Antis on Tirade Against Duke Energy Plan to Build Gas Power Plants

Duke Energy has plans to build multiple new clean-burning natural gas-fired power plants to supply its grid over the next 15 years–some 4.7 gigawatts of new gas-fired plants (see Duke Energy Plans Lots of New Gas-Fired Plants in NC/SC/Elsewhere). Of course, anti-fossil fuel wackos are objecting. They have a “better” plan in mind for you…
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PennEast Pipe Files Supreme Court Brief; Timeline for Construction

On Monday PennEast Pipeline filed its opening brief in a case to be heard by the U.S. Supreme Court in April. The case appeals a lower court ruling that disallows PennEast from using eminent domain to build across land owned or controlled by the State of New Jersey. PennEast calls the previous ruling by the 3rd Circuit Court of Appeals “deeply flawed” and “seriously misunderstands both eminent domain and sovereign immunity.” What are PennEast’s chances of winning, and if they do win, when will PennEast get built?
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Marcellus/Utica Drillers Going Whole Hog on ESG Efforts

Although we’ve heard about ESG (environment, social, governance) efforts by shale companies for years, it seems as though Marcellus/Utica drillers have only recently begun to get the ESG religion. In December we told you about an ESG panel discussion at Hart Energy’s DUG East event, normally held in Pittsburgh but virtual this year (see M-U Companies Must “Walk the ESG Walk” to Get Investment Money). And just a few weeks ago we brought you a deep dive into the ESG issue from RBN Energy (see What, Exactly, is ESG and Why are Shale Companies Embracing It?). During the recent spat of 4Q/2020 updates from M-U drillers, we’ve seen a big push on ESG.
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PA DEP Finally Allows Revolution Pipe to Restart – After $125K Fine

Some two and a half years after Energy Transfer’s (ET) Revolution Pipeline entered service in western Pennsylvania and exploded following a landslide, the pipeline finally returned to service yesterday. The Pennsylvania Dept. of Environmental Protection (DEP) issued a press release to say it had extracted another $125,000 from ET and has allowed the pipeline to resume service.
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Duke Energy Finally Begins to Build 12-Mile Cincinnati NatGas Pipe

In September 2016, local utility company Duke Energy filed a plan to build a critically-needed natural gas pipeline near Cincinnati, OH to replace an old pipeline built in the 1950s. Duke needs to replace the pipe or some of the half-million Duke customers in the region won’t get natural gas anymore. Following multiple revisions to the plan to satisfy anti-pipeline wackos (who will never be satisfied), in November 2019 the Ohio Power Siting Board gave Duke final approval to build the Central Corridor Gas Pipeline Project along an alternative route (see Ohio Approves Duke Energy 14-Mile Cincinnati NatGas Pipe). Duke announced yesterday they have finally begun work on the project.
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Delaware Court Strikes Down Williams Poison Pill Provision

Talk about closing the barn door after the horse is gone! In March 2020 midstream (pipeline) giant Williams issued a press release to say they had just swallowed a poison pill (see Williams Swallows Poison Pill to Prevent Company Takeover). The “limited duration stockholder rights agreement” was set to expire a year later, March 20th of this year. A Delaware court last week struck down the poison pill measure, less than a month before its expiration. Big whup–it’s already done its job.
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PA DEP Picks Pocket of Sunoco Another $497,000 for ME2 Pipe

The Pennsylvania Dept. of Environmental Protection (DEP) is sticking its sticky fingers into the pocket of Energy Transfer/Sunoco one more time, and this time drawing out nearly half a million dollars to pay for a series of small spills of nontoxic drilling mud in Snitz Creek in Lebanon County. It isn’t the first time the DEP has fined ET for Mariner East 2 (ME2) work. We’ve lost track of how many millions of dollars ET/Sunoco has paid in various fines–some of it legit, some of it (in our opinion), not legit.
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Mountaineer NGL Storage Hub Reapplies for Permits, Building Soon?

Last fall Mountaineer NGL Storage, a $500 million project in Monroe County, OH to build underground storage for ethane and other NGLs, asked Ohio regulators to cancel a key permit for the project (see Mountaineer Asks Ohio to Cancel NGL Storage Hub Permits). Our understanding was that until PTT Global Chemical makes a final investment decision (FID) to build an ethane cracker in nearby Belmont County, OH, Mountaineer would not be ready to proceed. The two projects will move along together. We thought Mountaineer would wait to reapply for the permit after PTT announces. PTT has not announced, yet according to statements from Mountaineer’s CEO, the company is now waiting on permits to proceed and hopes to begin construction “later this year.” Ergo they have already reapplied.
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Equitrans 4Q Update: Still on Track to Complete MVP This Year

Yesterday Equitrans Midstream, formerly EQT Midstream, delivered its fourth quarter and full-year 2020 update. A key focus for the company is completing the 303-mile Mountain Valley Pipeline (MVP) project from Wetzel County, WV to Pittsylvania County, VA. Company officials yesterday expressed confidence they will get the balance of the 92% already-completed project done and fully online by the end of this year. That is terrific news indeed!
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MVP Asks FERC to OK Final Water Crossings, Antis Get Desperate

Yesterday Equitrans Midstream issued its 4Q and full-year 2020 update (see today’s lead story). There was discussion during the Q&A portion of yesterday’s Equitrans conference call referring to the company’s recent request to the Federal Energy Regulatory Commission (FERC) to change the type of stream crossing process it can use at 120 locations to cross 181 water bodies and wetlands so it can complete the Mountain Valley Pipeline (MVP) project this year.
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Williams 4Q Update: Marcellus G&P Hits Record High – G +7%, P +9%

Our headline is a bit cryptic, so we’ll explain right up front that G&P stands for gathering and processing. In pipeline giant Williams’ latest update (covering 4th quarter and full-year 2020) company reps said the Northeast G&P unit “continues to come on very strong producing record results and contributing $29 million of additional EBITDA this quarter.” They also said Northeast (namely Marcellus) gathering volumes grew by 7% in 4Q, and processing volumes grew by 9%.
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Marcellus Stagecoach Sees Record Volumes, Con Ed Wants to Sell

In 2016 Crestwood Equity Partners formed a joint venture with New York City’s largest utility company, Consolidated Edison Inc., to operate a critical link of pipelines and storage facilities in the heart of the Utica/Marcellus, called Stagecoach Gas Services (see Con Ed & Crestwood Seal the Deal on Marcellus Pipeline/Storage JV). Crestwood, which owns and operates midstream businesses in multiple shale plays across the United States, released its fourth-quarter and full-year 2020 update yesterday. The big news (for us) is that Crestwood partner Con Ed is looking to sell its 50% share of the Stagecoach jv.
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PTT Says Recent Reports of Ohio Cracker Decision Delay “Not True”

Last November we brought you the news that PTT Global Chemical was changing the timeline (again) for a final investment decision (FID) to build a $10 billion ethane cracker plant in Belmont County, OH, this time to the middle of 2021 (see PTT Delays Final Cracker Decision to at Least Middle of 2021). Late last week rumors began to swirl following an article in the Bangkok Post that PTT has delayed the FID beyond mid-year. PTT was quick to respond and say that’s “just not true.”
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Big Green Loses Federal Lawsuit to Block MVP from Finishing

In January several Big Green groups, including the odious Sierra Club, asked the Democrat judges on the D.C. Circuit Court of Appeals to overturn a FERC order from last December that allows the 92% complete Mountain Valley Pipeline (MVP) to resume certain portions of construction (see Big Green Groups Sue FERC to Block MVP from Finishing). What do you know? The Democrat judges on the D.C. Circuit turned down the request by Big Green.
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FERC Considers Canceling Already Built/Running Weymouth Compressor

There’s nothing like changing the rules of the game after the game is done and over. Sounds like something a petulant child would do, but in this case the petulant child is the Democrat-controlled Federal Energy Regulatory Commission (FERC) potentially rewriting rules (after the game was played) in an attempt to shut down a brand new, state-of-the-art, fully functional compressor station that’s delivering 133 MMcf/d (million cubic feet per day) of extra natural gas supply to New England and beyond. Welcome to the dystopian world of Joe Biden and Dick Glick.
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Chester Co DA’s “Buy a Badge” Case Against ME2 Pipe Complete Bust

Last August we told you about the politically-motivated prosecution (by the Chester County, PA District Attorney’s office) of men connected to a security firm providing off-duty constables to protect Mariner East 2 (ME2) pipeline construction sites (see Chester DA Persecution of Off-Duty Constables Guarding ME2 Pipe). Last June a Chester County Magisterial District Judge dismissed the entire case against the local head of security for Energy Transfer (builder of ME2) in what the Chester DA’s office lyingly calls a “buy a badge scheme” (see Chester DA Charges Against ME Pipe Security Chief Tossed by Judge). Since it couldn’t hurt Energy Transfer, the DA’s office decided to go after the security firm hired by Energy Transfer instead. Talk about low. After several more dismissals, the case is now almost completely resolved–with NO convictions of any kind. That is, the entire case against ET and the security guards is a bust. A waste of time and taxpayer money.
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