Canada’s Train Strike Goes Off—Then Back On—the Rails
After the Canadian government stepped in to end the work stoppage, the Teamsters Union indicated that the strike would go forward. This post appeared first on Hart Energy.
Read More...Energy Transition in Motion (Week of Aug. 23, 2024)
Here is a look at some of this week’s renewable energy news, including a promising outlook for global offshore wind capacity. This post appeared first on Hart Energy.
Read More...Dividends Declared in the Week of Aug. 19
As second-quarter earnings wrap up, here is a selection of dividends declared in the energy industry. This post appeared first on Hart Energy.
Read More...Enbridge Cuts Toll to Transport Crude from Canada to Gulf
The change comes three months after Canada tripled capacity to 890,000 bbl/d on the Trans Mountain Pipeline. This post appeared first on Hart Energy.
Read More...Gran Tierra to Acquire i3 Energy for $225 Million
Canada’s Gran Tierra Energy will acquire U.K. and Canadian producer i3 Energy in a deal valued at $225.4 million. This post appeared first on Hart Energy.
Read More...16 New Shale Well Permits Issued for PA-OH-WV Aug 12 – 18
This week’s permit report is a bit different. Technically, for the week of August 12 – 18, a total of seven new permits were issued across the Marcellus/Utica. However, last week’s permit report omitted West Virginia numbers because the state’s online data service was out of order (see 26 New Shale Well Permits Issued for…
Read More...Eureka Temporarily Idles Bradford County Shale Wastewater Plant
Eureka Resources, which operates three frack wastewater treatment facilities in the Marcellus Shale, has idled one of its three plants, the Standing Stone plant in Bradford County, PA. According to an inspection report by the Department of Environmental Protection conducted on August 19, Bob Cooney, Vice President of Operations at Eureka Resources, told the DEP…
Read More...OH’s Precision Pipeline Buys PA Pipe Fixer Allegheny Contracting
We spotted a press release about pipeline repair company operating in the Marcellus/Utica, located in Ohio, Precision Pipeline Services, buying out a pipeline repair company based in Pennsylvania, Allegheny Contracting. We checked, and we’ve never written about either company. We always get a thrill when uncovering new companies involved in the M-U we didn’t know…
Read More...Manchin Permitting Bill Takes One Small Step, Remains Stalled
U.S. Senator Joe Manchin from West Virginia (aka Traitor Joe) spoke to the Pittsburgh Business Times Wednesday afternoon about a bill he and Republican Sen. John Barrasso (from Wyoming) recently introduced, the Energy Permitting Reform Act of 2024 (see Barrasso, Manchin Release Bipartisan Energy Permitting Reform Bill). Manchin told PBT reporter Paul Gough he thinks…
Read More...Enbridge CEO Says AI Power Use “Colossal,” U.S. LNG Doubles by 2030
Enbridge CEO Greg Ebel When we say “major pipeline company with major assets in the Marcellus/Utica,” which companies do you immediately think of? Williams? Kinder Morgan? Energy Transfer? TC Energy? All good answers. But there’s another name that should be on the list: Enbridge. Through acquisitions and its own projects, the Canada-based Enbridge has become…
Read More...Rhode Island Gives LNG Plant Another 5 Years, Won’t Make Permanent
In 2019, the Rhode Island Energy Facility Siting Board waived a licensing requirement for a “temporary” LNG storage facility in Portsmouth to prevent another gas outage episode from happening again (see With “Backs Against Wall” Rhode Island Approves LNG Facility). Board members complained they had no choice, that “we have our backs against the wall”…
Read More...Other Stories of Interest: Fri, Aug 23, 2024
MARCELLUS/UTICA REGION: Range announces retirement of Steve Gray from the board; Antero Midstream executive sells over $343k in company stock; Rising PJM capacity prices lift returns for all assets; NATIONAL: Harris skips over climate change even as party touts green wins; Unexpectedly large storage build drives gas futures downward; INTERNATIONAL: Crew evacuated from Houthi-stricken oil…
Read More...Verdun Oil: Quietly Leading the Eagle Ford’s Refrac Rally
Verdun is among the largest private producers left in South Texas, with more than 285,000 net leasehold acres and 90,000 net boe/d across the Eagle Ford Shale trend and the Giddings Field. This post appeared first on Hart Energy.
Read More...Powder in the Hole: Devon May Fire up its PRB in Coming Years
Devon Energy is perfecting its spacing and completion recipe in Wyoming’s Powder River Basin play to possibly unleash full-field development later this decade. This post appeared first on Hart Energy.
Read More...In Ohio’s Utica Shale, Oil Wildcatters Are at Home
The state was a fast-follower in launching the U.S. and world oil industry, and millions of barrels of economic oil are still being found there today. This post appeared first on Hart Energy.
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