Ron Nissimov started writing for NGI in June 2020, after covering the North American LNG market for 15 years and closely witnessing its incredible transformation from importing to exporting. He worked for seven years at Argus Media and prior to that for eight years at Platts LNG Daily. Before writing about LNG, Ron was a newspaper reporter for 12 years, including nine years at the Houston Chronicle, where he covered city hall, higher education, civil courts and general assignments. He earned a master’s degree in journalism from the University of California, Berkeley, and a bachelor’s degree in studio art, specializing in photography, from Stanford University.
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Articles from Ron Nissimov
Alberta-Focused Obsidian Plans to Increase 2020 Spending Amid Higher Commodity Prices
Calgary-based exploration and production (E&P) company Obsidian Energy Ltd. said Monday it would try to capitalize on higher commodity prices by spending an additional C$3.2 million ($2.5 million) in 2020 to begin drilling the first pad in its Central Alberta Willesden Green asset. Obsidian’s 2020 capital spending is set to increase to C$56 million ($43…
December 1, 2020
Gulfport Accuses Midship Pipeline of Illegally Seizing $75.6M
Bankrupt Gulfport Energy Corp. has accused Cheniere Energy Inc.’s Midship Pipeline subsidiary of illegally seizing $75.6 million to hold it “hostage” during contract renegotiations in anticipation of the Chapter 11 filing, according to court filings. “To obtain leverage in ongoing contract negotiations and secure an advantageous cash position prior to Gulfport’s bankruptcy, Midship made false…
November 25, 2020
U.S. Oil, NatGas Sector Increasingly Concerned about Cybersecurity Attacks from Foreign Nations
As the United States has become the world’s largest producer of oil and natural gas, cybersecurity concerns in the sector have shifted from primarily protecting intellectual property to guarding against potential attacks from rival nations, an expert told NGI. “Intellectual property theft is still a concern; it could be from a criminal element or a…
November 19, 2020
Former Alaska Governor’s New Company Aiming to Move North Slope LNG to Market
Former Alaska Gov. Bill Walker is spearheading a new company to build a “large volume” pipeline to export North Slope natural gas, according to state documents. According to news media reports, Alaska Gasline & LNG LLC is working to buy the state’s proposed liquefied natural gas (LNG) project. The state-owned Alaska Gasline Development Corp. (AGDC)…
November 13, 2020
U.S. LNG Projects Said to Face Significant Hurdles to Sell Supply
The global liquefied natural gas (LNG) supply glut, exposure to European pipeline gas price risk and Asian gas price controls make it difficult for U.S. export project developers to sign long-term deals indexed to Henry Hub prices, according to an industry executive. Potential customers are “looking at a current price scenario of $4.00-5.00/MMBtu and we’re…
November 12, 2020
U.S. LNG Shipping Needs Almost Twice Global Average, Says GasLog
Almost twice as many ships were needed to deliver U.S. liquefied natural gas (LNG) on an equivalent unit basis in the third quarter compared to the global average, the head of shipper GasLog Ltd. said Tuesday. “U.S. exports are the most shipping intensive as the distance to most major discharge destinations is above the global…
November 11, 2020
Tellurian Completes First-Ever LNG Cargo Trade in 3Q
Liquefied natural gas (LNG) project developer Tellurian Inc. in the third quarter bought and sold its first LNG cargo under a master agreement reached last year, according to a report the company filed with the U.S. Securities and Exchange Commission (SEC). Tellurian’s marketing arm bought the cargo in July and subsequently sold it to an…
November 10, 2020
U.S. OFS Sector Records Two Consecutive Months of Job Gains, but Future Still Uncertain
Employment in the U.S. oilfield services (OFS) and equipment sector rose in October for the second consecutive month, after sustaining massive losses of more than 90,000 jobs earlier this year because of Covid-19, the Petroleum Equipment & Services Association (PESA) said Monday. Despite the recent uptick in jobs, the Houston-based trade association cautioned that the…
November 9, 2020
NextDecade, Bechtel Extend Rio Grande LNG Contract to End of 2021
Engineering firm Bechtel Corp. last month agreed to give NextDecade Corp. more time to fund its proposed Rio Grande liquefied natural gas (LNG) export project in Texas, amid a major setback that the project recently sustained. Houston-based NextDecade now has until December 21, 2021, to make positive final investment decisions (FIDs) to build up to…
November 9, 2020
Comstock Ramps Haynesville Activity in Anticipation of Higher Natural Gas Prices
Haynesville Shale giant Comstock Resources Inc. “went back to work” in the third quarter to try to cash in on expected higher natural gas prices by accelerating seven well completions and by adding two horizontal drilling rigs, CEO Jay Allison said Thursday. “We have advantaged access to the demand market of the Gulf Coast,” Allison…
November 9, 2020