Industry News

Germany to invest $10.2B in hydrogen expansion

Germany announced it will invest €9 billion ($10.2 billion) to boost its hydrogen strategy, aimed at becoming a global supplier of “state-of-the-art” hydrogen technology, Kallanish Energy reports. The coalition government agreed late on Wednesday a €130 billion ($147.3 billion) coronavirus recovery stimulus package. The program is geared to climate change mitigation and promoting the technologies

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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. The partially offshore/onshore field in the Yamal-Nenets autonomous region has recoverable gas reserves of over 320 billion cubic meters (Bcm). The project is slated to enter commercial production in 2022

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Denmark should ditch O&G exploration: report

Denmark’s energy ministry has been advised to cancel the country’s 8th oil and gas licensing round, in order to maintain its position as a climate-leading country, Kallanish Energy reports. Independent adviser to the government, the Danish Council on Climate Change, said on Thursday that the bidding round that took place in 2018 and received interest

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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. INP’s chairman Carlos Zacarias told a press conference a day earlier that despite the suspension of activities in Afungi due to the Covi-19 pandemic, implementation activities for

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Petronas debuts Myanmar’s gas market

Malaysia’s state oil and gas company, Petronas, said Thursday it has entered Myanmar’s gas market delivering its first two liquefied natural gas (LNG) cargoes to CNTIC VPower, Kallanish Energy reports. The successful exports mark a “new era” in the growth of LNG demand in the South East Asian region, said Petronas LNG CEO Abdul Aziz Othman. “With

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Pa. House advances legislation to ensure oversight of conventional oil, gas industry

The Pennsylvania House recently advanced legislation that seeks to ensure responsible oversight of the conventional oil and gas industry, aiming to protect the environment and safeguard industry stability within the Commonwealth, according to the Pennsylvania Business Report. Senate Bill 790, sponsored by state Sen. Joseph B. Scarnati (R-25), would enact the Conventional Oil and Gas

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The Gentry Class Mentality Behind So Much of What’s Wrong

Tom ShepstoneShepstone Management Company, Inc. . … Kim Elliman, the gentry class Rockefeller boy who heads up the Open Space Institute and got paid $531,829 for it 2018, just said your land belong to us all. I just received a letter I believe to be the most perfect illustration of the gentry class mentality that

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New York Madness: A Special Brand All Its Own

Tom ShepstoneShepstone Management Company, Inc. . … New York madness reached a peak this week with a corrupt Governor and communist Mayor sparring over riots as both have acted out over the WuFlu and gas. There is something seriously wrong with New York. It’s a state in a state of decline and the New York

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Pennsylvania seeks public comments on new rules regarding air pollution at natural gas wells

The Pennsylvania Department of Environmental Protection is seeking public comment via three virtual public hearings on draft regulations that would reduce air pollution from existing natural gas wells and infrastructure, according to Kallanish Energy. The proposed regulations would restrict volatile organic compounds and would also reduce methane emissions. Additionally, they would require additional controls at

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Quarterly report shows natural gas production in Pa. is slowing

A new report from the Pennsylvania Independent Fiscal Office has reported a 6.8% increase in quarterly natural gas production, according to Kallanish Energy. The report stated production increased to 1,766 billion cubic feet in the first quarter of 2020, compared to 1,654 billion cubic feet during the same period in 2019. The 6.8% growth rate

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Canadian Energy Weekly Round-Up: June 1, 2020

Here are the top news stories covering Canada’s energy landscape: Columnist: Energy Development Is Needed Toronto Sun columnist Larry Goldstein issued a call for more oil and natural gas development to aid Canada’s recovery from the COVID-19 pandemic. As Canadians slowly begin to reengage in the marketplace, energy supply, and therefore energy infrastructure, needs to

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