Industry News

Processors urge EU countries to reject budget targeting unrecycled packaging

European Plastics Convertors (EuPC) has urged European member states to reject a budget proposal by the European Commission which introduces national contributions based on unrecycled plastics packaging for the multiannual financial framework 2021–27.  Among others, the organization claims the legislation will discriminate against plastics, disrupt free market choices and favor other materials for packaging applications with potential

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Oct. 7, 2019

The digital edition Oct. 7, 2019, issue of Plastics News is now available to download. In this special issue of PN we mark our own anniversary year, as well as the growth of the plastics industry during that time, from the growth of polyethylene, the use of plastics in award-winning car parts and to the companies leading the rankings

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Energize PA Seeks to Build on Pennsylvania’s Natural Gas Abundance

Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … Energize PA is a proposal to move the Commonwealth to still higher ground in the competition for life-fulfilling jobs and truly sustainable communities. Cabot Oil & Gas Corporation, the Pennsylvania Manufacturers’ Association, the Northeast PA Manufacturers & Employers Association and the Greater Hazleton Chamber of Commerce

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IndustryVoice: White Paper: Increasing Well Delivery Efficiency Through AI-powered Scheduling

“Well delivery scheduling” is the process of scheduling the resources and activities related to delivering producing wells to an organization. It includes not only drilling, but also permitting, pad and facility construction, frac/completion, and POL activities. Well delivery scheduling is a complex and critical process, with substantial economic impact. Done well, it maximizes the efficient

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Shale Gas News – October 5, 2019

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 property taxes, National Grid, Wolf’s climate plan and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!

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US coal giant faces default

U.S. coal giant Murray Energy Corp., led by the outspoken industry promoter Robert Murray, is nearing default, Kallanish Energy reports. Murray, which bills itself as the U.S.’s largest privately-held coal company, failed to make multiple payments to lenders last week, the Ohio-based company said, in a statement. Creditors have agreed not to take legal action until

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Working-rig count keeps falling

The number of rigs working onshore in the Lower 48 U.S. states last week maintained its downward stride, falling for the 14th straight week, and the 24th of the last 26 weeks, Kallanish Energy calculates. For the week ended Oct. 4, 823 rigs were working, down six rigs from the previous week, according to Baker

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Has the US shale oil boom peaked?

Has the technology that drove the U.S. shale boom finally peaked? One thing is clear, oil production is leveling off as innovation plateaus, according to a recent article by The Wall Street Journal. U.S. oil production increased by less than 1% during the first six months of 2019, according to the Energy Department. Over the same

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BP’s Bernard Looney Takes Oil Major Into Energy Transition

Looney, who has a reputation as a strategic thinker, will need to decide which direction to take the energy major as it prepares its next five-year strategy beginning in 2021. Anjli Raval, Financial Times Sun, 10/06/2019 – 03:39 PM This post appeared first on Hart Energy.

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Johan Sverdrup Is On Stream In North Sea

Equinor and the Johan Sverdrup partnership consisting of Lundin Norway, Petoro, Aker BP and Total, said Oct. 5 production has started from the giant field in the North Sea. The startup comes more than two months ahead of and NOK 40 billion (US$4.38 billion) below the original estimates for development and operation. “Johan Sverdrup coming on

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Penn Future and Friends Launch Political Attack on Southeast PA Reps

Tom ShepstoneNatural Gas NOW        A “strategic ally” of Penn Future, supported by two private foundations, has launched a dirty political attack on six Southeast Pennsylvania lawmakers. Conservation Voters of PA just engaged in some very dirty politics, targeting six Republican lawmakers in Southeast PA, who they want to replace with Democrats, with a

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Natural Gas Now Best Picks of the Week – October 5, 2019

Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW 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. Disingenuous Daylin Leach Proposes PA Fracking Ban I’ve met Senator Pennsylvania Senator Daylin Leach. Indeed, I have testified

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Major PET recyclers exit APR over recycled content laws

Two prominent PET recycling companies are leaving the Association of Plastic Recyclers, arguing that the sector’s main trade group is not providing strong enough support on issues like recycled content legislation. Verdeco Recycling Inc. and CarbonLite Industries LLC — who lobbied heavily for a tough recycled content law that passed the California Legislature in September

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Tessy Plastics considering $20M clean room investment

After greatly expanding its clean room capacity for medical molding, Tessy Plastics Corp. could be adding even more, as the central New York custom molder is considering a $20 million investment. The Central New York Regional Economic Development Council has made the Tessy expansion project one of its 30 priority projects for the latest round

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USGS Says Utica has More Recoverable Shale Gas than Marcellus!

The U.S. Geological Survey (USGS) released a bombshell of a report yesterday. Two reports, actually. USGS periodically updates its estimates of how much oil and natural gas is still not accessed but is “technically recoverable” in various shale plays. The last time USGS evaluated the Marcellus and Utica plays was in 2011, when the two

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