Company News
U.S. LNG exports quadrupled in 2017
U.S. liquefied natural gas (LNG) exports quadrupled in 2017, with shipments to 25 different countries, says the U.S. Energy Information Administration. The volume of shipments increased from ...
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 ...
Gazprom to lend $2.5B for TurkStream construction
Russian state g You have reached your allocation of free articles. Sign-up for a free ‘no-strings attached’ 2 week trial of our daily Kallanish Energy news service, ...
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 ...
UK LNG importer seeks to widen supply sources
The UK’s busiest liquefied natural gas (LNG) import terminal, South Hook LNG, has been granted a technical modification to its network entry agreement (NEA) and will be able to expand ...
PetroChina, Rosneft leave Venezuela refining projects
Chinese and Russian state oil companies PetroChina and Rosneft will not pay the costs of repairing and modernizing Venezuela’s Cardón and Amuay refineries for PDVSA, according to ...
Appalachian Basin remains active for shale producers
The Appalachian Basin remains a very busy place. Nearly 2,300 drilling permits were issued in 2017 in the three-state basin, with 1,036 of those wells being spud, said energy consultant ...
Russia’s Rosneft to invest $735M in Germany
Russian oil and gas company Rosneft said Tuesday it will invest at least €600 ($526) million in the next five years in Germany, with a view to ...
Advantage, U.S. chemical industry, due to shale gas: ACC
Strong global growth prospects, rising exports, increased manufacturing, balanced inventories, healthy demand, and sufficient, inexpensive shale gas combined suggest positive growth this year for the U.S. chemical ...
First floating U.S. wind farm may be built off California
EDP Renewables and four other companies have partnered with a Northern California power provider to develop the first U.S. offshore wind farm to feature advanced floating turbines, the group said, ...