Exxon Mobil Selling Malaysia Oil, Gas Assets to Petronas – Sources

Ohio River Corridor

Warning re Ads on MDN

Dear MDN readers: Somehow hackers have found a way to repeatedly insert ads on the MDN site. We are working hard to get the “hole” fixed to prevent this. However, over the next few weeks you may see such ads from time to time. We’re playing “whack-a-mole” to remove the ads after they appear. Please…

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BP Energy Outlook Review: As Demands Rises, Oil and Natural Gas Remain Critical

Continued investment in oil and natural gas is critical while carbon capture and removal technologies will play a key role in meeting decarbonization targets, according to oil and natural gas supermajor bp in its 2024 Energy Outlook.   BP’s energy outlook assesses two scenarios: current trajectory and net zero. The current trajectory scenario is meant

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NYMEX NatGas Price Crashes Again – Closes at $2.04/MMBtu

It pains us to write these kinds of posts, but we can’t ignore the bad news that the futures price for natural gas (NYMEX Henry Hub, front-month) is once again crashing. It closed down just above $2.00 yesterday. Will the price actually sink below $2 once again? It’s possible. The question is, why? What is…

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Leftwing Radicals Ask PA Gov. Shapiro to Veto Carbon Capture Bill

If at first you don’t succeed, try, try again. That appears to be the philosophy of a group of radicalized “environmental” groups attempting to pressure Pennsylvania Gov. Josh Shapiro to veto a new bill sitting on his desk, Senate Bill (SB) 831, the Carbon Capture & Sequestration (CCS) Act. Last week, a strong bipartisan majority…

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Range Resources Publishes 2023/24 Corporate Sustainability Report

Yesterday, Range Resources, the very first driller to sink a Marcellus shale well back in 2004, released its 2023-2024 Corporate Sustainability Report (CSR). Some companies call these CSR or sustainability reports, while others still use the now hugely unpopular ESG (Environmental, Social, and Governance) label. We’re glad to see Marcellus/Utica drillers moving away from using…

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Kinder Says Co. in Discussions to Provide Extra 5 Bcf/d of NatGas

Kinder Morgan (KM), owner and operator of the mighty Tennessee Gas Pipeline along with many other pipeline systems, issued its second quarter update yesterday. It was clear from the materials and the comments made during the conference call that KM is high on natural gas. The company believes natgas has a rosy future, and KM…

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