Major Investors Pressure Marathon Petroleum to Split into 3 Cos.

Here we go again. “Activist investor” Elliott Management is pressuring Marathon Petroleum to split itself up into three companies–retail (Speedway convenience store chain), refining, and midstream (or MarkWest Energy). Recall that Marathon bought out and merged in MarkWest just a few years ago, in December 2015 (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). Now Elliott wants the company carved up to “unlock value.” Two other large shareholders either want the company split up and/or Marathon CEO Gary Heminger gone–now.
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PA DEP Gets Ready to Issue 401 Water Cert for Leidy South Pipe

Last December Williams announced its Leidy South Project, a new expansion of the Transco pipeline in Pennsylvania (see Williams Unveils “Leidy South Project” to Expand Transco in PA). In early August Williams officially filed a full application with the Federal Energy Regulatory Commission (FERC) to build Leidy South (see Williams Files Leidy South Project with FERC to Expand PA Transco). However, FERC is not the only agency with a say in whether or not the project moves forward. The Pennsylvania Dept. of Environmental Protection (DEP) must grant Leidy South a federal Clean Water Act Section 401 water/stream crossing permit.
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PA DEP Still Blocking Some Permits to Restart ME2 Pipe Work

Sunoco Logistics Partners, a subsidiary of Energy Transfer, is still on the Pennsylvania Dept. of Environment Protection’s (DEP) naughty list. In February, PA Gov. Tom Wolf ordered the DEP to suspend all reviews of clean water permit applications and other pending approvals for ALL of ET/Sunoco’s pipeline projects in the state–including the Mariner East and Revolution pipeline projects. The ban on approving reviews has not yet been lifted and means that in 33 locations across the state (most of them in the Philadelphia area) Sunoco can’t complete underground horizontal direction drilling (HDD) work for its Mariner East pipeline projects.
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Cabot O&G Continues to Grow in NEPA, Opens New Facility

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Cabot Oil & Gas, one of our favorite Marcellus Shale drillers, focuses almost exclusively on drilling in Susquehanna County, PA, with a few wells in neighboring Wyoming County. Cabot continues to pour money into northeastern Pennsylvania. On Wednesday Cabot’s wholly-owned subsidiary, GasSearch Drilling Services, officially opened a new 28,000-square foot maintenance facility in Lenox Township (Susquehanna County) with a ceremonial ribbon cutting and open house for energy industry colleagues, neighbors and public officials.
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Ohio Air Emissions Decrease Faster than Natl Average Thx to Shale

The Consumer Energy Alliance (CEA) is calling attention to the “great untold story” in Ohio and across the nation, a story intentionally ignored over the past week of faux climate change protests by kids playing hooky from school. What is the untold story? That the United States in general, and Ohio in particular, is “leading the world in environmental stewardship and emission reduction.” How? Because of shale energy–specifically because of shale gas.
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Long Island Democrat County Execs Make Case for NESE Pipeline

Not everyone who lives in the Greater New York City area is falling for the bogus line by Gov. Andrew Cuomo that he’s not to blame for a natural gas shortage plaguing the region. As we’ve chronicled, endlessly, Cuomo ordered his Dept. of Environment Conservation to reject the Williams Northeast Supply Enhancement (NESE) pipeline project (see NY Gov. Cuomo Denies Permit for Williams NESE Pipeline to NYC). Because of the coming shortage in natgas for the region, National Grid, which supplies about half of NYC and all of Long Island with natgas, refuses to accept new customers (see National Grid Keeps Promise, No New NYC Gas Customers).
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New Trading Platform for “Responsibly Produced NatGas” Launching

Last September MDN reported that Southwestern Energy was the very first driller to earn the label of producing “responsible gas” from the Independent Energy Standards Corporation (IES)–what they call their TrustWell™ Responsible Gas Program certification (see Southwestern Sells 1st Certified “Responsible Gas” to NJ Resources). In April, a driller in the Rockies became the second company to earn the designation (see “Responsible Gas” Certification Expands, Gains Another Driller). Now there’s a way for those who buy and sell natural gas to tell if the gas they’re buying and selling is “responsibly produced.”
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Shale Energy Stories of Interest: Fri, Sep 27, 2019

MARCELLUS/UTICA REGION: City to issue recommendations for developers eyeing PES refinery; Akron receives first high-efficiency, natural gas boiler for new energy production plant; Climate week sadly misses the boat on natural gas; OTHER U.S. REGIONS: New research: Fracking helped lower crime rates in North Dakota; Annova LNG requests swift FERC project approval; NATIONAL: Political rhetoric aside, fracking must remain legal; Fracking ban proposed by 2020 Dems would kill millions of jobs; LNG developers looking beyond China; INTERNATIONAL: LNG buyers fret over feast-or-famine forecasts; Surging ethane demand to trigger big gas-carrier orders.
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