Oil supermajor ExxonMobil said Monday it’s secured more than 1.7 million acres for exploration offshore Egypt from an undisclosed buyer, Kallanish Energy reports. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of Exploration and New Ventures at ExxonMobil. The acquisition includes acreage in the 1.2-million-acre North Marakia
Read More...Marcellus and Utica shale gas producers had a record year in 2019, as Ohio, Pennsylvania and West Virginia accounted for one-third of U.S. natural gas production, according to WSKG. However, a slowdown is being predicted for 2020. As Marcellus and Utica shale drillers produced 30 billion cubic feet of natural gas in 2019, they drove
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. Fossil Fuels Essential to Middle Class Prosperity Joe Biden’s loose comment about being willing to destroy oil and gas jobs for
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Delaware Riverkeeper a/k/a PovertyKeeper plans to impose its ideology 200 miles from the Delaware using the Environmental Rights Amendment club are dead. The Delaware Riverkeeper, ignoring its charter and using money from the William Penn Foundation, traversed 200+ miles from the Delaware River to fight natural gas development
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Boston will get a lot lot more gas soon and not from those Boston beans. It will be as a result of a Kinder Morgan pipeline upgrade fought by its idiot pols. Among a flurry of new approvals, last Thursday the Federal Energy Regulatory Commission (FERC) gave final approval
Read More...A rule aimed at reducing methane emissions from Pennsylvania’s existing oil and gas operations recently passed the Pennsylvania Environmental Quality Board by a vote of 18-1, according to Trib Live. The rule was originally announced by the state Department of Environmental Protection in December 2018. Its aim is to reduce methane leaks from oil and
Read More...A ban on fracking would hit Ohio’s and Pennsylvania’s economies hard, according to a study released by the U.S. Chamber of Commerce. Researchers predict an outright ban on fracking would mean Pennsylvania would lose roughly 609,000 jobs and $261 billion in gross domestic product by 2025. Simultaneously, the average consumer would see his cost of
Read More...We wish you a Merry Christmas..and a Happy New Year! MDN will take off (i.e. no new stories posted) between Dec. 24 and New Year’s Day in observance of the holiday season. Don’t worry, we’ll still keep an eye on the news and if anything earth-shattering happens, we’ll post about it. However, our intent is
Read More...What is fracking? Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock. Is it safe? What most concerns people about fracturing is
Read More...Tariffs on injection molds from China will help U.S. tool shops compete, but may hurt plastics processors, according to tooling analyst Laurie Harbour. The U.S. government’s 25 percent tariff on injection molds from China appears poised to go back in place later this month. A formal announcement may come as soon as Dec. 23. The
Read More...Polyplastics Co. Ltd. of Tokyo makes a wide range of engineering resins. The firm’s materials portfolio includes acetal (POM), polybutylene terephthalate, fiber-reinforced PET, liquid crystal polymer, polyphenylene sulfide and cyclic olefin copolymer. In 2018, Polyplastics posted sales of more than $1.3 billion. The firm employs 2,100 worldwide. Plastics News recently caught up with Gregor Bommel,
Read More...Oil and natural gas development is not responsible for groundwater issues in Pavillion, according to the Wyoming Department of Environmental Quality report, Final Pavilion, Wyoming Gas Field Domestic Water Wells Report on Recommendations for Further Investigation (Final Report), released this week. This latest report represents the final chapter of the WDEQ’s more than six year-long
Read More...Chase Plastic Services Inc. has made the holidays a little brighter with its fourth annual Giving Card campaign. This year’s campaign wrapped up on Dec. 20, with Chase — a resin distributor based in Clarkston, Mich. — donating a total of $7,500 to three charities that had been nominated by the firm’s customers. In previous
Read More...DETROIT — Ford Motor Co. instituted a new product development process for the Mustang Mach-E prioritizing speed and collaboration among engineers and designers. One of the teams behind the car also is unique for its gender diversity. Of the roughly 75 employees who worked on the electric crossover’s advanced driver-assist technology — including a new
Read More...The Battle Run Compressor Station, owned and operated by Williams and located in Valley Grove (Ohio County), West Virginia, exploded and caught fire Saturday night. Fortunately no one was injured and the fire was extinguished within a half hour. Williams has “isolated” the flow of gas to the facility while the incident is investigated.This post
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