Natural Gas Now Best Picks – February 26, 2022
natural gas now 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
- October 28, 2020
Dana Gas sells onshore Egyptian assets
Dana Gas has agreed to sell its onshore Egyptian producing oil and gas assets to IPR Wastani Petroleum for $236 million including contingent payments, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 22, 2020
Biden’s $2T clean energy plan could threaten gas industry
U.S. Presidential candidate Joe Biden’s $2 trillion clean energy plan could end natural gas consumption in power generation within 15 years, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 14, 2020
NAM halves Groningen’s gas production in last gas year
Natural gas production at the Netherlands’ Groningen field has halved in the past gas year, which ran from October 2019 until September 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 13, 2020
Iberdrola begins Port Augusta construction post-Infigen acquisition
Spanish renewables utility, Iberdrola, has commenced construction works on its Port Augusta project in Australia — the world’s first solar-wind hybrid plant, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 9, 2020
Naturgy, Sonatrach settle tensions with new gas agreement
Spain’s Naturgy and Algeria’s Sonatrach announced Thursday a natural gas supply agreement after five months of “tough” negotiations, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
GFG Alliance, Ignis to build 1.2GW of green energy in Spain
Global conglomerate GFC Alliance and Spain’s renewables developer, Ignis, announced Thursday a deal to build 1.2 gigawatts of renewable energy capacity in Spain.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
US onshore oil production to dip in late 2020: RE
United States onshore oil production is expected to gradually decline in late 2020, after peaking in August, Rystad Energy reported on Wednesday.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
Santos clears final state hurdle on Narrabri gas project
Australian oil and gas company Santos was granted on Wednesday a phased-approval for its Narrabri gas project, by the New South Wales (NSW) Independent Planning Commission (IPC), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 15, 2020
Kurdistan’s first gas capture, injection project hits milestone
Kurdistan’s first gas capture and injection project has reached the one billion cubic feet (Bcf) gas injection milestone, after commissioning in mid-2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 24, 2020
Santos confident on post-pandemic recovery, future projects
Australia’s Santos said it remains confident its projects will be “better placed” than others when hydrocarbons prices and demand recover, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 24, 2020
Santos reports record production in first-half
Australian oil and gas company Santos has reported a record production volume in the first half of 2020, and expects a stronger second-half due to its ConocoPhillips assets acquisition.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
Wind, solar plants supply 10% of global power in H1
Wind and solar energy have generated 9.8% of the world’s electricity during the first half of the year, a new analysis by UK think tank Ember showed on Thursday.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
YPF’s natgas output slides 12.7% in Q2
Argentina’s oil and gas company YPF has reported a 12.7% year-on-year drop in its natural gas production during the second quarter of 2020, on the back of market conditions.- Joe Barone, Shale Directories
- Blog
- August 13, 2020
US natgas consumption to shrink 3% in 2020
U.S. natural gas consumption is set to decline 3% year-on-year in 2020, Kallanish Energy learns from the EIA’s latest Short-Term Energy Outlook (STEO).- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- August 7, 2020
GeoPark’s Q2 gas prices average $2.8/Mcf
Independent Latin American oil and gas explorer, GeoPark, saw its natural gas prices and sales decline 38% in the second quarter, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 23, 2020
Chevron’s Noble Energy takeover bets on gas future
Chevron’s recently announced Noble Energy takeover bets on future natural gas demand and more geographic diversity, Kallanish Energy learns from GlobalData.- Joe Barone, Shale Directories
- Blog
- July 23, 2020
Petrobras declares force majeure on Bolivian gas contract in Q2
Brazilian state-run oil and gas company, Petrobras, has declared force majeure on its Bolivian gas imports contract, as gas sales were down roughly 20%, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 20, 2020
Chinese natgas output up 9.4% in June
China’s natural gas production increased by 9.4% year-on-year in June to an average of 15.2 billion cubic meters (Bcm), according to the National Bureau of Statistics of China (NBS).- 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 15, 2020
Australia’s Santos nears final decision on Narrabri gas project
Australia’s oil and gas company Santos welcomed on Friday the New South Wales (NSW) government’s recommendation to approve its planning application for the onshore Narrabri gas project.- 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
Pieridae Energy readies to seize opportunity in global LNG market
Canada’s Pieridae Energy said on Thursday it’s fully committed to its Goldboro LNG project in Nova Scotia, despite a delay on its final investment decision (FID) due to restrictions driven by the Covid-19 pandemic.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
Edge LNG continues capture, liquefaction in Marcellus Shale
Edge LNG has expanded its remit to capture and liquefy gas from stranded wells in the Marcellus Shale through a new agreement with EXCO Resources, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 11, 2020
Shell resumes operations at Bajada de Añelo
Shell Argentina has confirmed activities at its Bajada de Añelo unconventional block, in the Vaca Muerta shale formation, were resumed on Tuesday, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 10, 2020
Iranian gas flows to Turkey to resume in July: official
Iranian natural gas exports to Turkey are expected to resume next month, the head of the Iranian Gas Transmission Company told Iran’s energy ministry news service, Shana.- Joe Barone, Shale Directories
- Blog
- June 9, 2020
Gazprom inks 20-year deals for Ust-Luga gas complex
Gazprom said on Monday it has signed a number of contracts for the creation of its gas processing complex in the Leningrad region, which includes an integrated gas processing and liquefaction plant, as well as a chemical facility.- 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
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 2, 2020
Authorities end quarantine in Gazprom’s Chayandinskoye gas field
Lockdown restrictions on Russia’s Chayandinskoye natural gas field were lifted on Monday by a regional governor decree, Kallanish Energy reports. The local coronavirus response centre said governor Aisen Nikolaev issued a decree removing all restrictions with immediate effect.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
US LNG exports to continue dropping through summer: EIA
U.S. liquefied natural gas (LNG) exports are set to continue declining through the summer, with reductions estimated above 5 billion cubic feet per day (Bcf/d) in July.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Shell, XOM to seek arbitration against Netherlands: report
Shell and ExxonMobil will file an arbitration claim against the Netherlands government over compensation for the early closure of gas field, according to Global Arbitration Review (GAR).- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Santos, ConocoPhillips close assets deal in Australia
Australian oil and gas company Santos said Thursday it has completed the acquisition of ConocoPhillips’ northern Australia assets under a revised deal, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 28, 2020
Novatek gains access to Far East economic zone
Russia’s Novatek said on Thursday it has gained a status to operate in the Advanced Special Economic Zone (ASEZ) in Russia’s Far East, taking advantage of tax benefits, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
Shell in talks with Iraqi government over BGC
Royal Dutch Shell is in talks with the Iraqi government to agree a plan for its operated Basrah Gas Company (BGC), following the evacuation of its staff.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
Total agrees $15B funding for Mozambique LNG: reports
French oil major Total has reportedly secured roughly $15 billion in financing for Mozambique LNG – a project it operates with a 26.5% share acquired from Anadarko, Kallanish Energy learns.- 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
US Lower 48 gas production to bottom out in November
Natural gas production onshore of the U.S.’s Lower 48 states will hit bottom in November at 82.5 billion cubic feet per day (Bcf/d), according to Rystad Energy.- 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 20, 2020
US shale gas production to fall again in June
Natural gas production in the U.S.’s seven biggest unconventional basins is expected to drop in June, with volumes declining in all producing regions, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
Natgas outlook remains bleak due to oversupply
Natural gas outlook in the U.S. remains bleak through 2020, despite some support from reduced associated gas production, GlobalData said on Tuesday.- Joe Barone, Shale Directories
- Blog
- May 20, 2020
Gazprom makes progress on new Russian gas/LNG project
Russian gas giant Gazprom is moving forward with a gas processing and liquefaction project, set to be the largest LNG plant in northwest Europe, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Adnoc Gas Processing starts tender for $1.5B terminal expansion
Adnoc Gas Processing has started looking for interested contractors to bid for work on the expansion of Asab 1 and 2 gas terminals.- 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 14, 2020
NLNG signs $4B contract for its Train 7 project
Nigeria LNG (NLNG) signed on Wednesday the engineering, procurement and construction (EPC) contract for its Train 7 project at Bonny Island LNG complex, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
Valeura looks for M&A opportunities amid industry turmoil
Canadian-based, Turkish-focused natural gas company Valeura Energy said on Tuesday it is exploring potential merger and acquisitions opportunities to take advantage of current market conditions.- 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
- 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 30, 2020
US natgas futures fall on lower demand expectations
U.S. Henry Hub natural gas futures dropped on Wednesday on lower demand expectations domestically and abroad, Kallanish Energy reports. The front-month, futures contracts for delivery in June fell 4.1%, or 7.9 cents, to settle at $1.869 per million British thermal units (MmBtu).- Joe Barone, Shale Directories
- Blog
- April 28, 2020
WTI prices tumble over 20% on fragile market
U.S. crude oil prices tumbled over 20% on Monday after the United States Oil Fund (USO) announced it would sell all its futures contracts for June delivery over a four-day period.- Joe Barone, Shale Directories
- Blog
- April 28, 2020
SDX Energy makes new gas discovery onshore Egypt
UK-listed oil and gas company SDX Energy has successfully flow tested its new onshore gas discovery in Nile Delta, Egypt, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 27, 2020
Waha gas prices recover from negative territory
Natural gas prices in the Permian Basin ended the EIA’s gas week in positive territory, after reaching -$4.74 per million British thermal units (MmBtu) on April 20, Kallanish Energy reports.- 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 16, 2020
US negotiates storage contracts with nine oil producers
The U.S. Department of Energy (DoE) is negotiating contracts with nine domestic oil producers to enable them to store their crude oil in the country’s strategic petroleum reserves (SPR) facilities.- Joe Barone, Shale Directories
- Blog
- April 16, 2020