Tom ShepstoneShepstone Management Company, Inc. …. …. Medicine Hat, Alberta, threw a cool $12 million into a solar facility that still cannot compete with natural gas; it’s bitter medicine. This one is a pitch perfect illustration of the foolishness that is the premise green energy can compete with natural gas. It has to do with
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Colder weather? Who knew? The EIA says natural gas use is going up this winter due to this yet again “unexpected” development. The EIA put out a seemingly innocuous Today In Energy post yesterday about projected gas use this winter but it contained a somewhat surprising admission; it’s
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) “ET Go Home” seems to be the message as the Pennsylvania DEP engages in shameless projection against ET to distract from its own failures. The bad blood between Energy Transfer (ET) and the Pennsylvania Dept. of Environmental Protection (DEP) continues. ET’s Sunoco Pipeline subsidiary is desperately trying to complete
Read More...Here are the top news stories covering Canada’s energy landscape: Alberta Nixes Limits on Oil Production, Limits Expire at End of Year The Albertan government recently announced that while it will continue to maintain its regulatory authority to curtail oil production through 2021, it has no plans to set limits over the next year. The
Read More...Dan Dinges, CEO of Cabot Oil & Gas, said last week: “2020 has proven to be the most challenging year for natural gas prices in the last 25 years, resulting from a multi-year trend of overcapitalization of both oil and natural gas assets across our industry.” Indeed. The company released its third-quarter 2020 update on
Read More...Hiber, Dutch satellite Internet-of-Things (IoT) solution startup, has launched HiberHilo, its first end-to-end solution for oil and gas well integrity monitoring on Nov. 2. HiberHilo is also the world’s first subscription service for IoT-enabled remote oil and gas well monitoring and the company will be introducing similar services for other specific use cases in 2021.
Read More...Canadian crude producers are churning out extra barrels to finish their hardest year in decades on a higher note, after Alberta’s government lifted restrictions and as demand for heavy oil surged. Some companies in Canada, the world’s fourth-largest producer, continued to post big losses in the third quarter, swelled by impairment charges related to pandemic
Read More...A new study takes a second look at the U.S. level of responsibility for plastic marine pollution; unexpected seasonal price increases for two resins. This post appeared first on Plastics News.
Read More...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. Anders Opedal, the first engineer to lead state-controlled Equinor, plans to expand the acquisition of acreage for wind power while also utilizing carbon capture and storage (CCS) and
Read More...Early this year, global plastics processors shifted to new production lines to meet unprecedented demand for goods needed to fight the COVID-19 pandemic while keeping their workers employed through periods of lagging demand in other sectors. Those suppliers are still seeing the effects of the pandemic on their core markets, and some have shifted almost
Read More...When you daydream about what retirement will look like, do you think of golf? Gardening? Maybe spending time with the grandkids? Chris Pappas, who stepped down as CEO of materials supplier Trinseo in 2019, is spending it as executive director of FirstEnergy Corp., an Ohio utility that just terminated CEO Charles Jones and two senior
Read More...Forty Under 40: Abdalla Ali, Wayfinder Resources Today’s featured Forty Under 40 honoree is Abdalla Ali, vice president of engineering at Wayfinder Resources, a Houston-based onshore oil and gas company with assets in the Anadarko Basin of Oklahoma. This post appeared first on Hart Energy.
Read More...Propellant-boosted perforating has proven to affordably increase completion and recompletion performance in a wide variety of saltwater disposal (SWD) wells and producers. Advances in integrating propellants with traditional shaped-charge perforating technology have enabled perforating and stimulation operations to be performed in one trip at lower cost than traditional two-step, shoot-and-treat methods. The critical success factor
Read More...The oil and gas industry, particularly the E&P and oilfield services subsectors, have faced significant headwinds over the last few years, most recently with the simultaneous demand destruction resulting from COVID-19 and supply shock from the Saudi Arabia-led price war. These recent events, combined with capital flight out of the industry and demands for capital
Read More...AmericanEnergy Alliance …. …. [Editor’s Note: Donald Trump way surpasses Joe Biden on the energy issues as this comparison of their policies by AEA so vividly demonstrates.] President Donald Trump’s mantra of energy dominance says it all. Trump views American energy resources as strategic and economic assets that will make us stronger at home and across the
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