Conservation groups recently filed a notice of intent to sue President Donald Trump over the executive order he made on June 4, which directed federal agencies to fast-track pipelines, oil and gas drilling and other infrastructure projects, according to Kallanish Energy. The Center for Biological Diversity filed the notice of the potential lawsuit, which will
Read More...EXCO Resources has selected Edge LNG to capture and liquefy natural gas from a stranded Marcellus Shale well, according to World Oil. Edge LNG will have its mobile LNG equipment delivered by truck to the Marcellus site. The company will then produce the LNG and purchase it from EXCO Resources. Next, the LNG will be
Read More...Natural gas prices have suffered due to disrupted demand caused by the global economic shutdown brought on by COVID-19, according to Investment U. U.S. natural gas consumption is expected to decrease 3.9% year-over-year to 81.9 billion cubic feet per day in 2020, according to the Energy Information Administration. One of the reasons for this drop
Read More...President Donald Trump signed an executive order that waives requirements as part of the Endangered Species Act and the National Environmental Policy Act for new mines and pipelines, using an “emergency” declaration, according to OilPrice.com. Trump sited the economic emergency stemming from the fallout of the COVID-19 pandemic as a need for the executive order.
Read More...Malaysia’s state oil and gas company, Petronas, said Thursday it has entered Myanmar’s gas market delivering its first two liquefied natural gas (LNG) cargoes to CNTIC VPower, Kallanish Energy reports. The successful exports mark a “new era” in the growth of LNG demand in the South East Asian region, said Petronas LNG CEO Abdul Aziz Othman. “With
Read More...Mozambique’s national petroleum institute INP said on Thursday the country’s natural gas and liquefaction projects remain in line with the schedule agreed between the government and investing companies. INP’s chairman Carlos Zacarias told a press conference a day earlier that despite the suspension of activities in Afungi due to the Covi-19 pandemic, implementation activities for
Read More...Denmark’s energy ministry has been advised to cancel the country’s 8th oil and gas licensing round, in order to maintain its position as a climate-leading country, Kallanish Energy reports. Independent adviser to the government, the Danish Council on Climate Change, said on Thursday that the bidding round that took place in 2018 and received interest
Read More...Gazprom and RusGazDobycha have reached a final investment decision (FID) on the development of the giant Semakovskoye gas field in Western Siberia, Kallanish Energy reports. The partially offshore/onshore field in the Yamal-Nenets autonomous region has recoverable gas reserves of over 320 billion cubic meters (Bcm). The project is slated to enter commercial production in 2022
Read More...Germany announced it will invest €9 billion ($10.2 billion) to boost its hydrogen strategy, aimed at becoming a global supplier of “state-of-the-art” hydrogen technology, Kallanish Energy reports. The coalition government agreed late on Wednesday a €130 billion ($147.3 billion) coronavirus recovery stimulus package. The program is geared to climate change mitigation and promoting the technologies
Read More...The Pennsylvania House recently advanced legislation that seeks to ensure responsible oversight of the conventional oil and gas industry, aiming to protect the environment and safeguard industry stability within the Commonwealth, according to the Pennsylvania Business Report. Senate Bill 790, sponsored by state Sen. Joseph B. Scarnati (R-25), would enact the Conventional Oil and Gas
Read More...The Trump administration issued a new water permit rule that will make it harder for states and Native American tribes to block interstate pipelines and other large projects that impact waterways, according to Kallanish Energy. The new rule will only allow states and tribes top have one year to review projects for water pollution permits.
Read More...The Pennsylvania Department of Environmental Protection is seeking public comment via three virtual public hearings on draft regulations that would reduce air pollution from existing natural gas wells and infrastructure, according to Kallanish Energy. The proposed regulations would restrict volatile organic compounds and would also reduce methane emissions. Additionally, they would require additional controls at
Read More...A new report from the Pennsylvania Independent Fiscal Office has reported a 6.8% increase in quarterly natural gas production, according to Kallanish Energy. The report stated production increased to 1,766 billion cubic feet in the first quarter of 2020, compared to 1,654 billion cubic feet during the same period in 2019. The 6.8% growth rate
Read More...Turkey’s imports of liquefied natural gas (LNG) surpassed purchases of pipeline gas for the first time ever in March, Kallanish Energy reports. Data released by the Turkish Energy Market Regulatory Authority (EMRA) late last week showed LNG imports increased by 8.2% year-on-year and accounted for 52.5% of the total gas imports that month. Some 2.06
Read More...The Trump administration provided a major boost to developers of renewable energy, in the wake of the coronavirus pandemic, Kallanish Energy reports. The U.S. Treasury Department and the Internal Revenue Service last week issued a Notice 2020-41 to provide tax relief to affected taxpayers involved in solar and wind projects by extending the safe harbor
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