The French government has asked one of its own companies, Engie, to hold off on signing a deal worth $7 billion to buy U.S. LNG from NextDecade’s planned Rio Grande export facility in Brownsville, Texas. It seems France thinks our fracked-gas LNG is too dirty for them.This post appeared first on Marcellus Drilling News.
Read More...There is another new scam being perpetrated on the liquefied natural gas (LNG) sector. It’s called “green LNG.” Supposedly pimple-faced millennial investors are demanding the companies they invest in (with some $110 trillion worth of money) clean up their carbon dioxide emissions or the spoiled kids will refuse to invest. Some LNG companies are going
Read More...MARCELLUS/UTICA REGION: Oil & Gas Industry is invited to attend this Saturday’s TRUMP RALLY!; Virtual town hall on America’s energy future this Friday; OTHER U.S. REGIONS: Texas added 700 oil extraction jobs in September, first uptick since the pandemic started; NATIONAL: TC Energy awards more than $1.6 billion in American Contracts to build Keystone XL;
Read More...... … … Editor’s Note: EVs are PC in places such as California and New Jersey where Democrat governors are eager to buy into Joe Biden’s electric vehicle scheme. New Jersey is following California’s lead in banning the sale of gasoline-powered vehicles by 2035 in line with Democratic Party presidential candidate Joe Biden’s push for
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Lansing is the dying part of Planet Ithaca where no one can get the natural gas they need thanks to NYSEG and pipeline opponents. What is happening in Lansing, NY is absolute insanity possible only in the political correct worlds of places such New York and, especially Planet
Read More...Last week’s Air Quality Control Commission hearing revealed deep ideological divisions among its members, but also an acknowledgement that oil and natural gas should play a crucial role in Colorado’s economy. After the Colorado State Assembly passed HB 1261 in 2019 that mandated reducing statewide GHG pollution 26 percent by 2025, 50 percent by 2030,
Read More...Looks like the rumors were true, at least one of them. Yesterday EQT announced it has cut a deal to buy Chevron’s considerable Appalachian assets for $735 million. The Reuters rumor from September said EQT had offered $750 million (see Sources: EQT Offering $750M for Chevron’s Marcellus/Utica Assets). Also yesterday, EQT floated up to 23
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Something remarkable has happened thanks to Joe Biden, whose fracking debacle has gotten pushback and much deserved media attention. Our former guest blogger, Dan Markind, has moved on to writing some excellent energy columns for Forbes magazine. Dan was always an observer par excellence when it came to
Read More...EQT Corp. wants to acquire rival CNX Resources Corp., according to Kallanish Energy. If realized, the deal would make EQT, which is already the No. 1 natural gas producer in the United States, even bigger. The company recently sent a takeover proposal to CNX; however, no decision has been reached and EQT could decide not
Read More...Roger CaiazzaIndependent Researcher and Publisher,Pragmatic Environmentalist of New York … The 76West competition has spent millions to promote and build clean energy in New York, but it still doesn’t matter near as much as fracking. Governor Cuomo announced this year’s winners of the 2020 76West Clean Energy Competition on October 19, 2020. This post discusses
Read More...Water plays a significant role in the production, transportation, and end-use distribution of all energy resources. Whether it’s used to extract more hydrocarbons from shale rock via hydraulic fracturing or produced as a drilling byproduct – commonly referred to as “produced water” – operators rely upon a fresh water supply to safely and efficiently develop
Read More...ReImagine Appalachia’s plan to revitalize the Ohio River Valley could bring nearly half a million jobs to Ohio and Pennsylvania over the next decade, according to Farm and Dairy. The potential jobs include more than 87,000 jobs in agriculture and land restoration and 233,000 in clean energy. However, the plan hinges on billions of dollars
Read More...Shortly after California emerged from the first rolling blackouts in the state in 20 years, California Gov. Gavin Newsom announced a ban on sales of gas-only cars within 15 years, adding an increased load to the grid. The Golden State is already suffering from inadequate energy supply and without additional reliable energy sources, like natural
Read More...Canada’s oil and natural gas industry, which is largely based in Alberta, is responsible for contributing to Ontario’s economic success, according to new figures from the Canadian Energy Centre. The CEC’s figures, based on survey results from 2016, reveal the oil and natural gas generated more than $7.3 billion in nominal GDP for the Ontario
Read More...... … … Editor’s Note: It’s unclear if Joe Biden has a clear idea about anything, but he certainly doesn’t understand energy or anything about how it’s produced. In his debate with President Trump on October 22, Democratic Party presidential candidate Joe Biden said he would rid the nation of oil and gas—“over time, over
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