Industry News – Page 864 – Ohio River Corridor

Mexico’s Alpek to buy NOVA’s EPS plants; Braskem PP sales back to normal; Sept. data shows retail recovery, construction strenght; Ontario makes business easier for petrochemicals

October 26, 2020
News

News Briefs × Mexico’s Alpek to buy NOVA’s expandable styrenics business Mexico-based Alpek agreed to buy from NOVA Chemicals Corp. their expandable styrenics business through the purchase of BVPV Styrenics, which ows assets including a 123,000 tonne/year expandable polystyrene (EPS) facility in Pennsylvania. The Monaca, Pennsylvania plant also has capacity to produce 36,0000 tonnes/year of

26 October

Everyone Knew: Story On Automakers Reaffirms Broad Understanding Of Climate Change

October 26, 2020
News

Automakers are the latest to be named to a growing list of major industries, companies and groups who activists claim apparently knew about climate change individually but hid that information from the public. Yes, that’s right. First Exxon Knew, then Shell knew, then the utilities knew. But this begs the question, if “everyone knew” then

26 October

Snitz Creek Spill of Harmless Bentonite Sends DEP Into Silly Snit

October 26, 2020
News

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) PA DEP hassles Mariner East 2 pipeline project over Snitz Creek spill of what amounts to harmless kitty litter. Once again the Mariner East 2 pipeline project is up Snitz Creek…without a paddle? There have been a number of “inadvertent returns” or mud spills in Snitz Creek, place where

26 October

Shale Gas News – October 24, 2020

October 26, 2020
News

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about natural gas-fired generators, Joe Biden, Cabot production and much more last week. The Shale Gas News has grown again to the Williamsport

26 October

Biden Plans for Green New Deal Offer Devastating Future

October 24, 2020
News

Paul DriessenCommittee For A Constructive Tomorrow …. …. Joe Biden, while denying it, has proposed a Green New Deal that would be nothing less than disastrous for Americans and others. Some 90% of all US wells are now hydraulically fractured. Fracked wells in shale formations open up vast supplies of oil, natural gas and petroleum

24 October

Texas Supreme Court Asked To Allow Discovery Of Leading Plaintiffs’ Attorney, California Municipalities

October 23, 2020
News

ExxonMobil is urging the Texas Supreme Court to restore a trial court ruling that would allow it to conduct pre-suit discovery to examine an alleged conspiracy involving leading plaintiffs’ attorney Matt Pawa and the California municipalities suing the company for climate change impacts. In a petition filed on October 5, the company asked the state’s

23 October

EIA: US oil output to drop to 7.69 million bpd in shale fields next month

October 23, 2020
News

Experts are anticipating the biggest U.S. shale oil production drop since May, according to the U.S. Energy Information Administration’s most recent monthly forecast. Output is expected to decline by 123,000 barrels per day (bpd) in November to about 7.69 million bpd. Furthermore, overall output is expected to drop for the third straight month and is

23 October

ICYMI: Fracking Has Taken Center Stage This Election Cycle

October 23, 2020
News

The future of U.S. energy is an important topic this election cycle – and always – as candidates debate on the best path forward to enhance energy security, reliability, affordability and reduce energy-related emissions. This has especially been evident in the recent debates and the sheer number of times the candidates have talked about fracking

23 October

NextDecade LNG contract with Engie in danger

October 23, 2020
Uncategorized

The French government has asked Engie SA not to sign a $7 billion deal for U.S. liquefied natural gas (LNG) with NextDecade Corp. over concerns that its U.S. shale natural gas is too dirty, Kallanish Energy has learned. The request came last month from the French economy ministry, and Engie said it is studying the

23 October

EQT reports $601M loss in 3Q 2020

October 23, 2020
News

EQT, the largest producer of natural gas in the United States, reported a net loss of $601 million or $2.35 in the third quarter 2020, Kallanish Energy reports. That compares to a loss of $361 million or $1.41 per share in 3Q 2019. That loss was smaller than had been expected with lower operating costs

23 October

IEA: Natural gas to bounce back from COVID impact

October 22, 2020
News

Despite the ongoing economic impacts of the coronavirus and its effect on oil and natural gas demand and investments, analysts believe natural gas will bounce back and possibly even show significant growth, according to the International Energy Agency (IEA). Energy demand is expected to drop by 5% in 2020, and oil and gas investments are

22 October

Reviewers, Findings Undercut New Oil & Natural Gas Radon Study’s Claims

October 21, 2020
News

Radon is the second leading cause of lung cancer in the United States and is found in high concentrations in homes, schools and businesses across the country. Despite its long prevalence in regions such as Appalachia, researchers continue to attempt to link the gas, and its known health impacts, to more recent unconventional oil and

21 October

RMI New Electrify-All City-Focused Report Omits Natural Gas Reality

October 21, 2020
News

As part of ongoing efforts to force U.S. consumers to get rid of their natural gas appliances, a new Rocky Mountain Institute report compares costs and emissions between mixed-fuel and all-electric households in selected cities across the United States. The city-focused report nebulously presents data on both the up-front costs when buying a house and

21 October

Gulfport Energy expected to file for Chapter 11 protection

October 21, 2020
News

Gulfport Energy, a major player in Ohio’s Utica Shale, is expected to file for a Chapter 11 reorganization in the coming days, Kallanish Energy has learned. The company, its revolver lenders and unsecured bondholders are expected to seek approval for a restructuring support agreement that includes debtor-in-possession financing. The Oklahoma-based company is dealing with about

21 October

Gulfport discusses restructuring with lenders

October 21, 2020
News

Gulfport Energy Corp. recently revealed in a regulatory filing that it’s been in discussions with its lenders about filing for bankruptcy, according to Natural Gas Intelligence. Furthermore, Gulfport entered a 30-day grace period to defer an interest payment that was due Thursday on its 6% unsecured note due 2024. During the grace period, the company

21 October