As Democrats continue to push debunked “price gouging” accusations at oil and gas companies, two recent hearings on Capitol Hill examined how the Biden-Harris Administration’s energy policies are the real cost drivers behind high energy and consumer costs. Representing a wide variety of vital industries within the American economy, witnesses at a House Budget Committee
Read More...South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2. This post appeared first on Hart Energy.
Read More...Pennsylvania General Energy (PGE) wants to install a tiny 3.7-mile gathering pipeline in Lycoming County, PA, to connect several PGE wells to the Transco pipeline system, along with two 8-inch water pipelines of about the same length (see Lycoming County Gathering Pipe in the Crosshairs of Anti Groups). The Pennsylvania Dept. of Environmental Protection (DEP)…
Read More...While there are a number of interstate pipelines that crisscross the Marcellus/Utica, there is one pipeline system that is key to moving molecules out of our region to other markets, particularly in the southeast and the Gulf Coast: Transcontinental Gas Pipeline LLC (Transco), owned by Williams. Transco stretches from the Gulf Coast to New York…
Read More...Air Products, headquartered in the Lehigh Valley area of Pennsylvania (Allentown area), once manufactured huge rocket-looking “production trains” or “heat exchangers,” which are pieces of equipment that turn natural gas into liquefied natural gas (LNG), in a plant in Wilkes-Barre, PA. The heat exchangers manufactured by Air Products in Wilkes-Barre were two-thirds of a football…
Read More...Aloha Class vessel Daniel K Inouye. Matson, Inc. yesterday announced the start of construction on the first of three new “Aloha Class” containerships designed for its Hawaii and China-Long Beach Express (CLX) services. After a small ceremony at Philly Shipyard in Pennsylvania, the cutting of steel plates began, initiating the work to build the ships…
Read More...The Bidenistas at the EPA attacked coal and gas-fired power plants in April, threatening to destabilize the existing electric power grid with new regulations (see EPA Rolls Out Final Regs Attacking Coal & Gas-Fired Power). Using 1,020 pages of new regulations, which will go into effect this year, all coal-fired plants that are slated to…
Read More...AI is yet another challenge for the energy sector to juggle, but if used carefully, could be transformative for the industry, experts discussed during ATCE 2024. This post appeared first on Hart Energy.
Read More...Higher U.S. temperatures are expected to pressure gas demand for gas-fired electricity, according to a report from Rystad Energy. This post appeared first on Hart Energy.
Read More...Devon Energy Corp. completed its $5 billion acquisition of Grayson Mill Energy, expanding its Williston Basin operating scale and production. This post appeared first on Hart Energy.
Read More...U.S. energy infrastructure company New Fortress Energy on Sept. 30 shipped the first export of LNG from Mexico, following the inauguration of output at its floating facility off the country’s coast, the company said. This post appeared first on Hart Energy.
Read More...Based on Stratas Advisors’ demand forecast, there is room for Saudi Arabia to increase supply gradually and not collapse oil prices — if there is no dramatic increase in non-OPEC supply and the other members of OPEC+ do not grossly exceed their quotas. This post appeared first on Hart Energy.
Read More...Three weeks ago, MDN told you about a developing story of rig realignment in the Marcellus/Utica (see Rig Bloodbath Continues – Pennsylvania Loses 7 Rigs in 3 Weeks). As we reported, Pennsylvania was losing rigs, bleeding rigs, like crazy—four rigs gone in two weeks’ time. And West Virginia was gaining those lost rigs. Two weeks…
Read More...According to Pennsylvania regulation 25 Pa. Code § 78a.122(b)(6)(iv), a drilling company must provide a list of the chemicals intentionally added to the stimulation [fracking] fluid by name and chemical abstract service (CAS) number in a Completion Report. The PA Department of Environmental Protection (DEP) says three drillers, including EQT, Range Resources, and Greylock Energy,…
Read More...For years, MDN has told you that the very first Marcellus well to be drilled and fracked was done by Range Resources Corporation in Washington County, PA. Beyond that, we didn’t know much. Thanks to an article appearing in the Washington Observer-Reporter, we now know the full story—or at least a lot more of the…
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