A drilling rig in the Appalachians. Record US production has not stopped mass layoffs. (Statoil) Global Markets

US production sky high while prices hit bottom

It was a year of extremes in North America, with record-breaking gas output and rock-bottom prices coupled with massive job losses.

US President Barack Obama in Malaysia last week. He used the visit to urge action on climate change. (PA) Policy & Regulation

Obama holds firm on Clean Power Plan

US President Barack Obama faces stern opposition to his plan to reduce carbon emissions from the power sector, jeopardising the country’s UN climate pledge.

Companies & Finance

Chevron to cut up to 7,000 jobs

United States major Chevron has announced a second round of job cuts, with up to 7,000 redundancies planned.

4 November 2015
Exploration & Production

Conoco to end Gulf of Mexico deepwater exploration

ConocoPhillips plans to end its deepwater explorations in the Gulf of Mexico by 2017, the United States major announced last week.

4 November 2015
Policy & Regulation

Another 23 states file suits against US EPA

The United States Environmental Protection Agency is being sued by 23 states over its new and modified power plant emission regulations.

4 November 2015
Global Markets

US gas prices hit multi-year low

Gas prices in the United States hit multi-year lows this week, with the NYMEX November gas futures contract closing at $2.03/MMBtu.

3 November 2015
LNG

Sabine Pass first cargo expected in January 2016

The Energy Atlantic LNG tanker is due at the Sabine Pass LNG plant on 12 January 2016, according to AIS data, which suggests the plant will load its first cargo around then.

3 November 2015
Pipelines, Storage & Power

Gas-to-power beats coal in US for second time this year

Gas-fired power generation in the United States exceeded coal generation for the second time on record in July, according to the Energy Information Administration.

29 October 2015
LNG

Cheniere to ship Sabine Pass cargoes to France

US LNG exporter Cheniere Marketing, a subsidiary of Cheniere Energy, has agreed a five-year sales and purchase agreement with Engie to deliver LNG to the Montoir de Bretagne terminal in France.

29 October 2015
LNG

TransCanada pulls out of Alaska LNG

Alberta-based TransCanada has said the energy company has agreed to leave the $55-60 billion Alaska LNG project in a "mutual dissolution" with the state government.

29 October 2015
LNG

TransCanada gets Pacific NorthWest pipeline permit

TransCanada has received a provincial permit to construct and operate a 900 km pipeline to deliver gas to the planned Pacific NorthWest LNG export plant near Prince Rupert in the Canadian province of British Columbia.

28 October 2015
Exploration & Production

Baker Hughes rig count remains stable

Oil services provider Baker Hughes reported no change in US oil and gas rig count for the week ending 23 October.

27 October 2015
Companies & Finance

Duke Energy signals switch to gas with Piedmont deal

North Carolina-based Duke Energy, the largest electricity provider in the United States, is moving to gas with its $4.9 billion acquisition of Piedmont Natural Gas.

27 October 2015
Policy & Regulation

Woodfibre LNG gets BC government approval

Woodfibre LNG has received environmental approval from the government of the Canadian province of British Columbia.

27 October 2015
Pipelines, Storage & Power

Kinder Morgan pushes on with pipeline plan

United States-based pipeline company Kinder Morgan Energy Partners plans to move ahead with its proposed $5 billion pipeline to deliver gas to several New England states.

26 October 2015
Policy & Regulation

US National Park Service to update gas regulations

The United States’ National Park Service plans to update the non-federal oil and gas regulations for its national parks.

26 October 2015
LNG

Cheniere Energy expects first Sabine Pass cargo in January

Cheniere Energy expects to export the first LNG cargo from the first train of its Sabine Pass plant in Louisiana in January, Chief Executive Charif Souki said at Singapore International Energy Week.

26 October 2015
LNG

GE Oil & Gas agrees maintenance contract for Corpus Christi LNG

GE Oil & Gas has agreed a $610 million 20-year maintenance contract with Cheniere Energy for its Corpus Christi LNG plant.

23 October 2015
LNG

Mexico may replace LNG with US piped gas

Gas exports from the United States may replace Mexico’s demand for imported LNG, the Energy Information Administration said in its Natural Gas Weekly Update.

23 October 2015
Policy & Regulation

Chesapeake Energy fined for under-reporting production

United States-based shale gas producer Chesapeake Energy was fined $2.12 million by the Department of the Interior (DOI) for under-reporting gas production volumes on Indian land leases.

22 October 2015
Supply & Demand

US DOE approves Emera for non-FTA exports

The US Department of Energy has approved an application by Canadian-based Emera to export CNG from Palm Beach, Florida to countries without a free-trade agreement with the US.

21 October 2015
LNG

Squamish Nation Council approves Woodfibre LNG

Canada’s Squamish Nation Council has given environmental approval for the $1.7 billion Woodfibre LNG export project.

19 October 2015

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