The future of U.S. energy is an important topic this election cycle – and always – as candidates debate on the best path forward to enhance energy security, reliability, affordability and reduce energy-related emissions. This has especially been evident in the recent debates and the sheer number of times the candidates have talked about fracking
Read More...The French government has asked Engie SA not to sign a $7 billion deal for U.S. liquefied natural gas (LNG) with NextDecade Corp. over concerns that its U.S. shale natural gas is too dirty, Kallanish Energy has learned. The request came last month from the French economy ministry, and Engie said it is studying the
Read More...EQT, the largest producer of natural gas in the United States, reported a net loss of $601 million or $2.35 in the third quarter 2020, Kallanish Energy reports. That compares to a loss of $361 million or $1.41 per share in 3Q 2019. That loss was smaller than had been expected with lower operating costs
Read More...Despite the ongoing economic impacts of the coronavirus and its effect on oil and natural gas demand and investments, analysts believe natural gas will bounce back and possibly even show significant growth, according to the International Energy Agency (IEA). Energy demand is expected to drop by 5% in 2020, and oil and gas investments are
Read More...Radon is the second leading cause of lung cancer in the United States and is found in high concentrations in homes, schools and businesses across the country. Despite its long prevalence in regions such as Appalachia, researchers continue to attempt to link the gas, and its known health impacts, to more recent unconventional oil and
Read More...As part of ongoing efforts to force U.S. consumers to get rid of their natural gas appliances, a new Rocky Mountain Institute report compares costs and emissions between mixed-fuel and all-electric households in selected cities across the United States. The city-focused report nebulously presents data on both the up-front costs when buying a house and
Read More...Gulfport Energy, a major player in Ohio’s Utica Shale, is expected to file for a Chapter 11 reorganization in the coming days, Kallanish Energy has learned. The company, its revolver lenders and unsecured bondholders are expected to seek approval for a restructuring support agreement that includes debtor-in-possession financing. The Oklahoma-based company is dealing with about
Read More...Gulfport Energy Corp. recently revealed in a regulatory filing that it’s been in discussions with its lenders about filing for bankruptcy, according to Natural Gas Intelligence. Furthermore, Gulfport entered a 30-day grace period to defer an interest payment that was due Thursday on its 6% unsecured note due 2024. During the grace period, the company
Read More...A team of Harvard researchers found elevated levels of radioactivity on air particles measured downwind of fracking sites around the United Staes, according to a study published earlier this month in the journal Nature Communications. The radiation levels they discovered were well below public health limits, but the authors warn they could induce “adverse health effects
Read More...Europe’s electric vehicles (EVs) market share is set to treble this year to 10%, despite the Covid-19 pandemic, Kallanish Energy reports. According to a new analysis by Transport & Environment (T&E), that’s because of the EU 2020/21 car CO2 emission standards. The legislation forces carmakers to meet targets to reduce the average emissions of the
Read More...Peregrine Energy Partners is again adding to its portfolio in the Marcellus Shale, acquiring producing royalty properties from multiple private sellers, according to EIN Presswire. The natural gas acquisitions were made in Tyler County, West Virginia from Antero Resources and Fayette County, Pennsylvania from Chevron. They were both finalized in the first week of October.
Read More...U.S. petrochemical companies that already produce hydrogen as a by-product in processes like ethane cracking or while making chlorine are exploring new revenue possibilities. × Top executives of companies like Westlake Chemical and LyondellBasell are paying increasing attention to hydrogen, including the potential for turning ‘gray’ hydrogen into increasingly demanded environmentally friendly versions. Hydrogen does
Read More...A new study published in PLOS ONE in August suggests residents in southwestern Pennsylvania surrounded by oil and gas facilities may suffer from more health complaints, according to EOS. People living near oil and gas wells in southwestern Pennsylvania reported sore throat, burning eyes, headaches and more to researchers. Researchers estimated exposure to oil and
Read More...Chevron is completing the biggest energy deal since the COVID-19 pandemic crippled the oil industry and purchasing Nobel Energy for $5 billion, according to CNN. Nobel Energy shareholders will receive Chevron stock in the all-stock transaction. Factoring in Nobel’s $8 billion in debt, the transaction is valued at $13 billion. Despite, the company’s debt, its
Read More...Peregrine Energy Partners will acquire producing and non-producing mineral rights on 4,755 gross acres in Bedford County, Pa. from Chief Oil & Gas, according to EIN Presswire. The purchase price was undisclosed. However, the deal is the third the company has made in this region of the Appalachian Basin this year. “While we’ve traditionally been
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