CNX CFO Everett Good Steps Down; Ops Chief Ravi Srivastava Named CFO
Well, that was quick. Less than nine months after Everett Good took over as Chief Financial Officer (CFO) of Pittsburgh-based CNX Resources, he is stepping down. CNX said yesterday that Ravi Srivastava, the company’s Senior Vice President of Operations, is the new CFO, effective immediately (well, effective retroactively to Sept. 17). Srivastava, 45, is a 16-year CNX veteran—and, interestingly, an engineer by training rather than an accountant. The company also elevated Melissa Long, VP of Financial Reporting and Controller, to the role of principal accounting officer.
Editor’s Note (Sept. 23, 2026): An earlier version of this post, including our MDN’s Take, speculated that Mr. Good’s departure meant things “weren’t working out” and that CNX’s new CEO wanted a different person in the CFO role. We had no basis for that speculation, and we shouldn’t have offered it. CNX’s SEC filing states that Mr. Good and the company mutually agreed on his departure, that it was without cause, and that there was no disagreement over company operations, policies or practices. We apologize to Mr. Good and to CNX. We’ve revised the headline and our commentary below.
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Back in March, a delegation of European heavyweights came to Pittsburgh with their shopping bags, looking to buy more U.S. LNG. Leading the charge was Jovita Neliupšiene, a Lithuanian who now serves as the EU’s ambassador to the U.S. Looks like they found what they were shopping for — in Pittsburgh. Lithuanian state-owned energy company Ignitis has picked a subsidiary of Pittsburgh-based EQT Corporation, one of the largest U.S. natural gas producers, to supply it with 10 cargoes of liquefied natural gas (LNG) — one per year from 2027 through 2036. EQT beat out other bidders in a competitive tender. It’s the first long-term gas supply contract between Ignitis and a U.S. company. Small deal? Yes. Symbolic deal? Very much so. 
Another big data center is heading to western Pennsylvania, and this one includes its own power plant, plus access to a shale gas well pad. A Florida LLC and a Coraopolis microgrid company have filed preliminary plans for the Misty Hollow Energy & Data Campus: a 1-million-square-foot data center and a 300-megawatt power generation facility on a former dairy farm along Prospect Road (PA Route 528) in Forward Township, Butler County. A letter in the project file says PennEnergy Resources will give the project access to its natural gas well pad. The developers haven’t said what fuel the power plant will burn. But when your neighbor is a Marcellus well pad, we’d guess it isn’t solar panels. 
Expand Energy — America’s #1 gas producer, which drills in Pennsylvania under the name Expand Oper LLC — just picked up a fresh batch of Notices of Violation from DEP. Pressure tests witnessed by DEP inspectors on Aug. 6 and Aug. 13 confirmed new casing/cementing defects in four wells across three pads in Susquehanna and Wyoming counties, while two more pads remain under watch for older, unresolved issues. 
Alpha Compute Corp. (Nasdaq: ALP), the tiny AI outfit that wants to build a 200 MW gas-fired data center in Tioga County (see 
Here’s one you don’t see every day. The North Carolina Utilities Commission (NCUC) has said “no” to a Duke Energy gas-fired power plant. On Sept. 18, the commission voted 3-1 to deny Duke Energy Progress a certificate of public convenience and necessity (CPCN, the state’s permission slip to build) for a 255-megawatt (MW) gas-fired “peaker” turbine at the Smith Energy Complex in Richmond County. Price tag: $584 million. The twist? The three commissioners who voted no are all Republican appointees, and the lone vote in favor came from a Democrat. Nobody on the commission said gas is the problem. The problem, they said, is data centers: how much of this plant’s power data centers will use, and who would pay for it. 
NATIONAL: U.S. natural gas futures settle sharply higher; Public companies produce most U.S. crude oil and natural gas; INTERNATIONAL: Oil dips as Saudi pipeline restarts; Global upstream M&A activity set to exceed 2025 total; How to save two generations lost to climate panic; Environmental activists show their true color is red, not green; Iran to take global economy hostage, boost energy prices, inflation; Nepal demands climate cash while blaming us for its disaster 
Appalachian spot natural gas prices just fell off a cliff. Texas Eastern M-2 — the benchmark hub for Marcellus/Utica gas — dropped 41.5 cents to average $1.245/MMBtu for weekend and Monday deliveries, with some trades printing as low as $1.020, according to NGI (
Big Green’s second legal attack against Transco’s Southeast Supply Enhancement Project (SESE) just fired its opening shot. On September 18, Sierra Club, Appalachian Voices, Southern Alliance for Clean Energy, and 7 Directions of Service filed their 142-page opening brief in the D.C. Circuit (Case No. 26-1100), arguing FERC’s approval of the pipeline was “arbitrary and capricious” because the agency allegedly ignored evidence that SESE and a second, co-located pipeline would combine to inflict “severe and potentially permanent” damage on streams across Virginia and North Carolina. Construction on SESE has continued the entire time — including through a failed bid by the same groups to freeze it back in June. 
The U.S. Chemical Safety and Hazard Investigation Board (CSB) last Wednesday, Sept. 16, released its final report on the June 4, 2025, explosion and fire at Shell Polymers Monaca, the ethane cracker plant in Beaver County, PA (see 
The Pittsburgh Tribune-Review (via the TribLive website) ran a big Saturday feature arguing that Western Pennsylvania’s drilling rebound is being driven by the data center boom. The legwork is real — five township officials, two activist groups, a CNX executive, a Pitt professor. The framing isn’t. The story gives readers three different answers to “how many wells does Pennsylvania have,” gets the cause of last year’s drilling backward, and then, twelve hundred words in, quietly disproves its own headline. 
A small liquefied natural gas (LNG) plant in Medley, Florida — just outside Miami — is now trucking rocket fuel up the peninsula to Cape Canaveral. Sawgrass LNG & Power announced last Thursday that it has begun supplying LNG to an unnamed “aerospace customer” at the Cape, with the first deliveries completed in August. We’ve written about this plant before, and the interesting question for MDN readers is the same one we asked in April 2025: are any of those molecules ours? 
Three weeks. Same number. The Marcellus/Utica sat at 33 rigs again for the week ended September 18, while the national count added four to reach 595—a fresh 52-week high, topping the 593 we charted on August 14. Oil rigs up. Gas rigs up. Frac spreads up. And WTI closed at $100.74 a barrel with Henry Hub at $2.91. Everything in this report moved except the Marcellus/Utica. 
Columbia Gas Transmission (a TC Energy company) has asked federal regulators for permission to permanently walk away from three underground natural gas storage fields straddling the Pennsylvania/West Virginia line near Majorsville — plugging 71 wells, tearing out a compressor station, and abandoning nearly 20 miles of pipe. On September 9, FERC set the clock on its environmental review. If you’re a landowner in Greene or Washington County, PA, or Marshall County, WV, this one lands in your backyard. Here’s the plain-English version of a very technical filing. 