DSM Engineering Materials will replace “a significant portion” of fossil feedstocks used to make its high performance polymers with feedstock from recycled waste plastics and/or bio-based hydrocarbons. DSM will make that move through a partnership between its parent firm — Royal DSM of Geleen, Netherlands — and renewable materials firm Neste of Helsinki, officials said
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … [Editor’s Note: Tall Pines Players Club in Friendsville creates a Forest of Lights for the Christmas season with a little help from Cabot ticket purchases.] The Tall Pines Forest of Lights is back by popular demand! After becoming one of the leading holiday attractions in Susquehanna
Read More...Mike Kifer, vice president of acquisitions and reserves for Houston-based EnerVest Ltd., is today’s featured Forty Under 40 honoree. Kifer became attracted to the oil and gas industry while completing his bachelor’s degree in mechanical engineering. The “fundamental benefits to society provided by the safe, reliable and affordable energy resources we produce” appealed to him,
Read More...The world’s top energy companies have slashed the value of their oil and gas assets by around $80 billion in recent months after revising lower the long-term outlook for fuel prices in the wake of the coronavirus epidemic and the energy transition. Exxon Mobil Corp., the largest U.S. oil company, announced on Nov. 30 it
Read More...... … … [Editor’s Note: The U.S. is actually reducing CO2 emissions related to energy as China goes precisely in the opposite direction with increases.] According to the Energy Information Administration (EIA), U.S. energy-related carbon dioxide emissions fell in 2019 by 2.6 percent (150 million metric tons). EIA attributes nearly all (96 percent) of this
Read More...Last week, the U.S. Supreme Court announced it will hear oral arguments on January 19, 2021 in its review of the Fourth Circuit Court of Appeals’ decision remanding Baltimore’s climate change lawsuit against major energy producers to state court. Since the high court initially decided to take up the case in October, the nation’s leading
Read More...Prolific natural gas and oil development continues to drive investments in the Buckeye State. The total investment in shale-related activities in Ohio reached $86.4 billion as of Q4 2019, an increase of $9 billion since 2018, according to Cleveland State University’s latest shale investment report. This is the eighth annual report CSU has conducted for
Read More...Oil and natural gas production has a bright future in Canada, according to the Canadian Energy Regulator’s recent first-ever, IEA-style report on the future of Canada’s energy industry. The report uses scenario-based models to project Canada’s future in terms of consumption and supply for the oil and natural gas industry. Under the two scenarios, which
Read More...Pioneer Natural Resources Co. set targets to reduce its GHG (greenhouse gas) and methane emissions on Dec. 2, becoming the latest oil and gas company to set long-term climate goals. Oil and gas producers, under pressure from investors who want to see the industry operate more cleanly, have announced new emissions targets this year even
Read More...In a deal that expands its medical packaging business, Spectrum Plastics Group has purchased Niles, Ill.-based PeelMaster Medical Packaging Corp. Terms of the deal were not disclosed. PeelMaster is a converter of sterile flexible packaging. Founded in 1989, the company makes pouches, header bags and die cut lids from materials including Tyvek spunbound polyethylene. Alpharetta,
Read More...Ascent Resources has listed for sale two “packages” of its assets in the core of the Utica Shale in Ohio. One package contains a non-operated interest in 68 wells and 1,362 net leasehold acres. The second package includes a royalty interest in 10 wells and 106 net revenue interest acres. Details on where the assets
Read More...Last week Pennsylvania issued 12 new shale well drilling permits with a mix of permits issued in both the southwest (wet gas) and northeast (dry gas) regions of the state. Ohio issued 7 new permits, all of them except one in the same county (Jefferson). West Virginia was a goose egg–no new permits issued last
Read More...On Monday MDN brought you the exciting news that Enbridge’s Weymouth compressor station project, the final piece of the $452 million Atlantic Bridge expansion project, has received permission from the federal Pipeline and Hazardous Materials Safety Administration (PHMSA) to begin operations “in early December” (see Weymouth, MA Compressor Station Gets Greenlight to Start Operating). We
Read More...Libya’s National Oil Corp. (NOC) said on Dec. 2 its Chairman Mustafa Sanallah and Schlumberger Ltd. CEO Olivier Le Peuch agreed on technology transfer talks to help restart the country’s oil wells and improve output. The executives met on Dec. 1, the state oil company said, without disclosing details. NOC’s output has been hit this year by attacks on oil facilities and blockades.
Read More...Sempra Energy said on Dec. 2 it would buy the remaining stake in its Mexican unit in a deal valued at $6.13 billion. The company currently owns 66.43% of Infraestructura Energética Nova SAB de CV (IEnova), according to Refinitiv Eikon data. Sempra’s all-stock offer implies a price of 82 Mexican pesos per IEnova share, a
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