This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week the Mountain Valley Pipeline project, being built by Equitrans Midstream, got a boost from the West Virginia Dept. of Environmental Protection (WVDEP). WVDEP has submitted a revised stream/river crossing permit
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week we brought you the news that President Trump is considering a waiver to the 1920 Jones Act for LNG to be shipped from port to port in the U.S., even
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Two weeks ago MDN told you the Pennsylvania House Environmental Resources and Energy Committee approved a series of five bills that restore some sanity in how environmental regulations are made and paid
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Pennsylvania Dept. of Environmental Protection Secretary Pat McDonnell will get his day in court, or rather, his day in a reconfirmation hearing–on May 8. We previously wrote about the delay of McDonnell’s
Read More...May 2, 2019 Updated 5/2/2019 Email Print Minneapolis-based medical device maker Medtronic Inc. is laying off workers in its cardiac and vascular group, including up to 100 salaried and hourly employees in Santa Rosa, Calif., and a smaller undetermined number in Minnesota. The company is a subsidiary of Dublin, Ireland-based Medtronic plc, which is the
Read More...“Keep It In the Ground” activists apparently don’t want to see our European allies enjoy a safe and reliable supply of energy. Food & Water Watch Europe (FWWE) recently sent an open letter to the European Commission and U.S. Department of Energy requesting a halt to U.S. liquefied natural gas exports to the European Union.
Read More...MPLX LP which recently announced it is evaluating underground NGL storage caverns at its Hopedale, Harrison County Ohio, complex, will be one of the speakers at the 3rd Annual Appalachian Storage Hub Conference. MPLX will provide its latest assessment regarding underground storage in Hopedale. Underground storage will be an important component in the development of the petrochemical/chemical industries in
Read More...Royal Dutch Shell reported on May 2 a small drop in first-quarter profit to $5.4 billion, but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings. Shell’s results outshone those of rivals Exxon Mobil, Chevron and BP which all saw sharp declines in profits in the first three months of the year as a result of lower refining margins and weaker crude
Read More...Equinor will shut down production at its ageing Statfjord A platform in the North Sea in 2022, the Norwegian oil and gas company said on May 2. One of the oldest platforms on the Norwegian Continental Shelf, Statfjord A was originally scheduled to be decommissioned in 1999, but its lifespan was extended several times. Equinor
Read More...U.S. oil and gas producer Apache Corp. missed analysts’ estimates for quarterly profit on May 1, as lower crude and natural gas prices offset higher output from the Permian Basin in the U.S. and the U.K. North Sea. Average price per barrel of oil fell 10%, while gas prices dropped 17% per cubic feet in
Read More...TGS has signed an agreement with a major international oil company to perform cloud-based data management services leveraging TGS’s first-in-class Data Lake platform, the company said on May 1. This service will allow E&P companies to reduce cycle times from purchase to value creation through on-demand data delivery, while also streamlining their data management processes.
Read More...Tallgrass Energy Wednesday announced the Hereford Project, roughly 30 miles of new pipeline, plus expanded capacity on the Pony Express system, Kallanish Energy reports. The new project is designed to support crude oil production in northern Weld County, Colorado, near the Wyoming-Colorado border. Sufficient interest arose during Pony Express’ existing open season for expansion capacity from
Read More...HOUSTON—It wasn’t long ago that the United States dealt with a perceived energy scarcity. But Deputy Secretary of U.S. Department of Energy Dan Brouillette said the country is far removed from those concerns now. The U.S. is now a world leader in the production of oil and natural gas and currently exports LNG to more
Read More...Crude oil prices slipped Wednesday after U.S. crude inventories soared to their highest point in 19 months, as production set a record, Kallanish Energy reports. The declines were somewhat tempered by the intensifying crisis in Venezuela and Washington’s stopping Iranian oil sanction waivers as of Wednesday, with the fall in the global Brent benchmark more
Read More...Oilfield services firm Baker Hughes, a GE company, delivered what chairman and CEO Lorenzo Simonelli called a “solid” first quarter, due to stabilizing global oil and natural gas markets, Kallanish Energy reports. “The U.S. rig count dropped slightly less than expected, and international activity remained steady; the LNG market is very active,” Simonelli said. During
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