[Editor’s note: This story was updated at 10:26 a.m. CST March 19.] Williams (NYSE: WMB) unveiled plans on March 18 to optimize its midstream operations in the western Marcellus and Utica basins through a $3.8 billion joint venture (JV) with Canada Pension Plan Investment Board (CPPIB). The JV will include Williams’ 100% owned Ohio Valley
Read More...The Colorado House is holding its first hearing this afternoon on the state’s oil and gas bill. The “Boulder Bill” passed through the Senate last week while a blizzard effectively shut down the rest of the Denver Metro area. As a quick recap, the bill would drastically change many regulations governing the oil and gas industry
Read More...March 18, 2019 Updated 3/18/2019 Email Print European Rubber Journal Flexan LLC has introduced a new full-service concept for the development of silicone and thermoplastic medical devices, a move it says will help meet growing demand for these products. Under the new concept, Lincolnshire, Ill.-based Flexan supports the entire value chain, from product development, prototyping
Read More...Opinion: It’s The Demand, Dummy…Isn’t It? World energy demand is bound to be driven by population growth on the other side of the world from Washington, D.C., which seems narrowly focused on controlling energy consumption in the United States and Europe where, as data suggests, it’s already been falling. This post appeared first on Hart Energy.
Read More...March 18, 2019 Updated 3/18/2019 Email Print Reshoring Institute Coates Naples, Fla. — Reshoring has brought some manufacturing jobs back to the U.S., thanks to changes in the global business world and in part to the efforts of industry veterans like Rosemary Coates. Coates is executive director of the Reshoring Institute, a nonprofit consulting group
Read More...March 18, 2019 Updated 3/18/2019 Email Print Don Loepp Dean Trombetta, quality manager for Midwest Resins, at the company’s Roseville, Mich., facility. Roseville, Mich. — Midwest Resin Inc. recently added a mechanical testing laboratory and blending capabilities at its 14,000-square-foot facility in Roseville. The 11-year-old resin distributor is seeing steady growth and is already considering
Read More...March 18, 2019 Updated 3/18/2019 Email Print Plastics recycler and strapping maker Polychem Corp. is being sold. The Mentor, Ohio-based company, which makes both PET and polypropylene strapping, was acquired by The Sterling Group, a private equity firm based in Houston. Polychem, located in the eastern suburbs of Cleveland, has been family owned since the
Read More...Tom ShepstoneShepstone Management Company, Inc. The shale revolution is just destroying its enemies, with record production of natural gas, growing exports and long desired energy security for the United States. The Energy Information Administration (EIA) is out with stunning statistics on the impacts of the shale revolution. The data is simply overwhelming; the shale revolution
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about LNG demand, new compressor stations, PTT cracker plant and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH
Read More...Tom ShepstoneNatural Gas NOW … … Fractivism is nihilism unleashed. It espouses destruction of any existing order with a view toward replacing it with a utopian society led by fractivists. Nihilism is the denial of any meaningful aspects to life. Its adherents typically believe the only thing that matters in the least is power; the
Read More...Victor FurmanUpstate New York Landowner, Shale Gas Activist …. …. Vic Furman and Frank Chernega visited with some Binghamton University students recently and offered them “fracing” spelling lesson and some other insights. This week, Frank Chernega, another guest blogger here at NaturalGasNOW, and I were invited back a second year to talk with Binghamton
Read More...Tom ShepstoneNatural Gas NOW … … New York City Comptroller Scott Stringer says he hates natural gas, the City needs no more of the stuff and it’s a step backward. Does he hate this, too? A few days ago I did a post about about New York City Comptroller Scott Stringer and his opposition to
Read More...Natural gas development in the Appalachian Basin continues to reshape the domestic energy landscape, as recent production reports from the region illustrate. New figures released by the Ohio Department of Natural Resources show production in the Buckeye state set a new state record in the latest quarter. Likewise, a recent report out of Texas shows
Read More...New legislation is making its way through the Texas Senate that could have significant and costly impacts on the state’s record oil and natural gas production, with the potential to raise energy costs for Texans and reduce funding for schools and other public services. As EID’s latest infographic explains, Committee Substitute Senate Bill 421 (CSSB
Read More...Equitrans Midstream Corp’s unit signed a deal worth $1.03 billion yesterday to take control of two pipelines that connect the Marcellus and Utica shales, according to Reuters. EQM Midstream Partners LP will purchase a 60 percent stake in Eureka Midstream Holdings LLC and all of Hornet Midstream Holdings LLC from a fund managed by Morgan Stanley.
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