Utility Companies EQT is Supplying 1.2 Bcf/d of Gas Revealed
During EQT Corporation’s third quarter 2023 update and conference call (held in October 2023), the company announced “two of the largest, long-term physical supply deals ever executed” for 1.2 billion cubic feet per day (Bcf/d) of EQT’s molecules. Those molecules will flow on the Mountain Valley Pipeline (MVP) beginning in 2027 (see EQT Sets New World Drilling Record; Deals to Sell 1.2 Bcf/d via MVP). Financial terms of the deals and the identities of the two companies receiving those molecules were not disclosed. However, EQT CEO Toby Rice said the deals were with two utility companies. This week, Argus Media published the identity of the two utility companies… Read More “Utility Companies EQT is Supplying 1.2 Bcf/d of Gas Revealed”
In April, MDN told you that the West Virginia Supreme Court was scheduled to hear oral arguments in two important oil and gas royalty cases (see 
In October of last year, MDN told you that both EQT Corporation and Tenaska are “dipping their toes” in the carbon capture and sequestration (CCS) space (see 
Penneco Environmental Solutions wants to build a second wastewater injection well in Plum Borough (Allegheny County), PA, next to an existing injection well. Penneco’s first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see 
Pennsylvania’s U.S. Senators, Dave McCormick, R-Pittsburgh, and John Fetterman, D-Braddock, have introduced Senate Bill 2044, which would move the federal Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) to Pittsburgh. It’s not an insignificant move. The DOE FECM employs approximately 750 federal employees, including scientists, engineers, technicians, and administrative staff. The federal government already employs around 20,000 people in the Pittsburgh region. This would add to that number. 
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The Japanese certainly want to stay on the good side of Donald Trump regarding trade. Yesterday, JERA Co., Inc., Japan’s largest power generation company, joined U.S. Secretary of the Interior Doug Burgum and Energy Secretary Chris Wright (the Chair and Vice Chair of the National Energy Dominance Council, respectively), along with Shigeo Yamada, Ambassador of Japan to the United States, to announce that the company has finalized several 20-year agreements to procure up to 5.5 million tonnes per year (MTPA) of LNG from the United States. 
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