Energy Stories of Interest: Wed, Mar 27, 2019

Ohio River Corridor

Energy Stories of Interest: Wed, Mar 27, 2019

This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. MARCELLUS/UTICA REGION: Gas pipeline would ‘rip up the clam beds’ in N.J. for New Yorkers’ sake, foes say; PUCO approves plan to bring natural gas to Belpre; OTHER U.S. REGIONS: Chevron, Exxon

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Best Places to Work: West Michigan Compounding

March 27, 2019 Updated 3/27/2019 Email Print West Michigan Compounding West Michigan Compounding recently donated $2,500 to the Humane Society and also had employees bring in pet food and toys for donation. At plastics recycler West Michigan Compounding, employees are evaluated annually through an internal process called PAED, which stands for Performance Attitude Experience Drive.

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Best Places to Work: Dymotek Corp.

March 27, 2019 Updated 3/27/2019 Email Print Dymotek Corp. Dymotek Corp. is involved in community service efforts such as youth sports, animal shelters, community theater and holiday giving. At Ellington, Conn.-based Dymotek Corp., career training and job advancement tools are emphasized. The thermoplastic and liquid silicone molding company offers employees up to $1,250 per semester

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Kimbell Royalty closes deal with EnCap

Kimbell Royalty Partners said Monday it’s closed the previously announced purchase of oil and gas royalty assets from EnCap Investments for roughly $171.6 million in Kimbell Royalty Operating stock. The acquisition includes oil and natural gas mineral and royalty interests previously controlled by EnCap through Phillips Energy Partners, Phillips Energy Partners II and Phillips Energy Partners

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Yet Another “Golden Year for Gas” Says International Energy Agency

Tom ShepstoneNatural Gas NOW … …  The head of the International Energy Agency has just declared 2018 was another “golden year of gas” worldwide with gas representing almost half of demand. Yes, Dr. Fatih Birol, Executive Director of the International Energy Agency, just said this: “Last year can also be considered another golden year for

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Crudes rise as supply cuts overcome economic worry

Crude oil rose sharply Tuesday as Opec+ supply cuts and expectations of lower U.S. inventories outweighed concern about weaker demand due to a potential worldwide economic slowdown. Brent crude was up 70 cents at $67.89 a barrel, not far from its 2019 high of $68.69/Bbl hit on March 21, Kallanish Energy reports. U.S. West Texas

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Activity stops at Venezuela’s main oil port after blackout

Venezuela’s main oil port of Jose, operated by state-run oil giant Pdvsa, was virtually shut down following a massive power blackout Monday, two oil industry workers and a union leader close to the facility told Reuters. The most recent oil shipment for export, on very large crude carrier Dragon, chartered by Russia’s Rosneft, left the

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3 core challenges the US energy transformation created

More than $200 billion is expected to be invested in U.S. petrochemicals as the region becomes an energy exporter, and this unprecedented growth has created a new set of core challenges for the industry to contend with. × As the U.S. petrochemicals industry investment renaissance continues and both the supply and demand for U.S. plastic

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FERC reviews two pipeline expansions in Pennsylvania

The Federal Energy Regulatory Commission plans to review two pipeline expansions in Pennsylvania, according to Seeking Alpha. Transco’s Leidy South project and National Fuel Gas’ FM100 project will undergo environmental assessments. An environmental assessment rather than a full environmental impact statement can mean a shorter review to arrive at a decision. The Leidy South project

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American NGO Community Insures Nothing Happens in Canada

Stephen HeinsEnergy Consultant“The Word Merchant” … The American NGO community, financed by the likes of the Rockefeller family, is making difficult for ordinary Canadians, insuring nothing ever gets built. The great Vivian Krause has done a remarkably thorough job of detailing the enormous amount of money flowing from the American NGO community to environmental organizations

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Fallout from Keep It in the Ground Tests Falls on New York Supporters

Keep It Grounded In Fact(American Fuel & Petrochemical Manufacturers)      The Con Ed moratorium on new gas connections is creating fallout from the Keep It in the Ground movement that normally supportive New Yorkers don’t like. When Gov. Andrew Cuomo formally banned fracking in New York State in December 2014—which subsequently eliminated 191,800 job

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DRBC Eminent Domain Activity Act Gets Bi-Partisan Committee Approval!

Tom ShepstoneShepstone Management Company, Inc.   Rep. Jonathan Fritz’s DRBC Eminent Domain Activity Act has received a bi-partisan recommendation from the House Environmental Resources and Energy Committee! The DRBC takings bill, has been reintroduced in the Pennsylvania Senate as SB 305, the “Delaware River Basin Commission Eminent Domain Activity Act.” The same bill was also

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Olympus buys Tank Holding, again

March 26, 2019 Updated 3/26/2019 Email Print Tank Holding Corp. Olympus Partners has taken over ownership of Tank Holding Corp., the largest rotational molder in North America. Stamford, Conn.-based private equity firm Olympus Partners has acquired Tank Holding Corp., the rotational molder of tanks, for the second time in a decade. Olmpus is buying North

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