Natural Gas
Energy Transfer boosts Q2 net income by $523M
Energy Transfer LP has reported second quarter 2019 net income of $878 million, or 33 cents per share, Kallanish Energy reports, up $523 million, or 147.3%, compared to Q2 2018. The ...
Catch The Buzz
Welcome to this week’s edition of The Buzz, a weekly feature where Kallanish Energy editors select the quartet of stories this past week we feel were the most important – and have the ...
Eni Makes Groundbreaking Gas Discovery Onshore Nigeria: Hits 1 Trillion Cubic Feet Milestone
Eni, one of the leading multinational oil and gas companies, has made a groundbreaking gas discovery onshore Nigeria, marking a significant milestone in the country’s energy sector. The discovery, which ...
TC Energy reports 3Q earnings of $739M
Alberta-based TC Energy last week reported third-quarter 2019 net earnings of $739 million, or 79 cents per share, Kallanish Energy reports, which compares to net income of $928 million, or ...
Montage Resources reduces drilling, cuts 2019 Capex
Montage Resources is the latest E&P company reducing full-year 2019 capital spending (Capex), Kallanish Energy reports. The company said it has reduced second half 2019 activity levels ...
ConEd capping investment in Mountain Valley line
New York-based utility giant Consolidated Edison (ConEd) is capping its investment in the troubled Mountain Valley natural gas pipeline. ConEd revealed in a U.S. Securities and Exchange ...
Russia’s Gazprom leads global production growth: Rystad
Russian producer Gazprom was the global leader in oil/gas production growth over the past five years, according to a note released Thursday by independent research company Rystad ...
JobsOhio commits $30M to potential petchem plant
Ohio’s economic development arm has awarded its largest grant ever for site work for a massive, multibillion-dollar petrochemical plant being considered for eastern Ohio, Kallanish Energy reports. ...
Going the Arctic route: Russia’s plans to develop LNG
Gas-rich Russia is working to boost its liquefied natural gas production to capture 20% of the global market by 2035. According to the report Russia’s New LNG Strategy: Breaking the Ice, released ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...