Oil and gas firm Aker BP will accelerate the startup of production from Norway’s Aerfugl natural gas field, the company said Nov. 11. In a surprise move, the company now plans to start Aerfugl production in first-half 2020, three years ahead of what had originally been billed as the field’s second phase. Partners in the
Read More...Abu Dhabi National Oil Co. (ADNOC) has extended the deadline for bids for oil and gas exploration until the end of December to give interested companies more time to discuss forming potential consortia, a spokesman said Nov. 11. The new deadline applies to the second bid round for onshore and offshore blocks that the state
Read More...The amount of stored working natural gas at Oct. 31, was 37 billion cubic feet higher than the previous five-year end-of-October average, according to Energy Information Administration data. Natural gas in storage in 2019 went from a relatively low volume of 1.16 trillion cubic feet at April 1, to 3.72 Tcf at Oct. 31, due
Read More...The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Charter Oak Production Co. LLC retained the Oil & Gas Asset Clearinghouse LLC for the sale of an Oklahoma
Read More...Welcome to Kickstart! This new email arrives in your mailboxes as you start each business day to give you a quick, lighthearted snapshot about what’s happening in the plastics industry, so you’ll be ready to hit the ground running. To opt out of the emails, go to the newsletters tab to unsubscribe. We’ve been reporting
Read More...Aaron Blomquist, head of infrastructure and managing director of investment banking of Tudor, Pickering, Holt & Co. (TPH), is today’s featured Forty Under 40 honoree. Blomquist entered the industry briefly working as a summer analyst at Credit Suisse before joining Bank of America Merrill Lynch, where he was ultimately director of its global energy and
Read More...Today it’s payback time, and the energy industry is doing its part to assist veterans returning to civilian life. How? By encouraging them to apply for well-paying jobs in an industry where their temperament, willingness to learn new skills and work as a team under occasionally difficult circumstances are needed and amply rewarded. In
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 and Sundays on YesFM, talked about the world’s top oil producer, LNG exports, Cunningham Energy and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our
Read More...Saudi Aramco will sell up to 0.5% of its shares to individual investors in what could be the largest initial public offering in history, Kallanish Energy reports. The process begins Nov. 17, and closes on Dec. 4, the company said in its IPO prospectus, released last Saturday. The 658-page document comes almost four years after
Read More...The volume of working gas injected into underground storage slowed to the smallest amount in seven months in the latest weekly survey by the Energy Information Administration, Kallanish Energy calculates. For the week ended Nov. 1, just 34 billion cubic feet of working gas was placed into storage — the smallest amount since 25 Bcf
Read More...Antero Resources saw a 24% increase in production during the third quarter over the same period a year earlier, despite capital spending cutbacks, according to Kallanish Energy. Antero’s net daily natural gas-equivalent production averaged 3.37 billion cubic feet equivalent per day in the third quarter. Its production was composed of 32% liquids. The company’s drilling
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. A completely deceptive and stupid pipeline trick practiced by New Jersey won favor with the 3rd Circuit Court of Appeals is now being advanced by others. Despite a very well argued appeal to the full Third Circuit Court of Appeals after a throughly bad decision from a three
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. How NOT to Influence People and Win Friends This may be the tipping point for over-the-top, jump-the-shark, wolf crying by those trying
Read More...The American Mold Builders Association has waded into the China mold tariff issue, hiring a Washington lobbyist firm to call on the Trump administration to bring back tariffs on injection molds made in China. AMBA said the tariff helped its members gain business and that U.S. toolmakers were hurt when the tariffs came off late
Read More...CNX remains optimistic about 2020 despite low natural gas prices, according to Trib Live. The company has continued to adjust to the weak market, cutting 14% of its workforce and laying off 70 employees in August. It expects to realize $25 million in savings from “reconfiguring” workflows and combining functions during the third quarter. CNX
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