Former Vice President Joe Biden’s victory is not a death knell for the U.S. oil and gas industry, but it does mean that federal policies to fight climate change will move to front and center. Much of Biden’s agenda will derive from his determination to rally the world to reduce greenhouse gas emissions. Based on
Read More...Natalie DeCarioExternal Affairs Coordinator, Cabot Oil & Gas … … [Editor Comment: Cabot Oil & Gas has plans to donate some $200,000 to charitable causes this winter, monies being set aside to help others basic needs.] This winter season, we’ve committed to donating more than $200,000 in order to help battle food insecurity across northeast Pennsylvania. In coordination with the Neighborhood
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. We’re Finally Done with the Paris Accord,Which Accomplished Nothing Compared to Natural Gas Good riddance. We’ve already done better by ourselves.
Read More...Energy Group Equinor Aims for Net Zero Emissions by 2050 Norwegian energy company Equinor aims to become a net zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, its new CEO said as he took office on Nov. 2. This post appeared first on Hart Energy.
Read More...U.S. oilfield services and equipment companies added 6,430 jobs in October, marking the second straight month of employment gains as drilling activity picked up, according to an analysis released on Nov. 6 by the Petroleum Equipment & Services Association (PESA). The sector has added about 8,600 jobs in the past two months, according to the
Read More...The American Petroleum Institute (API) recently updated two standards that are integral to the operation, selection, and installation of pressure-relieving devices (PRDs) used throughout the natural gas and oil industry. The contribution of these devices to safety, environmental protection, and operational integrity cannot be understated. In many ways, PRDs are the most important pieces of
Read More...Everyone loves a good game of Space Invaders. It’s basic and familiar, and graphics aside, it’s entertaining. These are all reasons why people still play it. Of course, modern gaming brings a whole new spectrum of in depth and complex games that will intrigue the mind. We’re fascinated by shiny new features that keep us from
Read More...Canada’s largest pipeline operator Enbridge Inc. on Nov. 6 set emissions reduction targets, hoping to be a net zero emitter of greenhouse gases by 2050, as the industry faces intense pressure from investors to limit carbon discharge. Reported greenhouse gas emissions from Canada’s oil patch have more than doubled in the first half of the
Read More...It goes without saying, but the energy sector is much more complex and complicated compared to other industries. Capital expenditures are significant, E&P’s must manage many moving parts, and compliance must be at the top of mind. Without close attention and coordination to these factors, E&P’s find it difficult to properly complete their work and
Read More...A year ago, the transition to an independent Uniloy Inc., with full technical centers in the U.S., Europe and Asia, was fully underway. The Tecumseh, Mich.-based blow molding equipment manufacturer announced at K 2019 that it resumed building machines in a 100,000-square-foot facility in Magenta, Italy. Now the process is almost complete. Uniloy moved its
Read More...Let’s clear out the stress of the U.S. presidential election through some old-time rock-n-roll with a plastic twist. Here’s “Plastic Year,” the B-side to a garage rock single released in 1968 by rock band Blu-Erebus of Mount Airy, N.C. Not sure what made 1968 more of a plastic year than 1967 or 1969. The lyrics
Read More...U.S. energy firms this week added oil and natural gas rigs for an eighth week in a row for the first time since June 2018 as producers keep returning to the well pad after crude prices held around $40 per barrel from mid-June to late October. The oil and gas rig count, an early indicator
Read More...Mach Resources: Midcontinent Aggregator Led by industry icon Tom Ward, Mach Resources this year bagged the vast portfolio of Alta Mesa Resources out of bankruptcy and for a song. His premise: Prepare to be the last owner of any asset acquired. And he’s far from done. This post appeared first on Hart Energy.
Read More...Formosa Plastics Group unit FG LA LLC will continue early work on a plastics and petrochemicals complex in Louisiana, even as the U.S. Army Corps of Engineers reviews permits that had been issued for the project. Officials with FG in Welcome, La., reached an agreement Nov. 4 with environmental groups that had filed lawsuits to
Read More...Ethanol production dropped to record lows in April when stay-at-home orders were put in place and the industry is still struggling, according to Farm and Dairy. Ethanol production took a hit when people stopped driving and demand fell by half. A recent study conducted by economists from the University of Florida and Arizona State University found ethanol producers will
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