President Trump said Sunday he’s interested in making a deal with ExxonMobil or another producer to tap Syrian oil reserves, Kallanish Energy reports. “What I intend to do, perhaps, is make a deal with an ExxonMobil or one of our great companies to go in there and do it properly … and spread out the wealth,” he
Read More...Millions of Californians were without power Sunday as Pacific Gas and Electric Co. implemented its largest-ever blackout to prevent wildfires during high and hot winds, Kallanish Energy reports. The outages extend from parts of California’s Humboldt County to the Salinas Valley and were expected to reach a portion of the state’s Kern County by Sunday
Read More...Offshore wind should become a $1 trillion business by 2040, the International Energy Agency (IEA) said Friday, with global capacity set for a 15-fold increase, Kallanish Energy reports. According to the IEA’s Offshore Wind Outlook 2019, investment last year in the sector neared $20 billion, compared to under $8 billion in 2010. With today’s investment
Read More...A recently-filed class action lawsuit claims Encino Energy and its affiliates underpaid landowners in Columbiana and Carroll counties in Ohio at least $5 million for oil and natural gas royalties, according to Farm and Dairy. The lawsuit was filed in the U.S. District Court for the Northern District of Ohio on Oct. 18 by the
Read More...President Donald Trump’s suggestion on Oct. 27 that Exxon Mobil Corp. or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts. “What I intend to do, perhaps, is make a deal with an Exxon Mobil or one of our great companies to go in there and do it properly
Read More...Throw a rock in the financial district in Manhattan these days and you are bound to hit someone who is bearish on the outlook for oil and gas. Wall Street has all but abandoned the sector as an investment destination, and while commodities prices have continued to dance around the $50 to $60 range for
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … West Side Career and Technology Center (WSCTC) was a recent recipient of a $15,000 grant from Cabot Oil & Gas Corporation to support their programs. A growing number of high school students are looking into the programs offered by their local technical schools and career centers to meet
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Natural Gas and Solar Power: Together at Last Our friend Dan Markind has a great piece in Forbes on the blending of
Read More...Barnes Group Inc. has managed to deliver solid bottom-line performance even in what company leaders called a “challenging” global industrial market that has hit Barnes’ Industrial business segment — including continuing softness in automotive hot runners and some other areas. CEO Patrick Dempsey also said pending European packaging regulations have caused customers to hold off
Read More...Landowners in Carroll and Columbiana counties (Ohio) have filed a class action lawsuit against Encino Energy claiming the company underpaid oil and natural gas royalties. Last November Encino Acquisition Partners (i.e. Encino Energy) completed its purchase of all of Chesapeake Energy’s Ohio Utica Shale assets for $2 billion (see Stop Press: Chesapeake Sells ALL of
Read More...The stakes are about as high as it gets: “The immediate disruption of the natural gas industry,” says PennEast Pipeline. We’re referring to a terrible decision in September by the U.S. Court of Appeals for the Third Circuit that disallows PennEast from using the delegated power of eminent domain to cross properties either owned by,
Read More...American Electric Power (AEP) recently sealed a deal to sell more than 31,000 acres of land in eastern Ohio to the state of Ohio for $47 million. The state will use it for a state park. However, subsurface rights are not part of the deal. AEP will wisely hold on those rights. At some point
Read More...All we can say is, shame on FirstEnergy. They hired people to block petition gatherers trying to get signatures for a referendum for the November ballot. The tactics used can only be described as bullying–sometimes physical. Workers are trying to get enough signatures on a petition to place a referendum on the November ballot. The
Read More...In September 2018 MDN brought you the news that Southwestern Energy had, for the first time anywhere, sold natural gas to a customer (utility company New Jersey Resources) that has been certified as “responsible gas.” The certification comes from Independent Energy Standards Corporation (IES) and they call it their TrustWell™ Responsible Gas Program certification (see
Read More...Düsseldorf, Germany — KHS Corpoplast GmbH developed the first juice bottle made from recycled PET thanks to a glass lining that protects sensitive beverages and then washes away at material recovery facilities. The Dortmund, Germany-based manufacturer of filling and packaging systems is showed its concept bottle called Beyond Juice for the first time at K
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