Here are the top news stories covering Canada’s energy landscape: Minister of Natural Resources Unveils Multi-Million Dollar Support for Indigenous Partnerships Canada’s Minister of Natural Resources Hon. Seamus O’Regan announced up to $12 million in funding through the next two years for a program to help support Indigenous communities that rely on and contribute to
Read More...Last Monday we brought you the news that Gulfport Energy, the third-largest driller in the Ohio Utica Shale, had filed for bankruptcy (see Gulfport Energy Files for Pre-arranged Chapter 11 Bankruptcy). Today we bring you the news that Gulfport has asked the bankruptcy judge to force one of the pipelines Gulfport uses to ship natural
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about LNG Exports, offshore oil auction, Kimble Royalty and much more last week. The Shale Gas News has grown again to the Williamsport
Read More...The Trump administration began the process of auctioning off the development rights to parcels of land in Alaska’s Arctic National Wildlife Refuge on Nov. 16, according to Spectrum News. Oil and gas companies are now able to submit nominations for which parcel of land they’re interested in drilling within the Arctic National Wildlife Refuge’s roughly 1.5
Read More...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. As usual, emphasis is added. Will Tree-Sitting Pipeline Opponents Be Dragged Down? Two and half years after we ran a contest here about how to best
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Net-Zero New England is the goal and natural gas is the solution according to Obama’s former Energy Secretary Ernest Moniz’s team. A very interesting study just came out from a group founded by former Obama Administration Secretary of Energy, Ernest Moniz. The group is The Energy Futures Initiative,
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … Hunters Sharing the Harvest is, yet again, geared up to serve the poor with donated venison from a great program supported by the gas industry. In our ongoing efforts to help address food insecurity in the Commonwealth, we recently donated $5,000 to Hunters Sharing the Harvest (HSH). For
Read More...U.S. shale output is expected to continue declining into next year if crude prices remain in the $40 to $45 range, according to Rystad, a Norwegian energy research firm. Oil and gas companies have been forced to minimize exploration and production costs amid low crude prices. As a result, the average shale oil production is
Read More...The North American oil and gas industry saw fewer bankruptcies in October with only three, according to the latest monthly Oil Patch Bankruptcy Monitor report published Tuesday by Haynes and Boone LLP. However, despite seeing a slowdown, the industry hit an unwelcome milestone in October, recording its 250th bankruptcy filing since Thanksgiving 2014. Furthermore, more
Read More...Robert Bradley, Jr.Founder and CEO of the Institute for Energy ResearchPrincipal, MasterResource: A Free-Market Energy Blog.. .… … [Editor’s Note: Renewable energy subsidies have supported an industry that is completely uneconomic and unsustainable and the time is past to end them.] Four years ago, after the election of Donald Trump, I contacted the head of
Read More...You can see a pattern developing at the Colorado Oil & Gas Conservation Commission and it shows a clear bias against the energy industry in the state. In September, the commission ignored the will of the voters by unilaterally extending setback distances. Now, staffers there have been caught insulting the energy companies it regulates, according to
Read More...Natural gas will be needed to provide reliable energy supply in New England despite the region’s strong decarbonization efforts, according to a new report by Energy and Environmental Economics (E3) and the Energy Futures Initiative (EFI), led by Ernest Moniz, former energy secretary under the Obama administration. The report provides an unbiased perspective on the
Read More...Expectations for a slow post-pandemic fuel demand recovery, which already shut down two million barrels per day of refining capacity in 2020, will limit owners options in the future. × Demand erosion in 2020 for products like jet fuel, coupled with a weak outlook, means many closed refineries won’t go back to running crude, said
Read More...On the heels of the Colorado Oil and Gas Conservation Commission’s proposed 2,000-foot setback this year, activists in Colorado are now pushing for yet another setback around wildlife areas. A strict ruling on setbacks for wildlife areas following the broader setback decision could deal a double blow to Colorado’s energy industry and economy, according to
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Foreign policy belongs in the hands of the President, not governors captured by the demands of fractivists and other special interests. Our friend Dan Markind has a great post up at Forbes that i encourage all readers to check out. It’s about pipelines and the abuse of the
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