Michael Wahl, senior vice president and COO of Olympus Energy, is today’s featured Forty Under 40 honoree. Wahl came into the industry at the start of the shale gas revolution, alongside initial Marcellus development. “This was a game changer for the country in general but also for the Pittsburgh region particularly, bringing a new growth
Read More...... … … [Editor’s Note: New England, once the land of common sense is now pursuing a Transportation and Climate Initiative that is a fool’s errand by any standard.] The Transportation and Climate Initiative that many East Coast states will be party to is expected to take effect in 2022 with details of the pact being
Read More...California Resources Corp. has revealed on Dec. 21 that Todd A. Stevens, president and CEO, will be leaving the company on December 31. Todd A. Stevens, president and CEO of California Resources Corp., will depart from the company on Dec. 31. Mark A. McFarland, the company’s executive chairman, will serve as interim CEO and James
Read More...Eastman Chemical Co. will begin public reporting on spills of resin pellets, becoming the sixth plastics manufacturer to do so after reaching an agreement with shareholder activist group As You Sow. AYS announced Dec. 15 that it is withdrawing a proposal seeking a shareholder vote on the measure at the company’s annual meeting, after Eastman
Read More...Minneapolis — Advanced Web Technologies Holding Co., a Minneapolis-based label and flexible packaging converter, has a new private equity owner. New York-based Morgan Stanley Capital Partners announced Dec. 18 that it has purchased AWT from Milwaukee-based Mason Wells. Terms were not disclosed. Founded in 1976, AWT operates as AWT Labels & Packaging and Citation Healthcare
Read More...During the Williams third-quarter 2020 update in early November, CEO Alan Armstrong shared some interesting and relevant (to the Marcellus/Utica) comments (see Williams Record M-U Volumes, Early Startup for SET, Leidy South). Armstrong said two important pipeline projects that will carry M-U gas to other markets, the Southeastern Trail (SET) expansion project and the Leidy
Read More...In March 2019 MDN told you about National Fuel Gas Company’s (NFG) FM100 Project in northwestern Pennsylvania that will beef up and extend an existing pipeline network to flow an extra 330 million cubic feet per day (MMcf/d) of Marcellus gas to Williams’ mighty Transco Pipeline (see NFG FM100 Pipe Project in NW PA to
Read More...Oaktree Capital Management, a huge investment firm with 1,000 employees and $140 billion in assets under management, is investing some of its considerable stach in BKV Corporation. BKV (which stands for Banpu Kalnin Ventures) is the American shale drilling arm of Banpu, Thailand’s largest coal mining company. BKV/Banpu has invested ~$500 million in the PA
Read More...The Pennsylvania Dept. of Environmental Protection (DEP) over the weekend published a final (revised) version of its Waste General Permit which governs how wastewater from shale fracking and produced water can be processed and reused for more drilling and fracking.This post appeared first on Marcellus Drilling News.
Read More...It really is frustrating and beyond belief. Republicans in Ohio continue to fiddle around and try to delay overturning House Bill (HB) 6 that gives FirstEnergy a $1.1 billion bailout to keep its economically failing nuclear power plants from closing. The company’s Energy Harbor subsidiary is accused of bribing Ohio House members with $60 million
Read More...Roger DonwayContributor, MasterResource … … [Editor’s Note: Roger Downey focuses on a problem long known to careful readers of the Wall Street Journal or WSJ; its news pages are shallow claptrap when it comes to “green energy.”] Noam Chomsky, MIT’s famously anti-American professor of linguistics, used to say to his audiences something like: All my
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about Warren Buffet, PennEast Pipeline, Landgate and much more last week. The Shale Gas News has grown again to the Williamsport area on
Read More...A new nanomaterial cement mixture may be the solution for sealing leaking natural gas wells, according to Penn State scientists. Leaky wells are considered a potential source of methane emissions. When wells are drilled cement is used to secure the pipe to the surrounding rock, creating a seal that prevents methane from migrating and entering
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. California Wealthy Elites Imposing High Electricity Prices on the Poor Great insights from Energy In Depth on California’s energy problems; they
Read More...Tom ShepstoneShepstone Management Company, Inc. … … The Pennsylvania Environmental Hearing Board has called out DEP for hasty action in ordering a reroute of the Mariner East pipeline. It’s nice to see Pennsylvania DEP “hoist with his own petard.” Yes, very nice, indeed. That’s what just happened with a decision by the Pennsylvania Environmental Hearing
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