Carbon County Rises to Defend Its Rights from the DRBC

Ohio River Corridor

Carbon County Rises to Defend Its Rights from the DRBC

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: Carbon County, Pennsylvania, apparently knows a rat when it sees one and is going to defend itself from a takeover of the ship.] Carbon County, PA is the latest county to join in and support Pennsylvania’s Republican State Senators suing the Delaware River Basin Commission (DRBC) over

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Net Zero Is Just Trash Talk to An India Seeking to Lift Up Its Citizenry

Duggan FlanakinDirector of Policy Research, Committee For A Constructive Tomorrow … … [Editor’s Note: The government of India refuses to kowtow to Western elitists trying to impose net zero carbon policies on a nation needing development.] India is just one of an increasing number of “developing” nation which have recognized that the mad rush toward

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Permian Shale Producer Diamondback Energy Raises Production Outlook

DiamondBack Energy Inc. on April 12 raised its full-year production outlook as the shale oil and gas producer accounted for its acquisition of rival QEP Resources and benefited from a recovery in crude prices. Commodity prices are picking up as the global roll-out of vaccines against COVID-19 gains momentum, after a year where the health

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Oil and Gas Investor Post Bankruptcy Strategies: The Great Wipeout

[Editor’s note: A version of this story appears in the April 2021 issue of Oil and Gas Investor magazine.] The mileage had already worn smooth companies such as Oasis Petroleum Inc., Whiting Petroleum Corp. and Chesapeake Energy Corp. before 2020 and what was to come: an E&P demolition derby. The companies were plagued to varying degrees by

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Work begins to plug 12 more abandoned oil and gas wells in Pa.

Work is beginning to plug 12 more abandoned oil and gas wells in the Cornplanter State Forest in Forest County, Pennsylvania, according to the state departments of Conservation and Natural Resources and Environmental Protection. Plugging the Harmony Township wells, some of which are believed to date back to the 1920s, marks the first phase of

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Alpha enters Irish market with Boxmore acquisition

Plastics packaging firm Alpha Packaging Inc. of St. Louis has acquired Boxmore Plastics Ltd., a similar firm based in Ballyconnell, Ireland. Terms of the deal weren’t disclosed. Boxmore was founded in 1961 and makes packaging based on high density polyethylene for beverage, industrial, concentrates, healthcare and food markets in Ireland. The firm operates a 120,000-square-foot

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German auto supplier STS Group to invest $39M in first US site

Germany-based automotive interior and exterior part supplier STS Group AG is investing $39 million to establish its first U.S. manufacturing facility near Wytheville, Va. The plant will bring 120 new jobs to the area. Construction on the new facility, which will operate as STS Group North America, will begin in the third quarter of this

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Mexico’s Planned Oil Changes Could Hurt Competition, Antitrust Body Says

Some terms of a Mexican proposal sent in March to Congress to change hydrocarbons legislation would affect competition in the industry and raise prices for consumers, Mexico’s federal economic competition commission said on April 12. In a statement, the anti-trust watchdog, known as COFECE, also said that if the initiative is approved, it would generate

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BP’s Argos Platform for US GoM Mad Dog 2 Arrives in Texas Waters

Argos, the new floating production unit for the BP-operated $9 billion Mad Dog 2 project in the U.S. Gulf of Mexico (GoM), has arrived in Texas waters. The 16,000-mile voyage from the Samsung Heavy Industries shipyard in South Korea to the Kiewit Offshore Services fabrication yard in Ingleside, Texas, took more than 60 days, BP said

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TC Energy Eyes Renewable Energy Opportunities for US Pipeline Business

TC Energy Corp. is exploring opportunities to invest in renewable energy as the Canadian-based pipeline operator aims to expand its power business and lower emissions, the company said in an April 12 release. “We are exploring opportunities to electrify and use renewable energy to power certain TC Energy proprietary energy loads,” Corey Hessen, TC Energy

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US Shale Oil Output to Rise 13,000 Barrels per Day in May

U.S. oil output from seven major shale formations is expected to rise for a third straight month, climbing by about 13,000 bbl/d in May to 7.61 million bbl/d, the U.S. Energy Information Administration (EIA) said on April 12. The biggest increase is set to come from the Permian Basin, the top-producing basin in the country,

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Latin America faces tough recovery from COVID-19, KM executive says

Mexico City — The COVID-19 pandemic has had a disastrous impact on national economies across Latin America, KraussMaffei Group’s top executive in the region said April 12. “A lot of people are saying Latin America has lost 10 years of development due to the pandemic,” Klaus Jell, the German injection molding machine maker’s vice president

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Wind Overtakes Gas-fired Power Generation for First Time in Texas

Wind generated the most electricity in the Texas power grid in March, according to federal energy data, with analysts at S&P Global Platts saying this was the first time wind topped gas-fired generation. Wind generated 39% of the power in March in the Electric Reliability Council of Texas (ERCOT), the state’s grid operator, according to

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