Friedrichshafen, Germany — The 27th annual Fakuma International trade show slated for October 2021 will be a multi-faceted event with plastics-related projects and products developed to contain COVID-19 under a spotlight along with the industry’s continued focus on recycling. The event organizers at P. E. Schall GmbH & Co. KG and Messe Sinsheim GmbH gave
Read More...Baby Nancy has joined the National Toy Hall of Fame, but other plastic toys — Lite Brite, My Little Pony and Breyer Horses — will have to wait for another year. The Hall of Fame, housed in the Strong Museum of Play in Rochester, N.Y., announced three new inductees on Nov. 5: Nancy, sidewalk chalk
Read More...Selby Bush, head of corporate affairs – North America for BHP Group Plc, is today’s featured Forty Under 40 honoree. In 2008, while working for a presidential campaign, Bush made a career pivot when she accepted a position with the Williams Cos. Inc. as a government affairs representative. She spent the next decade of her
Read More...PDC Energy Inc. recently secured additional permits from Colorado oil regulators, which has given the company at least four more years of activity in the Denver-Julesburg (D-J) Basin despite an increasingly tougher regulatory environment in the state. In a Nov. 4 company announcement, PDC revealed it received approval in September and October related to 32
Read More...... … … Editor’s Note: Boris Johnson, who rejected fracking, now wants to take the United Kingdom right into the wind power trap just like the idiots in California. Boris Johnson, the prime minister of the United Kingdom, has, to get net-zero greenhouse gas emissions by 2050, pledged that offshore wind will power every home
Read More...Almost a whole year after it was originally intended to end, Alberta has officially set an end date to oil production limits the province laid out in 2018. The new date all of Alberta’s oil producers can anticipate ramping up production is the end of December 2020, although the provincial government will maintain its regulatory
Read More...About 36 Bboe gas and 11 Bbbl of oil remain locked across the world, held captive by fiscal terms, access to finance, portfolio prioritization and subsurface issues, a new study shows. The stalled resources comprise nearly 120 discoveries made between 2008 and 2016, according to Westwood Global Energy Group, the U.K.-headquartered oil and gas market
Read More...EOG Resources Inc.’s latest exploration drive has led to a large natural gas discovery at the company’s Dorado prospect in the Austin Chalk and Eagle Ford Shale formations. The Houston-headquartered company said Nov. 5 that the discovery has an estimated net resource potential of 21 Tcf in 700 ft of stacked pay in the two
Read More...Royal Dutch Shell Plc said on Nov. 5 it will shut down its refinery in Convent, La., the largest U.S. facility to close since the coronavirus pandemic first hit and devastated economic demand worldwide. The shutdown, to occur this month, comes after Shell failed to find a buyer. The refinery is the ninth in North
Read More...Consumer product companies will need a “substantial acceleration” of progress around sustainability of their plastic packaging to meet targets they’ve set for 2025, according to a new report from The Ellen MacArthur Foundation. The foundation, which is leading a high-profile effort with more than 250 companies to change how they use plastics, said big consumer
Read More...Energy Transfer (ET), builder of the Rover pipeline project and the Mariner East pipelines here in the M-U region (as well as many other projects across the country), issued its third-quarter update yesterday. The company lost $782 million in 3Q20 versus making a profit of $857 million in 3Q19. Some (most) of the loss was
Read More...MPLX assets (click for larger version) Back in 2015, MarkWest Energy, one of the premier midstream companies in the Utica that built and operated numerous gas processing plants and pipeline systems, sold itself to Marathon Petroleum (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The pipeline subsidiary of Marathon that includes MarkWest is called MPLX.
Read More...The Sierra Club, backed with money from Russia (see Anti-American Sierra Club, NRDC Get Funding from Russia), has filed yet another lawsuit attempting to block construction of the final 8% of Mountain Valley Pipeline (MVP) by asking the courts to overturn the latest permit issued by the U.S. Fish and Wildlife Service (FWS).This post appeared
Read More...click for larger version Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil, and produced water gathering (pipeline) systems in six unconventional resource basins, including the Marcellus and Utica. The company concentrates its time and money on four “core focus areas” including the Utica, the Williston (i.e.
Read More...Last week we were jazzed when noticed the price of natural gas at the NYMEX Henry Hub had soared, up over $0.30 to $3.30/Mcf (see NYMEX Henry Hub NatGas Price Shoots Up to $3.30 for December). Apparently what goes up that quickly can down just as quickly. Yesterday the price closed at $3.05/Mcf. Why?This post
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