The French government has asked one of its own companies, Engie, to hold off on signing a deal worth $7 billion to buy U.S. LNG from NextDecade’s planned Rio Grande export facility in Brownsville, Texas. It seems France thinks our fracked-gas LNG is too dirty for them.
Read More “France Blocks $7 Billion U.S. LNG Deal as “Too Dirty””
There is another new scam being perpetrated on the liquefied natural gas (LNG) sector. It’s called “green LNG.” Supposedly pimple-faced millennial investors are demanding the companies they invest in (with some $110 trillion worth of money) clean up their carbon dioxide emissions or the spoiled kids will refuse to invest. Some LNG companies are going to extraordinary lengths to prove their green worthiness to these idiots.
Read More ““Green LNG” – The Latest Carbon Tax Scam”
Looks like the rumors were true, at least one of them. Yesterday EQT announced it has cut a deal to buy Chevron’s considerable Appalachian assets for $735 million. The Reuters rumor from September said EQT had offered $750 million (see Sources: EQT Offering $750M for Chevron’s Marcellus/Utica Assets). Also yesterday, EQT floated up to 23 million new shares of stock, on offer for $15.50 per share, attempting to raise ~$350 million to use toward the Chevron purchase.
Read More “EQT Buys Chevron M-U Assets for $735M, Floats $350M in New Stock”
Eagle Manufacturing, located in Wellsburg, WV, was struggling in the early 2000s. The company makes plastic safety products. Foreign competition was hammering the company (tough to compete with children in China who work in factories for a dollar an hour). The company almost offshored production to China, but decided to stick it out a few more years here at home. And then the Marcellus/Utica Shale miracle happened.
Read More “Shale Energy Saving Manufacturing Plants, Jobs in Appalachia”
Anti-fossil fuel nutters believe they have an opening to try and bully the Federal Energy Regulatory Commission (FERC) into de-certifying a fully permitted and ready-to-start compressor station in Weymouth, Massachusetts because of an “emergency” release of a few puffs of natural gas during final testing of the facility.
Read More “Anits Ask FERC to Keep Ready-to-Start Weymouth Compressor Closed”
If you want to know what a Biden/Harris administration will look like, how it will treat the fossil fuel industry (specifically oil and gas), you can wind the clock back and look at the Obama/Biden administration and get a pretty good idea. Dan Doyle, president of Reliance Well Services, a fracking company based in Pennsylvania, lived through the hell of the Obama years. The Obama administration targeted Dan’s company and Dan personally (IRS, Dept. of Labor, Attorney General). Doyle says Obama “weaponized” the federal government against the shale industry and his company, and Biden will do the same. He reveals just how they operate.
Read More “M-U Fracker Explains How Biden Presidency Will End U.S. Oil Boom”
Two shale wastewater injection well companies, DeepRock Disposal and Fountain Quail Energy Services, have merged. The combined company is keeping the DeepRock Disposal name. The new entity is one of the largest SWD (saltwater disposal well) operators in the Appalachian Basin with 12 wells located in Ohio and West Virginia (with permits for several more). However, the bigger news (for us) is that DeepRock plans to offload barged frack wastewater–very soon.
Read More “DeepRock & Fountain Quail Merge, Form Major M-U Injection Well Co.”
Energy Transfer (Sunoco Pipeline) is pushing back against a demand by the Pennsylvania Dept. of Environmental Protection (DEP) that the company’s Mariner East 2X pipeline project be rerouted around Marsh Creek State Park (in Chester County, PA) following a drilling mud spill in August. Sunoco has asked the PA Environmental Hearing Board, a special court created to hear appeals of DEP decisions, to override the DEP’s demand to reroute ME2X.
Read More “Sunoco Appeals DEP Order to Reroute ME2 Pipe from Marsh Creek Park”
Adelphia Gateway is a plan to convert an old/existing 84-mile oil pipeline stretching from Northampton County, PA through Bucks, Montgomery, and Chester counties, terminating in Delaware County at Marcus Hook, into a natural gas pipeline–flowing Marcellus gas to southeast PA. Earlier this month the project received permission from the Federal Energy Regulatory Commission (FERC) to begin work on converting part of the existing pipeline.
Read More “Adelphia Gateway Pipeline Gets OK to Begin Some Construction”
This would be funny if it weren’t so darned sad. In Lansing, NY, just outside of Planet Ithaca in Tompkins County, the local utility (NYSEG) wanted to build a short pipeline in 2017 to supply new customers with natural gas, but was blocked by crazies who irrationally hate fossil fuels (see Lansing NY Officials Fight Back Against Tinfoil Hat Fossil Fuel Haters). The pipeline was never built and since that time businesses and homeowners who wanted to build in the town have gone elsewhere. There’s the unmistakable stench of economic death in the air around Lansing (see Natgas Customer Moratorium Killing Ithaca Suburb of Lansing, NY). NYSEG now has an alternative to building the pipeline–turn down the thermostat.
Read More “NYSEG Tells Lansing, NY Turn Down Thermostat to Avoid Gas Shortage”
A lawsuit against Pennsylvania driller EdgeMarc Energy that began in 2018 is finally settled. In Sept. 2018 MDN told you about a single former employee of EdgeMarc launching what turned into a class action lawsuit against the company alleging some employees were misclassified as independent contractors and denied overtime pay (see EdgeMarc Energy Sued for Failing to Pay Overtime – Class Action).
Read More “EdgeMarc Energy Settles $1.2M Class Action Lawsuit re Overtime”
There is a reason why President Trump and sleepy/creepy Uncle Joe Biden are visiting Pennsylvania so much. It is one of the “battleground” states, likely THE state, that will determine who wins the presidential race next week. The key issue both candidates talk about is fracking. Joe Biden (says Donald Trump) will take away the right to frack in PA, and along with it thousands of jobs. Biden insists he won’t ban fracking, but in the next breath says he will “transition” the country away from using oil (and gas, all fossil fuels) over the next 15 years. Which is, in essence, a ban on fracking.
Read More “The 2020 Election All Comes Down to Fracking in Pennsylvania”
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…
Read More “CNX CEO Nick DeIuliis Responds to EQT Takeover Rumor”
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 Town Revokes Permit to Drill Shale Well at Pittsburgh Steel Mill). The Zoning Board voted last Thursday 3-2 against an appeal by the driller to reissue the revoked permits. The driller has promised to take it to court.
Read More “Town Rejects Permit to Drill Shale Well at Pittsburgh Steel Mill”
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.
Read More “FERC Finally Approves Louisiana XPress Compressor Construction”
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.
Read More “PA DEP Hassles Mariner East Pipe for Tiny Snitz Creek Mud Spill”