Garland L. Thompson, Esq.Journalist and Author, Philadelphia [Editor’s Note: Garland Thompson and his associate John Linder lay out an extremely compelling case for the Philadelphia economy if only it will have it.] On the eve of a new presidential administration, my colleagues and I on the downstream end of the business decided to send out
Read More...... … …[Editor’s Note: New Yorkers are about to see already high electricity bills go even higher thanks to Governor Cuomo’s battery storage plans.] New York will purchase a 100-megawatt battery system to back up its offshore wind fleet, which is expected to total 9 gigawatts of capacity by 2035. The battery will be supplied by South Korean
Read More...As the U.S. Supreme Court prepares to hear oral arguments in BP P.L.C., et al. v. Mayor and City Council of Baltimore, it’s important to remember that this case – and the several other climate lawsuits leveled against energy producers in recent years – are not driven by the desire to address climate change. Rather,
Read More...Over the past 70 years, the percentage of Americans heating their homes with electricity has steadily increased – but when given the choice, consumers in much of the colder parts of the country prefer natural gas and would pay more to keep it. A recent from the Energy Institute at Haas investigated the causes behind
Read More...Over the objections of a junior creditor group, a judge for the U.S. Bankruptcy Court in Houston said yesterday he will approve Chesapeake Energy’s bankruptcy plan to jettison $7 billion (out of $8.9 billion) worth of debt. Chesapeake will exit bankruptcy within the next 30 days and will continue to retain and drill on its
Read More...Yesterday the Pennsylvania Dept. of Environmental Protection (DEP) held a virtual hearing to accept public comment on the topic of issuing water crossing and sediment/erosion permits for the PennEast Pipeline project. The hearing lasted over three hours with some 70+ people speaking (for up to 3 minutes each). Much to the consternation of anti-fossil fuelers,
Read More...In a pair of announcements earlier this week, U.S. Well Services announced it has signed new long-term deals with both Range Resources and EQT to supply “electric fracking” services. We told you in February 2020 that Range had signed on with U.S. Well Services to continue using its electric fracking service (see Range Resources Converts
Read More...In November 2019 the U.S. District Court of Pennsylvania ruled that K. Petroleum Inc. (KPI), headquartered in Gahanna, OH, had breached a contract with Penneco Oil by not paying Penneco for gas flowing through KPI’s gathering pipeline system for wells owned and operated by Penneco. Yesterday the same court finally (after more than a year)
Read More...Drillers and pipeline companies often need the services of environmental and engineering consultants as they plan their projects. There are a number of companies in this space operating in the Marcellus/Utica. Investment firm Round Table Capital (RTC) Partners recently purchased three companies and is merging them to create “a market leader in the Environmental Consulting
Read More...(Credit: Hartford Courant/Kassi Jackson) Ever see a spoiled rotten child, say about two years old, who is told “NO” and proceeds to throw a temper tantrum and drop to the ground and lie there, not moving, pretending to be dead? That’s what the scene looked like yesterday in Hartford, Connecticut as a small group of
Read More...MDN is proud to once again partner with our friend Joe Barone from Shale Directories to help promote an important, upcoming conference. The 2nd Annual Appalachian Basin Real Estate Conference is slated for March 25 at the Oglebay Resort and Conference Center, in Wheeling, WV. This conference will attract businesses from outside the Marcellus/Utica region
Read More...If you’re one of the people who invested in a kitchen update during the past year, you may also be one of the people who found that appliances are in very limited supply. Between a production shutdown during the spring of 2020, shortages in the supply chain and demand from people remodeling their homes as
Read More...Garland L. Thompson, Esq.Journalist and Author, Philadelphia [Editor’s Note: Garland Thompson and his associate John Linder lay out an extremely compelling case for the Philadelphia economy if only it will have it.] On the eve of a new presidential administration, my colleagues and I on the downstream end of the business decided to send out
Read More...S&P Dow Jones Indices LLC said late on Jan. 13 it will remove oil giant China National Offshore Oil Corp.’s (CNOOC) securities due to U.S. sanctions. “The securities (CNOOC Ltd. ADR and CNOOC Ltd. H Shares) will be removed from impacted indices on or before February 1, 2021,” S&P Dow Jones Indices said in a
Read More...Kurt KnausSpokesmanPennsylvania Energy Infrastructure Alliance … … [Editor’s Note: There was a Pennsylvania DEP virtual hearing on thee PennEast Pipeline project this week and the need for the project was demonstrated.] The Pennsylvania Department of Environmental Protection (DEP) tonight hosted a virtual public hearing on two permit applications for construction of Phase 1 of the
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