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Month: December 2020

Category:
  • LNG
  • Natural Gas Exports

An Under-The-Radar Opportunity In LNG

Natural gas production and liquefied natural gas (LNG) exports, including in the United States, could get a boost from a relatively new and not-so-self-evident revenue stream—the global shipping industry. Driven Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Shale Patch Reduced Breakeven Costs By 20% This Year

Pressured by plunging oil prices and the need to adjust to the lower oil demand, U.S. oil producers have slashed costs and managed to bring down their average breakeven costs Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Bankruptcy Hit U.S. Oil Producers To Lose Quarter Of Production In 2021

As Chapter 11 filings by US E&Ps continue to pile up, onshore oil production from companies that filed for bankruptcy in the last two years is set to decrease by Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Shipping

First VLGC powered by LPG headed from US toward Panama Canal: Platts cFlow

The first VLGC powered by liquefied petroleum gas was headed toward the Panama Canal Dec. 17 after loading at Enterprise Products Partners’ hydrocarbon terminal on the Houston Ship Channel, Platts Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Hydrogen

SoCalGas to test technology that separates hydrogen from natural gas when the two are blended in pipelines

With clean hydrogen gaining recognition worldwide as a carbon-free fuel capable of making a significant contribution to addressing climate change, Southern California Gas Co. (SoCalGas) will field test a new Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Shale Oil

North America posts 45 upstream bankruptcies in 2020: report

A total 45 bankruptcies in the North American E&P patch were filed in 2020, the second-highest number since oil prices abruptly plummeted to the $50/b level six years ago, Haynes Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • USA

Biden pick for US Interior post seen potentially curbing fossil fuel development

 President-elect Joe Biden will tap US Representative Deb Haaland, Democrat-New Mexico, to head the US Department of the Interior, in a move that could potentially curb fossil fuel development on Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Hydrogen

NACFE releases guidance report on hydrogen fuel cell heavy-duty trucks

The North American Council for Freight Efficiency (NACFE) released its latest Guidance Report , Making Sense of Heavy-Duty Hydrogen Fuel Cell Tractors . Almost every day there is a new Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • Sweden

Coronavirus: Swedish King Carl XVI Gustaf says coronavirus approach ‘has failed’

Sweden’s King Carl XVI Gustaf says 2020 was a terrible year Sweden’s king has said his country “failed” to save lives with its relatively relaxed approach to the coronavirus pandemic. Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple
Category:
  • Russia

Putin: Russia Reduces Its Dependence On Oil

Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT. “This means that, while we’re not completely Continue Reading

Posted On : 18 Dec 2020 Published By : Tom Whipple

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