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NextEra Sells Meade Pipeline, Including Marcellus Central Penn Line
It took over two years, but NextEra Energy finally sold its ownership interest in Meade Pipeline Co LLC to investment company Ares Management Corporation for $1.1 billion. You may recall that NextEra acquired Meade Pipeline for $1.37 billion in 2019 (see NextEra Energy Buys 39% Stake in Atlantic Sunrise Pipeline for $1.37B). You don’t often see the sale of such an asset for less than the original purchase price. Meade originally was a small consortium that invested in the Atlantic Sunrise pipeline project, which is majority-owned and operated by Williams, as well as a feeder pipeline for Marcellus molecules to the massive Transco Pipeline system. Read More “NextEra Sells Meade Pipeline, Including Marcellus Central Penn Line”
Last week, we told you that, although she has not publicly admitted it, New York Governor Kathy Hochul has approved the Northeast Supply Enhancement (NESE) pipeline project (see 
The fight in Marietta, OH, over DeepRock Disposal Solutions’ plan to build a fifth shale wastewater injection well is getting heated. Opposition to the well has made for some very strange bedfellows. The Republican City Council is utilizing the legal services of the radicalized Earthjustice green group to challenge a permit issued by the Ohio Department of Natural Resources, which would allow the well in Marietta, OH (see 
Our friend Bill desRosiers, Manager of Government and External Affairs at Coterra Energy, has authored an excellent article and white paper addressing the topic of how the oil and gas industry can use virtual reality (VR) to attract new blood to the industry. The oil and gas industry is facing a significant workforce challenge: nearly 400,000 U.S. energy workers are nearing retirement, while younger generations remain hesitant to enter the field. In spring 2025, Coterra partnered with Xalter to deploy a multi-state pilot VR program to prepare the next generation of energy workers. Bill draws back the curtain to discuss the company’s experience in using VR for training and to attract new talent to the company. 
In February 2016, Shell completed a $69.7 billion buyout and merger with BG, the largest such oil and gas deal since Exxon bought Mobil in 1999, driven by the company’s love of LNG (see 
MARCELLUS/UTICA REGION: Steel Nation names Eric Deliere superintendent/project manager; NATIONAL: NYMEX natural gas turns higher after lower start; Constellation appoints Alan Armstrong to Board of Directors; Two U.S. markets occasionally produce more electricity from coal than from natural gas; When the NYT fairly reported on global warming (December 13, 1989); Shale boom reshaped gas market, made U.S. major LNG exporter; INTERNATIONAL: Oil price suffers steepest fall since June; OPEC Plus poised to agree fresh output hike; Ukraine targets critical oil infrastructure, a severe blow to Russia’s military and economy.