Massachusetts Gov. Charlie Baker has signed legislation funding an examination of the state’s natural gas distribution system, a move prompted by recent gas pipeline explosions, Kallanish Energy reports. In September, gas explosions and resulting fires in the state’s Merrimack Valley killed one person, injured at least 24, and damaged or destroyed more than 100 homes,
Read More...Ascent Resources achieved record daily production in December 2018, producing roughly 2.4 billion cubic feet equivalent per day (Bcfe/d) gross and 1.9 Bcfe/d net, according to Kallanish Energy. Ascent and its subsidiaries also increased proved natural gas, oil and natural gas liquids reserves to roughly 7.6 trillion cubic feet equivalent (Tcfe) with a PV-10 value at Securities and
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) … The New York State DEC has obviously been instructed by Andrew Cuomo to keep the game going against the Constitution Pipeline by throwing a Hail Mary pass. The Cuomo-corrupted New York Department of Environmental Conservation (DEC) is spitting and sputtering, “warning” the Federal Energy Regulatory Commission that if
Read More...April 4, 2019 Updated 4/4/2019 Email Print Michael A. Marcotte Construction crews put the finishing touches on a new pavilion for Qatar businesses at Plastimagen 2019. Mexico City — Qatar wants to strengthen its trade links with Mexico as it strives to overcome the crippling effects of an economic blockade imposed by Saudi Arabia, Egypt
Read More...April 4, 2019 Updated 4/4/2019 Email Print Michael A. Marcotte David Rodrigo Munoz Barrera, president, Wittmann Battenfeld México SA de CV., at Plastimagen 2019. Mexico City — Wittmann Battenfeld México SA de CV, a subsidiary of Austrian machinery maker Wittmann Group, saw a promising start to Plastimagen with two customer orders totaling around $500,000. On
Read More...Phoenix Global Resources Plc, the upstream oil and gas company offering its investors direct exposure to Argentina’s Vaca Muerta shale formation and other unconventional resources, has been granted an unconventional concession on April 4 for its Puesto Rojas Block in Mendoza Province. The company has been notified by Mendoza Province that it has been successful
Read More...The value of U.S. oil and gas mergers and acquisitions fell to a 10-year low in the first quarter, according to data released on April 4, as investors pushed shale producers that have driven a recent merger boom to focus on lifting shareholder returns rather than production. The value of oil and gas deals tumbled
Read More...The U.S. will drive growth in North America’s newbuild underground gas storage industry between 2019 and 2023, contributing around 95% of the working gas capacity growth in the region, according to GlobalData on April 4. The company’s report “Underground Gas Storage Industry Outlook in North America to 2023 – Capacity and Capital Expenditure Forecasts with
Read More...Brent oil prices rose on Thursday, touching $70 a barrel briefly for the first time since November as expectations of tight global supply outweighed pressure from rising U.S. production and less robust global demand indicators. International benchmark Brent futures rose 72 cents a barrel to touch an intraday high of $70.03 before retreating to $69.93
Read More...Russian oil producer Gazprom Neft has increased the production capacity of its Sarqala Field in Iraqi Kurdistan by 25% by launching a third production well, the company said April 4. The cumulative daily oil production at the field has reached 35,000 barrels. Gazprom Neft plans to produce 1.2 million tonnes at Sarqala in 2019, of
Read More...April 4, 2019 Updated 4/4/2019 Email Print Plastics News Europe Eastman Chemical Co. has unveiled what it calls a “breakthrough” technology to process non-polyester and mixed plastics that cannot be recycled with conventional technologies. Carbon Renewal Technology involves modifying the front end of Eastman’s cellulosics production stream and transforming plastic waste back to simple molecular
Read More...April 4, 2019 Updated 4/4/2019 Email Print After buying one of its automation suppliers, NuTec Tooling Systems Inc. in Meadville, Pa., Tessy Plastics Corp. has followed up by picking up a mold maker in nearby Erie, Pa., Custom Tool & Design Inc. Tessy is a custom injection molder and contract manufacturer in Skaneateles, near Syracuse,
Read More...Share this article on social media: On March 15, 2019, the SIOR Northern California Chapter and SIOR Foundation-sponsored Cal Bus Tour took a group of nearly 50 Undergraduate Real Estate Club (UREC) students from the University of California, Berkeley (Cal) on a bus tour of Silicon Valley. The trip included a tour of the new
Read More...April 4, 2019 Updated 4/4/2019 Email Print Synectic Product Development The new assembly room at Synectic’s bigger facility in Connecticut. Synectic Product Development, a wholly owned subsidiary of contract manufacturer Mack Molding Inc., relocated to a newly renovated facility in Woodbridge, Conn., following more than $1 million in upgrades aimed at meeting increased demand and
Read More...April 4, 2019 Updated 4/4/2019 Email Print Lauren Roman Balloon fragments found in a dead bird. Balloons are more deadly than hard plastics for seabirds, according to a new Australian study. Scientists from the Institute for Marine and Antarctic Studies, based at the University of Tasmania, and the Commonwealth Scientific and Industrial Research Organization (CSIRO),
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