Ohio Natural Energy Foundation Accepting Scholarship Applications
If you’re a high school senior in Ohio looking for help paying for advanced education or training — whether it’s college, university, technical or trade school — listen up! The Ohio Natural Energy Institute (formerly called the Ohio Oil and Gas Energy Education Program, or OOGEEP) is now accepting applications for its 2024 scholarship program. Students can receive a $1,000 annual scholarship for up to four years ($4,000 total). Applications are being accepted through March 1 for the 2024 round.
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Interest in and speculation about a potential mega-merger between Chesapeake Energy (CHK) and Southwestern Energy (SWN) continues to build. On Monday, MDN told you about a story in the Wall Street Journal citing sources who say a merger is close and could be announced this week (see
Yes, we’ve noticed. The Henry Hub NYMEX futures price for natural gas soared yesterday. It has been on an upward trend for the last six trading days in a row. Yesterday, the NYMEX price jumped $0.21 (6.6%) to close at $3.19 per MMBtu. Spot (physical) prices have also moved higher. What’s causing it? And will the futures price now stay above $3?
Last October, MDN told you that American Energy Partners, Inc. (AEPT), based in Allentown, PA, with its fingers in several different pies, including subsidiaries in drilling, remediation, water, and more, changed its name to American Environmental Partners, Inc. (see
In October, Pennsylvania Secretary of the Dept. of Environmental Protection (DEP) Rich Negrin suddenly resigned after being on the job for less than a year (see
A press release out of Oslo, Norway, caught our attention. It was issued by Hexagon Agility, a business of Hexagon Composites. Hexagon said it had received an order from REV LNG for its TITAN Mobile Pipeline® modules — compressed natural gas (CNG) containers that get stacked on a trailer and hauled from point A to point B. REV LNG is a full-service supplier of liquid natural gas (LNG), compressed natural gas (CNG) and renewable natural gas (RNG) specializing in development, production, supply, transportation, and distribution solutions. REV is headquartered in Mendon, NY, with major operations in Ulysses, PA.
The Bidenistas are conducting a secret “review,” being led by the Department of Energy, to evaluate whether regulators should consider mythical “climate change” when deciding whether a proposed natural gas export project meets the national interest. It is a prelude to introducing new guidelines that will almost certainly block the approval of ANY new LNG export project. Yet another attack by the Bidenistas against fossil fuels in general and natural gas in particular. Surprised? We aren’t.
The research arm of Enverus (formerly Drillinginfo), one of the most trusted, energy-dedicated SaaS platforms, offering real-time access to analytics, insights and benchmark cost and revenue data, has just released its 2024 Outlook that includes a series of reports discussing topics the organization believes will shape the energy sector this year. Enverus says, “With a tumultuous year behind us marked by escalating inflation and interest rates, the challenge of navigating the Inflation Reduction Act, and the outbreak of multiple wars, the energy industry is grappling with an atmosphere of deep uncertainty. Enverus has compiled these insights from its intelligence research division into one encompassing 2024 Outlook that includes Enverus Intelligence Research’s (EIR) key energy trends to watch.” Anything Enverus has to say is worth listening to.
Yesterday, MDN told you that Constellation Energy, the owner and operator of the Everett LNG terminal, is actively trying to find new contracted customers so it can keep the import terminal open (see
Have you ever been around the kind of irritating person who says “No!” to everything? Someone who is perennially unhappy and loves to share that unhappiness with everyone around him or her? Someone who, when you offer valid solution after valid solution to a given “problem,” the person shoots each one down, unwilling to try anything? Such people are toxic. On an organizational level, we have a perfect example of such toxicness — the
Republicans control the Senate in Pennsylvania. Until last year, Republicans also controlled the House. Now, leftist Democrats control the PA House by a single seat. As narrow as the numbers are, the philosophical divide between the two parties and the two chambers with respect to environmental issues is a chasm. Republicans like Sen. Gene Yaw, Chairman of the Senate Environmental Resources & Energy Committee, are focused on safe and responsible energy development and grid reliability in 2024. On the other hand, Democrats, like Greg Vitali, Chairman of the House Environmental Resources & Energy Committee, are focused on the mythology of man-made global warming and blocking anything remotely connected to fossil fuels. It means there is little to no room for compromise on environmental issues.
The Energy Workforce & Technology Council, located in Houston, TX, is a national trade association for the global energy technology and services sector, representing more than 650,000 U.S. jobs in the technology-driven energy value chain. The Energy Workforce Council works to advance member policy priorities and empower the energy workforce of the future. The Council closely tracks job numbers from the Bureau of Labor Statistics (BLS). Yesterday, the Council issued an update on O&G job numbers for December and for all of 2023. Interesting factoid: In December, the M-U industry employed 44,192 people.
In mid-October, the rumor mill kicked into high gear with talk that Chesapeake Energy was sniffing around a merger with Southwestern Energy (see
The 303-mile Mountain Valley Pipeline (MVP), which runs from Wetzel County, WV, to Pittsylvania County, VA, is nearly done, thanks to our recent warm weather. What’s left to do? Less than one mile of “upland” pipe to install, less than 50 water/wetland crossings, and just one more compression station to finish. According to Equitrans, the majority partner and builder of MVP, the pipeline will come online in March. Finally!!!!
In early December, MDN updated you on the very real possibility that Everett LNG import terminal (Boston area), which accepts and regasifies foreign-sourced natural gas, may shut down this May following the closure of New England’s biggest natural gas-fired power plant, the Mystic Generating Station in Everett, MA (see