Industry News

SRBC Approved 1 New, 41 Renewed Water Requests for Shale Wells

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling. The Pennsylvania Bulletin from this past Saturday (Nov. 23) carried an official notice from the…

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The Rise of EQT CEO Toby Rice is “Nothing Short of Spectacular”

Toby Rice PublicSource, an independent non-profit news organization based in Pittsburgh, published what can only be described as a “puff piece” on EQT Corporation CEO Toby Rice. The article covers Rice’s recent interactions with candidate Donald Trump in Mar-a-Lago (in April), his recent appearance at a climate event in New York City (where he was…

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UK to Consider Comprehensive Regulatory Framework: Everything You Need To Know

Key Takeaways: The UK is planning to introduce various crypto regimes in favor of the crypto market by early 2025. The Property Bill and the CARF are the key bills that aim to bring much-needed change to the UK crypto economy. However, countless challenges like the competition with the US, the timeframe to implement these

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Dividends Declared Week of Nov. 18

Here is a compilation of dividends declared in the week of Nov. 18 from select upstream and service and supply companies for fourth-quarter 2024. This post appeared first on Hart Energy.

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30 New Shale Well Permits Issued for PA-OH-WV Nov 11 – 17

For the week of Nov 11 – 17, permits issued in the Marcellus/Utica were strong, with 30 new permits issued, down just slightly from the 34 issued the prior week (but way up from the piddly numbers issued in prior weeks). The Keystone State (PA) issued 16 new permits, with seven going to Range Resources,…

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2 Marcellus Drillers Clipped $5.3 Million for Clean Air Violations

Yesterday, the Biden Environmental Protection Agency (EPA) and Biden Department of Justice (DOJ) announced settlements with two Pennsylvania shale drillers claiming violations of the federal Clean Air Act and the Pennsylvania Air Pollution Control Act. The Bidenistas alleged that XTO Energy and Hilcorp Energy violated emissions limits at oil and gas production facilities in Butler…

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TC Energy Experiments with sCO2 Clean Power at WV NatGas Compressor

We spotted a press release that fascinates us but will take some explaining. Yesterday, Hanwha Power Systems Co. (headquartered in South Korea) announced that it had signed a Memorandum of Understanding (MOU) with pipeline giant TC Energy to develop a sCO2 WHR (super-critical carbon dioxide waste heat recovery) project which will use the heat stream…

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Last Gasp: PA Enviro Groups Urge Biden to Keep Blocking LNG Exports

One of the reasons Kamala Harris lost (and lost big) is complete tone deafness on energy issues, including the “pause” she and her boss put on approving new LNG export requests back in January (see White House Makes it Official – Biden Declares War on LNG Exports). Biden announced he would “pause” any approvals for…

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