Mexican Senate discusses plastic ban changes, Braskem to close chlor alkali plant, Nova sells stake in Texas project

Ohio River Corridor

Wave of plastic bag bans expands across Americas in 2020

A wave of bans on plastic bags, and sometimes on plastic straws, has greatly expanded in 2020 when legislation will slash millions of dollars worth of resin sold and dent industry employment. × In Mexico, where a plastic bag ban went into effect in 2020, producers have warned thousands of jobs and millions of dollars

Read More...

OGI At Closing: Go-Go Becomes Slo-Mo

The industry will be slowing down in 2020, that’s plain to see. It’s probably a good thing, although not an exciting situation that will generate splashy headlines; it may not get investors’ hearts to beat faster and open their wallets yet either. Third-quarter conference calls indicated prudence reigns among the E&Ps, and most people would

Read More...

Marketed: South Louisiana Nonop, ORRI Gulf Coast Package

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Energy Advisors Group Inc. (EAG) has been retained by a private seller to market a small

Read More...

Colonial Pipeline Taps ONEOK’s Wes Dunbar For VP Operations Job

Colonial Pipeline Co. named Wes Dunbar as vice president of operations, making Dunbar responsible for all the Alpharetta, Ga.-based company’s operations activity. Dunbar will join Colonial Pipeline, effective Jan. 6, from ONEOK, a midstream service provider connecting NGL supply in the Midcontinent, Permian Basin and Rocky Mountain regions. Joe Blount, president and CEO of Colonial

Read More...

US LNG Exports Soar But Supply Glut May Await In 2020

U.S. exporters of LNG head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year. Four new liquefaction trains—the common term for a shipping facility—entered service this year in the U.S. The U.S. is

Read More...

Canadian Energy Weekly Round-Up: December 30

Here are the top news stories covering Canada’s energy landscape: Canada Has Huge Opportunity for Energy Growth As 2019 ends and 2020 begins, the global demand for energy is only set to increase over the next two decades. According to the International Energy Agency’s World Energy Outlook 2019, global energy demand will increase by 24

Read More...

Exxon Mobil Makes Over 1.7 Million-Acre Acquisition Offshore Egypt

Exxon Mobil Corp. said Dec. 30 it had secured more than 1.7 million acres for exploration offshore Egypt, strengthening its upstream portfolio in the eastern Mediterranean. The discovery of the giant Zohr Field in 2015 by Italy’s Eni SpA is believed to have ignited a growing interest in exploration in Egypt. The Zohr discovery is the

Read More...

The Fossil Fuel Divestment Shell Game and How It’s Played

Robert Bradley, Jr.Founder and CEO of the Institute for Energy ResearchPrincipal, MasterResource: A Free-Market Energy Blog.. .… … Fossil fuel divestment is a cruel joke, perpetrated by the self-righteous Rockfeller lackey and phony, Bill McKibben, who has done the family’s dirty work. Under the banner STOP FOSSIL FUELS. BUILD 100% RENEWABLES, the group 350.org last month announced “a new fossil free

Read More...

Shale Gas News – December 28, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about New England, Fair Shake Environmental, global warming and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!

Read More...

Editor’s note

With the Christmas and New Year’s holidays upcoming, here are the days Kallanish Energy is publishing: * Dec. 23, 27, 30 and 31, along with Jan. 2 and 3. Our normal Monday through Friday publishing schedule resumes Jan. 6. This post appeared first on Kallanish Energy News.

Read More...

ExxonMobil acquires exploration acreage offshore Egypt

Oil supermajor ExxonMobil said Monday it’s secured more than 1.7 million acres for exploration offshore Egypt from an undisclosed buyer, Kallanish Energy reports. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of Exploration and New Ventures at ExxonMobil.  The acquisition includes acreage in the 1.2-million-acre North Marakia

Read More...

Slowdown predicted for natural gas production in 2020

Marcellus and Utica shale gas producers had a record year in 2019, as Ohio, Pennsylvania and West Virginia accounted for one-third of U.S. natural gas production, according to WSKG. However, a slowdown is being predicted for 2020. As Marcellus and Utica shale drillers produced 30 billion cubic feet of natural gas in 2019, they drove

Read More...