CNX CEO Nick DeIuliis Responds to EQT Takeover Rumor

On Friday we brought you the bombshell news that EQT has floated a takeover offer for CNX Resources (see Stop Press: Sources Say EQT Trying to Take Over CNX Resources). CNX CEO Nick DeIuliis spoke to Pittsburgh Business Times ace reporter Paul Gough about the rumor…
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In June MDN told you that the East Pittsburgh Borough Zoning Board, bullied by anti-fossil fuel radicals, had revoked a permit allowing a series of Marcellus Shale wells to be drilled on the property of U.S. Steel Corp.’s Edgar Thomson steel mill, the oldest still-operating steel mill in the country (see
The Federal Energy Regulatory Commission (FERC) finally, after months of dithering, granted approval to TC Energy to begin construction of its Louisiana XPress project to beef up flows along the existing Columbia pipeline system by an additional 850 million cubic feet per day (MMcf/d) by adding three new compressor stations and expanding a fourth compressor in Louisiana.
Once again the Mariner East 2 pipeline project is up Snitz Creek…without a paddle? There have been a number of “inadvertent returns” or mud spills in Snitz Creek, place where drilling mud is used to grease a drill bit for drilling holes under the creek. Mud has popped up where it’s not supposed to. Some of the mud spills have been, literally, just a couple of gallons. NOTHING. A recent spill on Oct. 19 was for 200 gallons.
Radicalized leftists from environmental groups like the Environmental Defense Fund (EDF) are no longer content to try and prevent the construction of new natural gas pipelines, they now seek to shut down already-built and flowing pipelines. Case in point: A year ago the Spire STL pipeline came online flowing Marcellus/Utica molecules to the St. Louis area (see
Back in March, just as the COVID-19 pandemic was beginning to enter the public consciousness, some 500 people from labor unions and industry met in Pittsburgh to launch an organization called Pittsburgh Works Together (PWT), dedicated to fighting back against those who want to end southwest PA industries including steel, natural gas, and petrochemicals (see
MARCELLUS/UTICA REGION: DEP Climate Committee meets Oct. 27 to discuss abandoned oil & gas wells; CNX Resources: a worthy takeover target; Klaber’s Viewpoint: Renewables, unfortunately, aren’t free; Congress launches energy export caucus; WV lawmaker is co-chair; NATIONAL: Biden plans for Green New Deal offer devastating future; Mr. Biden will ‘transition’ you now; Biden: OK to frack for natural gas – not OK to burn it; Propane use, prices to rise alongside winter freeze, EIA says; Increasing warmth in weather models pushes natural gas futures back below $3; Exxon Mobil, still reeling from massive oil bust, to lay off workers after all; INTERNATIONAL: China’s growing niche buyers of liquefied natural gas.