In December 2015, evil corporate raider Carl Icahn (invests in companies so he can fire a bunch of people, boost the stock and pocket the profit) fired Cheniere Energy CEO Charif Souki (see Evil Corporate Raider Carl Icahn Claims Another CEO Scalp). Souki didn’t let it slow him down. He started a new LNG export
Read More...... … … [Editor’s Note: Boris Johnson has banned fracking and aims to force Brits into the electric vehicle they can’t afford, which means pushing them into cities.] British Prime Minister Boris Johnson banned the sale of gasoline and diesel vehicles by 2030 in order to accomplish his carbon-free mandate by 2050. A recent study,
Read More...The Trump administration is working to rollback dozens of environmental rules that could benefit the oil and gas industry, according to Oil City News. The proposed changes would weaken protections for migratory birds, expand Arctic drilling and impact future regulation of public health threats, capping four years of unprecedented environmental deregulation by President Donald Trump.
Read More...Falling crude oil prices during to the pandemic drove down virgin plastic resins prices and made recycled plastic comparatively more expensive, adding to challenges the recycling industry has long faced such as industry fragmentation and a lack of price transparency for some products. × Recycling rates across Asia, Europe and the U.S. “are still very
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: Enbridge’s Weymouth Compressor Station has been evaluated by PHMSA and found to be safe for renewing its critical operation.] Enbridge’s Weymouth compressor station project, the final piece of the $452 million Atlantic Bridge expansion project, last week received permission from the federal Pipeline and Hazardous Materials Safety
Read More...Former Vice President Joe Biden’s victory in the race for the White House could have major implications for the climate litigation campaign as he vowed during the campaign to support these lawsuits as president and he’s already under pressure from environmental activist groups to make good on that pledge. To date, every climate lawsuit that’s
Read More...Virginia “Ginny” Kadlick, general counsel at Midland, Texas-based XRI Holdings LLC, is today’s featured Forty Under 40 honoree. Kadlick began her career as a field landman. However, after realizing her passion for the transactional side of oil and gas, she segued by going in-house at Magnum Hunter Resources Corp., initially managing all noncore divestitures and
Read More...It’s happening. No matter who sits in the Oval Office, no matter what kind of new state or federal policies emerge or what courts uphold, the great energy transition promises to be a long and contentious road. Some industry players are not sitting by gnashing their teeth as the world discusses reducing fossil fuel use.
Read More...Exxon Mobil Corp. has called off the potential multibillion-dollar sale of its oil and gas assets in Australia’s Bass Strait, the company’s local affiliate said on Nov. 28. The decision by the U.S. oil major comes just six weeks after the deadline for indicative bids for the portfolio set by adviser JPMorgan. Exxon Mobil decided
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about oil demand, eminent domain, Mid-Michigan Pipeline and much more last week. The Shale Gas News has grown again to the Williamsport area
Read More...Tapstone Energy successfully bid for and absorbed Cheapeake’s Oklahoma assets during a bankruptcy auction earlier this month, according to Natural Gas Intelligence. The recent sale includes more than 700,000 net acres covering producing formations in west and northwest Oklahoma. It adds to Tapstone’s foothold in the Anadarko Basin in Oklahoma, Texas and Kansas. The recently-sold
Read More...OPEC and allies led by Russia have yet to find a consensus on oil output policy for 2021, after an initial round of talks on Nov. 29 and ahead of crucial meetings on Nov. 30 and Dec. 1, four OPEC+ sources told Reuters. OPEC+, a grouping comprising members of OPEC plus Russia and others, had
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. Using Solar to Help Power Natural Gas Compressor Stations! Well, this is certainly interesting; a classy gas industry response to renewables:
Read More...Transitioning to a carbon-neutral industry—as has been the stated goal of supermajors and global service providers alike—is an ambitious task and one that will require a mix of efficient fuels and the innovative technologies to produce those fuels. Although the use of hydrogen as an alternative fuel to oil and natural gas is nothing new,
Read More...The Colorado Oil and Gas Conservation Commission (COGCC) recently approved stricter rules for oil and gas drilling within the state, according to OilPrice.com. The new guidelines included extending the setbacks for oil wells from homes and schools to 2,000 feet, four times the current buffer, and banning routine flaring as of January 15, 2021. The COGCC
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