Industry News

How to Solve the California Electricity Problem: Try Natural Gas!

Tom TantonPresident, T 2 & Associates California has an electricity problem and there are many to blame but the solution in front of all eyes is natural gas as an alternative source of heat. I sit here at my computer this morning after suffering through the latest “PSPS” (public safety power shutoff), which left me

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Values of Ohio River Properties Surging

The deal activity in the Ohio River Valley has been increasing. In the last two years, activity has increased significantly.   ·      Empire Diversified Energy, Inc. acquired equity interest in Tri Modal Terminals in Follansbee, WV. ·      JSW reopened Mingo Junction Steel Works in Mingo Junction, OH with 250 employees and anticipates close to 1,000

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Middle East Turmoil Continues and We Barely Notice: Thank Fracking

Daniel B. Markind, Esq.Flaster Greenberg PC Middle East turmoil never seems to end, but one part of it has concluded thanks to fracking: the impacts on Americans who are now independent of it. Last week, the governments of both Lebanon and Iraq resigned. Seemingly organically, large protests erupted in both countries cutting across the ethnic divide.

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Sound Bite Green Policies Don’t Reduce Emissions; Natural Gas Does

Tom ShepstoneShepstone Management Company, Inc. …. ….  Natural gas has reduced emissions in a big way, but sound bite energy policies focused solely on renewables haven’t says PA Democrat Senator John Yudichak. Democrat State Senator John Yudichak represents Carbon and Luzerne Counties in Pennsylvania. He is a staunch friend of the trades and a fan

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US natural gas exports more than double from 2018

During the first half of 2019, U.S. net natural gas exports averaged 4.1 billion cubic feet per day (Bcf/d), which was more than double the average net exports in 2018 at 2.0 Bcf/d, according to the Energy Information Administration. The U.S. became a net natural gas exporter on an annual basis for the first time

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Regional Economic Development Partnership to Be a Sponsor of the Appalachian Basin Real Estate Conference

Penn Valley, PA (October 29, 2019). Shale Directories LLC announced that Regional Economic Development Partnership (RED) will be an Economic Development Sponsor for the its Inaugural Appalachian Basin Real Estate Conference which will be held December 12th at Oglebay Resort in Wheeling, West Virginia.   “We are pleased to have RED be our first Economic

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Exxon Mobil, FuelCell Energy Expand Agreement For Carbon Capture Technology

Exxon Mobil and FuelCell Energy, Inc. said Nov. 6 they have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. The agreement, worth up to $60 million, will focus efforts on optimizing the core technology, overall process integration and large-scale

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Valicor Environmental Services Expands With Third Wastewater Facility Opened In Houston

Valicor Environmental Services, one of North America’s largest providers of non-hazardous wastewater treatment services, has expanded its leading network of wastewater processing facilities through the opening of its Houston location on Nov. 6. The Houston facility represents Valicor’s third centralized wastewater treatment (CWT) facility in Texas, complementing its existing CWT plants in Robstown (Corpus Christi)

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WhiteWater Midstream expanding Agua Blanca system

Joint venture partners WhiteWater Midstream, MPLX LP, along with lead investor in the Agua Blanca pipeline system First Infrastructure Capital, this morning announced a positive final investment decision to expand the Delaware Basin Agua Blanca system. The expansion includes a 42-inch trunkline that more than doubles system capacity to over 3 billion cubic feet per day

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A&D Transactions From The Week Of Nov. 6, 2019

Here’s a snapshot of energy deals from the past week including the closing of Contango Oil & Gas’ acquisition of White Star Petroleum plus a roughly $1.6 billion county exit by Chevron and Pengrowth’s multimillion-dollar buyout by Cona Resources. This post appeared first on Hart Energy.

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Kickstart: It’s gotta be the shoes

Welcome to Kickstart! This is a new, daily email that will arrive in your mailboxes as you start the day to give you a quick, lighthearted snapshot about what’s happening in the plastics industry, so you’ll be ready to hit the ground running. To opt out of the emails, go to the newsletters tab to

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On The Market Quicklist (Week Of Nov. 6, 2019)

Location/Play Seller Agent BidDue Date AL, Choctaw County MORE Block T Operating LLC EnergyNet 11/6/19 TX, Tyler County MORE Colt Operating LLC EnergyNet 11/6/19 LA, Saint Charles Parish MORE Costa Energy LLC EnergyNet 11/6/19 NM, Lea County (Permian Basin) MORE EverQuest Energy Corp. EnergyNet 11/6/19 NM, Lea County (Permian Basin) MORE EverQuest Energy Corp. EnergyNet

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Green Goblins of Political Correctness Set Up New England for Icy Fall

Tom ShepstoneShepstone Management Company, Inc. …. ….  What’s happening in Rhode Island should be a warning to all of New England; you are headed for an icy fall with respect the energy you need to keep warm. Rhode Island is a state where the green goblins of political correctness hold full sway and determine policy.

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Bison Oil & Gas Partners II Announces Solar Project With Pivot Energy

Bison Energy, LLC, a wholly-owned subsidiary of Bison Oil & Gas Partners II LLC, and Pivot Energy said Nov. 6 the companies have entered into an agreement to develop their first solar project in Arapahoe County, Colo. “Bison is excited to work with Pivot on its first alternative energy project in Colorado.  Bison embraces all

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ICD admits receiving NYSE non-compliance letter

Onshore drilling service provider Independence Contract Drilling (ICD) said Tuesday it received written notification from the New York Stock Exchange that as of Nov. 1, the company is no longer in compliance with NYSE continued-listing criteria, Kallanish Energy reports. Said criteria requires listed companies to maintain an average closing share price of at least $1.00 over 30 consecutive

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