WV Warns 6 More Banks They are in Danger of Blacklist re ESG

West Virginia State Treasurer Riley Moore has sent notices to six additional financial institutions warning them of potential inclusion on the state’s Restricted Financial Institution List (can’t do business with the state) after his office made an initial determination that the institutions appear to be engaged in boycotts of fossil fuel companies as defined under…

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ESG Investment Funds Crashing & Burning – $5.1B Gone in U.S. 4Q

Amid all the bad news of the constant attacks by the Bidenistas against fossil energy (see today’s lead story about Biden attacking LNG), here is a story to warm your heart on a cold January day. So-called ESG funds set up to invest in companies that proclaim fealty to Environment, Social, and Governance (ESG) practices…

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DC Circuit Dismisses Case Against TGP Brought by Antero & EQT

Shippers, including drillers, utility companies, and others that buy and sell natural gas, are now free to buy and sell producer-certified gas (PCG) or responsibly sourced gas (RSG) at all pooling points across the Tennessee Gas Pipeline (TGP) system following a decision by the U.S. Court of Appeals for the District of Columbia (DC Circuit)….

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Seneca Gets “A” Grade Certification for 100% of Its M-U Production

Another noteworthy achievement for Seneca Resources, the wholly-owned shale drilling subsidiary of National Fuel Gas Company (NFG). All of Seneca’s natural gas production, approximately 1 billion cubic feet of natural gas per day (Bcf/d), has received an “A” letter grade under Equitable Origin’s EO100™ Standard for Responsible Energy Development certification. In August 2022, Seneca’s production…

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Tennessee Sues BlackRock for Misleading Investors re Aggressive ESG

BlackRock is the largest investment firm in the world, with around $9 trillion of investments under management. Larry Fink, the CEO of BlackRock, has pushed the so-called ESG (environment, social, governance) agenda for years. What the left and people like Fink mean by ESG is don’t invest in or use fossil fuel energy (E), everything…

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Will New Biden EPA Methane Rule Kill Responsible Gas Certifications?

EPA Administrator Michael Regan used a considerable amount of fossil energy and emitted billows of carbon dioxide to jet over to Dubai to participate in the COP28 confab where he released a final rule that was “two years in the making” to force the U.S. oil and gas industry to cut methane emissions by using…

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Williams CEO Tells COP28 Delegates NatGas Will Fuel Transition

Williams is a powerhouse pipeline company. Williams operates more than 33,000 miles of pipelines in the U.S. and flows approximately one-third of the natural gas used in our country through those pipelines. Massive! The CEO of Williams, Alan Armstrong, is (or was) in Dubai for the United Nations COP28 climate meeting. He was there to…

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EQT Signs Oil & Gas Decarbonization Charter at UN COP28

There’s been a lot of news coming from the UN COP28 climate event in Dubai. In some respects, we feel like it’s a firehose of news about leftists targeting fossil energy (even though the event is being hosted by the CEO of a fossil fuel company). COP28 runs from Nov. 30 to Dec. 12, so…

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The Slowly Growing Market of Buyers for Certified Natural Gas

Almost every major (and most minor) drillers in the Marcellus/Utica have, over the past couple of years, signed on to one or more of the responsible gas certification authorities. Just yesterday, we told you that PennEnergy Resources had its full operations certified by MiQ, the second such certification the company has sought and received (see…

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PennEnergy Resources Gets Perfect “A” Methane Grade from MiQ

In January of 2022, PennEnergy Resources LLC, the 11th largest shale driller in Pennsylvania, achieved responsibly sourced natural gas certification from Project Canary on nearly all of its wells (see PennEnergy Receives “Responsibly Sourced Gas” Rating for Most Wells). Project Canary issued its top “Gold” and “Platinum” ratings on (at that time) 375 of PennEnergy’s…

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Big Drop in Fugitive Methane Emissions in M-U, Other Shale Basins

The 28th U.N. Conference of the Parties, or COP28, gets underway today in Dubai. Representatives from most of the world’s countries will be there to party, get drunk, and pretend to care about the Big Lie that mankind is somehow destroying the planet by burning fossil fuels. With hypocrites confabbing in Dubai, it’s the perfect…

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S&P Global Re-Wokeifies? Offers Gas Carbon Intensity Measures

In August, MDN brought you the good news that the S&P (Standard & Poor’s) credit rating agency, called S&P Global Rating (the largest of the Big Three credit-rating agencies), had dumped its system of numerically ranking corporate borrowers on their ESG risk on a scale of 1 to 5 — just two years after implementing…

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JPMorgan Signals It Will Stop Funding Certain O&G Projects

Supposedly JPMorgan Chase remains the world’s #1 largest funder of fossil fuels since the so-called Paris Agreement was adopted by 196 of the world’s countries in December 2015. The Paris Agreement calls on governments to use force to ensure the global average temperature (that nobody seems to be able to pinpoint accurately) doesn’t rise more…

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Which Responsible Gas Cert Do a Majority of M-U Drillers Use?

We’ve written plenty about so-called certified natural gas, which is “responsibly produced” (as opposed to irresponsibly produced?) gas. The way a driller proves the gas they are selling is certified as responsible is to use a third-party verification vendor — typically either Project Canary or MiQ (see Former “Responsible Gas” Becoming “Certified” or “Differentiated”). Many…

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Gulfport Energy’s Entire M-U Operation Gets “A” on MiQ Report Card

Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), is the latest Marcellus/Utica driller to have its gas certified by MiQ. After a thorough review, MiQ gave Gulfport’s operations and the natural gas it produces its highest grade of “A.” Gulfport, which drills in both the Ohio Utica…

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