New Fortress Energy Exits Restructuring; What Now for Wyalusing?
Back in March, MDN told you that New Fortress Energy (NFE) had entered a voluntary UK Restructuring Plan — the British cousin of a U.S. prepackaged bankruptcy (see New Fortress Energy Enters UK Equivalent of Prepackaged Bankruptcy). Six months later, it’s done. NFE announced last Friday that the restructuring is complete, the Brazilian business has been cut loose, and roughly $5.7 billion of debt has been wiped off the books. The company that walks out the other side is a much smaller animal than the one that walked in. And here’s the part that ought to interest Marcellus watchers: when CEO Wes Edens listed off what “New NFE” actually owns now, Pennsylvania didn’t make the list. Read More “New Fortress Energy Exits Restructuring; What Now for Wyalusing?”

Big Green scored a win yesterday — but not the win they’re telling you they got. On Tuesday, September 8, a three-judge panel of the U.S. Court of Appeals for the Third Circuit vacated the Clean Water Act Section 401 water quality certification (WQC) that the New Jersey Department of Environmental Protection (NJDEP) issued last November for Williams/Transco’s Northeast Supply Enhancement (NESE) project — the $1 billion, 400,000 Dth/d expansion that carries Marcellus gas from Pennsylvania, across New Jersey, under Raritan Bay, and into New York City (see
A free-market think tank in New Jersey has published a report that says out loud what MDN readers figured out years ago: the Garden State keeps its lights on with natural gas — a lot of it, Marcellus gas — while chasing a 2035 clean-electricity mandate propped up by offshore wind that does not exist and batteries that have barely been built. The report, Reliability Before Retirement: Reassessing New Jersey’s 2024 Energy Master Plan, comes from the Garden State Initiative (GSI), a Morristown-based nonprofit that pushes free-market policy in one of the least free-market states in America. Author Anurag Bhat is no fracking cheerleader — he’s a sustainability-credentialed analyst who co-wrote GSI’s 2025 critique of the same Energy Master Plan (EMP). Which makes the findings that much more useful to us.
Last November, New Jersey (and New York) issued a federal Clean Water Act permit to build the Williams Northeast Supply Enhancement (NESE) pipeline project (see
As we reported last week, anti-fossil fuel fanatics haven’t given up on trying to block construction of the Williams Northeast Supply Enhancement (NESE) pipeline, a $1 billion+ project designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets (see
Yesterday, MDN told you that power generation giant LS Power announced a plan to add more than 700 megawatts (MW) of new electric generating capacity across the PJM grid by modifying and expanding gas-fired plants already in existence in Pennsylvania, Ohio, and Virginia (see