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...George StarkDirector, External AffairsCabot Oil & Gas … .. Act 66 is paving the way to long-term jobs and economic development by providing tax credits to petrochemical production facilities in Pennsylvania. Since House Bill 732 was signed into law, Pennsylvania state legislators have been meeting with labor and energy experts to figure out the details. Their focus
Read More...While little is agreed upon across the aisle these days, we’ve seen clear evidence this election cycle that U.S. energy security is a top priority for Americans, and that both Democrats and Republicans agree oil and natural gas has an important role to play in the future. Energy has featured prominently in races up and down the ballot,
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Medicine Hat, Alberta, threw a cool $12 million into a solar facility that still cannot compete with natural gas; it’s bitter medicine. This one is a pitch perfect illustration of the foolishness that is the premise green energy can compete with natural gas. It has to do with
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Colder weather? Who knew? The EIA says natural gas use is going up this winter due to this yet again “unexpected” development. The EIA put out a seemingly innocuous Today In Energy post yesterday about projected gas use this winter but it contained a somewhat surprising admission; it’s
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) “ET Go Home” seems to be the message as the Pennsylvania DEP engages in shameless projection against ET to distract from its own failures. The bad blood between Energy Transfer (ET) and the Pennsylvania Dept. of Environmental Protection (DEP) continues. ET’s Sunoco Pipeline subsidiary is desperately trying to complete
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 a methanol plant, Diversified Oil & Gas, Gulfport Energy and much more last week. The Shale Gas News has grown again to
Read More...Upper DelawareRiver Basin Citizens …. …. The UDRBC held another very successful candidate night last week and Jim Bognet exposed Cong. Cartwright as a rich Canadian interloper. The Beach Lake Fire Hall was the location of a Meet the Candidates evening hosted by the Upper Delaware River Basin Citizens (UDRBC) on October 20, 2020. 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. Anti-Fracking Crusade Running Out of Gas? Dan Markind does an election overview with respect to states where fracking has been an
Read More...Sterling BurnettSenior Fellow, Energy and Environment, The Heartland Institute … … [Editor’s Note: The real Biden/Harris Energy/Climate Plan is far more dangerous than their equivocating political statements this October.] Pundits have regularly opined about the possibility of an “October Surprise,” in the 2020 election race, a Hallowe’en trick that could change Presidential fortunes for one
Read More...Antero Resources reported a net loss of $536 million or $1.99 per diluted share in the third quarter 202, Kallanish Energy reports. That compares to a net loss of $879 million or $2.86 per share in the 3Q 2019. The loss was driven by a $749 million unrealized commodity hedge fair value loss as a
Read More...Chinese demand for natural gas is expected to grow by 10% year-on-year this winter, as a Covid-19 recovery spurs higher residential and industrial consumption, state oil companies said on Thursday. Presenting at a gas seminar in Beijing, the companies said demand during the 2020/21 peak winter season is estimated at 148 billion cubic meters (Bcm),
Read More...China’s Sinopec reported a net profit attributable to shareholders of 24.45 billion yuan ($3.64 billion) during the third quarter, while boosting natural gas sales and maintaining production levels, Kallanish Energy reports. The company said in its financial statement net profit was down 44.7% compared to the 44.22 billion yuan ($6.6 billion) recorded a year ago,
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...Royal Dutch Shell said Thursday it is starting a new era of dividend growth, as it announced a portfolio reshape to meet cleaner energy needs, Kallanish Energy reports. The supermajor decided to raise its dividend by 4% to 16.65 cents in the third quarter and annually thereafter. In April, it had slashed the payout by
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