It’s the end of an era. Chesapeake Energy was founded in 1989 by Aubrey McClendon and Tom L. Ward with an initial investment of $50,000. The flamboyant McClendon, who became the CEO, named the company after the Chesapeake Bay due to his love of the region. He rapidly grew his company, headquarter in Oklahoma City,…
Read More...Toby Rice, the Chief Executive Officer of EQT Corporation, currently the largest natural gas producer in the U.S. (but about to become second-largest next week, after Chesapeake Energy & Southwestern Energy merge to become the largest, see today’s companion story), addressed the 800 attendees at the Shale Insight event yesterday. He was in Erie, PA,…
Read More...In August, MDN told you about a tiny new gas-fired power plant coming to Kentucky (see Gas Peaker Planned for Madisonville, KY to Aid Unreliable Renewables). The Kentucky Municipal Energy Agency (KYMEA) and the City of Madisonville announced the development of the KYMEA Energy Center I, a 75-megawatt peaker natural gas electric generating facility to…
Read More...For those of a certain age (or who like to watch reruns), do you remember that iconic song and TV series, The Love Boat? Sing along with us: “The love boat soon will be making another run. The love boat promises something for everyone. Set a course for adventure, your mind on a new romance…”…
Read More...EQT CEO Toby Rice has been in New York City for the city’s so-called Climate Week. Rice (EQT) is a member of the Partnership to Address Global Emissions. Bloomberg is reporting on several comments made by Rice that are intriguing and insightful—comments about the coming important role of AI data centers, when the price of…
Read More...Sally Field as “The Flying Nun” Some 800 delegates are attending the Shale Insight event held in Erie, PA, from Tuesday through today. It’s the premier shale event in the Marcellus/Utica each year. While 800 talented, hardworking, intelligent people are inside listening to speakers, networking (talking to others), and learning how to make shale drilling…
Read More...The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d of natural gas through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you…
Read More...CNX Resources released its first Radical Transparency™ assessment report in August (see Independent Monitoring of CNX Ops Shows No Public Health Threat). The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk….
Read More...A gigantic 91,000-square-foot facility that turns cow poop into CH4 (methane) is set to begin construction, possibly in October, near Seneca Lake in Ontario County, NY. Yes, the beautiful countryside of Upstate New York will soon produce methane, and it will be near the largest of NY’s bucolic Finger Lakes. The facility will use the…
Read More...Pleasants County, WV Omnis Energy is transforming an old, coal-fired power plant in Pleasants County, WV, into the world’s first commercial coal-to-hydrogen net-zero power plant with high-value graphite co-products. In mid-August 2024, Omnis Energy demonstrated the operation of its patented Quantum technology at the Pleasants site, featuring ultra-high-temperature pyrolysis at 3,600 degrees Celsius. The technology…
Read More...The European Union’s idiotic methane regulations will soon come into full force, prompting oil, gas, and coal companies to monitor, measure and report their emissions. The same restrictions will also apply to energy imports coming from other countries, including the U.S. (see Europeans Presume to Impose Their Regulations on American Gas). The arrogant Europeans presume…
Read More...In January, MDN told you about a long-closed landfill that seeks to reopen in Liberty and Pine Townships in Mercer County, PA (see Group Claims Drill Cuttings for Grove City Landfill “Radioactive”). In 2020, Tri-County Landfill Inc. submitted a permit application for the construction and operation of a municipal waste landfill site that had operated…
Read More...We don’t think it’s overly melodramatic to say that Pennsylvania is standing on the edge of a cliff with the upcoming election in November. Yes, there’s the issue of which presidential candidate, Trump or The Cackler, will win PA and likely win the election. That is of critical importance. But so, too, is another race…
Read More...A little over a month ago, MDN told you about a new opportunity major midstream (pipeline) companies discussed in their latest quarterly updates: building natgas pipelines directly to data centers. Why? Because increasingly, those data centers are considering making their own power (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). One of…
Read More...Feedgas flows from the Marcellus/Utica to the Cove Point LNG export facility located on the shore of Maryland fell to zero last Friday, Sept. 20. It was the start of the facility’s annual maintenance outage. The question is, how long will Cove Point be out of commission for liquefying and exporting LNG? According to Reuters,…
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