TransCanada will be allowed to increase the flow of gas on its Mountaineer XPress project and begin operating its Gulf XPress project thanks to the Federal Energy Regulatory Commission’s approval of the full in-service of the Mountaineer XPress project, according to Gas Compression Magazine. “Mountaineer XPress and Gulf XPress are extremely important to TransCanada as
Read More...Eclipse and Blue Ridge Mountain Resources recently announced they’ve finally completed the merger they announced last August to form a new company called Montage Resources Corp., according to Kallanish Energy. Montage Resources common stock begins trading on the New York Stock Exchange earlier this week under the ticker symbol “MR”, giving effect to the 15-to-1
Read More...Range Resources plans to spend 90 percent of the $756 million it has set aside for capital spending in 2019 in the Appalachian Basin, according to Kallanish Energy. More than 60 percent of the company’s planned activity in the Appalachian Basin is directed towards liquids-rich drilling. It plans to bring 88 Marcellus Shale wells online
Read More...A new 550-megawatt natural gas-fired power plant in Harrison County is expected to break ground this spring and be operational by fall 2021, according to WV News. More importantly, the project is expected to serve as a catalyst in stimulating West Virginia’s economy. The plant, a joint project of Energy Solutions Consortium and Caithness Energy,
Read More...Share this article on social media: With the new year comes contemporary ideas, higher standards, and creative directions of thought for industrial real estate professionals. So, it’s no surprise that the industrial real estate sector is experiencing exciting changes. To keep up-to-date with this year’s innovations, be sure to consider these forward-thinking industry practices for
Read More...A flood of polyethylene is expected to come online as mega projects start up during the second half of 2019 and demands for creative supply chain solutions have never been so important, an industry executive told Petrochemical Update. × U.S. ports, rail, trucks, packaging and other major logistical providers in export supply chains stepped up
Read More...Share this article on social media: Marketing yourself in today’s world is imperative in gaining a reputation and a dedicated following as a commercial real estate professional. Missing the mark on this skill could be an enormous impediment as a new agent, however, real estate education focuses primarily on the legal obligations of agents, as
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Own an Iconic Piece of Americana Architecture COLUMBUS, Ohio–(BUSINESS WIRE)–NAI Ohio River Corridor’s Laurie Stanbro has the opportunity to market what is known as one of the world’s most “unusual”, “bizarre” or “coolest” buildings in the United States, depending upon your perspective. Built in 1997 as the headquarters of the Longaberger Company, this iconic building
Read More...Share this article on social media: Lately, there’s been a lot of talk about opportunity zones in the industrial and office real estate world. Let’s first dive into what exactly they are and how you can capitalize on them. Here are five things that every industrial and office real estate professional should know about opportunity
Read More...Share this article on social media: The era of “The Suburbs” is upon us. The rising home prices around suburban areas and the greater interest that investors and developers are showing in these outlying areas are evidence of this trend. In order for these suburban developments to grow, however, they will need to have certain
Read More...Our pick of the latest petrochemical news you need to know × Expansion to Beaumont refinery will make ExxonMobil refinery leader in the US ExxonMobil began construction to a third crude unit at its refinery in Beaumont, Texas on January 29 after reaching a final investment decision on its expansion. The expansion, expected to start
Read More...Share this article on social media: The College Football Playoff (CFP) and commercial real estate may not seem to have much in common, but data analytics applies to both in similar ways. However, before we look at how, let’s first revisit what data analytics is. Data analytics is the science behind making sense of the
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NAI Ohio River Corridor’s, Bryce Custer shares article “Will the Appalachian Basin be the World’s Next Energy Hub?” Bryce Custer, SIOR,CCIM, MRICS, Broker with NAI Ohio River Corridor discusses the future of the Petrochemical and Energy production in the United States in Site Selection Magazine. https://siteselection.com/digitalEdition/2019/jan/#page=74 Site Selection Magazine is an internationally
Read More...The status of the proposed Appalachian Storage and Trade Hub, as well as the oil and gas industry in general, was a primary topic Wednesday at the 2019 winter meeting of the Independent Oil & Gas Association of West Virginia. IOGAWV President Brett Loflin said the two-day conference likely set a record in terms of
Read More...Pipelines, infrastructure and storage are still necessary for the Northeast petrochemical hub to become a reality, experts told Petrochemical Update. × The Appalachia Storage and Trading Hub is a crucial next step in transforming the Appalachian Basin and maximizing the potential of the raw materials present in the northeast shales, according to analysts and the
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