The volume of working natural gas injected into storage in the Lower 48 U.S. states the week of May 3, slowed from the previous week’s triple-digit increase, but marked the sixth straight week of volume increases, the Energy Information Administration reported. During the latest survey week, 85 billion cubic feet (Bcf) of working gas was
Read More...The three municipalities affected by last September’s gas explosions have reached an $80 million settlement with local gas distribution company Columbia Gas of Massachusetts, Kallanish Energy reports. Of that amount, 50% will go to Lawrence, 30% to Andover and 20% to North Andover. The utility has already paid $67.1 million of the total settlement amount to
Read More...Dominion Energy recently announced plans to resume work on the Atlantic Coast natural gas pipeline from West Virginia to North Carolina in the third quarter to have it completed by early 2021, according to Reuters. However, the company still needs to resolve two major legal challenges before it can complete the pipeline, which was put
Read More...Betty SutliffWayne County LandownerUDRBC Secretary Betty Sutliff, retired public school teacher and UDRBC secretary provides a lesson on the DRBC injustice, getting woke, staying frosty and other Millennial stuff. According to Steven Pratt, B.A. English and Teaching English as a Foreign Language, at the University of Utah, to be “woke” means you know what’s
Read More...Technical and economic issues facing the offshore market were the core topics discussed during OTC’s “Around the World Series: France” panel discussion where leaders of France’s oil services sector gathered on Tuesday, May 7. The session, which was divided into three panels, began with a welcome address by Michel Hourcard, president and CEO of Total
Read More...Robert Bradley, Jr.Founder and CEO of the Institute for Energy Research … . .. The global warming cause is being destroyed by the irresponsible use of political scare tactics in the hands of the immature and greedy who can’t face facts. Wise alecks on social media noted with amusement how Beto O’Rourke recently claimed humans had
Read More...HOUSTON–Occidental Petroleum CEO Vicki Hollub on May 10 touted her $38 billion deal for Anadarko Petroleum Corp. and defended the pricey terms she negotiated in a 90-minute session with billionaire investor Warren Buffett to secure the deal without seeking shareholder approval. Hollub, 59, beat out larger rival Chevron Corp. with a long-shot bid that some
Read More...Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on May 10 it would file for Chapter 11 bankruptcy protection. The company, which at its peak was valued at more than $50 billion, never recovered from the 2014 oil price collapse. Efforts under CEO Mark McCollum to
Read More...In case you missed it, we look this week’s activity highlights around the world. Among the recent highlights: Exxon Mobil has begun drilling #1-Haimara exploration well in offshore Guyana. The wildcat is about 31 km east of #1-Pluma discovery in the southeastern part of the Stabroek Block. Read more. ConocoPhillips subsidiary Burlington Resources Oil &
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … Local officials from across Susquehanna County discussed water trucks, traffic, safety and even a Museum of Natural Gas at a Cabot sponsored get-together. Township supervisors and borough council representatives from across Susquehanna County were largely positive about the professionalism and good manners of drivers working for both Cabot
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Our 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. Lansing Town Board Deals with Looney Lansing Moratorium Our buddy Jim Willis picked up on this crazy story about the
Read More...May 10, 2019 Updated 5/10/2019 Email Print UN Web TV Rolph Payet, executive secretary of the Basel, Rotterdam and Stockholm Conventions, a U.N. agency., speaks during a May 10 news conference. Hoping to slow plastic pollution in the environment, members at a high-level United Nations meeting May 10 decided to include plastic waste in a
Read More...May 10, 2019 Updated 5/10/2019 Email Print Techmer PM Techmer PM has added production to meet increased demand for large-scale 3D printing materials. Materials maker Techmer PM has added a major production line in Clinton, Tenn., to handle a growing market for large-scale 3D printing. In a May 8 news release, officials with Clinton-based Techmer
Read More...May 10, 2019 Updated 5/10/2019 Email Print An investment group acquired Birmingham-based thermoformer Reliable Formed Plastics LLC on May 3. Terms were not disclosed. The five-member investment group includes company founder Rick Turman, who will remain with Reliable Formed Plastics as president. New team members include Finance Director Michael Orme and Operations Director Matthew LePere.
Read More...Natural gas will play a major role in the U.S. power market and wider economy through 2040, according to a new study from the Interstate Natural Gas Association of America (INGAA) Foundation. The study, The Role of Natural Gas in the Transition to a Lower-Carbon Economy, examines the role natural gas will play in two
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