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Month: December 2017

Category:
  • Coal
  • Nuclear
  • USA

New U.S. energy agency head gets time to decide on coal, nuclear rule

The new chairman of the U.S. office that regulates energy projects was granted more time on Friday to decide on Energy Secretary Rick Perry’s directive to subsidize aging nuclear and Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • USA

U.S. Rig Count Rises Amid Falling OPEC Output

While OPEC continues to curb its in-house oil production among its members, US drillers are ramping up, adding rigs for the fifth week in a row. This week, Baker Hughes Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • USA

US oil rig count continues upward crawl for third straight week

The US oil rig count continued its upward crawl for a third consecutive week, rising on Friday by two to 751 amid persistently higher oil prices and a growing confidence Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Gas

Pennsylvania gas output remains focused in northeastern, southwestern corners

Pennsylvania natural gas production continues to be concentrated in counties in the northeastern and southwestern corners of the state, according to a report by the state’s Independent Fiscal Office. Four Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • Russia

After Wintershall merger, Russia says Nord Stream ready to go

There are enough contracts in place to start construction on expansions to the twin Nord Stream gas pipeline through the Baltic Sea, Russia’s Gazprom said. Gazprom plans to double the Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • LNG
  • Russia

First LNG cargo ready to leave the Russian Arctic

French supermajor Total said Friday the first cargo of liquefied natural gas is leaving an Arctic facility in Russia, one of the largest in the world. The French company holds Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • LNG
  • Russia

Russia Skirts U.S. Sanctions With $27 Billion Arctic Gas Plant

The Yamal LNG plant on the Yamal Peninsula in the Arctic circle. The project took years to find financing from China that didn’t violate U.S. sanctions on Russia over Ukraine. Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • Russia

Gazprom’s natural gas exports to Europe, Turkey move past 2016 levels to fresh record

Russia’s Gazprom is set to exceed on Friday the level of exports to Europe and Turkey that was recorded in 2016 as demand for Russian natural ss and cold weather Continue Reading

Posted On : 9 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil stable as strong Chinese demand counters rising dollar

Oil prices were stable on Friday as the weight of a strengthening U.S. dollar was countered by China’s relentless thirst for crude and the OPEC-led supply cuts that have gradually Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil prices recover on GDP gains in Europe, U.S. labor

Oil prices moved back into black territory after signs of modest growth in the European economy and fewer U.S. jobless claims. File photo by John Angelillo/UPI Dec. 7 (UPI) — Continue Reading

Posted On : 8 Dec 2017 Published By : Tom Whipple

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