Texas is about to go green — by 2020, more electricity will come from wind than coal, according to analytics/consulting firm Rystad Energy. Propelled by the surging shale revolution, Texas now contributes 40% of total U.S. oil production and nearly 25% of marketed natural gas production, Kallanish Energy reports. However, the “Lone Star State” is
Read More...Royalties paid to Pennsylvania landowners for natural gas extraction in primarily eight counties totaled $8.84 billion from 2010 through 2018, according to calculations by the state Independent Fiscal Office (IFO), Kallanish Energy reports. Royalty payments made in the remaining Pennsylvania counties where natural gas is produced would add another $982 million in royalty payments to
Read More...Crude oil rose slightly Monday, after gaining nearly 7% last week, as lingering concerns over global supplies following the Sept. 14 attack on Saudi oil facilities offset prospects for a faster-than-expected restoration of the kingdom’s output and on signs of European economic weakness. Global benchmark Brent futures were up 40 cents to $64.68 a barrel,
Read More...More than three years since they were rolled out, new regulations restricting methane emissions from existing natural gas wells will finally get a hearing before a statewide rulemaking body, according to the Pennsylvania Capital-Star. The push comes as Republican President Donald Trump rolls back restrictions on the potent greenhouse gas. Gov. Tom Wolf rolled out his methane
Read More...Innovation and technological advances are changing the way that Texas’ oil and natural gas producers deal with produced water – water generated during development – according to a new report by the Texas Alliance of Energy Producers and co-sponsored by the Independent Petroleum Association of America. As TAEP’s John Tintera, a co-author of the paper,
Read More...Extinction Rebellion – one of Denver’s newest Keep It In the Ground groups – held a “Mass Day of Civil Disobedience” across the country today, including in Denver. EID was on the scene this morning, and saw firsthand that calling the event a “mass” gathering is a bit of an exaggeration. In reality, as Extinction
Read More...Today kicked off the beginning of New York City Climate Week. With dozens of events being hosted across the city, covering a myriad of different climate issues, one important topic is being ignored: Natural gas. Natural gas has cut 50 percent more emissions in the United States than wind or solar combined since 2005. So
Read More...Caithness Energy recently announced it has successfully secured financing for the construction for the $1.6 billion Guernsey Power Station, according to ConstructionEquipmentGuide.com. With financing, the 1,875-megawatt combined-cycle natural gas electric generating facility can move forward to construction. Caithness partnered with Apex Power Group to develop the project in the heart of the Utica and Marcellus
Read More...Its been a long time since we have seen a news outlet prop up the failing #ExxonKnew campaign, but MSNBC did its best last night. The segment, featured on “All in With Chris Hayes,” included commentary from the usual cast of anti-fossil fuel and anti-ExxonMobil activists: InsideClimate News reporter Neela Banjeree, and Harvard researchers Naomi
Read More...
NAI OHIO RIVER CORRIDOR’S BRYCE CUSTER COMPLETES SALE OF LAWRENCE COUNTY INDUSTRIAL PROPERTY Bryce Custer, SIOR, CCIM Principle of NAI Ohio River Corridor completed the sale of industrial acreage in Ironton, Ohio. This industrial property was purchased by the Lawrence County Economic Development Corporation (LEDC). This property will be made available to companies looking to
Read More...The Energy Information Administration projects natural gas production in the seven most productive basins and plays in the U.S. to rise 469 million cubic feet per day (Mmcf/d) from September to October, according to Kallanish Energy. Gas production will increase to more than 82.36 billion cubic feet per day (Bcf/d), up from 81.89 Bcf/d in
Read More...At an MSNBC forum Thursday intended to allow Democratic presidential candidates to spell out their plans to deal with climate, Senator Bernie Sanders avoided talking about solutions and instead doubled down on past calls to criminally prosecute executives at oil and gas companies. Meanwhile, Senator Michael Bennet and Representative Tim Ryan both took a more
Read More...TC Energy Corp.’s Marketlink oil pipeline from Cushing, Okla., to Nederland, Texas, was shut as flooding disrupted operations at U.S. Gulf Coast terminals, traders familiar with the matter said on Thursday. Dangerous flash floods inundated parts of southeastern Texas on Thursday as Tropical Depression Imelda dumped the last of its rains, with the National Hurricane
Read More...
NAI OHIO RIVER CORRIDOR’S LAURIE STANBRO COMPLETES SALE OF COLUMBIANA COUNTY INDUSTRIAL PROPERTY Laurie Stanbro, VP of Brokerage Operations for NAI Ohio River Corridor completed the sale of a craned industrial facility in Leetonia, Ohio. The Columbiana County property was the former industrial offices and warehouse for Polychem OMS Systems, LLC. Stanbro also assisted the
Read More...Carpentersville, Ill. — Thermoset and composite materials supplier Polynt-Reichhold Group plans to invest in local production of maleic and phthalic anhydride intermediate chemicals in the Americas. The company said the investment will allow it to expand the integrated business model that it already uses in Europe and Asia. President and CEO Rosario Valido said the
Read More...