U.S. Oil and Natural Gas Showed Resilience in 2020

As we look back on 2020, there’s no denying it was a challenging year for everyone, including the U.S. oil and natural gas industry. Production decreased for the first time in years as a result of the pandemic and its impacts on global markets. But despite these unique and unexpected challenges, the industry continued to

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Natural Gas Now Best Picks of the Week – December 19, 2020

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. California Wealthy Elites Imposing High Electricity Prices on the Poor Great insights from Energy In Depth on California’s energy problems; they

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Natural Resources Minister: LNG Is a Key Factor in Canada Achieving Net-Zero Goal

Natural Resources Minister Seamus O’Regan recently emphasized how significant British Columbia’s liquified natural gas (LNG) exports will be in achieving Canada’s net-zero goal by 2050, along with other sources of domestic energy production. Minister O’Regan, who gave a virtual presentation during an energy and climate conference in Vancouver, said oil and natural gas are integral

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UGI Energy Services Bethlehem LNG Facility Now Online

Connie MellinNatural Gas NOW“PAShaleAdvocate”   The UGI Bethlehem liquified natural gas facility is now online and ready to supply LNG to meet demands of power plants during peak times. UGI Energy Services, LLC held a ribbon cutting today to celebrate their new LNG facility coming online. The Bethlehem LNG Facility will be a great asset

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New Fortress Facility Is Keystone to Appalachian Gas Development

Tom ShepstoneShepstone Management Company, Inc. …. ….  The New Fortress export facility is being fought by the Delaware PovertyKeeper because it’s key to so much regarding natural gas. Our buddy, Jim Willis, from Marcellus Drilling News, has an excellent piece explaining so much of why the Delaware PovertyKeeper a/k/a Riverkeeper is so adamantly opposed to

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Novatek’s Q3 natgas production up 4.5%

Russia’s largest independent gas producer, Novatek, saw its production rise 4.5% year-on-year during the third quarter of 2020, despite a slight decline in total sales volumes, Kallanish Energy reports. The company said in its Q3 results that total gas production reached 19.13 billion cubic meters (Bcm) in the July-September quarter, up from 18.31 Bcm a

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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. The consultancy said in its Maritime Forecast to 2050 report that currently there are at least 16 different fuel types and 10 fuel technology systems in the

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Natural Gas Now Best Picks of the Week – September 19, 2020

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. Germany Just Can’t seem to Get It Right It seems Vladimir Putin keeps poisoning people but, as Dan Markind points out

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Canadian Energy Weekly Round-Up: September 14, 2020

Here are the top news stories covering Canada’s energy landscape: Poll: Quebecers Support Domestic Energy Production When it comes to developing national resources for energy consumption, Quebecers are all-in. According to a new Ipsos poll conducted on behalf of the Montreal Economic Institute (MEI), Quebecers overwhelmingly prefer to import Western Canadian oil as opposed to

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President Underscores Need for New Infrastructure During Permian Visit

The need for new infrastructure and the importance of American energy were the key messages during President Donald Trump’s speech during his visit to  Midland-Odessa, the de facto capital of the Permian Basin. The president was in the world’s largest oilfield to tour an oil rig and speak to constituents about the importance of the

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Plastics Makers Indicate Delaware Valley Opportunity, Despite Naysayers

Garland L. Thompson, Esq.Journalist and Author, Philadelphia Garland Thompson carefully explains the opportunities created by natural gas, plastics makers and the Mariner East despite usual suspect opposition. A Delaware Business Now story on Glasgow-based Polymer Technologies raises interesting implications. If i were to hazard a guess, I’d say Polymer Technologies gets its propylene, polypropylene and

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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). The decline largely reflects the impact of rising global gas supply, which in turn led to sharp falls in spot prices

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Natural Gas Now Best Picks of the Week – July 4, 2020

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. Usual Suspects Oppose Economic Development in Northern Tier The pattern is always the same: The alliance Protect Northern PA has launched

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Exmar readies to dispute YPF’s force majeure notice

Belgium shipping company Exmar is considering the best way to defend its interests in a dispute with Argentina’s YPF, Kallanish Energy reports. The company said last week it received notification of force majeure from YPF under the Charter Agreement and Services Agreement they hold for the Tango FLNG barge. Exmar said the move is “unlawful,” and

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Trump administration allows LNG shipments by rail

The Trump administration has decided to allow rail shipments of liquified natural gas, as court and regulatory battles over pipeline projects have slowed the movement of natural gas to markets, according to the Star Tribune. The U.S. Pipeline and Hazardous Material Safety Administration published the rule last week, permitting rail shipments of the flammable and

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