Dominion Expects to Close Most (Not All) Buffet Pipe Deal Nov. 1
In July Dominion Energy announced it is throwing in the towel and canceling the 600-mile Atlantic Coast Pipeline (ACP) project that would have stretched from West Virginia to North Carolina. The company also announced it is selling its pipeline business to Warren Buffett (see Dominion Cancels Atlantic Coast Pipe, Sells Pipe Biz for $9.7B). Dominion announced yesterday it expects to close on most, but not all, of its pipeline deal with Buffet on Nov. 1.
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Equitrans Midstream, which used to be part of EQT as EQT Midstream, is still EQT’s main squeeze when it comes to gathering pipelines connected to its wells. The Pennsylvania Dept. of Environmental Protection (DEP) announced yesterday it has fined Equitrans $427,650 for “slips, stabilization, and erosion and sedimentation violations at pipeline sites in Greene, Washington and Westmoreland counties.”
Pieridae Energy’s Goldboro LNG project, located in Nova Scotia (with the potential to export Marcellus/Utica molecules) has been on our radar for years. In August Pieridae hired a senior VP to run the project (see
Consulting powerhouse Ernst & Young (EY) has just published results from a new survey titled “Oil & Gas Digital Transformation and Workforce Survey.” The survey/study finds “digital transformation” of oil and gas companies is essential to the future of our industry. What, exactly, is “digital transformation”? We’ll tell you.
It could have been avoided. The Pennsylvania Dept. of Environmental Protection (DEP) has no one to blame but themselves for what happened at Marsh Creek Lake in Chester County, PA, when Energy Transfer (ET), drilling underground to install a pipeline for the Mariner East 2 project, experienced a drilling mud spill in August (see
Two months ago PTT Global Chemical signed a contract with the Mountaineer NGL Storage project to use Mountaineer’s planned underground storage facility in Monroe County, OH to supply ethane to PTT’s cracker plant in neighboring Belmont County when/if the cracker gets built (see
Here’s a story we haven’t written about in two years. American Water Management Services (AWMS) owns a wastewater injection well in Trumbull County that supposedly caused a low-level earthquake (that nobody could feel) in 2014. Actually there are two injection wells located at the site, both operated by AWMS. They were both “temporarily” shut down by the Ohio Dept. of Natural Resources following the quake nobody could feel (see 
In the first half of 2020, the U.S. exported 5.4 million barrels per day (bpd) of petroleum products, a slight increase of 48,000 bpd (1%) from the first half of 2019. Wait, what? Exports went UP and not down? Even though the entire world shut down and used far less fossil fuels during 1H? That’s right. The reason we exported slightly more petroleum products is because NGLs (natural gas liquids) are part of those numbers, and the world kept using NGLs, like propane and ethane, even during the COVID shutdown.
Energy Transfer (ET), builder and operator of the Revolution Pipeline in southwestern Pennsylvania, last week received permission from the state Dept. of Environmental Protection (DEP) to reroute a section that “slipped” after record rainfall two years ago, resulting in an explosion in Beaver County.
Some fantastic news to share. Last Friday the U.S. Army Corps of Engineers reissued the second of three necessary permits required to finally finish the 92% complete Mountain Valley Pipeline (MVP) project in Virginia and West Virginia. The Army Corps reissued a permit they previously issued (but got overturned by Big Green groups in court), a Nationwide Permit (NWP) 12, allowing the project to cross over or under some 1,000 or so creeks, rivers, and wetlands.
Last week Ohio Attorney General Dave Yost filed a racketeering lawsuit against FirstEnergy, former Ohio House Speaker Larry Householder, and four of Householder’s associates, all related to an alleged $60 million bribery scandal in passing the hugely unpopular House Bill 6 (see
Last Friday the U.S. Environmental Protection Agency (EPA) announced a “settlement” (with no admission of guilt) with MarkWest Energy, with MarkWest paying a $150,000 fine for failure to monitor for air emissions leaks at its Liberty Bluestone facility in Butler County, PA.
Last week the extremely unpopular Pennsylvania Governor, Tom Wolf, vetoed a bill that would have given all citizens in the Keystone State, via their elected representatives in the state legislature, a say in whether or not the state should join the Regional Greenhouse Gas Initiative (RGGI). RGGI is a huge new $2.4 billion tax on coal and gas-fired power plants that will drive up the cost of electricity dramatically across the state.
Two days ago MDN brought you news that natural gas prices in the Marcellus/Utica region are about to get really ugly, at least for the next couple of months (see