Belmont County | Energy Services | Ethane | Industrywide Issues | Ohio | Processing Plants | PTT Global
PTT Buying Homes Near Proposed Cracker Plant in Belmont County
PTT Global Chemical continues to behave is if it’s going forward with building a $7.5 billion ethane cracker in Dilles Bottom (Belmont County), Ohio. The latest evidence? The company is actively buying up homes close to the proposed site. Over the past two months the company has snapped up six homes and is in discussions right now with others.
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Equitrans, formerly known as EQT Midstream (formerly a division of EQT), released its second quarter update yesterday. Among the things we learned: The Mountain Valley Pipeline (MVP) project is now 85% complete and will be done and online in mid-2020. EQT (the driller) remains committed to the MVP project and contrary to false rumors, EQT is not pulling out (it would cost them north of $3 billion to do so!). The project cost for MVP will be around $5 billion–a new high.
America’s natural gas and oil industry announced “a landmark partnership” in late 2017 called the Environmental Partnership, to “accelerate improvements to environmental performance in operations across the country” (see 
Lee Wasserman is director of the Rockefeller Family Fund, a New York-based charity started in 1967 by heirs of oil tycoon John D. Rockefeller. Wasserman is a man-causes-global-warming Kool Aid drinker, and he uses the considerable money available to him to “fight climate change.” For a smart guy he’s really, really dumb. In a New York Times editorial last week, Wasserman paraded his ignorance for all to see by declaring the petroleum industry’s continued search for oil and gas is “rampant corporate irrationality.”
MARCELLUS/UTICA REGION: Unrealistic energy policies sting American consumers; CNX COO announces retirement; NY grid reliability at risk; OTHER U.S. REGIONS: California grid operator warns regulators on natural gas-fired plant retirements; Don’t let state regulators limit energy choice in California; Tesla unleashes Megapack battery to take on natural gas plants; Howell planners approve New Jersey Natural Gas training facility; NATIONAL: Flaring natural gas is the safer environmental option; Natural gas exports are giving US a key edge; Mid-decade milestone for US LNG exports; Inslee’s climate bubbles (video); INTERNATIONAL: TC Energy reaches agreement to sell Ontario natural gas-fired power plants for $2.87 billion; Surf’s Up…Second wave of LNG is here; Don’t ‘demonize’ energy firms: BP boss says climate activists should avoid polarizing society.
The last time MDN reported on Tug Hill Operating was more than two years ago, a story about Tug Hill’s XcL Midstream subsidiary working to build a new gathering pipeline system in West Virginia to flow gas that would come from Tug Hill’s THQ Appalachia drilling subsidiary (see 
The actions of one man seeking access to confidential risk assessments and plans for the Mariner East pipelines in the Philadelphia area will, if successful, put information into the public domain that terrorists can potentially use. Note we don’t believe it is the intent of this man to grant access to sensitive information to terrorists. But that is the consequence, the outcome, the result of his actions–if a court now reviewing the case grants his request.
Canada’s National Energy Board (NEB) has approved TC Energy’s agreements with natural gas retailers in Eastern Canada, to flow Western Canadian gas to Canada’s East Coast and New England. TC Energy (formerly called TransCanada) cooked up a plan to expand an existing pipeline in New England and connect it to a point in Quebec to flow gas from the opposite side of the continent, Western Canadian natural gas (over 1,000 miles away), into New England and from there back up into Canada (see 
Columbia Gas of Massachusetts (NiSource) continues to recover (physically and reputationally) from a series of explosions last September in its local delivery pipelines north of Boston (see 
The same U.S. Fourth Circuit Court of Appeals judges who quoted from Dr. Seuss’ book “The Lorax” in a previous decision against Dominion Energy’s Atlantic Coast Pipeline (ACP) have, once again, delivered another blow to ACP. In a very poor decision issued on Friday, the clown judges overturned reissued permits from the U.S. Fish and Wildlife Service (FWS) for the project, claiming the permits don’t do enough to protect bumble bees and bats.
Cabot Oil & Gas is the only Marcellus/Utica driller that is profitable quarter after quarter and year after year. So the market pays attention to what Cabot does, because they’ve figured out how to make money in a low commodity price environment. Last Friday Cabot released second quarter numbers. CEO Dan Dinges talked about the balance of 2019 and even a bit about what to expect in 2020.