In its latest attack on increased use of natural gas, Global Energy Monitor claims that liquefied natural gas “poses a direct challenge to Paris climate goals.” And despite the absurdity of such an argument – when natural gas is credited with helping decrease U.S. emissions to their lowest levels since the early 1990s – media
Read More...Prolific oil and natural gas production – particularly in Eddy and Lea counties that sit atop the Permian Basin – is driving a record-breaking revenue year for New Mexico, according to a recent New Mexico Legislative Finance Committee report. As New Mexico Oil and Gas Association Executive Director Ryan Flynn told EID: “A historic expansion
Read More...Madison WeaverCabot Oil & GasExternal Affairs Intern, Pittsburgh … … Natural gas benefits are many to the environment, our energy security and the economies of both rural and urban areas, but local benefits stand out bigly. Oil and natural gas production doesn’t happen in a bubble; aside from creating new jobs, natural gas production also
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about impact fee distribution, EQT, PPT Cracker Plant and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!
Read More...Just as EQT Corp. is at odds with remnants of Rice Energy, which it acquired in 2017 and became the U.S.’s largest natural gas producer, independent proxy advisory services firms have now come out on opposite sides of the ongoing proxy battle. Glass Lewis & Co. said in a report Friday EQT, under its current management
Read More...Dominion Energy Transmission on Friday withdrew its application filed with the Federal Energy Regulatory Commission for the $48 million, 120 million cubic feet per day (Mmcf/d) Sweden Valley pipeline expansion, Kallanish Energy reports. The transmission arm of Dominion Energy blamed Ferc, saying delay at the commission harmed the project, and the unnamed shipper on the
Read More...The number of rigs working in the Lower 48 U.S. states last week rose by a single rig following three consecutive weeks of falling numbers, data from Baker Hughes, a GE company reveals. For the week ended June 28, 931 rigs were working in the Lower 48, up a lone rig from one week earlier,
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) The Weymouth Compressor Station, an integral part of the Spectra Energy/Enbridge Atlantic Bridge project that will deliver gas to New England gets go-ahead! A compressor station planned for Weymouth, Massachusetts, part of the Spectra Energy/Enbridge Atlantic Bridge expansion project, has been stalled since 2017. The administration of MA Gov.
Read More...After weeks of buildup, the first two Democratic presidential debates this week in Miami featured little discussion of the 20 candidates’ views on climate and energy policy, disappointing both those who favor an all-of-the-above energy approach that has seen the United States catapult into a global energy leader and the ”Keep it in the Ground”
Read More...In its largest distribution to date, the Pennsylvania Public Utility Commission announced this week that it will distribute nearly $252 million in Marcellus impact fees to counties and communities across the Commonwealth. As PUC said in its press release, “[O]ver the past eight years the PUC has collected and distributed almost $1.7 billion to communities
Read More...Thanks to the shale revolution, the United States will account for almost a quarter of global oil and natural gas production by the early 2030s, according to the head of Rystad Energy. This rising global footprint comes from continued innovation by American energy companies, which allows them to optimize operations and extract oil and natural
Read More...Pacific Gas and Electric said Wednesday it’s reached agreements to resolve wildfire claims made by 18 local public entities (cities, counties, districts and public agencies) impacted by the 2015 Butte Fire, 2017 Northern California wildfires and 2018 Camp Fire. Under the agreements, $1 billion in payments will be made as part of a Chapter 11
Read More...A pair of independent producers, Chisholm Oil and Gas of Oklahoma, and Gastar Exploration of Houston, which exited Chapter 11 just five months ago, announced Wednesday they’re merging, Kallanish Energy reports. No pricetag was placed on the deal. The combined company, which will operate under the name Chisholm Oil and Gas and be headquartered in Oklahoma,
Read More...Following a “tectonic change” in global energy markets over the past decade from the shale revolution, “there is a bright future for natural gas,” according to American Gas Association President and CEO Karen Harbert. In a recent Columbia Energy Exchange podcast on the U.S. oil and natural gas industry and the infrastructure and regulatory challenges
Read More...Michael LynchPresident, Strategic Energy and Economic Researchand Master Resource Contributor … . .. John Michael Greer, like other modern-day Malthusian crackpots, is making a living scare-mongering but his facts don’t add up and his theories are nonsense. A review of John Michael Greer’s essay-collection book, Collapse Now and Avoid the Rush, provides a good summary of
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