US News

Commodities 2021: Alaska’s North Slope operators on track with two projects

Commodities 2021: Alaska’s North Slope operators on track with two projects

S&P

Anchorage — Despite a lackluster outlook for crude oil prices, North Slope operators are on track with two major projects in 2021 that could add 200,000 b/d of new production moving through the Trans Alaska Pipeline System by 2025.…

December 30, 2020 - 12:10 pm Closing Bell Story‎, Commodity Pricing, Crude Oil News, US News
The Pecos River flows outside Carlsbad, N.M. The river is at the center of a dispute between New Mexico and Texas that the Supreme Court will hear.
Photographer: Steven St John/Bloomberg via Getty Images

Supreme Court Environmental Cases Could Stretch to Climate, Coal

Bloomberg Law


The U.S. Supreme Court launches its new term with a light environmental docket and a heavy air of uncertainty, with a nomination battle raging and a global pandemic continuing to disrupt the institution’s normal order.

The court sits

September 29, 2020 - 2:07 pm Climate Change, Coal News, Law, US News
U.S, Shale Recovery Leans On Huge Inventory Of DUCs

U.S, Shale Recovery Leans On Huge Inventory Of DUCs

Rystad


The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the current level of fracking without the industry adding more …

Trump Administration Finalizes Weakening of Obama-Era Rule Aimed at Reducing Coal Plant Pollution

Trump Administration Finalizes Weakening of Obama-Era Rule Aimed at Reducing Coal Plant Pollution

AP News   Follow | Monday, 31 August 2020 20:26  (EST) …

September 1, 2020 - 6:24 am Coal News, Energy News, Industry Insights, Press Releases, US News
More energy is used per person for transportation in states with low population density

More energy is used per person for transportation in states with low population density

EIA


Oil & Gas 360 Publishers Note: Great report from the EIA – However I have one question – How will all of the people leaving the major population centers change this report? 

According to the latest data estimates in …

Source: Reuters

US crude exports fell in June, China top buyer – India second, and Canada rounds out 3rd

Argus


Houston, 5 August (Argus) — US crude exports in June fell for the fourth straight month as efforts to combat the Covid-19 pandemic slashed global demand. China was the top buyer.

Total US crude exports averaged 2.75mn b/d in …

August 5, 2020 - 1:30 pm China, Crude Oil News, Energy News, International, US News
OPEC, allies set to ease oil cuts, seeing pandemic recovery – Fox Business Video

OPEC, allies set to ease oil cuts, seeing pandemic recovery – Fox Business Video

Fox Business


Oil & Gas Publishers Note: Key Point: “If OPEC clings to restraining production to keep up prices, I think it’s suicidal,” said a person familiar with the Saudis’s thinking. “There’s going to be a scramble for market share,

Oil demand is beginning a slow, and fragile, recovery worldwide

Oil demand is beginning a slow, and fragile, recovery worldwide

Bloomberg


LONDON (Bloomberg) –Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder didn’t even need his business insight to know that fuel consumption was …

Trump Declares National Emergency As Foreign Hackers Threaten U.S. Power Grid

Trump Declares National Emergency As Foreign Hackers Threaten U.S. Power Grid

Forbes


President Trump has signed an executive order that declares foreign cybersecurity threats to the U.S. electricity system a national emergency.

President Trump signed an executive order, May 1, to further secure the U.S. bulk-power system from foreign adversaries that …

Supreme Court to Take PennEast Pipeline Case? Let’s Hope So!

Supreme Court to Take PennEast Pipeline Case? Let’s Hope So!

Natural Gas Now


Oil & Gas 360 Publishers Note: This is an excellent Op-Ed piece by Jim Willis about the rights of land owners, eminent domain, and left wing government forcing their will on pipelines. This is almost a “government

EIA forecasts U.S. crude oil production to decline because of low oil prices – STEO foretasted below $45 per barrel through 2021

EIA forecasts U.S. crude oil production to decline because of low oil prices – STEO foretasted below $45 per barrel through 2021

EIA


In the April 2020 update of its Short-Term Energy Outlook (STEO), released on April 7, and before a recently announced agreement by oil producing countries to limit production, the U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil …

Duke Energy crews restore power to most of the nearly 600,000 customers impacted by major storm in Carolinas

Duke Energy crews restore power to most of the nearly 600,000 customers impacted by major storm in Carolinas

Duke Energy crews restore power to most of the nearly 600,000 customers impacted by major storm in Carolinas

April 14, 2020 - 7:02 pm Press Releases, US News
Enverus: Welcome to the Dark Side of the Boom

Enverus: Welcome to the Dark Side of the Boom

360 News Wire


New, dismal supply and demand outlook could contain overlooked bright spots

Oil & Gas 360 Publishers Note: We had the opportunity to interview Bernadette Johnson, VP, Enverus, last month about trends they were seeing. Check out the

3M and the Trump Administration Announce Plan to Import 166.5 Million Additional Respirators into the United States over the Next Three Months

Today 3M and the Trump Administration are announcing a plan to import 166.5 million respirators over the next three months to support healthcare workers in the United States. 3M and the Administration worked together to ensure that this plan does …

April 6, 2020 - 6:58 pm Press Releases, US News

Statement of Support for Ohio Actions to Slow the Spread of COVID-19

COLUMBUS, OhioMarch 22, 2020 /PRNewswire/ — American Electric Power (NYSE: AEP) Chairman, President and Chief Executive Officer Nicholas K. Akins today issued the following statement of support for the actions taken by Governor Michael DeWine and his administration …

March 22, 2020 - 4:02 pm Press Releases, US News
Coronavirus Warning- The oil and gas market makes no excuses

Coronavirus Warning- The oil and gas market makes no excuses

#hottakeoftheday


Oil & Gas 360 Publishers Note: This is an excellent opinion piece from David. The oil and gas market is not behaving like other industries and making excuses for performance. Yesterday’s O&Gas 360 Closing Bell Email included the Warren

Climate change and the coal industry; how are regulations impacting coal production.

Climate change and the coal industry; how are regulations impacting coal production.

WTHI-TV10


Oil & Gas Publishers Note: WTHI-TV10 provides a good report on the coal industry, and some good advice is offered in the report: “We need more diversity on our system that our customers would be hurt if we have

India ‘bigger problem’ than China on reducing carbon emissions: Michael Bloomberg

India ‘bigger problem’ than China on reducing carbon emissions: Michael Bloomberg

DH 


Oil & Gas Publishers Note: Last nights Democratic debate was the best entertainment, while being horrifying, evening my wife and I have had in a long time. The Deccan Herald posted a good article of Michael Bloomberg’s comments on

Democratic Presidential candidate and former New York City Mayor Michael Bloomberg speaks during a rally Friday, Jan. 10, 2020, in Atlanta. (AP Photo/John Bazemore)

Bloomberg privately funds attorneys in state AG offices while running for president

Lowell Sun


Oil and Gas Publishers Note: There are two legal systems in the United States. Democrat – and then everyone else. Jessica Towhey published a good article covering the billionaire Michael Bloomerg imposing his will on the US citizens.

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production


From a valuation perspective, a fraccing ban would theoretically affect the full acreage potential and hence negatively impact the total portfolio value for some E&Ps. Rystad Energy research indicates that as much as US$36.5 billion in upstream asset
Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services

Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services

Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services

Williams completes gateway expansion project ahead of schedule to help serve growing demand for natural gas in northeastern U.S.

Williams completes gateway expansion project ahead of schedule to help serve growing demand for natural gas in northeastern U.S.

Williams completes gateway expansion project ahead of schedule to help serve growing demand for natural gas in northeastern U.S.

The energy agency that could thwart Democrats’ climate plans

The energy agency that could thwart Democrats’ climate plans

Politico


Sens. Bernie Sanders and Elizabeth Warren have endorsed a call to reshape FERC as a climate regulator, but is it necessary for a Green New Deal?

 

Democratic presidential candidates’ promises to fight climate change could hinge on whether

Under a 25-year contract, Glendale utility officials will be getting 25MW of record-cheap solar energy from the Eland solar project. It will increase the city’s renewable energy portfolio by about 9%. Above are photovoltaic cells in western Kern County. (Mel Melcon / Los Angeles Times)

Glendale will get a piece of landmark solar-energy, battery storage project

LA Times


Glendale will be getting a small piece of one of the country’s largest and cheapest forthcoming solar and battery energy storage projects.

Los Angeles is the primary and only other participant in what’s known as the Eland project, …

Factbox: How China tariffs on U.S. commodities, energy stand after Phase 1 trade deal

Factbox: How China tariffs on U.S. commodities, energy stand after Phase 1 trade deal

Reuters


BEIJING/SINGAPORE  – China and the United States have agreed terms of a Phase 1 trade deal under which the United States reduced some tariffs and Beijing canceled retaliatory duties that were scheduled to take effect on Dec. 15.

Factbox: How China tariffs on U.S. commodities, energy stand after Phase 1 trade deal - oilandgas360

Before …

Climate activists protest on the first day of the Exxon Mobil trial outside the New York State Supreme Court building on October 22, 2019 in New York City.
Angela Weiss | AFP | Getty Images

Exxon found not guilty in New York climate change case, ending 4-year saga for oil company

CNBC


The $1.6 billion suit brought by New York Attorney General Letitia James alleged that Exxon deceived investors about the true cost of climate change.

Exxon did not mislead shareholders over the true cost of climate change, New York Supreme

U.S. sanctions hit global oil fleet as traders shun nearly 300 tankers

U.S. sanctions hit global oil fleet as traders shun nearly 300 tankers

Source: Reuters


MEXICO CITY/SINGAPORE (Reuters) – Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said.

The move has taken roughly …

EnLink Midstream Declares Quarterly Distributions for Third Quarter 2018

EnLink Midstream Declares Quarterly Distributions for Third Quarter 2018

October 18, 2018 - 6:00 am Earnings, Midstream, Press Releases, US News