At dinner the other evening (while my paper straw turned to mush, a topic for another day!) we were discussing the impact of the United States shuttering coal power plants. Along the Ohio River we have the Bruce Mansfield Power (2,739MW), Sammis Plant (2,454MW), Pleasants Power (1,368MW) and the Conesville Power Plant (1,727MW) outside of
Read More...Land along the Ohio River has become a hot commodity. We are seeing a considerable amount of activity for properties and terminals along the river with existing barge cells and loading docks. Historically in Eastern Ohio / West Virginia Panhandle Terminals we see aggregates, steel, agriculture, coal and petrochemical movement. Perhaps the time has come
Read More...Shale Directories and the Canton Regional Chamber of Commerce will be producing their 7th Annual Utica Summit on October 10th at Walsh University in North Canton, Ohio. The year’s conference will feature the following speakers: Shell Cracker Plant Update | Michael Marr, Senior Communications Leader Oil and Gas Infrastructure in the Appalachian Basin | Charles
Read More...Victor FurmanUpstate New York Landowner, Shale Gas Activist …. …. The 9/11 attack on the Twin Towers 18 years ago brought us together but now we’re as far apart as ever. Let’s rally around the energy security we now have. I was sitting in the cafeteria having breakfast with others at work when shortly
Read More...his often provocative comments are well thought out. And, it won’t hurt his feelings if you disagree. I’ve known Bryce since 2002 when he wrote “Pipe Dreams, Greed, Ego and the Death of Enron.” A native of Tulsa, Okla., he has written several other energy books including “Power Hungry, The Myths of ‘Green’ Energy and
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) The unanimous FERC vote on the Constitution Pipeline tells us the agency has chosen to take over from Andrew Cuomo. Is it what he wanted? Or, are they angry? Just prior to taking a long Labor Day holiday weekend, MDN brought you news that the Federal Energy Regulatory Commission
Read More...EQT Corp. said Tuesday it’s cutting its workforce by 23% — 196 positions – and chopping departments to 15 from 58 – all designed to improve operational effectiveness, and create a more efficient, nimbler organization. The workforce reduction will save roughly $50 million in general and administrative expenses annually, Kallanish Energy reports. All actions announced
Read More...Baker Hughes, a GE company (Bhge) announced Tuesday General Electric and its GE Oil & Gas US Holdings I, GE Holdings (US), and GE Oil & Gas US Holdings IV units have begun a secondary offering of 105 million shares of Bhge Class A common stock. The offering’s underwriters will have a 30-day option to
Read More...Iraq will immediately comply with Opec production cuts after months of overproduction, its oil minister told CNBC Tuesday. The second-largest crude producer in the 14-member cartel is known to chronically overproduce even as the group tries to curb output to help prop up prices, Kallanish energy reports. In August, Baghdad reported its highest oil production on
Read More...General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate’s stake in the oilfield services provider to less than 50%, Baker Hughes said on Sept 10. Shares of Baker Hughes, in which GE owned an about 50.4% stake as
Read More...Dry gas production rebounded this week and averaged at 93.1 billion cubic feet per day (Bcf/d), a week-on-week increase of 0.20 Bcf/d or 1.4 Bcf. Demand from the power generation sector has increased by 1.73 Bcf/d to 38.6 bcf/d in the report week versus the prior report week. However demand from other major sectors appears to have
Read More...U.S. dry natural gas production will rise to an all-time high of 91.39 billion cubic feet per day (Bcf/d) in 2019 from a record high of 83.39 Bcf/d last year, the Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Sept. 10. The latest output projection for 2019 was up from
Read More...Brazil auctioned off the exploration rights to 33 minor onshore and offshore oil and gas blocks on Sept. 10, in what authorities framed as a bid to boost the industry outside of the nation’s core, offshore presalt play. At an event in downtown Rio de Janeiro, firms that included the Brazilian unit of Exxon Mobil
Read More...Las Vegas-based holding company Westfall Technik Inc. added a 6,000-square-foot clean room to a facility in Ciudad Industrial Nueva, Mexico, that it acquired with AMS Plastics Inc. in March 2018. The expansion at the 75,000-square-foot facility about 2 miles from the U.S. border near Tijuana includes new electric molding machines and assembly lines for bagging,
Read More...Grove City, Ohio — Auto parts injection molder and blow molder Tigerpoly Manufacturing Inc. plans to invest $10.7 million in its Grove City operations. The plant is the Osaka, Japan-based company’s only U.S. manufacturing site. The plans, disclosed Sept. 9, will add 105,000 square feet of space to the company’s 32-year-old Grove City facility and
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