Chevron Confirms M-U Assets for Sale, Asks Vendors to Avoid Media

On Wednesday MDN told you Chevron is hinting they will sell off all of their Marcellus/Utica assets (see Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All). It’s no longer a hint. An MDN friend forwarded a copy of an email sent yesterday by Chevron’s Appalachian Mountain Business Unit (AMBU) vice president to suppliers confirming that all (yes ALL) of Chevron’s Marcellus/Utica assets are officially on the market for sale. The email also asks suppliers to ignore rumors and speculation circulating, and requests that should pesky members of the media contact them for comment, to please direct them to Chevron media relations for an official response. We have a copy of the leaked email…
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Mountain Valley Pipeline Settles Lawsuit, Pays Virginia $2.15M

In October MDN told you Mountain Valley Pipeline (MVP) had been bullied by the Attorney General in Virginia into agreeing to pay a $2.15 million fine and subject itself to stricter monitoring–an ongoing anal exam–as they complete construction of the pipeline in the state (see Fed Court Suspends Mountain Valley Pipe Permits; $2.15M Fine). MVP construction is currently on hold and is due to restart in 2020. Although the AG and MVP both agreed to the outrageous fine and oversight plan in October, it’s not official until a judge signs off–which happened on Wednesday.
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Columbia Gas of Ohio Investing $100M to Flow More M-U Gas

Columbia Gas of Ohio says it can’t build local natural gas delivery pipelines fast enough to meet the demand for new customers. “We’re adding new customers, commercial, industrial, residential, in every quadrant of the region” according to Columbia Gas President Dan Creekmur. And he doesn’t it see it stopping any time soon. So the company is spending big bucks (nine figures) to build new local gas pipelines–this year!
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Duke Energy’s Asheville, NC Gas-Fired Elec Plant Ready to Start

Duke Lake Julian site (click for larger version)

Duke Energy is ready to start up a new 560-megawatt natural gas-fired electric generating plant at its Asheville, North Carolina Lake Julian site in western NC. Duke will close down its coal-fired plants at the same site come January. The new gas-fired plant contains two 280 MW units. The new gas plant will be fed by a pipeline built by Public Service Company of North Carolina Inc. (PSNC Energy), a division of Dominion Energy. We can’t prove it, but our educated guess is that the gas that will flow to power this plant will come from the Marcellus/Utica region.
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2nd Day on Job New Energy Sec. Blasts NY for Blocking Pipes

On Wednesday, President Trump presided over the swearing in of Dan Brouillette to serve as the 15th U.S. Secretary of Energy. Vice President Mike Pence administered the oath of office. President Trump nominated Brouillette in November following the announcement of former Secretary Rick Perry’s resignation. He was confirmed last week by the U.S. Senate with a vote of 70-15. The second day on the job as Secretary, Brouillette came out swinging–at both New York and Russia.
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Alberta Forms “War Room” to Counter Fossil Fuel Lies

We’re always on the lookout for new and better ways to counter the blizzard of lies and smears against shale energy and fossil fuels coming from Big Green and its empty-headed, regurgitating supporters. Honestly, how can you counter the pile of crap they spread via mainstream media day in and day out? Perhaps our Canadian cousins to the north can show us the way. The Province of Alberta (the official government of Alberta) has opened an “energy war room” to push back against all the lies being spread about fossil fuels–in particular lies about Canadian tar sands from which a great deal of oil is extracted.
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Shale Energy Stories of Interest: Fri, Dec 13, 2019

MARCELLUS/UTICA REGION: Feds extend MVP’s reopened endangered species review by 60 days; Local students learn hands on about the oil and gas industry; OTHER U.S. REGIONS: Basic Energy selling lower 48 pressure pumping business as activity, pricing ‘remain difficult’; California regulators approve natural gas bans across state; NATIONAL: From a ‘big deal’ to no comment, here’s how ‘Exxon Knew’ activists reacted to losing the climate case they had championed; Chevron charge points to billions more in gas writedowns – analysts; New year may again bring coal to stockings of oil services companies but better times lay ahead; How global prices drive U.S. LNG cargo destinations; INTERNATIONAL: Mexico environment minister wants to prohibit fracking; Trump team wants to bring Zelensky to U.S. natural gas posts.
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