UGI Corp recently announced its UGI Energy Services unit has plans to acquire Columbia Midstream Group from a TC Energy subsidiary for roughly $1.28 billion, according to Kallanish Energy. The deal will expand UGI’s midstream portfolio and provide an opportunity to invest an additional $300-$500 million over the next five years. The Columbia Midstream Group
Read More...Impact fees for payments for natural gas drilling in Pennsylvania will reach a record amount this year, according to the Pennsylvania Public Utility Commission. The annual fee collected for natural gas wells tapping the Marcellus and Utica shales totaled $243 million for 2018, plus $8.9 million in back fees from companies that had withheld payments
Read More...Since its publication and redistribution, a University of Toledo study that links the presence of radon in homes to proximity to fracking wells has been disputed by the Ohio Department of Natural Resources for using incorrect numbers in its evaluation. The University of Toledo initially published its study midway through April. However, it wasn’t picked
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...Despite its recent ruling in Andrews v. Antero, the West Virginia Supreme Court’s most recent ruling represents a rare victory for its residents, according to Shale Ohio. EQT was sued by landowners and lessors Crowder and Wentz after it drilled on their land to access natural gas underneath neighboring properties. The high court ruled in
Read More...U.S. Solicitor General Noel Francisco has asked the Supreme Court to review a decision by the Court of Appeals for the Fourth Circuit that vacated permits for Dominion Energy Inc.’s $7.5 billion Atlantic Coast pipeline, according to Bloomberg. In its previous ruling, the appeals court determined the U.S. Forest Service violated the National Forest Management
Read More...The D.E. Shaw group, a significant shareholder of EQT Corporation, continues to support the Rice team and all seven of their nominees to EQT’s Board of Directors, according to a statement the company recently issued. In its press release, the D.E. Shaw group states, “We strongly believe the Rice team’s proven track record in creating
Read More...Williams, an energy infrastructure company headquartered in Oklahoma, recently completed the formation of a $3.8 billion joint venture with the Canada Pension Plan Investment Board, according to Oil & Gas 360. The Canada Pension Plan Investment Board will trade $1.33 billion for a 35% ownership in Williams’ pipeline systems, including the Ohio Valley Midstream system
Read More...Bechtel Oil, Gas & Chemicals was selected by Thai petrochemical giant PTT Global Chemical to build the Belmont County ethane cracker plant on a former coal-fired power plant in Mead Township, according to Shale Ohio. The company is also building a Shell cracker in Monaca, Pennsylvania. With two large ethane cracker plants being constructed in
Read More...Correction: Although the information contained in this article was originally distributed by a science publication and derived from a University of Toledo study, some discrepancies have been pointed out by The Athens News. The Shale Gas Reporter will take a closer look at the original study and Ohio Department of Natural Resources data to determine the full
Read More...Following a special report that pointed the finger at the shale gas industry for cases of childhood cancer in southwest Pennsylvania and a letter from residents calling for the industry to be shut down to determine whether or not there is a connection, the Marcellus Shale Coalition sent its own letter to Gov. Tom Wolf
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,
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