MARCELLUS/UTICA REGION: PA Auditor General urges Game Commission to fix its finances, better monitor gas & oil lease revenues; Ohio House approves bill to aid nuclear, coal power plants; NATIONAL: U.S. E&Ps hold line on capex, but production genie out of the bottle as natgas, oil surge; Increased need for oilfield services could tempt majors
Read More...Sonoma, Calif. — Bans, taxes and warm feelings about saving the planet are great, but plastics recycling remains woefully underfunded. That was the sentiment at the Western Plastics Association’s annual conference in Sonoma. “People talk about roads, but recycling is infrastructure too,” said Lee Anderson, director of issues management and state government relations at Minneapolis-based
Read More...Veolia Environment SA’s United Kingdom operations made a £1 million ($1.26 million) investment in its Dagenham, England, plastic recycling facility, near London, in response to growing demand for recycled plastics. A founding member of the United Kingdom’s Plastic Pact, Veolia said it had increased its food grade production by 20 percent to meet the manufacturers’
Read More...Vermont lawmakers have adopted one of the toughest measures in the U.S. against single-use plastic packaging, banning both plastic bags and expanded polystyrene food containers, amid a flurry of activity in other states. California legislators, for example, adopted their own ambitious bills in late May that call on state regulators to create a comprehensive plan
Read More...Tom ShepstoneNatural Gas NOW … … Northeast gas shortages are what really matter when it comes to fighting back against fracking bans, pipeline obstruction and other fractivist initiatives. There is no doubt the Northeast (everything east from Pennsylvania) is at war over natural gas. Fractivists have been able to successfully demagogue the issue in places
Read More...California regulators Thursday approved PG&E Corp.’s plan to impose blackouts this summer across large swaths of its territory to prevent major wildfires — and told customers don’t count on reliable electric service as the fire season gets underway. The California Public Utilities Commission approved PG&E’s “wildfire mitigation plan,” in which blackouts could conceivably hit every
Read More...Crude oil prices plunged Thursday on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war, Kallanish Energy understands. The U.S. Energy Information Administration reported crude stockpiles fell nearly 300,000 barrels last week, less than the 900,000 Bbl decline analysts forecast in a Reuters poll, and
Read More...Columbus Business First compiled a list of Ohio’s top 10 shale oil and gas producers in 2018. The list is as follows: Ascent Resources Utica LLC Gulfport Energy Corp. Rice Drilling D LLC Chesapeake Exploration LLC Antero Resources Corp. Eclipse Resources I LP CNX Gas Company LLC Equinor USA Onshore Properties XTO Energy Inc. Gulfport
Read More...Crestview Partners LP has jumped into the mold and tooling sector — a place where few private equity companies have gone — to purchase Concours Mold Inc., a big Canadian automotive mold maker with a multinational footprint. And the New York-based Crestview wants to buy more mold makers. “Certainly, we’re looking to deploy meaningful capital
Read More...Major mold maker Tooling Tech Group has purchased Alpha Integration Inc., a company in Murfreesboro, Tenn., that provides custom automated assembly and inspection equipment. Tooling Tech announced the acquisition May 30. Terms were not disclosed. Alpha Integration employs about 45 people. The company will continue to operate out of its Murfreesboro location while its business
Read More...Tom ShepstoneNatural Gas NOW … … Coal to gas switching in electric generation has averted 95 million tons of CO2 emissions and reduced them by 15% from what they would have been. Anyone worried about CO2 emissions ought to absolutely love natural gas. Coal to gas switching with respect to electric generation has had a
Read More...Maya van Rossum, who fancies herself as THE Delaware Riverkeeper, has her knickers in a twist. She’s just woken up to the fact that New Fortress Energy, which is building an LNG liquefying plant in northeastern Pennsylvania (see Big News! Marcellus LNG Export Plant Coming to Landlocked NEPA), will truck the LNG to a port
Read More...Antero Resources sued EnerQuest Oil & Gas in a Texas court last year claiming EnerQuest had solicited and received trade secrets for a pair of landmen who live and work in Texas. A lower court dismissed the lawsuit based on a technicality (because the solicitation from EnerQuest came via email), claiming Texas does not have
Read More...Our favorite government agency, the U.S. Energy Information Administration, collects data on all aspects of the U.S. energy industry. We spotted a newly updated spreadsheet issued by EIA that lists all “liquids” pipeline projects from 2010 to the present (and planned into the future). That caused us to look for another spreadsheet EIA produces (also
Read More...Louisiana is a key player in producing and refining America’s oil and natural gas resources, and as such has been the target of “Keep It In the Ground” activism that has particularly focused on an important piece of critical infrastructure: pipelines. Recently, the national interest groups Center for Constitutional Rights and 350.org joined with at
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