Cheniere’s Train 2 at Corpus Christi substantially complete

Cheniere Energy has announced that Train 2 at Corpus Christi, Texas, has reached substantial completion, Kallanish Energy reports. That was reached last week at the liquefaction/export facility, the company said on Tuesday. Commissioning is complete and Cheniere’s Epc partner Bechtel Oil, Gas and Chemicals Inc. has turned Train 2 over to Cheniere. Texas-based Cheniere has

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Citgo selects Carlos E. Jorda as CEO

Citgo Petroleum’s board has selected Carlos E. Jorda as its chief executive, selecting a veteran refinery expert and native Venezuelan to run a company facing legal attacks and working under U.S. sanctions against its parent, Petroleos de Venezuela (Pdvsa). Citgo severed ties with Pdvsa earlier this year after President Trump levied sanctions on the state-run company and

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Kinder sues Texas suburb over anti-pipeline ordinance

Houston pipeline operator Kinder Morgan has sued a suburb of the Texas capital city of Austin over passage of an ordinance the company alleges is designed to keep its proposed Permian Highway natural gas pipeline out of town — despite the route being approved by state regulators. In a lawsuit filed last week in U.S. District

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Working-rig total slips slightly

The number of rigs working onshore in the Lower 48 U.S. states dipped slightly last week, the fourth week in the last five where the working-rig total has fallen, data from Baker Hughes, a GE company, reveals. For the five-day period ended July 3 (two days shorter than normal due to the Fourth of July

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Natural Gas NOW Picks of the Week – June 1, 2019

Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW 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. New York Is the Biggest Loser As Wealth Leaves the Empire State Andrew Cuomo, New York’s follower in

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Methane Emissions Going Down, Despite Cornell Hype from 5 Years Ago

Tom ShepstoneNatural Gas NOW … …  Remember when Cornell’s Bob Howarth proclaimed natural gas was worse than coal due to methane emissions? Well, the latest data says those emissions are down. Methane emissions, about five years ago, became a trendy subject among those desperate to stop natural gas development. They had previously hung their hat

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Working-rig count falls for 5th straight week

The number of rigs working onshore in the Lower 48 U.S. states last week fell by two, and brought to five the number of consecutive weeks the count has slipped, data from Baker Hughes, a GE company, reveals. At May 10, 955 rigs were working in the Lower 48, down two rigs from the previous week, and off 59

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FERC Report Tells the Story as the Shale Revolution Moves Ever Forward

Tom ShepstoneNatural Gas NOW … …  The recently released FERC State of the Markets Report, 2018″ report is an update on the progress of the shale revolution as it moves forward claiming new territory. The highlights say it all (emphasis added): Natural gas markets experienced record high demand and supply. Natural gas storage fell to

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Trump’s Pipeline Executive Order Here! It’s VERY Good!

Tom ShepstoneShepstone Management Company, Inc.   President Donald Trump delivered some great news to pipeliners yesterday with his pipeline executive order, Andrew Cuomo says it’s overreach, so it’s good! The Trump pipeline executive order is here! And, Andrew Cuomo, the king of overreachers, says it’s “gross overreach.” We don’t need to know a lot more,

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What Was West Virginia’s Governor Thinking? Coal?

Daniel B. Markind, Esq.Flaster Greenberg PC West Virginia’s Governor vetoed a strong bipartisan supported bill to plug up nearly 4000 abandoned oil and natural gas wells. Why? To support coal?  West Virginia Governor Jim Justice made one of the most curious gubernatorial moves in recent years recently, when he vetoed a bill that would have directed

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Trump Going to Houston to Announce Pipeline Executive Order!

Tom ShepstoneShepstone Management Company, Inc.   President Donald Trump is going to Houston on Wednesday and will announce the pipeline executive order he’s issuing. It’s more than pipelines; it’s justice! We are two days away from an in-your-face Executive Order President Trump is issuing to deliver some justice to states such as New York where

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Shell enters into 20-year deal with Rio Grande LNG

The liquefied natural gas arm of oil supermajor Royal Dutch Shell has become the first customer of NextDecade’s proposed $15 billion Rio Grande LNG export terminal at the Port of Brownsville, Texas. NextDecade announced the 20-year sale and purchase agreement at the LNG2019 conference in Shanghai Monday night, Kallanish Energy learns. Under the deal, Shell will

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The Permian Basin Is Now the Highest Producing Oilfield in the World

Just two months after the New York Times reported that Texas and New Mexico’s Permian Basin could surpass Saudi Arabia’s Ghawar oilfield to become the highest producing oilfield in the world in the next three years, data released this week provided a new take: It already did. Now we know the Permian basin is now

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