Industry News

Cabot O&G (Now Coterra Energy) Settles Lawsuit for Securities Fraud

In October 2020, a law firm filed a lawsuit on behalf of several Cabot Oil & Gas shareholders against Cabot (now Coterra Energy), claiming the company “had inadequate environmental controls and procedures and/or failed to properly mitigate known issues related to those controls and procedures,” and that the company “failed to fix faulty gas wells…

Read More...

Cecil Twp Board Considers Revising Drilling Setbacks to 1,500 Feet

About 150 people packed a hearing of the Cecil Township (Washington County), PA, Board of Supervisors meeting yesterday to express their concerns about Range Resources’ fracking activities near their homes. Some attendees were paid activists (holding signs), but judging from media reports, many were just local residents. The Board held a hearing to consider modifications…

Read More...

Radicals Keep Pressure on NY Gov. Hochul to Block Iroquois Upgrade

The odious and disgusting Food & Water Watch (FWW) organization (anti-fossil fuel fanatics) has taken point on the left’s effort to block Iroquois Gas Transmission’s plan to upgrade compressor stations in the Empire State. Iroquois’ Enhancement by Compression (ExC) project increases horsepower at three compression stations — two in New York and one in Connecticut…

Read More...

Post-Gazette Proposes Compromise on Who Pays to Plug Old Wells

Two days ago, MDN brought you an extensive article from the Pittsburgh Post-Gazette that delves into the thorny issue of who should pay to plug some of the 200,000+ orphaned and abandoned wells in Pennsylvania (see The Thorny Issue of PA’s Old Conv. Wells & Who Pays to Plug Them). In some cases, the owners…

Read More...

PJM Electric Grid Warns Biden EPA re Final Reg on Gas-Fired Plants

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...

EPA’s Reg Attacking Coal- and Gas-Fired Power Won’t Survive

In April, the Bidenistas at the EPA attacked coal and gas-fired power plants, threatening to destabilize the existing electric power grid (see EPA Rolls Out Final Regs Attacking Coal & Gas-Fired Power). This isn’t the first time the left has tried to do this. During the reign of Lord Obama, it was called the Clean…

Read More...

Want to Tame Inflation? Make Fossil Energy Easier to Produce

There is no mystery about why we are experiencing the highest inflation rates since 1981 (see historical inflation data below). One of the highest costs associated with any good or service is the cost of energy. Joe Biden and his gang of lefties have driven the cost of energy into the stratosphere since taking office,…

Read More...

CGG, Baker Hughes Sign MOU for CCS Projects

The memorandum of understanding between CGG and Baker Hughes will bring the companies’ complimentary skillsets together to explore carbon capture and sequestration solutions. This post appeared first on Hart Energy.

Read More...

PA Senate Memo: Counties Pursuing Climate Litigation Will Reap Economic Consequences

A Pennsylvania state senator plans to introduce legislation prohibiting municipalities that file climate lawsuits against energy companies from reaping the economic benefits of the oil and gas industry. Announced in light of Bucks County’s recent climate lawsuit and the activist group Center for Climate Integrity (CCI)’s pitch to Allegheny County, the legislation marks the latest

Read More...