Energy Transfer, a huge pipeline company that builds and maintains Marcellus/Utica pipelines including Rover and the Mariner projects, released its fourth-quarter and full-year 2019 update earlier this week. The company reports making the most profit it has ever made in its 25-year history–$3.6 billion in profit for 2019 (more than triple the $1.1 billion made
Read More...The Pennsylvania Democrat Party is about to get politically fracked–i.e., underground explosions that create large fractures, breaking it apart. Ironically, the Dems are getting fracked over fracking. As we have been reporting, all of the Democrat presidential candidates have signed on to either severely limit, or outright ban, hydraulic fracturing. Some of the more extreme
Read More...by: D.K. Wright Posted: Feb 20, 2020 / 01:31 PM EST / Updated: Feb 21, 2020 / 06:21 AM EST WEIRTON, W. Va. (WTRF) It could create more than 3,000 jobs and involve $2 billion in new investment. It would be called Frontier Crossing Development and could be located on unused former industrial property. Officials say The Frontier Group of
Read More...Tom ShepstoneShepstone Management Company, Inc. . … Environmentalism hasn’t been right, that is to say healthy, since Earth Day in 1970, when, shortly thereafter, it was infected with terminal urban smugness. As one of our guest bloggers and commenters noted recently, “the issues are really no longer Republican and Democrat in New York State, but
Read More...U.S. solar industry jobs have jumped 167% in the last decade, from just over 93,000 jobs in 2010, to 249,983 jobs in 2019, according to the 10th annual “National Solar Jobs Census,” Kallanish Energy reports. The latest census, produced yearly by the nonprofit The Solar Foundation, found last year’s nearly 250,000-worker total was an increase
Read More...Crude oil prices rose Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude inventories, Kallanish Energy reports. Gains, however, were held down by continuing worries about the spread of the Coronavirus outside China. The Energy Information Administration reported yesterday crude inventories rose only 414,000 barrels for the week ended Feb. 14, compared
Read More...Worldwide liquefied natural gas demand is expected to double by 2040 to 700 million tonnes, according to third party forecasts, Royal Dutch Shell reports in its Fourth Annual LNG Outlook, Kallanish Energy reports. LNG in 2019 rose a robust 12.5%, to 359 million tonnes, Shell stated. “The global LNG market continued to evolve in 2019,
Read More...The North Dakota Public Service Commission this week voted 3-0 to approve the proposed expansion of the Dakota Access Pipeline (DAPL), which involves building a pump station in Emmons County to help push up to twice as much crude oil through the line daily. Pipeline owner-developer Energy Transfer plans to begin construction on the facility this
Read More...NextEra Energy Inc. announced this week it intends to sell $2.5 billion of equity units in the Florida-based electric utility parent, Kallanish Energy reports. Each equity unit will be issued at $50. Each unit will consist of a contract to purchase NextEra Energy common stock in the future and a 5% undivided beneficial ownership interest in a
Read More...Daniel B. Markind, Esq.Flaster Greenberg PC The Canadian rail system is in chaos thanks to pipeline activists and boy premier who hasn’t got a clue what to do it seems. Is the U.S. a target as well? People in the United States who wonder how far pipeline protests can go, and how disruptive they can be,
Read More...Tom ShepstoneShepstone Management Company, Inc. . … Appalachian shale production has been nothing short of phenomenal and has set the stage for natural gas exports to soar via both LNG ships and pipelines. Yesterday, chatting with a pro-gas friend, we both remarked on the fact the solution to low prices is low prices, just as
Read More...Transportation and shipping have been massively disrupted in Canada due to protests that—in an attempt to halt the construction of a natural gas pipeline—are blocking among other things, railroads. Recently, activists against the Teck Frontier’s Coastal Gaslink Pipeline, a proposed project that would ship British Columbian natural gas to an LNG facility on the Pacific
Read More...Kurt KnausSpokesmanPennsylvania Energy Infrastructure Alliance … … Pennsylvania’s Commonwealth Court has rejected a Chester County Commissioners request for an injunction to halt completion of the Mariner East pipeline. Pennsylvania’s Commonwealth Court has ruled against Chester County Commissioners and their attempt to secure an injunction to stop construction of the Mariner East pipeline project. The petition
Read More...LONDON–(BUSINESS WIRE)–Technavio has been monitoring the industrial valves market in oil and gas industry and it is poised to grow by USD 4.44 billion during 2019-2023, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market
Read More...A new federal study concluded there’s no evidence that suggests oil and gas production in northern Pennsylvania has contaminated the state forest service’s rivers and streams, according to Kallanish Energy. The study was published earlier this month in the scientific journal Proceedings of the National Academy of Sciences (PNAS). It found no signs wastewater from fracked wells had
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