Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties. Olympus owns a pipeline subsidiary called Hyperion Midstream that builds gathering lines to the company’s wells. Hyperion applied to build a compressor station on a recently approved Olympus well pad in rural West Deer Township (Allegheny County). The…
Read More...Pennsylvania’s Pipeline Investment Program (PIPE) issues grants covering part of the cost of building new natural gas pipelines to connect homes and businesses, typically in rural parts of the state, to homegrown Marcellus Shale gas supplies. We’ve written about many PIPE grant projects in the past (see our PIPE stories here). Another PIPE grant was…
Read More...The New York Independent System Operator (NYISO), the nonprofit that oversees the state’s electricity system, has warned New York State for YEARS of coming blackouts if peaker plants in New York City are forced to close in 2025 (see NY Grid Operator Again Warns NYC Heading for Blackouts re Peakers). NY Dems, who irrationally hate…
Read More...STV, a New York City-based professional services firm that plans, designs, and manages infrastructure projects across North America, recently announced that it will exit servicing the midstream oil and gas market after signing an agreement with Pennsylvania-based Allied Resources Group (ARG). ARG is acquiring STV’s midstream oil and gas business operations for an undisclosed price,…
Read More...Veteran equity oil and gas analyst Jeff Robertson, managing director with Water Tower Research (WTR), recently compiled an outlook report with the 5 trends he says are poised to have the biggest impact on the energy sector next year. WTR was kind enough to share it with MDN. One of Robertson’s predictions involves a Henry…
Read More...Some exciting news to share. Earlier this month, midstream giant Williams gave a green light to proceed with a new Transco pipeline expansion project called the Southeast Supply Enhancement. The project will flow an extra 1.4 Bcf/d (billion cubic feet per day) of Marcellus/Utica molecules southward along the Transco pipeline system, to deliver those molecules…
Read More...A month ago, MDN shared the rumor that Chesapeake Energy Corporation is sniffing around Southwestern Energy, looking to buy out and merge in its closest O&G peer (see Chesapeake Energy Exploring a Merger with Southwestern Energy). One of Chesapeake’s largest investors, Kimmeridge Energy Management Co. — what the financial industry calls an “activist investor” (which…
Read More...The environmental left is on the march in Pennsylvania, and nothing, including building trade unions, is going to stop it. Both constituencies (environmentalists and trade unions) traditionally make their political home in the Democrat Party. The problem for PA’s Democrat politicians is how to balance the ever-wacko leftward tilt of environmentalism and its jobs-killing policies…
Read More...Three weeks ago, MDN warned you about delays with LPG (propane) and LNG ships transiting the Panama Canal (see Drought Along Panama Canal Causing Delays in Propane, LNG Exports). According to the Panama Canal Authority (APC), water levels at Gatún Lake are the lowest since at least 1995 due to an extended dry season and…
Read More...Have you ever noticed how the wacko leftists of the so-called environmental movement behave (and talk) as if they are members of a religion? They use religious language all the time to describe their holy mission of cleansing the earth of evil and sinful fossil energy. Check this out. Environuts say an Indiana utility company…
Read More...Nearly 14 years after the Gasland fake documentary was released, dozens of studies have contradicted its claims about fracking. Gasland’s dire predictions didn’t come to pass. The 2010 documentary, which was written and directed by Josh Fox, portrayed fracking operations as poisoning groundwater, killing wildlife, and making people sick while corrupt oil companies profited. Remember…
Read More...Watch out Marcellus/Utica, and Haynesville, and Permian, and Eagle Ford, and Bakken, and SCOOP/STACK, and other major U.S. shale plays. You may have a new competitor coming (way) south of the border. Argentina has just elected a new President, Javier Milei, who promises to unleash his country’s oil and gas industry. Argentina is reputed to…
Read More...Stupified and dumbfounded. Those are the words that come to mind when reading of a so-called climate pact agreed to by Joe Biden with Chinese dictator Xi Jinping in California last week. And then we got really, really angry. Biden is consciously (or perhaps unconsciously?) choosing to sentence our country to energy dependence on our…
Read More...A lawsuit of interest for all landowners is playing out in West Virginia between a class of landowners and EQT Corporation, the largest natural gas producer in the country. We searched our extensive archives high and low and found no mention of this lawsuit! Somehow, it has escaped our attention — until now. As these…
Read More...In August 2022, Columbia Gas Transmission (a subsidiary of TC Energy) filed an application with the Federal Energy Regulatory Commission (FERC) to build the Virginia Reliability Project (VRP), which includes two new compressor units and the replacement of existing pipeline (see Columbia Files w/FERC to Replace 48 Miles of Pipe in Southeast Va.). VRP will…
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