Energy midstreamer/transporter/storage giant Energy Transfer LP is opening an office in Beijing, looking to capitalize on China’s demand for ethane and other natural gas liquids. By opening its first office outside the U.S., Energy Transfer hopes to better leverage the increasing business opportunities in the export of energy products to China and other Asian markets,
Read More...The liquefied natural gas arm of oil supermajor Royal Dutch Shell has become the first customer of NextDecade’s proposed $15 billion Rio Grande LNG export terminal at the Port of Brownsville, Texas. NextDecade announced the 20-year sale and purchase agreement at the LNG2019 conference in Shanghai Monday night, Kallanish Energy learns. Under the deal, Shell will
Read More...ExxonMobil has held talks on the sale of a number of oil and gas fields in Nigeria, as the company focuses on developments in the U.S.’s Permian Basin and Guyana, industry and banking sources told Reuters. The potential sales are expected to include stakes in onshore and offshore fields and could raise up to $3
Read More...Community Environmental Legal Defense Fund founder Thomas Linzey has made it clear that he has no issue with bankrupting towns to push his anti-energy “Rights of Nature” agenda. For one rural community in Pennsylvania, that’s exactly what could happen following a federal court ruling this week that found the Indiana County township financially responsible for
Read More...Tom ShepstoneShepstone Management Company, Inc. The Rockefeller gang, in the guise of 350.org and its affiliates is trying hard to kill the NESE project by playing Andrew Cuomo. Or, is it the opposite? It’s amazing how easy it is to manipulate New Yorkers and, especially, the New York press. There is a major move
Read More...Oilfield services firm Parker Drilling Co. announced its common stock has been approved for listing on the New York Stock Exchange. Parker expects its common stock will begin trading tomorrow under the trading symbol “PKD,” the same trading symbol used for the company’s common when it was listed previously on the exchange. Last December, the
Read More...... … … New Jersey’s already high electric bills are about to get higher. As the Governor proposes more renewables and subsidies, ratepayers will foot the bill. People who believe that wind and solar power are lowering their electric bills should look at New Jersey. Garden State electric bills are increasing to cover the costs
Read More...K.J. RodgersCrownsville, Maryland …. …. K.J. Rodgers writes to Maryland Public Service Commission noting conversions of coal power plants to gas have reduced emissions 13 to 1 versus renewables. The Charles P. Crane Generating Station, a 400 megawatt coal power plant located in Bowleys Quarters, Maryland, 14 miles east of Baltimore was closed in June
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 LNG, offshore drilling, the Shell ethane pipeline and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station!
Read More...Bankrupt California power provider PG&E Corp. won court approval last week for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes. The financing will comprise a $3.5 billion revolving credit facility, a $1.5 billion term loan and a $500 million
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … Officers from 10 Western Susquehanna County fire companies attended a dinner and safety discussion hosted by Cabot Oil & Gas on March 20. As natural gas drilling escalates in Susquehanna County, so too does the amount of traffic associated with the industry and the need for first responders
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. The facts are the facts: Renewables such as wind and solar get lots of positive press. But last year
Read More...... … … Wind and solar tax credits are horribly distorting our energy markets and need to be reined in before we end up like Germany with quadrupled electric rates. The U.S. Treasury estimates that the Production Tax Credit will cost taxpayers $40.12 billion from 2018 to 2027, making it the most expensive energy subsidy
Read More...West Virginia Governor Jim Justice vetoed legislation this week that would have provided needed funding to the West Virginia Department of Environmental Protection for plugging the state’s more than 4,000 orphaned and abandoned oil and natural gas wells. While Gov. Justice acknowledged the revenue that would have been generated by HB 2673 – up to
Read More...This week, CNN ran a piece attempting to influence the confirmation hearing of acting Interior Secretary David Bernhardt. The report lobbed criticism at the Bureau of Land Management for approving oil and gas permits during January’s government shutdown – framing it as the oil and gas sector skirting the effects of the shutdown while the
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