Company News

Ovako successfully tests hydrogen for heating steel

Swedish special steelmaker Ovako has successfully tested the use of hydrogen to heat steel, opening up further possibilities to reduce the carbon footprint of the steelmaking industry, Kallanish Energy reports. The ...

Well drilling in Canada expected to drop by 31% in 2020: PSAC

The Petroleum Services Association of Canada (PSAC) is predicting that well drilling in 2020 will be at its lowest level in decades, Kallanish Energy reports. In a second update, the ...

North Dakota sets May 20 hearing on O&G production cuts

A third state is looking into requiring oil and natural gas production cuts: North Dakota. It would join Texas and Oklahoma that are both considering similar proposals. North Dakota, the ...

Chesapeake Energy adopts poison pill to block a takeover

Chesapeake Energy has adopted a poison pill shareholder rights plan to protect the company from any takeover attempts due to its low stock prices, Kallanish Energy reports. Last Thursday, the ...

Texas, Oklahoma mulling state cuts to oil, gas production

      Texas and Oklahoma are both looking at cutting production of crude oil and natural gas because of low prices tied to the coronavirus pandemic and the oil ...

BP to delay Greater Tortue Ahmeyin LNG project by one year

British oil major BP seeks to delay first gas on its operated Greater Tortue Ahmeyin project by one year due to the coronavirus pandemic, Kallanish Energy reports. Liquefied natural gas ...

Federal biological review delayed for MVP

A federal review of the under-construction Mountain Valley Pipeline (MVP) and its impacts on endangered or threatened wildlife has been delayed again, Kallanish Energy reports. The Federal Energy Regulatory Commission, ...

Vestas to develop Vietnam intertidal wind project

      Wind developer Vestas has secured its fourth intertidal project contract in Vietnam with a 29-megawatt order, Kallanish Energy reports. The Ben Tre VI-3 wind project will be ...

Tesla to produce ventilators at NY solar plant

Tesla has announced that it intends to retool a solar panel factory in western New York state to manufacture medical ventilators due to the coronavirus pandemic, Kallanish Energy reports. That ...

Wintershall Dea’s production up 9%, costs down 20%

German independent gas and oil producer Wintershall Dea reported this week a 9% increase on its output in 2019 and a 20% reduction on its production costs, Kallanish Energy reports. ...

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