Industry News

Obituary: Dick Devellian, hot runner company co-founder

Jackson, N.H. — Dick Devellian, who co-founded hot runner supplier Kona Corp. in 1978, died May 27 when he was struck from behind by a motor vehicle as he was riding a bicycle. He was 83. Devellian retired in 1991 and moved to Jackson after selling Kona to Berwind Group. The Kona nozzle that he

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Ampacet finds bliss in a difficult 2020

So far, 2020 has been a difficult year in many ways. With that in mind, let’s thank materials maker Ampacet for taking us to a world of Silky Bliss. Silky Bliss is the name of a new line of masterbatch concentrates being made by Tarrytown, N.Y.-based Ampacet. In a news release, officials said that the

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Braven invests $32M in waste plastics pyrolysis plant in Virginia

Braven Environmental LLC plans to invest nearly $32 million in a pyrolysis plant in Virginia to turn waste plastics into fuels or new plastics, Gov. Ralph Northam’s office announced June 2. Braven plans to build the facility in Cumberland County, about 50 miles west of Richmond. A news release from Northam’s office said the $31.7

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Marketed: Texas Panhandle Operated Working Interest Package

The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Clay Petroleum retained the Oil & Gas Asset Clearinghouse LLC to market an operated working interest package in the

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Pipe extruder Flying W seeks help to support expansion to Florida

Glenville, W.Va.-based pipe extruder Flying W Plastics Inc., is considering Jacksonville, Fla., for the site of its second manufacturing plant and an upcoming vote on a $100,000 infrastructure grant could be the deciding factor. Founded in 1984, the privately held company plans to invest $8 million into an existing industrial facility and hire 28 people

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Shell defends Pennsylvania project as outside report questions its viability

Shell Chemical says the development of a major plastics and petrochemicals complex under construction near Pittsburgh remains “important” to its overall global effort, despite a report that questioned its viability. In an email to Plastics News, Michael Marr, Shell business integration lead, responded by saying that Shell’s chemicals business at Monaca, Pa., “enjoys strong fundamentals”

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EPA Update Would Prevent Misuse of CWA On Infrastructure Projects

This week, the U.S. Environmental Protection Agency announced it would update Section 401 of the Clean Water Act, helping to accelerate and promote the construction of critical infrastructure projects. Across the country, New York and other states have misused Section 401 of the Clean Water Act as a means to block and delay oil and

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Rig Count Continues Crash to 311 – Marcellus Loses 1 More Rig

The U.S. onshore rig count continues to collapse. Over the past week another 22 rigs disappeared from the count, mainly located in oil plays (like the Permian). Yet the news continues to be spun as “the bottom appears closer” when the decrease will stop. Really? We don’t see it! Last week the Marcellus (dry gas

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Hopeful Signs for Turnaround in the Marcellus/Utica Industry

One of our favorite M-U reporters, Paul Gough of the Pittsburgh Business Times, went in search of news about Appalachian shale drilling and its future. He found some rays of light. Gough talked with several of our favorite M-U people–CNX CEO Nick DeIuliis, Deep Well Services CEO Mark Marmo, and Range Resources COO Dennis Degner.

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Belmont County, OH Landowner Group a Huge Success

MDN was launched in January 2009, during the heyday of leasing for shale drilling in the Marcellus/Utica region. One of our early focuses was to highlight lease deals by landowner coalitions. (Indeed, it was one such deal, in Deposit, NY, that inspired Jim Willis to begin writing MDN.) These days you don’t read or hear

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Ohio State University Offering Shale Leasing, DMA Webinars in June

Although many landowners in the Marcellus/Utica (at lease those who are interested) have already signed leases to allow shale drilling on and under their property, not all have. And sometimes leases expire with no drilling. Plus, not all landowners have leases that allow pipelines and other development (like solar projects). The Ohio State University Extension

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Mass. AG Loses Her Mind – Asks DPU to Study No NatGas Future

Massachusetts produces most (perhaps all) of its electricity from natural gas-fired power plants and some 3.5 million people in the state use it to heat their homes. And yet MA Attorney General Maura Healey (radical leftist Democrat), in what can only be described as a psychotic break, has demanded the state Dept. of Public Utilities

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Indian Point Situation – Even Worse Than I Thought!

Roger CaiazzaIndependent Researcher and Publisher,Pragmatic Environmentalist of New York … [Editor Comment: Something truly amazing has been revealed about Indian Point; the industrial sized renewable farms that are to replace it aren’t even making power for us!] In April 2017 Governor Cuomo announced the closure of the Indian Point Energy Center by April 2021 and last week

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Abundant Energy Seen as Pennsylvania’s Salvation from Recession

George StarkDirector, External AffairsCabot Oil & Gas      George Stark discusses a Think About Energy event he moderated and the perspectives of the two state senators and the business leader he interviewed. Two Pennsylvania state senators and the president of the Pennsylvania Chamber of Business and Industry (PCBI) met virtually on May 28 to

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