Last October, MDN told you that American Energy Partners, Inc. (AEPT), based in Allentown, PA, with its fingers in several different pies, including subsidiaries in drilling, remediation, water, and more, changed its name to American Environmental Partners, Inc. (see American Energy Partners Changes Name, Swaps Enviro. for Energy). A few days later, MDN exclusively broke…
Read More...In October, Pennsylvania Secretary of the Dept. of Environmental Protection (DEP) Rich Negrin suddenly resigned after being on the job for less than a year (see PA DEP Sec. Negrin Resigning Dec. 8 – On Medical Leave Until Then). In his place, Jessica Shirley, who was named Deputy Secretary of the DEP earlier last year,…
Read More...Yesterday, MDN told you that Constellation Energy, the owner and operator of the Everett LNG terminal, is actively trying to find new contracted customers so it can keep the import terminal open (see Boston LNG Import Terminal Still Looking for Customers to Stay Open). Today, we have another story about the Everett terminal and why…
Read More...Have you ever been around the kind of irritating person who says “No!” to everything? Someone who is perennially unhappy and loves to share that unhappiness with everyone around him or her? Someone who, when you offer valid solution after valid solution to a given “problem,” the person shoots each one down, unwilling to try…
Read More...Republicans control the Senate in Pennsylvania. Until last year, Republicans also controlled the House. Now, leftist Democrats control the PA House by a single seat. As narrow as the numbers are, the philosophical divide between the two parties and the two chambers with respect to environmental issues is a chasm. Republicans like Sen. Gene Yaw,…
Read More...The Energy Workforce & Technology Council, located in Houston, TX, is a national trade association for the global energy technology and services sector, representing more than 650,000 U.S. jobs in the technology-driven energy value chain. The Energy Workforce Council works to advance member policy priorities and empower the energy workforce of the future. The Council…
Read More...In mid-October, the rumor mill kicked into high gear with talk that Chesapeake Energy was sniffing around a merger with Southwestern Energy (see Chesapeake Energy Exploring a Merger with Southwestern Energy). Both Chesapeake and Southwestern have significant, long-time Marcellus assets (in Pennsylvania), and both have added new assets in the Louisiana Haynesville in recent years….
Read More...The 303-mile Mountain Valley Pipeline (MVP), which runs from Wetzel County, WV, to Pittsylvania County, VA, is nearly done, thanks to our recent warm weather. What’s left to do? Less than one mile of “upland” pipe to install, less than 50 water/wetland crossings, and just one more compression station to finish. According to Equitrans, the…
Read More...In early December, MDN updated you on the very real possibility that Everett LNG import terminal (Boston area), which accepts and regasifies foreign-sourced natural gas, may shut down this May following the closure of New England’s biggest natural gas-fired power plant, the Mystic Generating Station in Everett, MA (see Constellation May Have to Close Boston…
Read More...EQT CEO Toby Rice appeared on CNBC’s ‘Money Movers’ program last Friday to discuss what he expects for natural gas prices this year, what lower natural gas production means for EQT, and more. It was an interesting segment (watch it below; it is just four minutes long). Rice said, among other things, that a key…
Read More...The Baker Hughes rig count lost ground again last week, as it has in three of the last four weeks. The count went from 622 active rigs two weeks ago down to 621 last week. The Marcellus/Utica count was steady at 40 active rigs, broken down as 19 active rigs in Pennsylvania, 12 in Ohio,…
Read More...Hope Gas provides natural gas service to approximately 131,000 residential, industrial, and commercial customers in thirty-five West Virginia counties. In October, Hope closed on acquiring the West Virginia division of Peoples Gas for an undisclosed amount, giving the company another 13,000 customers (see Hope Gas Closes Acquisition of Peoples Gas WV – Adds 13K Customers)….
Read More...Earlier this week, MDN told you about proposed new IRS rules coming from the White House (the 45V tax credit) that will favor solar and wind use in generating so-called green hydrogen, and disfavor (make more expensive) hydrogen produced using natural gas (see Biden’s Proposed IRA 45V Tax Credit “Kneecaps” ARCH2 Hydrogen Hub). Yes, the…
Read More...Riddle us this: In 2023, the rig count for all oil and gas rigs was 20% fewer active rigs than in 2022 (see Baker Hughes U.S. Rig Count Finishes Year @ 622, M-U @ 40). Yet, oil and natural gas production in 2023 hit new all-time highs! How does that happen? Isn’t that a paradox?…
Read More...A new article by Gordon Tomb — a senior fellow with the Commonwealth Foundation, a Pennsylvania-based, free-market think tank, and senior advisor with the CO2 Coalition, Arlington, Virginia — has the intriguing title: “Are ‘green’ agendas carrying governors to political cliffs?” While the article focuses on recent actions by PA Gov. Josh Shapiro and Wyoming…
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