India’s largest private sector company, Reliance Industries Limited (RIL), has appeared prominently in the news for the past couple of days. And there’s a tie-in with the Marcellus Shale. Here’s the highlights:
Williams is one of the largest energy producers in the U.S. Their operations include exploration & production (E&P), as well as “midstream” – or processing, storage and transportation of gas, including an extensive network of pipelines. In fact, Williams owns three interstate natural gas pipelines totaling some 15,000 miles in length. We now get word that Williams is going to split the company.
The drilling moratorium on Marcellus drilling in Pennsylvania state forests has been lifted by new Gov. Tom Corbett:
West Virginia gets closer with new rules and regulations for drilling in the Marcellus Shale. And it looks like the forced pooling provision has been dropped: