A federal judge in San Francisco is barring utility giant Pacific Gas and Electric from re-issuing dividends in favor of using the funds for reducing the risk of wildfires in the company’s service area. U.S. District Judge William Alsup, in a court hearing Tuesday, also said he will monitor PG&E’s compliance with new wildfire prevention
Read More...Liquefied natural gas is expected to become a big part of China-U.S. trade once the dispute is resolved between the two countries, a senior executive from China National Offshore Oil Corp. (Cnooc) said Wednesday. LNG will also continue to dominate China’s natural gas imports, having accounted for 60% of its gas imports in 2018, said Cnooc vice
Read More...Embattled PG&E Corp. and its utility Pacific Gas and Electric, on Wednesday announced the appointment of William “Bill” Johnson as president and CEO, Kallanish Energy reports. In addition, the company, currently operating under Chapter 11 bankruptcy protection, named 10 new board members, to be appointed at the company’s next board meeting. The San Francisco-based utility
Read More...Last year natural gas production in the United States grew by 10 billion cubic feet per day, according to reports conducted by the U.S. Energy Information Administration. The 11%-production increase marked the largest annual production increase on record, reaching an all-time high for the second consecutive year, according to The Youngstown Business Journal. The Utica/Point
Read More...Tom ShepstoneNatural Gas NOW … … The foolish idea the Indian Point nuclear station can be replaced by a bunch of solar farms offering expensive intermittent energy is exposed as a fraud. Andrew Cuomo has been aching for the longest time to see the Indian Point nuclear station shut down. He browbeat it into agreeing
Read More...The Colorado General Assembly passed its contentious overhaul of state oil and gas regulations today, sending it to Governor Jared Polis’ desk for final signature. SB-181 invokes several changes to existing law, including increased input from local communities, changes to forced pooling thresholds and an update to the mission and make-up of the Colorado Oil
Read More...The investment last week by SK Global, a South Korean company, in Blue Racer is indicative of what is coming to the Marcellus and Utica in the Appalachian Basin. SK Global’s move and Daelim’s JV with PTT indicate that the South Koreans are very interested in the downstream opportunities to be realized by the petrochemical
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A notable development in a lawsuit that before now, we were unaware of. Several landowners in Venango County (northwest PA) filed a lawsuit against Shell’s SWEPI drilling subsidiary in 2013 claiming SWEPI
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A second lawsuit we’re reporting on today that had previously slipped by our usually good radar. A former Cabot Oil & Gas employee filed a lawsuit in October 2017 alleging that he
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. One of the arguments often heard from those who oppose natural gas pipelines is that “nobody” benefits from the pipeline except the sleazy Big Corporation that builds and profits from it. A
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. There are plenty of jobs in the shale industry in northeastern Pennsylvania–IF you have certain skills. What kind of skills? The kind that are taught at programs like at the Lackawanna College
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. We read on a regular basis in mainstream media that shale companies spend more money than they bring in, and that investors are growing tired of pumping money into companies without a
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. New York Gov. Andrew Cuomo finally got his wish last year by forcing the operator of the Indian Point Energy Center (nuclear power plant) located near New York City to agree to
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. This is nuts! This is insane! Because of overproduction, lack of pipelines, and an existing pipeline down for maintenance, natural gas sellers at the Waha natural gas trading hub (in West Texas)
Read More...Tom ShepstoneShepstone Management Company, Inc. Any remaining semblance of reasonableness connected with state water quality certification has been destroyed by Andrew Cuomo. What can be done now? That question has already been partly answered by the Hoopa decision, which I discussed here and, more recently, here. The D.C. Court of Appeals, the most important
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