Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Senator Yudichak Speaks His Thoughts on Energy Cabot Oil & Gas Corporation, in cooperation with Penn’s Northeast, the Wyoming County Chamber
Read More...Tom ShepstoneShepstone Management Company, Inc. . … A phony group called the Mama Bear Brigade did a very weird Mariner East pipeline protest yesterday in the middle of a pandemic in still red Delaware County. We love Waylon Jennings here at NaturalGasNOW. He and his Highwaymen pals did a beautiful rendering of “Mamas Don’t Let
Read More...Fuel system supplier Walbro Corp. notified the Michigan Department of Labor and Economic Opportunity that it expects to extend furloughs for some employees at its Cass City, Mich., location due to the impact of COVID-19. The company originally furloughed 164 employees at the location on March 24 and 25 following Michigan’s statewide stay-at-home order. By
Read More...Major plastics investor Pritzker Private Capital has formed an advisory board that includes former PolyOne Corp. and Univar Solutions CEO Stephen Newlin. In a May 27 interview with Plastics News, Newlin said that the advisory board for Chicago-based PPC “really is about adding on to great capabilities that [PPC] already has.” “We can advise on
Read More...Peregrine Energy Partners, headquartered in Dallas, Texas, continues a program to buy royalty rights in the Marcellus/Utica. In January 2019 we told you about Peregrine’s purchase of rights from undisclosed sellers in southwest PA (see Peregrine Energy Buys Royalty Rights in Greene County, PA). In March of this year, Peregrine purchased more rights, in Fayette
Read More...On Wednesday the Pennsylvania Supreme Court heard oral arguments in a case challenging whether or not the state Attorney General’s office has the right to use a consumer protection law to prosecute companies like Chesapeake Energy and Anadarko over royalty payment shenanigans. The law the AG’s office wants to use has never been used that
Read More...For the past month and a half, MDN has brought you rig count data from Enverus (formerly Drillinginfo) each Friday. Last Friday we reported the count had hit a new modern-day low, but that the Marcellus had gained back one of the seven rigs lost over a previous three week period (see Enverus: Drop in
Read More...A new so-called “study” published in the journal Science of The Total Environment claims it has uncovered a link between fracking chemicals in farm water and a rare birth defect in horses. The researchers say this study “could” serve as a warning about fracking and human infant health. Is this it? Were we wrong for
Read More...Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil and produced water gathering (pipeline) systems in six unconventional resource basins, including the Marcellus and Utica. The company concentrates its time and money on four “core focus areas” including the Utica, the Williston (i.e. Bakken), the DJ Basin,
Read More...Two weeks ago MDN brought you the news that consulting powerhouse PricewaterhouseCoopers (PWC), which had been hired to liquidate the assets of Australian company LNG Limited (LNGL), had found a buyer for the Magnolia LNG export project for $2.25 million (see PWC Sells U.S. Magnolia LNG to U.K. Company for $2.25M). Scrub that. The buyer
Read More...MARCELLUS/UTICA REGION: Gas, oil industry working way through pandemic; OTHER U.S. REGIONS: Don’t knock natural gas in Massachusetts; NATIONAL: Chevron to cut up to 15% of staff amid restructuring; David C. Lawler named next chief of bp America; Reservoir commentary: potential implications of long-term shut-ins on reservoir; Natural gas powerburn: fuel switching, summer outlook &
Read More...Adidas and footwear newcomer Allbirds say they’ll join forces to create a show with almost no footprint … at least no carbon footprint. The German athletic gear giant and Allbirds, a direct-to-consumer shoe brand that started six years ago, announced May 28 they would work together to develop a sports shoe. The companies said they
Read More...Dow Inc.’s polyurethanes business will open a new recycling facility with Orrion Chemicals Orgaform focused on end-of-life mattresses. The plant will chemically recycle the mattresses into polyols, and use the raw material in flexible or rigid foam applications such as insulation boards or mattresses. Orrion Chemicals Orgaform is a specialty chemical company headquartered in Semoy,
Read More...U.S. District Judge William Young issued an opinion today on his March decision to remand Massachusetts Attorney General Maura Healey’s lawsuit against ExxonMobil to state court. While some environmental activists touted today’s issuance of Young’s opinion as “another loss in court for Big Oil” (despite the ruling actually taking place several months ago), this narrow
Read More...While 61 percent of mold builders are fully up and running, many manufacturers of the molds used to shape raw materials into plastic products are in rough shape because of the COVID-19 outbreak. Twenty-six percent of the businesses in the mold making industry are at 50 to 75 percent of their pre-pandemic production levels. Another
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