Attorney General Maura Healey wants Massachusetts to formally assess the future of natural gas in the state, Kallanish Energy reports. “In order to combat the climate crisis and meet our clean energy goals, we must transition away from fossil fuels and change the way gas utilities do business in our state,” Healey said in a … Read more
Texas-based Gavilan Resources last month filed for Chapter 11 protection, saying it intends to sell its business and assets. It cited the coronavirus pandemic and the oil price rout along with an ongoing dispute with a joint venture partner in the Eagle Ford Shale in South Texas, Kallanish Energy reports. It is among 19 new … Read more
Bulgaria hopes to complete the Balkan Stream gas pipeline by year-end as planned, despite the delay caused by the coronavirus pandemic, Kallanish Energy reports. The 474-km pipeline is an extension to the TurkStream gas pipeline, from Russia to Turkey. With a planned capacity of 20 billion cubic meters per year, the section will deliver gas … Read more
The Trump administration provided a major boost to developers of renewable energy, in the wake of the coronavirus pandemic, Kallanish Energy reports. The U.S. Treasury Department and the Internal Revenue Service last week issued a Notice 2020-41 to provide tax relief to affected taxpayers involved in solar and wind projects by extending the safe harbor … Read more
A proposed liquefied natural gas facility in Louisiana that had been dormant is alive again, Kallanish Energy reports. Pointe LNG has hired Whitehall & Co. to raise investment capital and secure offtake for a liquefaction/export facility in Plaquemines Parish, Louisiana, to process 6 million tons per year of LNG. It said $4 billion in capital … Read more
The Federal Energy Regulatory Commission has given Kinder Morgan approval to introduce feed gas into Unit No. 8 at Elba Island LNG in Georgia, Kallanish Energy reports. It is one of 10 modular units at the LNG facility outside Savannah, Georgia. Six of the units are in service with two additional units starting commissioning activities. … Read more
Swedish special steelmaker Ovako has successfully tested the use of hydrogen to heat steel, opening up further possibilities to reduce the carbon footprint of the steelmaking industry, Kallanish Energy reports. The test was done within a full-scale trial launched by the company together with its partner Linde Gas. The partners used hydrogen instead of liquefied petroleum … Read more
The Petroleum Services Association of Canada (PSAC) is predicting that well drilling in 2020 will be at its lowest level in decades, Kallanish Energy reports. In a second update, the Alberta-based national trade group said has revised the number of wells expected to be drilled this year to 3,100. That is a reduction of 31% … Read more
Texas and Oklahoma are both looking at cutting production of crude oil and natural gas because of low prices tied to the coronavirus pandemic and the oil price rout. On Tuesday, the Texas Railroad Commission held a 10-hour video hearing with 55 witnesses including energy companies and trade groups on a possible … Read more
A federal review of the under-construction Mountain Valley Pipeline (MVP) and its impacts on endangered or threatened wildlife has been delayed again, Kallanish Energy reports. The Federal Energy Regulatory Commission, the U.S. Fish & Wildlife Service and Mountain Valley Pipeline last week agreed to take another 32 days to April 27 to complete the biological … Read more
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