Natural Gas Marketed in North America Grows 1% in 1Q22

Each quarter NGI (Natural Gas Intelligence) runs the numbers and publishes a list of the 25 top natural gas marketers… Continue reading The post Natural Gas Marketed in North America Grows 1% in 1Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Africa Being Sold Out by Elites Drooling for Green New Deal

Duggan FlanakinDirector of Policy Research, Committee For A Constructive Tomorrow … … [Editor’s Note: Those pushing the grand scheme to steal trillions from the public for green eggs and scam now propose to sacrifice Africa on their green altar to corporatism.] It was quite a shock to Africa Energy Chamber Executive Director NJ Ayuk –

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Predatory Hedge Fund “Engine No. 1” Targets Exxon for Takeover

While so-called “activist investors” can sometimes accomplish good things (like the Rice boys in their takeover of EQT last year), it is our observation that most “activist investors” are destructive. A new hedge fund calling itself Engine No. 1 is one such destructive company. The hedge fund, based in San Francisco (which explains a lot)

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ExxonMobil Announces Plan to Divest “Certain” N.A. Dry Gas Assets

Yesterday ExxonMobil released the outlines of its development plan for the next five years. We previously alerted you that Exxon was looking to write down (impair) up to $30 billion of its assets, including (potentially) its assets in the Marcellus/Utica (see ExxonMobil Deciding Fate of XTO Asset Value in 4Q). Indeed it has happened, albeit

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ExxonMobil Deciding Fate of XTO Energy in 4Q – May Sell

Last week ExxonMobil issued its third-quarter 2020 update, with some relatively big news (for us). The company announced it is currently reviewing and making a decision about whether or not to sell its North American dry gas assets–i.e. XTO Energy. If it sells XTO, it will take a huge write-down in value (assets currently on

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Potential Exxon Interest in Building M-U Cracker Plant Goes Cold

Last year MDN shared with you the rumor that Exxon Mobil was sniffing around Pennsylvania, investigating the prospect of building a multi-billion dollar ethane cracker like the Shell cracker being built near Pittsburgh. Those rumors went on for a while and even included evaluation of the Philadelphia area, not just Pittsburgh. Last week Exxon said

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Scientific Consensus: Kamala Harris Did Not Sue Exxon Over Climate Change

During this week’s CNN presidential democratic debate, Erin Burnett, a CNN moderator, asked Senator Kamala Harris if she would sue ExxonMobil over the #ExxonKnew controversy. Harris replied quite confidently: “I have sued Exxon Mobil” CNN and The New York Times, among others, have pointed out: Harris, in fact, did not sue ExxonMobil. Continue reading at EID

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