas initiatives up for a vote in November after admitting it couldn’t gather enough signatures to qualify for the ballot.- Joe Barone, Shale Directories
- Blog
- June 9, 2020
Colorado Democratic Senate Debate: The Top Energy Issues
Colorado’s Democratic Senate primary race heats up this week with two televised debates between former Gov. John Hickenlooper and former State House Speaker Andrew Romanoff.- 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
Eni restructures company to lead energy transition
Italian oil major Eni announced Thursday it will undergo a structural transformation in the coming weeks, to become “a leader in the energy transition,” Kallanish Energy reports.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 23, 2020
Natural Gas Now Best Picks of the Week – May 23, 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
- 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 19, 2020
Total walks away from Oxy’s Ghana asset deal
French oil major Total said Monday it’s walking away from the acquisition of Occidental Petroleum’s Ghana assets, after the Algeria deal was blocked, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 19, 2020
Equinor to start quarterly reports on US business results
Norway’s Equinor said Monday it will start reporting financial results for its U.S. business as a separate operating segment: Exploration and Production International.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Largest 2020 oil production cuts to come from US: IEA
Saudi Arabia has pledged to deliver an “extraordinary” production cut in June, but it’s the U.S. that will be the biggest contributor to global supply reductions, the IEA said Thursday.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
Holy Mackerel Batman! Michael Moore Indicts Biofuel, Solar and Wind!
Paul Driessen Committee For A Constructive Tomorrow …. …. Michael Moore calls out biofuel, solar and wind as the corporatist rent-seeking scams they really are as “Planet of the Humans” wracks green world havoc.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
European O&G firms ‘overstating’ net-zero targets: study
European integrated oil and gas majors have made strong climate change commitments, but they are “overstated,” Kallanish Energy learns from a study on Tuesday.- Joe Barone, Shale Directories
- Blog
- May 11, 2020
Oil to become ‘accidental natgas savior’: BofA
Oil markets are driving a sense of optimism in the natural gas market “not seen in years,” according to analysts at the Bank of America Global Research.- Joe Barone, Shale Directories
- Blog
- May 6, 2020
Repsol posts $528M net loss in first-quarter
Spanish oil major Repsol posted on Tuesday a first-quarter net loss of €487 ($528) million, compared to a net profit of €608 ($659) million in the same period last year, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 4, 2020
UK’s IGas to shut-in production for two months
UK’s onshore oil and gas company IGas Energy said on Friday it will temporarily shut-in a number of sites and furlough employees for two months, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 29, 2020
BP says it’s hard to forecast future outlook
BP said on Tuesday it’s hard to predict the “ultimate impact” of the coronavirus pandemic and when the current supply and demand imbalances will be sorted, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 24, 2020
KIITG Activists Tout Harvard Researchers’ Thin Claims Linking COVID-19 and Air Quality
Oil and natural gas companies have gone beyond providing needed energy and the resources required to make life-saving medical equipment by donating time, money and supplies in their communities – even while facing unprecedented challenges brought on by COVID-19 and the state of the oil market.- Joe Barone, Shale Directories
- Blog
- April 24, 2020
Judge Rules ‘100% Renewables’ Researcher Must Pay Attorney Fees for His Dubious Lawsuit
A Stanford University professor who sued his critics and the journal that debunked his research overstating job benefits from a switch to 100-percent renewables was rebuffed by a D.C.- Joe Barone, Shale Directories
- Blog
- April 24, 2020
Ohio’s Oil & Natural Gas Industry Demonstrates Its Commitment to the Environment
Ohio’s oil and natural gas industry has proven to be a leader in reducing carbon emissions and protecting the environment – a fact that resonated in various events that took place across the state for Earth Day’s 50th anniversary.- 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 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 10, 2020
Opec+ mega oil deal hangs on Mexico’s agreement
Opec+ group led by Saudi Arabia and Russia agreed overnight on Thursday to revive their output cut agreement, setting up a plan to reduce 10 million barrels per day (Mmbpd) in the next two months, Kallanish Energy reports.- 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
Texas oil producers asked to scale back further
The U.S.’s Institute for Energy Economics and Financial Analysis on Monday asked the Texas Railroad Commission to scale back its oil production for the good of the domestic industry, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 7, 2020
Four Things to Know About EDF’s New Permian Methane Estimates
The Environmental Defense Fund’s new calculations of methane leakage in the Permian Basin are still undergoing scientific review, but that didn’t stop the organization from releasing its figures – based on questionable methodologies and assumptions – alongside a map of alleged methane leaks in the basin.- Joe Barone, Shale Directories
- Blog
- April 7, 2020
Russia, Saudi Arabia ‘very close’ to break new deal
Russia and Saudi Arabia are “very, very close” to reaching an agreement on oil production cuts, the CEO of Russia’s sovereign wealth fund RDIF said on Monday.- Joe Barone, Shale Directories
- Blog
- April 6, 2020
Diseases Are Less A Problem Than Fake News and Junk Science
Paul Driessen Committee For A Constructive Tomorrow …. …. The Wuhan Corona virus has captured worldwide attention but is far less a problem than the fake news and junk science attending the diseases discussion.- 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
Saudis, Russians may cut back supply by 10 Mmbpd: Trump
U.S. President Donald Trump said Thursday he expects Saudi Arabia and Russia will find a compromise and cut back roughly 10 million barrels of crude supply, 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
- March 30, 2020
BP, green investors to draft joint climate resolution
British oil major BP said Friday it will work on its climate change resolution together with green shareholders group Follow This, 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 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 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 24, 2020