Shale

Houston’s shipping bottleneck could curb expansion of major US oil and petchems hub

An impasse has emerged between key operators on the Houston Ship Channel, a critical lifeline for growing US energy exports, as thriving activity in both tanker and container shipping has exacerbated competition for space. Before August 2018, fog shutdowns were the main hindrance to ship traffic i ...

CPPIB Hitting Another Level?

Valerie Jones of Rigzone reports, Williams, CPPIB to Form $3.8B Shale Gas JV:Williams and Canada Pension Plan Investment Board (CPPIB) have entered into an agreement to create a $3.8 billion joint venture which will expand CPPIB’s exposure in the North American natural gas market.CPPIB will inves ...

Tariffs frustrate US-China trade in plastic resins and finished products

Trade in polyethylene resin and finished products slowed in the fourth quarter of 2018, becoming a casualty of the US-China trade war. Last year, the Trump Administration launched a full-scale trade war with China, imposing three rounds of tariffs worth a cumulative $250 billion on Chinese product ...

IMO 2020 may not solve crude oil quality riddle: Fuel for Thought

The global chasm in crude oil quality supply shows no signs of narrowing, prompting refiners to lighten their slate and leading to a market awash with gasoline , naphtha and LPG. New restrictions next year on the amount of sulfur in global marine fuels may mean refiners buy even more US shale oil , ...

CERAWeek: Shale, Equity Markets, Gas Inventories

CERAWeek: Shale, Equity Markets, Gas Inventories jmorales@harte… Thu, 03/14/2019 - 19:59 Raoul LeBlanc, vice president North American unconventionals, IHS Markit Fri, 03/15/2019 - 04:30 Jessica Morales Hart Energy Unconventional Natu ...

CERAWeek: Perry, Souki Talk Trade, Infrastructure On Natural Gas Day

CERAWeek: Perry, Souki Talk Trade, Infrastructure On Natural Gas Day jmorales@harte… Wed, 03/13/2019 - 20:24 U.S. Energy Secretary Rick Perry Thu, 03/14/2019 - 04:30 Jessica Morales Hart Energy Natural Gas Shale Plays Pipelines ...

Journey Energy Inc. Reports its 2018 Financial Results

CALGARY, March 11, 2019 /CNW/ – Journey Energy Inc. (JOY – TSX) (“Journey” or the “Company“) is pleased to announce its 2018 financial results.  The complete set of financial statements and management discussion and analysis for the year ended December 31, 2018 are posted on www.sed ...

Exxon Mobil’s Profit Tops Estimates As Production Rebounds

Exxon Mobil Corp. (NYSE: XOM) on Feb. 1 reported a quarterly profit that topped analysts' estimates, pushing it shares up nearly 3% in premarket trading as its oil and natural gas output rose slightly on a year-over-year basis. The company’s fourth-quarter net income fell to $6 billion, or $1.41 a ...

US Natural Gas Demand To Hit Record High During Freeze

U.S. homes and businesses will likely use record amounts of natural gas for heating on Jan. 30 as an Arctic-like freeze blankets the eastern half of the country, according to energy analysts. Harsh winds brought record-low temperatures across much of the Midwest, unnerving even residents accustomed ...

The Pure-Play Risk For Shale Industry

[Editor's note: A version of this story appears in the January 2019 edition of Oil and Gas Investor. Subscribe to the magazine here.] A continuing trend toward greater specialization in the oil and gas industry is enabling companies, particularly in North American shale plays, to achieve greater e ...