Tom ShepstoneShepstone Management Company, Inc. If you want to appreciate just how much damage Andrew Cuomo has done to New York take a quick look at the machinations of his Public Service Commission. Last month, as the potential for a moratorium on natural gas connections in the New York City metro area loomed, the New
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the PennEast pipeline, ConEd moratorium, Connecticut solar and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!
Read More...The Canada Pension Plan Investment Board is forming a $3.8 billion joint venture with U.S. energy firm Williams Cos Inc, according to NASDAQ. The new entity will hold pipeline assets in the Marcellus and Utica shale plays. CPPIB, Canada’s largest pension fund, will invest about $1.34 billion for a 35 percent stake in the venture,
Read More...Tom ShepstoneShepstone Management Company, Inc. GE will provide its record-setting HA gas turbine, the company’s most advanced and efficient technology ever, for a new energy project in Eastern Ohio. Fortress Transportation and Infrastructure Investors LLC is developing a project known as the Long Ridge Energy Terminal in Eastern Ohio. It will, according to the company,
Read More...Two associations representing business interests in the Canadian city of Victoria recently wrote letters to the city’s mayor, Lisa Helps, asking her to back away from a resolution calling for a class-action lawsuit from local municipalities demanding payment for climate related damages to local infrastructure. The Victoria lawsuit would have many hurdles to clear and
Read More...A new wave of aggressive anti-oil and natural gas legislation is cropping up in several states, driven by national “Keep It In the Ground” (KIITG) groups that have failed numerous attempts at the federal level to restrict development. Emboldened by the introduction of the “Green New Deal”, KIITG groups have made it clear that nothing
Read More...Yesterday’s decision echoed similar actions Adams County took ahead of the 2018 election, when Proposition 112—or the mandated 2,500-foot setback—was on the ballot. This time, commissioners chose to put a stop to oil and gas activity in anticipation of a rush of permits being filed before SB-181 passes the state legislature and goes into effect. The move
Read More...Hilcorp Energy Co.recently applied for three permits related to horizontal well development in Columbiana County, according to the Ohio Department of Natural Resources. Hilcorp has submitted applications for a pair of new horizontal wells in Elk Run Township at the ElkRun-Auer well pad targeting the Utica/Point Pleasant shale formation. The first of the three permits
Read More...Earthquake activity in Oklahoma declined for the third straight year in 2018 even as oil and natural gas development increased in the area, according to the latest data from the U.S. Geological Survey. As EID’s updated infographic shows, seismic activity decreased by a whopping 83 percent – falling from a peak of 887 earthquakes in
Read More...Surging production that made 2018 a banner year for U.S. oil and natural gas is carrying into the new year, data show. Success in shale development across the country spurred natural gas production to hit a new record high in 2018 for the second consecutive year. Meanwhile, oil production continues to outpace 2018’s record highs
Read More...District of Columbia Attorney General Karl Racine’s investigation of ExxonMobil over climate change has opened the door to hedge funds and other monied interests to directly profit from the #ExxonKnew campaign. Last week, Racine went public with his plans to begin a formal inquiry into the energy company’s business practices. Racine is not the first
Read More...Early on in the March 20 lease sale for blocks in the U.S. Gulf of Mexico (GoM), it was apparent that Royal Dutch Shell Plc would be among the most dominant players vying to land winning bids on some of the more than 14,600 blocks offered. The Netherlands-headquartered company placed multiple bids, mostly unchallenged, in
Read More...DALLAS—For one Rice brother, the growing activist feud between EQT Corp. has been uncomfortable. Unlike his brothers Toby and Derek, former Rice Energy CEO Daniel Rice joined the EQT board following closing of his company’s merger with EQT in November 2017. And, as far as EQT is concerned, Daniel has largely been cut off, professionally,
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last December a federal judge in New Jersey upheld eminent domain power for PennEast Pipeline for ALL of NJ, where there are 136 holdout landowners who have refused to allow PennEast surveyors
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Washington County, PA Airport (click for larger version) In 2013 CONSOL Energy (now CNX Resources) signed a deal with the Pittsburgh International Airport and Allegheny County to lease 9,000 acres surrounding the
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