This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Range Resources issued its first quarter 2019 update earlier this week. Natural gas liquids (NGLs) were one of the themes of the update and analyst phone call–and no wonder why. The company
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Yesterday the Pennsylvania Senate Democratic Policy Committee held a hearing in Pittsburgh, supposedly on strategies for combating mythical man-made global warming by reducing methane gas emissions. It reality it was an anti-shale
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Timberland Construction (based in Western PA and serving PA, OH and WV), filed a lawsuit in Allegheny County court on Monday alleging it did a boatload of work for an Equitrans pipeline
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. In March a group of Pennsylvania landowners from Lancaster County asked the U.S. Supreme Court to hear a case in which they say they’ve been screwed over by Atlantic Sunrise Pipeline, that
Read More...April 24, 2019 Updated 4/24/2019 Email Print Bill Bregar StackTeck Systems Ltd. showed in-mold labeled packaging at Plastimagen 2019. Mexico City — A roundup of new product announcements from Plastimagen 2019, held in Mexico City April 2-5. HRSflow, the hot runner division of Italy-based Inglass SpA, exhibited at Plastimagen in Mexico, where the company employs
Read More...Excelsior Energy Capital, a leading independent North American renewable energy investor, announced on April 23 that its North American Renewable Energy Fund has closed on the acquisition of 100% of Grupo T-Solar Global USA Inc’s sponsor equity interests in the 25 MWDC El Centro Solar Project, located in El Centro, California. The Project benefits from an
Read More...Surreal moment of this year’s CERAWeek by IHS Markit: OPEC Secretary General Mohammad Barkindo sitting in the press room, questioned about presidential tweets. Navigating carefully around a reporter’s question of whether OPEC is influenced by President Donald J. Trump’s digital screeds/bullying/self-congratulations regarding OPEC, Barkindo said the tweets add “uncertainty” to global markets. Bumpiness ensues when
Read More...April 24, 2019 Updated 4/24/2019 Email Print Plastics News Europe Magna International Inc. A rendering of the planned Magna International Inc. mirror plant in Kenitra, Morocco. Canadian auto parts supplier Magna International Inc. has broken ground on a new greenfield production plant in Kenitra, Morocco, to manufacture exterior and interior automotive mirror systems. Magna, based
Read More...Tom ShepstoneNatural Gas NOW … … The recently released FERC State of the Markets Report, 2018″ report is an update on the progress of the shale revolution as it moves forward claiming new territory. The highlights say it all (emphasis added): Natural gas markets experienced record high demand and supply. Natural gas storage fell to
Read More...Tom ShepstoneNatural Gas NOW … … Andrew Cuomo is clearly trying to position himself to run for President at some point, but his actions show why he’ll never go anywhere outside of New York. Andrew Cuomo is an unusually good demagogue within New York, where city voters dominate and much of the electorate supposes electricity
Read More...Goldman Sachs expects the U.S.’s decision to end exemptions from sanctions for eight countries still buying oil from Iran to have a limited impact on crude prices — even though the timing is likely to have caught energy market participants by surprise. “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived
Read More...Murphy Oil Corp. announced its Murphy Exploration & Production Company – USA unit is acquiring deepwater Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for $1.38 billion in cash, Kallanish Energy reports. Additional contingent consideration payments are based on the following: up to $200 million in the event revenue from certain
Read More...Energy infrastructure company Sempra Energy has completed the sale of its U.S. renewables business and non-utility natural gas storage assets for roughly $2.5 billion in cash, Kallanish Energy reports. The announcement comes with Monday’s completion of the sale of its remaining ownership interests in operating and development-stage wind assets to American Electric Power for $584 million in cash.
Read More...During the week ended April 13, Ascent Resources Utica LLC received 13 horizontal well permits from the Ohio Department of Natural Resources to drill in Ohio’s Utica Shale, according to The Youngstown Business Journal. Ascent secured the permits for well sites in Belmont, Harrison and Jefferson counties in the southern portion of the Utica Shale
Read More...Ohio’s continuously-growing shale energy industry has attracted $74 billion in investments since 2011, according to a study done by Cleveland State University. The study was prepared for JobsOhio and represents the most recent data available, including investments made through the first half of 2018. It showed drilling activity slowed but remained significant in Ohio from
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