Company News
FES to close all coal-fired & nuclear power plants
FirstEnergy Solutions says it intends to close its last coal-fired power plants in Pennsylvania and Ohio in 2021-2022, although those decisions could be reversed if the Ohio-based company were to ...
SM Energy closes non-core asset sale to Petro-Hunt
SM Energy said Thursday it closed the previously announced sales of its remaining assets in the Williston Basin in North Dakota, and third-party-operated assets known as Halff East in Upton County, ...
Ohio energy users saved $40.2B due to shale
Ohio energy users saved more than $40.2 billion from 2006 to 2016, thanks to lower natural gas prices, according to a new report from the Texas-based Consumer ...
Haynesville Shale making major production comeback
The Haynesville Shale is back. Natural gas production in the dry gas shale play jumped in both 2017 and 2018. The U.S. Energy Information Administration is projecting ...
$54 million pipeline planned for Wyoming
Black Hills Energy, of Rapid City, S.D., is preparing to build a 35-mile, $54 million natural gas pipeline in Converse County, east-central Wyoming. The Natural Bridge Pipeline will ...
GGFR: Russia is No. 1 in world for flaring natural gas
New satellite data shows a significant decline in natural gas flaring at oil production sites around the world in 2017, Kallanish Energy reports. The decline was about ...
KBR awarded FEED pact for Nigerian LNG expansion
U.S. engineering company KBR said Wednesday it has been awarded a contract to provide front-end engineering design (FEED) for the expansion of Nigeria LNG, Kallanish Energy reports. No contract value was revealed. Under the terms of the contract, KBR and its partners will provide the basic design package and EPC bid for the expansion of Nigeria LNG (NLNG). The project for the construction of Train 7 is currently under consideration by joint venture partners Shell, Nigeria’s NNPC, Total and Eni. The liquefaction plant at Bonny Island has six processing units with total capacity of 22 million tonnes per annum (MTPA) of liquefied natural gas (LNG) and up to 5 MTPA of natural gas liquids (NGL). KBR’s contract is another indicator the expansion project should be sanctioned soon, echoing Shell CEO Ben van Beurden's forecast last week. “Hopefully, late this year or next year, we will sanction the expansion,” he said on the company’s earnings conference call.
Dutch minister proposes faster Groningen output cuts
The Netherland’s Groningen gas field, once the largest onshore gas field in Europe, will produce less than 12 billion cubic meters per year (Bcm/y) by October 2020, ...
Working-rig count in Lower 48 drops for 3rd straight week
The number of rigs working onshore in the Lower 48 U.S. states during the week ended June 29, fell for the third consecutive week, data from oilfield ...
Mariner East 2 Pipeline construction halted again
Construction on the Mariner East 2 liquids pipelines in Pennsylvania has been halted again, Kallanish Energy reports. The Mariner East 1 liquids pipeline that has been in operation was also ...