The switch to natural gas for electricity generation prevented 95 million tons of CO2 emissions in 2018, according to a new International Energy Agency (IEA) report. The report found that global energy emissions increased 1.7 percent in 2018 – largely attributable to increased global energy demand. And as IEA explained, without the switch to natural
Read More...The ample warnings about the potential consequences of SB 181 have done nothing to slow its push through the Colorado General Assembly. After passing through the House Appropriations Committee this morning, the bill is scheduled to be discussed on the floor this evening and a final vote is expected as soon as tomorrow. Ultimately, SB
Read More...Kimbell Royalty Partners said Monday it’s closed the previously announced purchase of oil and gas royalty assets from EnCap Investments for roughly $171.6 million in Kimbell Royalty Operating stock. The acquisition includes oil and natural gas mineral and royalty interests previously controlled by EnCap through Phillips Energy Partners, Phillips Energy Partners II and Phillips Energy Partners
Read More...Tom ShepstoneNatural Gas NOW … … The head of the International Energy Agency has just declared 2018 was another “golden year of gas” worldwide with gas representing almost half of demand. Yes, Dr. Fatih Birol, Executive Director of the International Energy Agency, just said this: “Last year can also be considered another golden year for
Read More...Lower heating costs – brought on by increased natural gas production from the shale revolution – reduced winter mortality rates from 2000 to 2010, according to a new National Bureau of Economic Research paper. As the NBER paper explains, “We find that lower heating prices reduce mortality in winter months. The estimated effect size implies
Read More...Tom ShepstoneShepstone Management Company, Inc. Natural gas consumption was up big-time in the U.S. in 2018, signaling not only an economic boom in this country but also the start of a golden age of gas. The Energy Information Administration (EIA) is out with another of its wonderful reports offering “just the facts” and the facts
Read More...Tom ShepstoneShepstone Management Company, Inc. If you want to appreciate just how much damage Andrew Cuomo has done to New York take a quick look at the machinations of his Public Service Commission. Last month, as the potential for a moratorium on natural gas connections in the New York City metro area loomed, the New
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 PennEast pipeline, ConEd moratorium, Connecticut solar and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!
Read More...Tom ShepstoneShepstone Management Company, Inc. GE will provide its record-setting HA gas turbine, the company’s most advanced and efficient technology ever, for a new energy project in Eastern Ohio. Fortress Transportation and Infrastructure Investors LLC is developing a project known as the Long Ridge Energy Terminal in Eastern Ohio. It will, according to the company,
Read More...A new wave of aggressive anti-oil and natural gas legislation is cropping up in several states, driven by national “Keep It In the Ground” (KIITG) groups that have failed numerous attempts at the federal level to restrict development. Emboldened by the introduction of the “Green New Deal”, KIITG groups have made it clear that nothing
Read More...Yesterday’s decision echoed similar actions Adams County took ahead of the 2018 election, when Proposition 112—or the mandated 2,500-foot setback—was on the ballot. This time, commissioners chose to put a stop to oil and gas activity in anticipation of a rush of permits being filed before SB-181 passes the state legislature and goes into effect. The move
Read More...Earthquake activity in Oklahoma declined for the third straight year in 2018 even as oil and natural gas development increased in the area, according to the latest data from the U.S. Geological Survey. As EID’s updated infographic shows, seismic activity decreased by a whopping 83 percent – falling from a peak of 887 earthquakes in
Read More...Surging production that made 2018 a banner year for U.S. oil and natural gas is carrying into the new year, data show. Success in shale development across the country spurred natural gas production to hit a new record high in 2018 for the second consecutive year. Meanwhile, oil production continues to outpace 2018’s record highs
Read More...Midstreamer Tallgrass Energy this week announced the promotion of chief operating officer Bill Moler to president, effective immediately. The Kansas-based company said David G. Dehaemers Jr. remains CEO and Moler will retain his current COO title, Kallanish Energy reports. “I’m delighted to announce Bill’s ascent to President, a move that recognizes his increasingly vital role
Read More...The Trump administration is granting Iraq a renewed 90-day waiver, exempting it from U.S. sanctions on Iran, a State Department official told CNBC Tuesday. The waiver, last issued in December and expired Tuesday, will allow Iraq to continue buying electricity from its neighbor, Kallanish Energy reports. “While this waiver is intended to help Iraq mitigate
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