Dominion Compressor Leak in PA Contaminates Local Water Supply

Potter County, PA

The Public Herald, an “independent” news organization, is reporting a leak of ethylene glycol (antifreeze) used as a coolant in Dominion Energy’s Stateline Compressor Station in Genesee (Potter County), PA has contaminated the water supplies for several nearby neighbors. The leak led to a small fish kill in a nearby pond. Dominion is aggressively investigating the situation, along with the Pennsylvania Dept. of Environmental Protection (DEP).
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TC Energy Asks FERC for More Time to Build Potomac Pipeline

TC Energy’s Columbia Gas Transmission subsidiary has not given up on building a 3.37-mile, 8-inch pipeline under the Potomac River. The pipeline, from Maryland on one side of the river to West Virginia on the other side, will be built to feed a larger pipeline project from Mountaineer Gas called the Eastern Panhandle Expansion. The crazy anti-fossil fuel loons who run Maryland are trying to block the project. Columbia is asking the Federal Energy Regulatory Commission (FERC) for more time to get it built because of Maryland’s interference.
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Riverkeeper Campaign to Pass Local Laws Banning LNG Transport

The devious minds at THE Delaware Riverkeeper are working in overdrive. In an apparent concession that their lawsuits to try and stop the New Fortress Energy LNG liquefaction facility from getting built in Wyalusing (in northeastern PA) by stopping the construction of a new dock New Fortress wants to build on the Delaware River, Riverkeeper is changing strategies. If they can’t stop the facility and they can’t stop construction of the loading dock (in Gibbstown, NJ), Riverkeeper hopes to convince towns between Wyalusing and Gibbstown to pass zoning ordinances forbidding the transport, via truck or rail car, of LNG through their communities.
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Fracker Halliburton Charts New Course – Away from the U.S.

Yesterday Halliburton was the first of the big three oilfield services companies (Baker Hughes and Schlumberger being the other two) to release second-quarter numbers. While on paper the company lost $1.7 billion due to an impairment charge, Halliburton actually made $456 million in free cash flow–after axing workers and cutting dividend payments. But the big news (for us) from yesterday’s 2Q update was a comment by Halliburton CEO Jeff Miller that the company will look to markets outside the U.S. to grow in the future.
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Chevron Buying Noble Energy in Deal Worth $13 Billion

Last year Chevron tried to buy Permian driller Anadarko Petroleum for $50 billion. Occidental Petroleum swooped in at the last minute and lured Anadarko away in a $57 billion deal. Chevron left the marriage altar with a cool $1 billion in breakup fees (see Chevron Leaves the Altar with $1B, Waves Goodbye to Anadarko). Chevron is now glad they got jilted because they’ve just brokered a new deal–to buy Noble Energy for $5 billion in stock and assumption of $8 billion in debt for a grand total of $13 billion. It’s a far lower amount and much more bang for the buck.
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The Future of Pipelines Post-ACP – Shorter & In-State

We’ve read a lot of stories in mainstream media about the cancelation of the Atlantic Coast Pipeline (ACP) by Dominion Energy announced earlier this month (see Dominion Cancels Atlantic Coast Pipe, Sells Pipe Biz for $9.7B). Most of the stories lump ACP with other recent bad news about pipeline projects, like the Dakota Access Pipeline being ordered to shut down, and conclude it’s lights out for new pipeline projects. But is it?
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Shale Energy Stories of Interest: Tue, Jul 21, 2020

MARCELLUS/UTICA REGION: Wooing petrochemical plants in the age of COVID-19; Atlantic Coast Pipeline capacity hinders Cabot’s growth potential; OTHER U.S. REGIONS: California regulators reiterate support for gas phase out; Permian well shut-ins wind down, but natural declines extend oil, gas downturn; NATIONAL: Lawsuits seek transparency on coordination between state AG offices and outside organizations; EIA forecasts U.S. petroleum demand will remain below 2019 levels for several more months; URTeC 2020: Opening session speakers see industry recovering, but ESG issues loom large; Future-proofing gas generation for the coming carbon-free world; Nat gas prices crash as U.S. exports fall; INTERNATIONAL: New US sanctions block Putin’s pipeline despite Danish breakthrough; Russia and Saudi Arabia are rooting for Biden…Here’s why.
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