Mountain Valley Pipeline LLC recently asked the Federal Energy Regulatory Commission for a two-year extension to complete the 303-mile natural gas pipeline in West Virginia and Virginia, according to Kallanish Energy. The company asked for its deadline to be extended to complete the project from Oct. 13, 2020, to Oct. 13, 2022. The project has
Read More...The United States Patent and Trademark Office recently awarded Eureka Resources, LLC a patent for its approach to cleansing and recycling wastewater from oil and gas operations, according to Pennsylvania Business Report. Eureka’s proprietary technology can remove hundreds of types of impurities from oil and gas wastewater, isolate recyclable minerals and generate clean water so
Read More...Natural gas production increased by 2.8% in Pennsylvania during the second quarter of this year, according to data released by the Pennsylvania Independent Fiscal Office. The slight increase in production is the lowest growth rate in more than three years, according to Kallanish Energy. Production in the state was 1,717 billion cubic feet in the
Read More...The Pennsylvania Department of Environmental Protection fined Energy Transfer LP’s Sunoco Pipeline unit $355,636 for spilling drilling fluid during the construction of its Mariner East 2 natural gas liquids pipeline, according to Reuters. The latest fine for violations in 2018 and 2019 was just the most recent in a series of sanctions against the company
Read More...The Pennsylvania Department of Environmental Protection has fined CNX Gas Co. LLC $175,000 for a January 2019 well control incident in Westmoreland County, according to Kallanish Energy. The DEP has executed a consent order and agreement in connection with violations and well construction at the Shaw 1G Utica well, located in Washington Township in Westmoreland
Read More...The constant decline that began in March for the U.S. oil and gas rig count has finally ended, according to Kallanish Energy. Baker Hughes released the Aug. 21 rig count, showing the U.S. rig count grew by 10 from Aug. 14’s count. The number of working U.S. rigs jumped by 10 from 244 on Aug.
Read More...U.S. independent E&P firm Apache Corp. reported on Thursday net losses of $397 million in the second quarter of 2020, alongside a new oil discovery on Block 58 offshore Suriname. The net loss attributable to shareholders was driven by significantly lower revenues from oil production during second quarter compared to the previous year, which fell
Read More...French energy major Total posted on Thursday losses of over $8.37 billion during second-quarter driven by impairments, lower hydrocarbon prices and production levels, Kallanish Energy reports. The net loss compares to a net profit of $2.76 billion during the same period last year, as “exceptional circumstances” led to asset impairments totalling $8.1 billion. The majority
Read More...CMS Energy has announced that it has purchased a majority stake in a 525-megawatt wind project in West Texas, Kallanish Energy reports. Aviator Wind in Coke County near Abilene will be operated by CMS Enterprises, a subsidiary of Michigan-based CMS Energy. It purchased the majority stake from funds managed by Ares Management Corp.’s Infrastructure and
Read More...Antero Resources has reported a GAAP net loss of $463 million or $1.73 per share in the second quarter 2020, Kallanish Energy reports. That compares to a net income of $42 million or 14 cents per share in 2Q 2019. The company has not curtailed any prediction due to the coronavirus pandemic and resulting low
Read More...The Netherlands awarded the tender for the subsidy-free offshore wind farm Hollandse Kust (noord) to CrossWind – a joint venture between Shell and Eneco, Kallanish Energy reports. The ministry of economic affairs and climate policy said the companies won the bid thanks to their proposal to apply five innovative technologies to the country’s third offshore
Read More...Montage Resources Corp. has agreed to sell noncore natural gas gathering assets in Ohio’s Utica Shale for $25 million to an undisclosed company, according to Natural Gas Intelligence. According to Montage, an international company agreed to purchase the infrastructure. The transaction is expected to close in the fourth quarter of this year. Montage will use
Read More...On Monday, CNX Resources Corp. announced it is acquiring all outstanding common shares of CNX Midstream Partners LP, at a cost of about $357 million in CNX common stock, according to the Observer-Reporter. The company expects the deal to close in the fourth quarter. “We expect the combined entity to be an even stronger company,
Read More...The New York legislature passed A.2655/S.3392, a statute that closes a loophole that allowed hazardous fracking waste to be dumped in New York, despite fracking being banned within the state, according to MyTwinTiers.com. The legislation passed the Assembly last Monday and the Senate on Wednesday, however; it has to be signed by New York Governor Andrew
Read More...PTT Global Chemical America has signed an agreement to develop a natural gas liquids storage facility to serve its proposed $6 billion ethane cracker in eastern Ohio, according to Kallanish Energy. The company made the announcement Wednesday. The deal is with Energy Storage Ventures LLC through its wholly-owned subsidiary Mountaineer NGL Storage, who will develop
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