Industry News

Exclusive: Scott Tinker Says Pausing LNG Ups Coal Use

In this Hart Energy LIVE Exclusive interview, Scott Tinker, chairman of Switch Energy Alliance, talks about energy security globally, and dives into the effects of the Biden administration’s LNG pause. This post appeared first on Hart Energy.

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Fact Checking Natural Gas Misconceptions and Anti-LNG Noise

The Biden administration’s LNG permit freeze has sparked national and international debate over LNG export facilities and the LNG industry as a whole. President Biden’s election-year decision has been deemed purely political and detrimental to U.S. energy and economic security, garnering bipartisan, industry and even international opposition. EID has previously debunked the many myths surrounding

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DT Midstream 4Q – M-U Pipeline Operations Expand, Looking for M&A

DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and other regions like the Haynesville. DTM issued its fourth quarter 2023 update last Friday. The Marcellus/Utica region (which they call Northeast in the report) received several prominent mentions during a conference call with analysts. Also of note were comments by DT…

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About 20 Property Owners Left to Sign for W. Ky. NatGas Pipe

In September 2022, MDN told you about a new 53-mile pipeline project in Western Kentucky — a 16-inch natural gas pipeline to feed natgas to the southern Pennyrile Region (see Kentucky Spending $30M on New NatGas Pipe to Expand Biz Growth). The $115 million project is partly being underwritten by a $30 million grant from…

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TVA Issues Final EIS for East Tenn. Power Plant, Moving Forward

The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the sixth-largest power supplier and the largest public utility in the country. Last May, TVA announced that…

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Making the Case for Carbon Capture & Storage in Rural PA Communities

Last week, MDN told you about landmen knocking on doors in Pennsylvania, Ohio, and West Virginia, looking to sign up landowners for a big carbon capture and sequestration project (see Landmen Knocking Doors in PA, OH, WV to Sign for CCS, Pore Rights). Tenaska is looking to sink 20-30 wells across a massive 80,000 acres…

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WV’s Botched NatGas Property Tax Gets Messier with House Vote

Last summer, MDN told you that a new system to assess valuations of shale wells in West Virginia had turned into a royal mess (see WV NatGas Property Tax Rule Still a Mess, 303 Cases Appealed). In January, that mess got a whole lot messier — what we call a hot mess — when a…

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Overwhelming Bipartisan Opposition: Sen. Bennet Joins Vocal Colorado Chorus Against Biden’s LNG Export Ban 

Senator Michael Bennet (D-Colo.) added his name to a growing bipartisan coalition against the Biden administration’s decision to halt approvals of new LNG export terminals. Reuters reports:    “Democratic U.S. Senator Michael Bennet opposes President Joe Biden’s decision to pause approvals of new exports of liquefied natural gas, saying on Sunday that it could undercut U.S.

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MDN Off Today – President’s Day Holiday 2024

Believe it or not, today is a New York Stock Exchange (i.e., bank) holiday. MDN rarely takes a day off, so we tend to track with those holidays observed by the NYSE. Have no fear; we are monitoring the news, and if anything earth-shattering happens, we’ll bring you the latest. Otherwise, look for a full-strength…

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E&P Highlights: Feb. 16, 2024

From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space.  This post appeared first on Hart Energy.

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