Chesapeake Energy Corp. has launched a pilot program with environmental monitoring company Project Canary to watch methane emissions more closely and earn a certification that natural gas from its Marcellus and Haynesville shale wells is responsibly produced, according to Natural Gas Intelligence. The agreement includes installing methane gas monitors at select well pads in the Marcellus
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. CNX Resources, led by the incomparable Nick Deiuliis, is investing $30 million in creating healthy communities in Western Pennsylvania. CNX Resources unapologetically advocates for the middle class in a very real way. Here’s an explanation of what CNX is doing via a news release from yesterday: Far too
Read More...germany … …[Editor’s Note: Germany energy solutions now being pursued by Biden, California, New York, New Jersey, et al have proven to be disasters on every level.] Germany’s scathing audit report on renewable energy makes readers aware that its Energiewende—the mandated transition to renewable energy—was and continues to be expensive, making the country’s residential electricity prices
Read More...Ron SteinAuthor, Engineer and Founder of PTS Advance .. …. [Editor’s Note: Wind and solar may address demands for green virtue signaling opportunities but can’t truly meet the needs natural gas is able to satisfy.] Before world leaders move too fast to consummate their climate policies, they need to be cognizant of two “aha” moments:
Read More...Gordon TombSenior Fellow, Commonwealth Foundation .. …. [Editor’s Note: The PJM grid is at great risk. It is threatened by the green virtue signaling of politicians such as Pennsylvania’s Tom Wolf.] With Green New Dealers running Washington, D.C., and Gov. Tom Wolf pushing so-called green energy from Harrisburg, questions must be asked about the development
Read More...The U.S. Department of Energy is ready to contribute $35 million to develop technologies that can help reduce methane emissions in the oil, gas and coal industries, according to Farm and Dairy. The new Advanced Research Projects Agency-Energy program is looking for projects that can be easily replicated and commercialized quickly to cut methane accumulation
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: Carbon County, Pennsylvania, apparently knows a rat when it sees one and is going to defend itself from a takeover of the ship.] Carbon County, PA is the latest county to join in and support Pennsylvania’s Republican State Senators suing the Delaware River Basin Commission (DRBC) over
Read More...Duggan FlanakinDirector of Policy Research, Committee For A Constructive Tomorrow … … [Editor’s Note: The government of India refuses to kowtow to Western elitists trying to impose net zero carbon policies on a nation needing development.] India is just one of an increasing number of “developing” nation which have recognized that the mad rush toward
Read More...DiamondBack Energy Inc. on April 12 raised its full-year production outlook as the shale oil and gas producer accounted for its acquisition of rival QEP Resources and benefited from a recovery in crude prices. Commodity prices are picking up as the global roll-out of vaccines against COVID-19 gains momentum, after a year where the health
Read More...[Editor’s note: A version of this story appears in the April 2021 issue of Oil and Gas Investor magazine.] The mileage had already worn smooth companies such as Oasis Petroleum Inc., Whiting Petroleum Corp. and Chesapeake Energy Corp. before 2020 and what was to come: an E&P demolition derby. The companies were plagued to varying degrees by
Read More...Work is beginning to plug 12 more abandoned oil and gas wells in the Cornplanter State Forest in Forest County, Pennsylvania, according to the state departments of Conservation and Natural Resources and Environmental Protection. Plugging the Harmony Township wells, some of which are believed to date back to the 1920s, marks the first phase of
Read More...Plastics packaging firm Alpha Packaging Inc. of St. Louis has acquired Boxmore Plastics Ltd., a similar firm based in Ballyconnell, Ireland. Terms of the deal weren’t disclosed. Boxmore was founded in 1961 and makes packaging based on high density polyethylene for beverage, industrial, concentrates, healthcare and food markets in Ireland. The firm operates a 120,000-square-foot
Read More...Germany-based automotive interior and exterior part supplier STS Group AG is investing $39 million to establish its first U.S. manufacturing facility near Wytheville, Va. The plant will bring 120 new jobs to the area. Construction on the new facility, which will operate as STS Group North America, will begin in the third quarter of this
Read More...Some terms of a Mexican proposal sent in March to Congress to change hydrocarbons legislation would affect competition in the industry and raise prices for consumers, Mexico’s federal economic competition commission said on April 12. In a statement, the anti-trust watchdog, known as COFECE, also said that if the initiative is approved, it would generate
Read More...Argos, the new floating production unit for the BP-operated $9 billion Mad Dog 2 project in the U.S. Gulf of Mexico (GoM), has arrived in Texas waters. The 16,000-mile voyage from the Samsung Heavy Industries shipyard in South Korea to the Kiewit Offshore Services fabrication yard in Ingleside, Texas, took more than 60 days, BP said
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