Black Bear Midstream said Tuesday it’s entered into a seven-year gas gathering and processing agreement with an unnamed Cotton Valley producer in Louisiana’s Desoto and Caddo parishes, Kallanish Energy reports. Black Bear will build roughly 20 miles of 16-inch, rich gas gathering pipeline west of its DeSoto Parish, 140 million cubic feet per day cryogenic processing
Read More...Crude oil prices fell slightly Tuesday, with Brent crude remaining near seven-month lows just below $60 a barrel due to growing trade tensions between China and the U.S., Kallanish Energy reports President Trump is vowing to impose new tariffs on Chinese imports, and China is retaliating by making further moves against U.S. agricultural purchases. The
Read More...Chesapeake Energy Corp.’s shares reversed course yesterday, trading down nearly 12% as Wall Street analysts raised concerns about its debt level and the impact of spending on its cash flow, according to Reuters. Concerns of Chesapeake overspending come as investors are pressing oil and gas producers to cut their budgets and save cash for dividends
Read More...The U.S. Government would like to use the principles of blockchain to track crude oil from spigot to importation, and the U.S. Customs and Border Protection (CBP) is looking for pipeline companies interested in testing this project this year. × The concept of using blockchain to track oil has been completed with a few major
Read More...Our pick of the downstream industry news you need to know. × US-China Trade War unlikely to be resolved in 2019 Analysts at Goldman Sachs no longer think the U.S. and China will manage to negotiate a trade deal ahead of the 2020 presidential election. “We had expected a final round of tariffs targeting remaining
Read More...The U.S. shale revolution has led to strong economic growth, reduced air emissions, and falling prices for American consumers. It’s also helped the United States become one of the largest exporters of liquified natural gas in the world. The United States has seen LNG exports skyrocket since the first shipment left the lower 48 states
Read More...West Virginia continues to add to the prolific Appalachian Basin’s status as one of the world’s top-producing natural gas regions. [embedded content] For the 10th year in a row, West Virginia set a new oil and natural gas production record, according to the state Department of Environmental Protection. Between 2017 and 2018, natural gas production
Read More...Butler, Ind. — A molding supervisor at DeKalb Molded Plastics Co. died on Aug. 4, less than a month after he suffered an electrical shock in a July 18 accident at the company’s Butler facility. The company said Larry Griffin Jr. was working around one of the company’s presses, which was not in operation, when
Read More...It appears the Virginia Dept. of Environmental Quality (DEQ) has become politicized. Why is it that leftists (like Va. Gov. Ralph Northam) politicize what are supposed to be impartial government agencies? The DEQ has issued a “stop work” order to Mountain Valley Pipeline (MVP) for construction activities along a tiny two-mile stretch in Montgomery County.
Read More...West Virginia production of natural gas hit a new all-time high record in 2018 of 1.8 Tcf (trillion cubic feet), up from 1.5 Tcf in 2017. That’s an increase of 17%. All thanks to the Marcellus/Utica Shale! This post appeared first on Marcellus Drilling News.
Read More...Two weeks ago MDN brought you news about a newly passed Ohio law (House Bill 6) to prop up two bankrupt nuclear power plants and several coal-fired plants (see Ohio Nuke Bailout Law Means Fewer Natgas-Fired Electric Plants). The law raises electric rates for all Ohioans and threatens to end a number of planned natural
Read More...In March 2017, radical green groups, including the Sierra Club, Lancaster Against Pipelines, Lebanon Pipeline Awareness, Allegheny Defense Project, Clean Air Council, Concerned Citizens of Lebanon County, and Heartwood, filed a lawsuit in the U.S. Court of Appeals for the District of Columbia in an attempt to block construction of the $3 billion Atlantic Sunrise
Read More...Proposed location of Williams Hegins compressor station (click for larger version) Last Friday MDN told you that Williams has just filed a request with the Federal Energy Regulatory Commission (FERC) to build the “Leidy South Project” to expand Transco capacity in Pennsylvania (see Williams Files Leidy South Project with FERC to Expand PA Transco). The
Read More...Tom ShepstoneShepstone Management Company, Inc. … … The Society of Environmental Journalists isn’t about journalism. It’s about spreading the Green Gospel and achieving earthly salvation for the gentry class. What is an environmental journalist? A journalist who writes about the environment? Or, an environmentalist peddling an environmental viewpoint? According to the Society of Environmental Journalists,
Read More...Enbridge Inc has closed the section of its Texas Eastern pipe that killed one person when it exploded on Thursday, so it can work with federal and state officials to investigate the incident, according to Reuters. The explosion occurred near Danville, Kentucky, marking the second so far this year on the Texas Eastern system. The
Read More...