- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Electricity transformation requires greater efforts, flexibility: IEA
As the world undergoes the “most dramatic” transformation in the electricity sector, industry and governments should pay close attention to evolving challenges, the International Energy Agency (IEA) said on Tuesday.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
2021 poised to be ‘bumper year’ for upstream M&A: WoodMac
2021 could be a bumper year for upstream M&A with deals potentially reaching $10-15 billion in the Asia Pacific region, Wood Mackenzie said on Tuesday.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
Wind, solar costs to further pressure coal/gas powergen in 2025: BNEF
Wind and solar energies are already the cheapest source of power generation in most places, and by 2025 it will be cheaper to build a new wind/solar farm than run an existing coal/gas-fired power plant.- Joe Barone, Shale Directories
- Blog
- October 15, 2020
IGU welcomes IEA’s outlook on natural gas
The International Gas Union (IGU) has welcomed forecasts by the International Energy Agency (IEA) with regards to the outlook for natural gas worldwide, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 8, 2020
MSC favors hydrogen, biofuels in future shipping fuel mix
Global shipping company MSC said it favors the use of green hydrogen and other biofuels in the future shipping fuel mix, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 6, 2020
Energy transition poses credit risks to NOCs: Moody’s
National oil companies (NOC) are less prepared for the energy transition than their counterparts in the private sector, which increases their credit risks, Moody’s said Monday.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Diversification may be crucial for pipeline operators: GlobalData
The global oil and gas pipeline sector might be better off looking for “new opportunities” and be prepared for “future disasters,” GlobalData warned on Thursday.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
Global energy storage capacity to rise 31% annually to 2030: Wood Mackenzie
The world’s energy storage capacity is set to grow at a compound annual growth rate (CAGR) of 31% according to new research, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Shell to slash up to 9,000 jobs by 2022
Royal Dutch Shell announced Wednesday it will cut up to 9,000 jobs worldwide by the end of 2022 under its ongoing transformational plan, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Oil demand, supply expected to drop 2022-2023: CP
ConocoPhillips expects the oil and natural gas industry to partially recover in 2021 from the coronavirus pandemic, low demand and low prices, but the company expects oil demand to drop by 3 million to 4 million barrels per day in the United States in 2022-2023.- Joe Barone, Shale Directories
- Blog
- September 30, 2020
Hygo’s CEO takes leave following Brazilian corruption allegations
Golar LNG announced Tuesday the board of directors of subsidiary Hygo Energy Transition has accepted the leave of absence request from Hygo’s CEO Eduardo Antonello “with immediate effect.”- Joe Barone, Shale Directories
- Blog
- September 28, 2020
US to dominate small-scale LNG growth: GlobalData
North America is expected to see the highest small-scale natural gas liquefaction capacity additions in the world, according to a new report from GlobalData.- Joe Barone, Shale Directories
- Blog
- September 25, 2020
Biomethane may be route for decarbonizing Europe’s gas markets
Biomethane can help decarbonize Europe’s gas markets, but continued growth depends on policy support, Wood Mackenzie said this week. According to analysts Graham Freedman and Nnenna Amobi, the carbon-neutral renewable gas can be directly injected into existing natural gas infrastructure and decarbonize the heating and transport sectors.- Joe Barone, Shale Directories
- Blog
- September 25, 2020
Shipping industry must not wait for ideal fuel solution: DNV-GL
The shipping industry’s “grand challenge” of decarbonization will have to rely on a mix of fuels, rather than wait for the ideal solution to arrive, according to DNV-GL.- Joe Barone, Shale Directories
- Blog
- September 22, 2020
Venture Global LNG announces governance changes
Venture Global LNG Inc., the company behind three planned liquefied natural gas facilities in Louisiana, has announced an upcoming change in corporate governance.- Joe Barone, Shale Directories
- Blog
- September 22, 2020
IEA, B20 call for energy transition acceleration
The International Energy Agency (IEA) and The Business 20 (B20), which represents the business community across the Group of Twenty (G20), have jointly called for acceleration in the global transition to clean energy.- Joe Barone, Shale Directories
- Blog
- September 21, 2020
Nordex tapped for 312MW US wind farm
German wind turbine manufacturer Nordex has secured a contract to supply turbines to a wind farm located in Texas, U.S., Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 18, 2020
Digitalization making O&G companies a bigger target for hackers
As digitalization grows in the oil and gas industry, companies have become much more vulnerable to cyberattacks, particularly during the pandemic, GlobalData warned this week.- Joe Barone, Shale Directories
- Blog
- September 17, 2020
Net-zero target achievable at $1-2T annual investments
Reaching a global net-zero carbon economy by 2050 is possible, but will cost around $1-2 trillion of additional investments per year, a new study revealed on Wednesday.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
Carbon-neutral LNG may become a future trend: WoodMac
Carbon-neutral liquefied natural gas (LNG) could become a future trend and a vital component of the future energy mix, but it may not be as straightforward as it may sound.- Joe Barone, Shale Directories
- Blog
- September 10, 2020
Maritime shipping to rely on fuel mix to reach carbon neutrality
Hard to decarbonize sectors such as maritime shipping will need to rely on a combination of tools to get to carbon neutrality by 2050, BW Group said Wednesday.- 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
- September 8, 2020
Shell sees natural gas as ‘destination fuel’
Royal Dutch Shell sees natural gas as a destination fuel, not a transition fuel towards a net-zero economy, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 4, 2020
China, US lead aviation fuel rebound: EIA
Consumption of U.S jet fuel on Aug. 16, 2020, was 43% of what had been consumed one year earlier, the U.S.- Joe Barone, Shale Directories
- Blog
- September 3, 2020
Solar power generation leads the way in 2019: BNEF
Solar photovoltaic (PV) accounted for nearly half of all new power generation capacity installed during 2019, according to a new report by BloombergNEF (BNEF).- Joe Barone, Shale Directories
- Blog
- August 28, 2020
New offshore wind capacity of 2.5GW in operation during H1 2020
An additional 2.5 gigawatts of new offshore wind capacity was added during the first half of 2020, according to the World Forum Offshore Wind (WFO), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Hurricane pummels SW Louisiana, O&G assets
Initial reports were than liquefied natural gas (LNG) shipments from southwest Louisiana might be able to resume very soon, if waters continue to recede and wind speeds drop in the wake of Hurricane Laura.- Joe Barone, Shale Directories
- Blog
- August 27, 2020
Global oil demand to plateau at 92%-95%: IHS Markit
Global oil demand has grown by 13 million barrels per day in the last four months, after hitting rock bottom last April in the coronavirus pandemic, but that recovery is expected to plateau just below pre-pandemic levels.- Joe Barone, Shale Directories
- Blog
- August 26, 2020
Covid-19 to unsettle long-term energy demand patterns
The Covid-19 pandemic will unsettle long-term energy consumption patterns and heighten oil and gas prices volatility, Moody’s Investors Service said in a report on Monday.- Joe Barone, Shale Directories
- Blog
- August 21, 2020
BHP sees plenty of LNG supply till mid-2020s
Australia’s resources company BHP expects ample global liquefied natural gas (LNG) supply until mid-2020s, with considerable overflow from Asia to Europe at times.- Joe Barone, Shale Directories
- Blog
- August 21, 2020
323M EVs on the road by 2040: Wood Mackenzie
There will be 323 million electric vehicles on the road by 2040 and annual sales will top 45 million by that year, according to a new report from Wood Mackenzie.- Joe Barone, Shale Directories
- Blog
- August 19, 2020
Asian LNG prices rally on supply concerns: analysts
Asian liquefied natural gas (LNG) prices have rallied significantly, but ING Economics analysts believe the rebound is related to supply concerns, not a demand uptick.- Joe Barone, Shale Directories
- Blog
- August 19, 2020
New virus wave may dent gas demand by 4.5% in 2020: WoodMac
A second wave of the Covid-19 pandemic and fresh lockdown measures could reduce global gas demand by 4.5% year-on-year in 2020, Wood Mackenzie said on Tuesday.- 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
Three US airlines using sustainable jet fuel
Neste has announced that it is supplying sustainable aviation fuel to three major U.S. airlines for flights from San Francisco, California, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Global gas demand to recover quickly post-Covid-19
Global gas demand is set to rebound quickly post-pandemic, as growth is underpinned by favorable economics, wider access to the fuel and lower emissions ambitions, a report said on Thursday.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Cheniere’s LNG shipments in Q2 dipped by 25%
Cheniere Energy reported a second quarter 2020 net earnings of $197 million or 78 cents per share, despite liquefied natural gas shipments being down 25% from a year ago, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- July 23, 2020
Naturgy expects gas prices to rise in US, UK, not Asia
Spanish natural gas utility Naturgy expects natural gas prices in the U.S. and the UK to rise in the second half of the year, while spot prices in Asia should contract further, 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
Green hydrogen to turn cost competitive by 2030: IHS Markit
Production of carbon-free green hydrogen could become cost-competitive by 2030, in comparison with currently predominant methods that use natural gas as a feedstock, Kallanish Energy reports.- 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 16, 2020
Woodside expects spot LNG to average $3/MmBtu this year
Woodside expects spot liquefied natural gas (LNG) prices to average $3 per million British thermal units (MmBtu) this year, before starting to rise from 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 10, 2020
Jera calls for more cooperation, creativity in LNG industry
Japan’s No. 1 liquefied natural gas (LNG) importer, Jera, has called for more cooperation and creativity to help the industry navigate ongoing challenges, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 10, 2020
Court approves LNGL recapitalization, asset sale options
Parties interested in recapitalizing or acquiring assets from Australia’s Liquefied Natural Gas Limited must do so by July 24, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 8, 2020
Global LNG projects at significant risk: report
A combination of economic factors and the Covid-19 pandemic are putting ongoing and future liquefied natural gas (LNG) projects under threat, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 7, 2020
Global wholesale gas prices average $3.88/MmBtu in 2019
Global wholesale natural gas prices declined in 2019 to reach an average of $3.88 per million British thermal units (MmBtu) – a level not seen since 2016, according to the International Gas Union (IGU).- Joe Barone, Shale Directories
- Blog
- July 6, 2020
Global renewables capacity up 7.5% in 2019: IRENA
Global renewable energy capacity increased 7.5% year-on-year in 2019, led by growth from solar and wind sources, according to the International Renewable Energy Agency (IRENA).- 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 25, 2020
Braskem completes construction on Texas polypropylene plant
Braskem has announced the construction completion of its newest polypropylene production facility in La Porte, Texas. The $675 million project is expected to begin commercial operations in the third quarter 2020 and the plant’s commissioning is underway, Kallanish Energy reports.- 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 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 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 16, 2020
Clean energy needs a boost to reverse Covid-19 economic damage: IEA
The Covid-19 pandemic has dealt a massive blow to countries around the world and brought up “worrying implications” for clean energy transitions, the International Energy Agency (IEA) said in a new report.- Joe Barone, Shale Directories
- Blog
- June 12, 2020
LNG markets to recover post-Covid: Shell CEO
Royal Dutch Shell is confident that the global liquefied natural gas (LNG) market will bounce back to pre-Covid 19 levels, according to CEO Ben van Beurden.- Joe Barone, Shale Directories
- Blog
- June 10, 2020
Global gas market heads to ‘dramatic change’ in 2020: IEA
The global natural gas industry is heading to a major shock this year, with demand on course for its largest annual decline in history, the International Energy Agency (IEA) said in a new report today.- Joe Barone, Shale Directories
- Blog
- June 10, 2020
China to add 2.9 Tcf/y regas capacity by 2024
China is expected to drive growth in new-build regasification capacity over the next four years, adding around 2.9 trillion cubic feet per year (Tcf/y) capacity, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 3, 2020
Global LNG demand heads to 1st contraction in 8 years
The global liquefied natural gas (LNG) industry is set to face its first seasonal demand contraction since 2012, Wood Mackenzie said on Tuesday.- Joe Barone, Shale Directories
- Blog
- May 21, 2020