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
Read More...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
Read More...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
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. Germany Just Can’t seem to Get It Right It seems Vladimir Putin keeps poisoning people but, as Dan Markind points out
Read More...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
Read More...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
Read More...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
Read More...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
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. Usual Suspects Oppose Economic Development in Northern Tier The pattern is always the same: The alliance Protect Northern PA has launched
Read More...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
Read More...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
Read More...Total-led liquefied natural gas project, Mozambique LNG, has reportedly been offered a five-year, $2.25 billion funding guarantee from the Mozambican government. Partners at the $20 billion onshore project are said to have agreed to the guarantee in lieu of an immediate equity contribution from state-run National Hydrocarbon Company (ENH). The company owns a 15% stake
Read More...U.S. liquefied natural gas (LNG) exporters could see the cancellation of an estimated 40-45 cargos for August loading, similar to levels reported for July loadings, Kallanish Energy reports. Citing unnamed sources, Reuters reported earlier this week Cheniere is likely to see 30 cargos canceled, while up to 10 shipments could be canceled from the Freeport
Read More...While global carbon emissions saw a slight increase in 2019, the United States continued its long-term trend of reducing these emissions – at the same time that natural gas production and demand continued to increase – according to BP’s 2020 Statistical Review of World Energy. This year’s edition was published amidst one of the most
Read More...Chevron and Shell’s upstream portfolios are the most resilient at oil price at $30 a barrel and offer the highest cash margins at $70/Bbl, according to analysts at Wood Mackenzie. Tom Ellacott and the Corporate Analysis team at the consulting firm have studied the resilience of the seven oil and gas majors: BP, Shell, Chevron,
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