Lebanon PM Approves Expansion of Area Claimed in Maritime Dispute with Israel

Ohio River Corridor

Lebanon PM Approves Expansion of Area Claimed in Maritime Dispute with Israel

Lebanon’s caretaker prime minister on April 12 approved a draft decree expanding the country’s claims in a dispute with Israel over its maritime border that has held up hydrocarbon exploration in the potentially gas-rich area. Hassan Diab signed off on the document after the minister of public works and the minister of defense earlier agreed

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Marketed: Nonop Bakken Properties, North Dakota, Montana

The following information is provided by BOK Financial Securities Inc. All inquiries on the following listings should be directed to BOK Financial Securities. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. BOKF Petro Holdings II LLC is offering for sale certain nonoperated working interest properties in Montana and North Dakota. Highlights: 3,556

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Milacron launches new all-electric Fanuc Roboshot series

Blue Ash, Ohio-based Milacron introduced the next generation of a top-selling, all-electric machine series after making upgrades to improve flexibility and lower life cycle costs. The Fanuc Roboshot Alpha-SiB series is replacing the SiA series as Milacron continues a partnership with Fanuc in the Americas that dates back more than 35 years. The Alpha-SiB series

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Gneuss expands size range of rotary filtration systems

Matthews, N.C.-based Gneuss Inc. added a size across its line of rotary filtration system for processing polymer melts for film, sheet, fiber, compounding and recycling. The models RSFgenius, SFXmagnus, SFneos and CSFprimus are now available in what the company calls a size 110, which refers to a dimension on the filter disk. The size 110

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What’s Affecting Oil Prices This Week? (April 12, 2021)

[Editor’s note: This report is an excerpt from the Stratas Advisors weekly Short-Term Outlook service analysis, which covers a period of eight quarters and provides monthly forecasts for crude oil, natural gas, NGL, refined products, base petrochemicals and biofuels.] The price of Brent crude ended the week at $63.05 after closing the previous week at $64.86. The

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Equinor Sees Brazil’s Peregrino Oil Field Restarting in 1H

Equinor’s Peregrino oil field offshore Brazil is on track to restart in the first half of 2021 following several delays, a spokesman said on April 12. The heavy oil field in the Campos basin was shut in April 2020 due to a rupture of a riser at the Peregrino A platform during a test. Since the

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Midstream Business Pinnacle II Executive Q&A: Starting in the Midland Basin

[Editor’s note: A version of this story appears in the April 2021 issue of Midstream Business magazine.] In mid-December, Houston-based Pinnacle Midstream II announced plans to build a new gas gathering and compression system in the Midland Basin, the “Dos Picos” gathering system. The gas gathering system will initially serve Midland, Martin and Glasscock counties in Texas with

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Norway’s Equinor to Stay in API Following Climate Policy Shift

Norway’s Equinor ASA has decided to stay in the American Petroleum Institute (API) after the major U.S. oil lobby group changed its stance on climate policy. However, Equinor has quit the Australian Petroleum Production and Exploration Association (APPEA) as the firm has wound down operations in Australia after giving up an exploration drilling plan in

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Global Warming Advocates Lose Minds Over Inconvenient Facts

Gordon TombSenior Advisor, CO2 Coalition .. …. Some Norwegian advocates of global warming theories have gone completely gal (Norsk for “crazy”) over some very “Inconvenient Facts.” Other than by misspelling “fjord,” how would an American geologist draw the ire of a pair of Norwegian politicians?  Answer: Write a book that counters the notion that human activity

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Shale Gas News – April 10, 2021

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about FRAC Act, solar farms, Shell Cracker and much more last week. The Shale Gas News has grown again to the Williamsport area

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Activity in smaller basins drives US rig count up 9 to 528

The U.S. oil and natural gas rig count was driven up nine to 528 for the week ending April 7, fueled by drilling activity in a handful of smaller basins, according to Enverus. The Eagle Ford Shale in South Texas saw the biggest increase, gaining two rigs to total 43. The SCOOP/STACK in Oklahoma, the

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Natural Gas Now Best Picks of the Week – April 10, 2021

Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. But Suppose They Don’t Want Solar Projects in Their Backyards? Environmental justice is, quite simply, a fraud perpetrated on the people

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Northern Oil and Gas purchases Reliance Marcellus assets for $250M

Northern Oil and Gas recently announced it purchased Reliance Industries assets in the Marcellus Shale play for $250 million, according to Natural Gas World. The company paid nearly $121 million in cash and issued 3.25 million of common stock warrants for the business. The business is expected to produce 75-85 mcf per day and receive

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Plastics Propaganda Contaminates Truth with Plasticity

Tom ShepstoneShepstone Management Company, Inc. …. ….  A chemist from British Columbia gives a stunning lesson the plasticity of truth when it comes to plastics, pollution and propaganda. Plasticity, according to Merriam-Webster, is the “capacity for being mold-ed or altered.” There’s a lot of that around these days, especially when it comes to plastics, pollution

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