CAIRO—Bahrain is to allow foreign companies to own 100% of oil and natural gas extraction projects in the Gulf state, under an order issued by Prime Minister Sheikh Khalifa bin Salman al Khalifa on June 2, Bahrain News Agency reported. To be eligible, the foreign parent company must have signed, or be in the final
Read More...JERUSALEM–Israel’s Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior company executive said on June 2. Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15 billion in natural gas from Israeli offshore fields Tamar and Leviathan
Read More...NAI Ohio River Corridor has expanded their team and commercial real estate services with the addition of Renay Sanders, commercial specialist and the promotion of Laurie Stanbro to vice president of Brokerage Operations. “Since locating our office to Tuscarawas County and our continued focus on the emerging petrochemical and plastics industries, we realized the need
Read More...“The recent announcement in the Shale Directories newsletter is really good news for the Ohio Valley,” stated Bryce Custer. MPLX announced it is moving forward with its underground storage facility in Hopedale, Ohio and it could be operation by 2021. Millions of dollars will be spent building out this facility. When this development is combined
Read More...Tom ShepstoneShepstone Management Company, Inc. … … NY Post readers were treated to the one of the best editorials it has yet to write on the subject of energy. It demolishes Cuomo’s renewables delusion. The NY Post has neatly summarized the immense problems with Andrew Cuomo’s renewables delusion. Indeed, I have to wonder if some
Read More...[Editor’s note: A version of this story appears in the June 2019 edition of E&P magazine. Subscribe to the magazine here.] There’s been no shortage of opinions and prognostications offered over the past five years on the impact of the price downturn on the oil and gas industry. But at the heart of every opinion is a kernel
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) DEC, which Andrew Cuomo controls in its entirety, is under court order to process the already operating CPV Valley Energy Center’s air quality permits. New York Gov. Andrew Cuomo tried to stop a fully built, brand new natural gas-fired electric generating plant in Orange County from going operational last
Read More...PARIS/TOKYO–Total will take over Toshiba’s U.S. LNG business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through. The French energy major is paying $15 million for the shares in the Texan assets, the
Read More...Oil and gas producer Canadian Natural Resources Ltd. said on Friday it would temporarily shut-in about 65,000 barrels per day (bbl/d) of crude oil production due to forest fires in Alberta. The company on Thursday completed the evacuation of all 240 personnel at its Pelican Lake and Woodenhouse operations, it said in a statement. This
Read More...Saudi Arabia’s King Salman said on Saturday that attacks on Saudi oil assets last month by Iran-backed groups are a threat to global oil supplies and regional security. “The drone attacks on Saudi oil pumping stations carried out by groups supported by Iran not only threaten the security of the kingdom and the Gulf, but
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW 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. New York Is the Biggest Loser As Wealth Leaves the Empire State Andrew Cuomo, New York’s follower in
Read More...The activist who wrote a 2012 memo encouraging anti-fracking groups to connect health problems and fracking even when no evidence existed to support the claims recently co-authored a report admitting that the vast majority of scientific research shows no harmful air pollutants near oil and natural gas sites. As the report explains, “Air pollution near
Read More...Tom ShepstoneNatural Gas NOW … … H.B. 827, Rep Jonathan Fritz’s bill to compensate DRBC landowners for their huge losses from the taking that would result from a fracking ban, is attacked. Former English teacher and now Rep. Wendy Ullman is from Bucks County, Pennsylvania where the average household income in 2017 was $108,848 compared
Read More...A small Australian company has received approval for the nation’s first certified trademark for oxo-biodegradable plastic products. Alex Andrews established Melbourne-based OxoPak Pty. Ltd. to certify oxo-biodegradable plastic products. “There’s a lot of misleading information out there,” he said. Andrews first lodged applications for four certified trademarks for OBP products in 2017. But the Canberra-based,
Read More...Cleveland — Raw material price increases and an up and down construction market are among the challenges facing PVC compounders in 2019. Executives with three major PVC compounding firms tackled those topics and more at the Compounding World expo May 9 in Cleveland. The panel was moderated by senior project consultant Sylvia Tabero of host
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