Industry News

PA Landowners Push for “Royalty Check Stub” Law at NARO Conf

The National Association of Royalty Owners’ national convention has been under way this week in Pittsburgh, wrapping up today. One of the big topics at the event has been a push to get a “royalty check stub” bill passed in Pennsylvania. What’s that? It’s a bill that forces drillers to do a better, more detailed

Read More...

Reaction to Gov. Wolf’s Bonkers Plan to Strangle NatGas Elec Plants

Yesterday MDN told you that Pennsylvania Gov. Tom Wolf has gone completely off his rocker with a power-grab to force PA into a regional alliance to tax natural gas-fired electric plants out of existence (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax). The reaction to his breathtaking power-grab has been swift–on both

Read More...

Riverkeeper Frustrated as D.C. Circuit Stops PennEast Pipe Lawsuit

It’s hard to keep track of the multiple lawsuits filed against every single new natural gas pipeline project in the Marcellus/Utica. But we try! Take the PennEast Pipeline, for example. PennEast is a $1 billion (or $1.2 billion, depending on the source) new greenfield pipeline project from Luzerne County, PA to Mercer County, NJ. PennEast

Read More...

NY Tries to Change the Game re Hudson Valley Gas-Fired Plant

In October 2012, after a rigorous review by New York’s Dept. of Environmental Conservation (DEC), the Cricket Valley Energy Center in Dutchess County was accepted and approved. Construction of the 1,100 megawatt plant (to fed by PA Marcellus gas) began in July 2017 (see Second NY NatGas-Fired Elec Plant Breaks Ground in Hudson Valley) and

Read More...

The Millennial War: Green and Red vs. Civil Society

Aaron PriceDirector of Gas Odyssey and Silent No More … … Aaron Price reflects on Russian history applied to the Green New Deal, with a poem about a future Millennial War where Green ideology destroys civil society. Editor’s Note: Our friend Aaron Price, creator of Gas Odyssey, from Windsor, New York, has written another poem

Read More...

Shell Taps Subsea 7 For Pierce Job Offshore Aberdeen

Subsea 7 has been awarded a sizeable contract by Shell on Oct. 4 for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen. The contract scope involves the engineering, procurement, construction, transportation and installation of a 30 km gas export pipeline, a gas export riser and associated subsea infrastructure, for tie-ins at

Read More...

PGS Commits To Operate Eight Vessels During Winter Period

PGS has disclosed that it is fully booked for seven vessels in Q4 2019, the company said on Oct. 4. PGS has now committed to a multi-client program in West Africa for the eighth active vessel. The program is expected to last more than 100 days and has strong industry funding. As a consequence PGS

Read More...

PetroChina Unit Strikes High Oil, Gas Flows In Deep Tarim Well

An E&P unit of China’s state energy giant PetroChina has drilled into high flows of natural gas and condensate in an exploration well in northwestern region Xinjiang in what could be another major onshore gas find. In a social media posting Oct. 4, PetroChina’s Tarim unit said the Bozi-9 well in the Tarim Basin yielded

Read More...

Rev-A-Shelf buys Sidelines

Louisville, Ky.-based Rev-A-Shelf LLC, the maker of residential storage products that is a division of custom injection molder Jones Plastic & Engineering Co. LLC, has acquired Sidelines Inc., a maker of metal closet organizers such as racks for ties, belts and plants, and pantry items like wire racks for wine and spices. Sidelines is based

Read More...

Malaysia’s Petronas Sets Up $350 Million Venture Capital Fund

Malaysia’s state energy firm Petronas said on Oct. 4 it had set up a $350 million venture capital arm for industrial and energy investments. The newly launched Petronas Corporate Venture Capital will look to invest in startups in advanced materials, specialty chemicals as well as those involved in the future of energy, Petronas said in

Read More...

Subsea 7 Acquires 4Subsea

Subsea 7 said Oct. 3 it has acquired 4Subsea, a leading provider of technology and services that delivers key decision support to oil and gas and offshore wind operators worldwide. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team. 4Subsea’s Peter Jenkins will continue in his role as CEO of

Read More...

DSM among firms advancing engineering resins at K 2019

Royal DSM and other engineering resin makers will be at K 2019 with new high-performance materials. DSM — Hall 6, Booth B11 based in Geleen, Netherlands — will show how it’s developing innovations to address the needs of its customers and tackle the world’s major challenges, officials said in a news release. In metal replacement,

Read More...

BP names Bernard Looney as Dudley’s successor

BP’s board of directors announced today CEO Bob Dudley will retire on March 31, 2020 and will be succeeded by Bernard Looney – who currently heads BP’s Upstream, Kallanish Energy reports. Dudley decided to step down as group chief executive and from the BP Board following delivery of the company’s 2019 full year results on

Read More...

US crude oil exports continue growing in first half of 2019

U.S. exports of crude oil rose to average 2.9 million barrels per day (Mmbpd) in the first half of 2019, an increase of 966,000 b/d from the first half of 2018, the Energy Information Administration reports. U.S. crude oil exports also set a record-high monthly average in June, at 3.2 Mmbpd, Kallanish Energy learns. Despite

Read More...

Pa moving ahead with power plant emission caps

Pennsylvania Gov. Tom Wolf’s administration is working to bring the state into a regional consortium of states that sets a price and caps on greenhouse gas emissions from power plants, part of the Democrat’s agenda to fight climate change, Kallanish Energy reports. Wolf made a formal announcement Thursday that he’s ordering a start to the

Read More...