Industry News

Arburg marks 25 years in Switzerland

Arburg GmbH + Co KG  marked its 25th year in Switzerland with an open house in Münsingen. About 130 guests attended. Managing Partner Juliane Hehl presented the traditional Arburg anniversary sculpture to Marcel Spadini, managing director of Arburg AG. “Important factors in Arburg’s success story are highly prized by its customers,” Hehl said in a

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Wittmann Battenfeld showing Tempro plus D100 at K 2019

Wittmann Battenfeld GmbH is introducing its Tempro plus D100 temperature controller — an extension of the big-selling Tempro plusD line — at K 2019. There is a demand for pressured temperature controllers for a maximum temperature of 100° C, resulting in the D100. The Tempro plus D100 is equipped with a standard wear-resistant and maintenance-free

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Penn State: PA Oil & Gas Drilling Contaminates 0% of Water Wells

Researchers from Pennsylvania State University, using a new testing protocol that uses existing, affordable water chemistry tests, have tested 20,751 water well samples from wells located near high levels of both conventional and shale oil and gas drilling in PA. The tests show whether or not existing/naturally occurring methane is in the water well, or

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As Risberg Pipe Nears Finish, $474M Plant Locates in Ashtabula

Credit: Erie Times-News (click for larger version) The Risberg Line, a 60-mile pipeline from Crawford County, PA to Erie County, PA, and from there across the border into Ashtabula County, OH, began construction in February (see Construction Begins on “Massive” PA to OH Risberg Pipeline). As the project nears completion, Ashtabula is already seeing the

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Work Continues to Clear Site for NEPA Landlocked LNG Export Plant

New Fortress Energy is in the process of building the first (of two or more) LNG liquefying plants in Wyalusing, PA–nowhere near a shoreline. The company will truck (eventually rail) the LNG to a port located on the Delaware River along the New Jersey shoreline for export to Puerto Rico and other destinations. As we

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Mass. Regulator Blames Cuomo for Blocking Pipelines to New England

In what we would say is an unusual, very public rebuke of New York Gov. Andrew Cuomo, the former chairperson of the Massachusetts Dept. of Public Utilities says that Cuomo is to blame for a near-emergency situation in New England during the winter of 2017/2018 when the region was within two days of a massive

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Legal Sharks Circle in Class Action Against EQT/Rice 2017 Merger

In June MDN told you that the Cambridge (Massachusetts) Retirement System is not happy with their investment in EQT shares of stock, so they’re suing the company (see Mass. Retirement Fund Sues EQT for Plummeting Stock Price). They hope to turn the lawsuit into a class action on behalf of other shareholders. Now a group

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Tesla Solar Debacle Is Explained by Vanity Fair and Walmart

Tom ShepstoneNatural Gas NOW … …  The Tesla solar debacle Is getting a lot of attention from Vanity Fair and a big lawsuit from Walmart. Both make great reading if you’re not Elon Musk. I don’t normally read Vanity Fair and I don’t do a lot of shopping at Walmart, but both these institutions have

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Susquehanna County Landowners Cheer the County’s Good Fortune

Rick HidukManaging Editor of EndlessMtnLifestyles.com … …  Susquehanna County landowners Edwin and Helen Mead have witnessed a renaissance as natural gas has helped them save their homestead and others prosper. Landowners Edwin and Helen Mead credit the natural gas industry for helping them keep their Bridgewater Township, Susquehanna County homestead and providing them enhanced opportunities.

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Enterprise gauges interest in ATEX pipeline expansion to Appalachian Basin

Enterprise Products Partners has started gauging shipper interest in a proposed 50,000 b/d expansion of its ATEX ethane pipeline, according to S&P Global Platts. The proposed expansion would move more materials from the Appalachian Basin to the company’s NGLs storage complex in Mont Belvieu, Texas. Enterprise has been looking to boost deliveries of oil, gas, and

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Bernie Sanders Wants to Prosecute Oil and Natural Gas Companies, But Doesn’t Know What Laws They Violated

2020 Democratic presidential candidate Bernie Sanders is out with yet another climate proposal, this time to prosecute fossil fuel executives for causing climate change. In a tweet, the Vermont senator laid out his plan to go after certain energy companies: Fossil fuel executives should be criminally prosecuted for the destruction they have knowingly caused. #GreenNewDeal

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Wolf’s Severance Tax Dead Again Thanks to Extremist Enviros?

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Tom Wolf’s latest severance tax proposal appears to be failing thanks his radical green friends who will not be satisfied with anything less than a ban. Can it be possible that the shale industry and anti-shale environmentalists (those who irrationally espouse the end of using all fossil fuels) can

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Antero Midstream announces $300-million share buyback plan

Attempting to boost shareholder value, Antero Midstream Corporation has announced a $300-million share buyback program, according to Nasdaq. The company doesn’t expect the program to have any effect on its financial leverage profile. This move is expected to further increase the flexibility of its capital return program. Antero Midstream plans to run the program through

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Upstate New York License Plate Option Offered by Governor Cuomo?

Tom ShepstoneShepstone Management Company, Inc. … … Governor Cuomo, responding to criticism about the limited options available to residents choosing New York license plate designs, offers one for upstate? Andrew Cuomo is receiving some heavy criticism regarding his New York license plate proposal. He is committed to updating New York license plates and has offered

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US Shale Industry Credited with Driving 10% of US GDP Growth

The shale industry alone drove 10 percent of the growth in the U.S. economy’s gross domestic product from 2010 to 2015, according to a new study by the Federal Reserve Bank of Dallas showing how oil and natural gas deliver wins for the larger economy. During the same years, crude oil production jumped from 5.5

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