On Tuesday, Equitrans Midstream Corp. announced it still plans on completing the $5.4-$5.7 billion Mountain Valley natural gas pipeline from West Virginia to Virginia early next year, according to Reuters. The company’s statement comes after a decision by the U.S. Fish and Wildlife Service to issue a new Biological Opinion on Sept. 4, which the
Read More...The U.S. Fish and Wildlife Service (USFWS) has issued a new Endangered Species Act review of the Mountain Valley Pipeline LLC’s 2 million Dth/d, 303-mile Appalachian natural gas pipeline, according to Natural Gas Intelligence. The USFWS notified the Federal Energy Regulatory Commission last week that it had finished drafting a current Biological Opinion (BiOp) and
Read More...A new report examining various scenarios of hydrogen adoption in North-West Europe has found that demand could exceed 700 terrawatts (TWh) by 2050, Kallanish Energy reports. The hydrogen in the Northwest European energy system report, published by Aurora Energy Research, assesses the role of hydrogen in the energy systems of Germany, Belgium, and the Netherlands,
Read More...Liquefied natural gas (LNG) exports from Australia’s Gladstone port remained consistent during August, with China again accounting for the highest levels of exports, Kallanish Energy reports. According to shipping data from Gladstone Port Corporation, the port exported a total of 1.66 million tonnes (Mt) of LNG spread over 25 shipments last month. In July, the port exported
Read More...French supermajor Total has given up operatorship of five oil and gas exploration blocks offshore Brazil, Kallanish Energy reports. The company said, in a statement on Monday, it had notified its partners Petrobras and BP on August 19 of its resignation in the environmental-sensitive Foz do Amazonas Basin. In 2018, the Brazilian environment regulator Ibama
Read More...ExxonMobil has announced its 18th offshore Guyana crude oil discovery at the Redtail-1 well, Kallanish Energy reports. That discovery will add to the 8 billion oil-equivalent barrels projected from the Stabroek Block. “Our Stabroek Block exploration program continues to identify high-quality reservoirs in close proximity to previous discoveries, establishing efficient opportunities for new projects in
Read More...The global energy storage market is projected to grow to $546 billion by the year 2035, according to a new recent report by Florida-based Lux Research. One of the largest markets with an expected 76% compound annual growth rate and an increase in revenues of $8 billion in the next three years is residential storage,
Read More...A Virginia legislator recently introduced a bill that may make it more difficult for the Mountain Valley Pipeline (MVP) to complete construction, according to Kallanish Energy. Delegate Chris Hurst, D-Montgomery presented a bill that would require that any project requiring 50 or more temporary workers during the coronavirus pandemic get additional state approval from the
Read More...Two lawsuits have been filed against the Trump administration because of the new rules permitting liquefied natural gas (LNG) to be transported by railroad, according to Kallanish Energy. Both suits contend that such LNG shipments by rail pose an unacceptable safety threat to communities. One suit was filed by attorney generals from California, Delaware, Illinois,
Read More...Peregrine Energy Partners recently acquired additional producing royalties in Doddridge County, West Virginia from several private sellers, according to EIN Presswire. The company finalized the acquisition of royalties in 17 producing natural gas wells across three units under Antero Resources and Jay-Bee Oil and Gas. “We will continue to look for properties with a similar
Read More...Norway’s Equinor will not drill any more shale wells in the United States this year, continuing to adjust to lower oil prices, a spokesperson for the company said, according to OilPrice.com. Equinor halted drilling in the Bakken and the Marcellus shale fields in March this year, as it slashed billions in spending in response to
Read More...The use of renewables for electricity generation rose 32% year-on-year during second quarter according to a new report, Kallanish Energy reports. The Drax Electrical Insights Q2 report, published on Monday by UK power generator Drax and compiled from analysis by Imperial Consultants, found that the share of renewables in the UK energy mix increased to
Read More...Polish oil and gas company PGNiG has expanded its hydrogen development project through a new partnership with Toyota Motor Poland, Kallanish Energy reports. The two companies will cooperate on the advancement of hydrogen technologies in Poland, including the construction of a new pilot hydrogen refuelling station. PGNiG’s hydrogen research programme, which was launched in May
Read More...Chesapeake Energy wants to terminate a $300 million pipeline contract in its Chapter 11 bankruptcy proceedings, Kallanish Energy reports. That request has been opposed by pipeline giant Texas-based Energy Transfer. Now the Federal Energy Regulatory Commission is supporting Energy Transfer and is getting involved in the ongoing legal fight, Reuters reported. FERC has argued in
Read More...Construction is expected to begin in late fall 2020 on a new wind farm in north-central Oklahoma, Kallanish Energy has learned. The 288-megawatt Maverick Wind Center will be built by Invenergy LLC, officials told the Enid News and Eagle newspaper. The $402 million facility in Major County is expected to begin service in December 2021.
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