Gulfport Energy, a major player in Ohio’s Utica Shale, is expected to file for a Chapter 11 reorganization in the coming days, Kallanish Energy has learned. The company, its revolver lenders and unsecured bondholders are expected to seek approval for a restructuring support agreement that includes debtor-in-possession financing. The Oklahoma-based company is dealing with about … Read more
Europe’s electric vehicles (EVs) market share is set to treble this year to 10%, despite the Covid-19 pandemic, Kallanish Energy reports. According to a new analysis by Transport & Environment (T&E), that’s because of the EU 2020/21 car CO2 emission standards. The legislation forces carmakers to meet targets to reduce the average emissions of the … Read more
The U.S. Army’s Fort Bragg will soon become home to the largest floating solar plant in the southeastern United States, Kallanish Energy reports. The military complex in North Carolina will be getting a 1.1-megawatt system under a contract awarded to Duke Energy. It was awarded a Utility Energy Service Contract for the project. The $36 … Read more
Opponents of the stalled Mountain Valley Pipeline have submitted 43,000 signatures urging the Federal Energy Regulatory Commission not to grant more time to complete the $5.7 billion pipeline, Kallanish Energy reports. The petitions were submitted to the federal agency on Monday. The signatures and comments were collected by the Sierra Club, Appalachian Voices, Chesapeake Climate … Read more
A Texas-based construction company has filed a lawsuit against Mountain Valley Pipeline to get $103.8 million that it says it is owed, asking that the pipeline be sold to satisfy its claim, Kallanish Energy reports. The suit was filed by U.S. Trinity Energy Services LLC in Allegheny County Common Pleas Court in Pittsburgh, Pennsylvania. That … Read more
The Trump administration has published a new rule that authorizes the bulk movement of liquefied natural gas (LNG) by rail, and that has resulted in two environmental groups announcing that they intend to sue because the rule creates a serious danger., Kallanish Energy reports The Center for Biological Diversity and Earthjustice pledged to fight the … Read more
An adjudicatory hearing officer has recommended that Delaware River dock to serve a liquefied natural gas export terminal in New Jersey should remain as approved, Kallanish Energy reports. The report was filed last week by hearing officer John D. Kelly on the project by developer Delaware River Partners, a subsidiary of New Fortress Energy LLC. … Read more
Hydrogen has a key role to play in the future energy systems, but “it’s no silver bullet,” European pro-hydrogen speakers said in an industry webinar on Thursday. According to Christoph Jugel, head of energy systems at the German Energy Agency, green hydrogen – the fuel produced from renewables power and water – “isn’t the silver … Read more
The Appalachian Basin is projected to grow economically because of its energy resources, next-generation manufacturing, and petrochemical development and expansion, according to a new report released on Tuesday by the U.S. Department of Energy (DOE). In fact, the region “is on the cusp of an energy and petrochemical renaissance,” the DOE said. The report, looking … Read more
A Minnesota regulator has reaffirmed its support for Enbridge’s Line 3 Pipeline replacement project, Kallanish Energy reports By a 4-1 vote, the Minnesota Public Utilities Commission has voted to deny petitions for reconsideration filed last May by several Ojibwe bands, environmental groups and the state Department of Commerce. Instead, the commission upheld the project’s certificate … Read more
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