NextEra Energy Partners has agreed to buy Meade Pipeline Co. in a deal valued at about $1.37 billion, according to Bloomberg. Meade owns a 39.2% interest in the Central Penn Line, a 185-mile pipeline that connects the Marcellus Shale in Pennsylvania to the mid-Atlantic and southeastern U.S. The line has the capacity to deliver 1.7
Read More...Tom ShepstoneNatural Gas NOW Global warmists have completely lost it. Their “chickens with heads cut off” routine forecloses any debate about emissions issues and, therefore, progress. The invaluable Marcellus Drilling News (do yourself a favor and subscribe now) carried an absolutely illuminating story yesterday about a puny protest that occurred this past Friday
Read More...Over the last decade, West Virginia has become the seventh-largest natural gas producer in the United States, according to Rigzone. Natural gas production in West Virginia has reached a record every year for the last 10 years, reaching 1.8 Tcf in 2018. The state now accounts for 5-6% of total U.S. output, with a foothold
Read More...
NAI Ohio River Corridor expands with addition of James Elsfelder, Industrial Specialist BOLIVAR, Ohio James (Jim) Elsfelder has joined the NAI Ohio River Corridor commercial real estate team in the role of Industrial Specialist. Jim brings with him considerable experience working for industrial and electrical services companies throughout the Midwestern United States. “Elsfelder will
Read More...During the second quarter of 2019, natural gas and oil production from Ohio’s horizontal wells saw increases, according to data released by the Ohio Department of Natural Resources. Horizontal natural gas wells produced over 614 billion cubic feet from the beginning of March through the end of June — an increase of .78% from the first
Read More...Royalties paid to landowners from natural gas extraction in Pennsylvania total roughly $9.82 billion from 2010 through 2018, according to calculations by the state Independent Fiscal Office (IFO), Kallanish Energy reports. Landowners in the primary eight counties where natural gas is produced accounted for $8.84 billion in royalty payments. Royalty payments made in the remaining natural-gas-producing counties
Read More...According to environmental activists, fracking was one of the worst things to happen to North Dakota, bringing not only environmental pollution, but also soaring crime rates. While the start of the shale revolution in 2008 certainly brought tens of thousands of new residents to work the Bakken shale fields in North Dakota, new analysis of
Read More...Activists shopping around climate litigation to municipalities in Florida have struck out again, despite years of lobbying, advertising, and publishing reports projecting the costs of climate mitigation to support their efforts. The Sun Sentinel reports that Key Biscayne, Fla. has decided not to pursue climate litigation, joining the ranks of Fort Lauderdale, who we learned
Read More...The petrochemical companies who have proposed building a billion-dollar ethane cracker plant on a 500-acre tract of land in Belmont County, Ohio, have finally reached a settlement agreement with environmental groups in regards to air pollution controls, according to Ohio Valley Resources. It wasn’t long after the Ohio Environmental Protection Agency issued an air permit
Read More...Voters, taxpayers and lawyers in the city of Youngstown, OH will be spared from a ninth iteration of an anti-fracking charter amendment this year, as backers of the “Community Bill of Rights” failed to submit required documents to the local board of elections to have the measure placed on the ballot. Despite repeated failures at
Read More...It’s not that easy being green–unless you’re a nonprofit looking for donations. A new Axios analysis of tax filings from 18 of the most influential environmental groups found significant increases in donations between 2015 and 2017. Comparing 2015, the last full year before Trump’s election to 2017, the first full year after, Axios found donations to well-known environmental groups increased by
Read More...The base-case outlook for the film and sheet segments of the plastics industry in the coming months is mixed. There are some positive forces in the market which should support demand for these products. But there are also some negative forces which will constrain growth in the near term. If I were to draw a
Read More...Washington — SC Johnson & Son Inc. is leaving the Plastics Industry Association, the latest large consumer products maker to exit the business group in a dispute over environmental policies. Greenpeace USA said in a Sept. 24 news release that Racine, Wis.-based SC Johnson told the environmental group it left the plastics association. That follows
Read More...Indonesia’s state-run PT Pertamina EP is preparing to launch an EOR project in the aging Tanjung Field in south Kalimantan, the first of eight fields identified for an oil production revival program. The company will use surfactant polymer injection in the Tanjung Field to pump oil from reservoirs that can’t be extracted through the conventional
Read More...XNG CNG truck crash (Credit: Broome County Sheriff) What is arguably the worst-case scenario for a virtual pipeline company has happened–and it happened not more than 10 miles as the crow flies from MDN HQ. Early Monday morning a compressed natural gas (CNG) truck from Xpress Natural Gas (XNG) was traveling up Interstate 88 near
Read More...