Removing oil and natural gas from the U.S. energy mix could have dire consequences, costing the country $4.5 trillion – or $35,000 per household – according to a new report from energy consulting firm Wood Mackenzie: “For any country to embrace a nationwide transition to 100 percent renewable energy (RE100) or zero carbon (ZC100) emissions
Read More...Kinder Morgan, Inc. (NYSE: KMI), through its subsidiary Hiland Crude, LLC (Hiland Crude), and Tallgrass Energy, LP (NYSE: TGE), through its subsidiary Tallgrass Pony Express Pipeline, LLC (Pony Express), on June 28 announced the start of a binding joint tariff open season to solicit commitments for crude oil transportation service from Bakken origin points on
Read More...Silgan Holdings Inc. is expanding its board by one seat and adding an eighth member. The Stamford, Conn.-based plastic and metal container maker also elected Kimberly Fields to fill the new slot. Her position will be up for election in 2022. Fields is an executive vice president with Allegheny Technologies Inc., a specialty metals company
Read More...Berry Global Group Inc., fresh off its acquisition of RPC Group plc, is changing its operating structure to accommodate a larger business. The Evansville, Ind.-based company will now have four divisions instead of three: Consumer Packaging North America, Consumer Packaging International, Engineered Materials and Health, Hygiene and Specialties. Berry is breaking its consumer packaging into
Read More...U.S. regulators this week temporarily suspended their review of pipeline operator Enbridge Inc.’s proposed crude export facility off the U.S. Gulf Coast, a government filing showed. Enbridge and Oiltanking Partners LP in February sought federal permits to build a deepwater port about 30 miles (48 km) off Freeport, Texas, to export U.S. shale oil. The
Read More...Prospect, Field, Block Well Ft. of net pay/production Operator Depth (ft) Completion date Samurai, Green Canyon Block 432 2OCS G32504 150 ft of net pay (two Miocene zones) Murphy Oil Corp. Drilling32,000 ft Sept. 2018 Mississippi Canyon Block 612 1 (BP) OCS G33166 800 ft of net pay (Norphlet) Shell Oil Co. Drilling29,600Water:7,300 May 2018
Read More...Molder Jabil unveils a short documentary on the importance of materials and recycled content in sustainable packaging. Prices for polyetheylene, polypropylene, PVC and some engineering resins are on the move. This post appeared first on Plastics News.
Read More...Boulder County, Colorado, on June 28 halted accepting new oil and gas drilling and seismic testing permits for nine months, the latest community in the state to enact measures aimed at curbing oil and gas production. Colorado is the fifth largest oil producing state, according to the U.S. Energy Information Administration (EIA). This year Colorado
Read More...The Eastern Eagle Ford Eagle Ford operators east of the San Marcos Arch are getting analysts’ attention. One has seen its stock jump 117% this year. Another said of this side of the downturn, “Now is the fun time.” Here’s the outlook from these Eagle Ford pure players. This post appeared first on Hart Energy.
Read More...Erie, Pa. — The United States remains a bright spot in the global economy, but the plastics business faces challenges of environmental sustainability, negative plastics-in-the-oceans headlines and finding the next generation of workers, economist Perc Pineda said a conference at Penn State Erie, the Behrend college. Pineda, chief economist for the Washington-based Plastics Industry Association,
Read More...Tom ShepstoneShepstone Management Company, Inc. … … The fractivist mindset is a supremely arrogant one that admits no possibility of error, no chance compromise and nothing but pure antipathy toward others. Yesterday, I ran a post by Jim Willis, from the invaluable Marcellus Drilling News, about a Massachusetts environmental judge’s decision to recommend approval of
Read More...Madison WeaverCabot Oil & GasExternal Affairs Intern, Pittsburgh … … Natural gas benefits are many to the environment, our energy security and the economies of both rural and urban areas, but local benefits stand out bigly. Oil and natural gas production doesn’t happen in a bubble; aside from creating new jobs, natural gas production also
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 impact fee distribution, EQT, PPT Cracker Plant and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!
Read More...The number of rigs working in the Lower 48 U.S. states last week rose by a single rig following three consecutive weeks of falling numbers, data from Baker Hughes, a GE company reveals. For the week ended June 28, 931 rigs were working in the Lower 48, up a lone rig from one week earlier,
Read More...Dominion Energy Transmission on Friday withdrew its application filed with the Federal Energy Regulatory Commission for the $48 million, 120 million cubic feet per day (Mmcf/d) Sweden Valley pipeline expansion, Kallanish Energy reports. The transmission arm of Dominion Energy blamed Ferc, saying delay at the commission harmed the project, and the unnamed shipper on the
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