Archive for 'Shell'
West Virginia, Pennsylvania and Ohio are all in the hunt to land an ethane cracker plant in their respective states (see the long list of MDN stories on a potential cracker plant in the Marcellus/Utica Shale region). According to WV Commerce Secretary Keith Burdette, Shell and another unnamed company are now in talks with private [...]
MDN has extensively covered Shell’s plan to build a $1.5-$2.0 billion ethane cracker plant somewhere in the Marcellus region (see MDN’s previous coverage here). A cracker plant “cracks” ethane, a component of raw natural gas, into ethylene, a raw material used to manufacture plastics. West Virginia has been perhaps the most vocal and energetic of [...]
Competition to attract an ethane cracker plant is heating up. West Virginia has made no bones that they intend to be the winners of the investment that will be made to build an ethane cracker plant to be built by Shell. The plant will cost upward of $2 billion and will create thousands of jobs [...]
Shell is moving into natural gas in a major way. In fact, natural gas will eclipse crude oil for Shell sometime next year by being more than 50 percent of Shell’s global production. Shell has committed to spending $2 billion to build an ethane cracker plant in the Marcellus region of the U.S., and now [...]
According to officials in West Virginia, who are super-serious about attracting at least one ethane cracker plant to their state, Shell and one other company will announce site selections for their plants in January of 2012. West Virginia fully intends that at least one of those two plants will be inside their borders, and they [...]
Shell Oil is “nearing a decision” on where to build a multi-billion dollar ethylene cracker plant in the Marcellus region, and states in that region—specifically Pennsylvania, West Virginia and Ohio—are aggressively competing to have the plant built in their state. (See MDN’s petrochemical primer for details on how shale gas drilling relates to the chemical [...]
Lawrence County, a western Pennsylvania county which borders Ohio, has just had its first Marcellus Shale gas well drilled, with hydraulic fracturing of the well under way now. With 815 land leases signed since last year, it’s a pretty safe bet more wells are coming to Lawrence County soon.
An article about Shell’s activity in the Pennsylvania Marcellus Shale, particularly along the western fringes of the Marcellus in Butler and Lawrence Counties (PA), reveals interesting insights about their strategy:
Royal Dutch Shell, one of the largest energy companies in the world, is going on a public relations offensive with respect to its shale gas operations in the U.S. In a master PR move, Shell used the uber-liberal Aspen (CO) Ideas Festival to unveil its Global Onshore Tight/Shale Oil and Gas Operating Principles. Among the [...]
Royal Dutch Shell, one of the largest energy companies in the world, announced on Monday that it will build a “world-scale” chemical plant in the Marcellus region of the United States. The chemical plant is called a “cracker” and typically costs more than a billion dollars to construct. Its construction would provide thousands of both [...]
In an interesting (some would say hypocritical) twist on New York State’s moratorium against drilling in the Marcellus Shale because of environmental concerns, it seems the state’s comptroller has no problem investing some of the state’s huge $140 billion pension fund in shale gas drilling operations, to the tune of $1 billion:
One of the main arguments in favor of Marcellus shale gas drilling is that America can become more energy independent—less dependent on the energy (oil and gas) from other countries. It is an argument that strikes a chord with many Americans. The argument also goes that much of the gas produced in the region will [...]