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PG&E Files for Reorganization Under Chapter 11
January 30, 2019
PG&E Corporation and its primary operating subsidiary, Pacific Gas and Electric Company, filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of California. “Our most important responsibility is
WBI Energy Set to Start North Bakken Gas Pipeline Expansion Project, North Dakota
January 29, 2019
A new natural gas pipeline is proposed for the core of the Bakken. MDU Resources Group has announced that subsidiary WBI Energy plans to construct the North Bakken Expansion Project, adding 67 miles of pipeline in Williams and McKenzie counties.
Republican Senators Introduce Bill to Streamline Oil and Gas Development Permitting
January 29, 2019
Several Republican Senators have reintroduced a bill to streamline oil and gas development permitting in the U.S., aimed at boosting mineral revenues for states and reducing regulatory burdens and costs. U.S. Senator John Barrasso (R-WY), together with Senators Mike Enzi
Shale Drilling Expands as Oil Rebounds
January 29, 2019
Oil explorers expanded drilling in U.S. fields for the first time this year as rising crude prices buoyed optimism. The number of rigs targeting oil in the country rose by 10 this week to 862, according to data released Friday
Plans to Unlock Offshore Resources is Great News for America’s National Security
January 29, 2019
U.S. District Judge Richard Gergel recently barred the Interior Department from moving forward with its offshore drilling plans until the federal government reopens. According to his injunction, the department is prohibited “from taking action to promulgate permits ... or take
Trump Eyes Action to Limit States’ Powers to Block Pipelines
January 28, 2019
The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to three people familiar with the deliberations. The effort, possibly done through an executive order, is aimed
U.S. Oil Production to Surge Past Russia and Saudi Arabia Combined
January 28, 2019
Booming U.S. oil and gas production is set to propel the country past the combined output of Russia and Saudi Arabia in as soon as six years. The U.S. is on track to produce more than 24 million barrels per
Oil and Natural Gas Touted as Best Hope for West Virginia at Conference
January 28, 2019
The status of the proposed Appalachian Storage and Trade Hub, as well as the oil and gas industry in general, was a primary topic Wednesday at the 2019 winter meeting of the Independent Oil & Gas Association of West Virginia.
Pennsylvania Impact Fees on Shale Wells Projected to Break Record this Year
January 28, 2019
Pennsylvania’s impact fee on shale gas wells is expected to raise a record $247 million this year, driven in part by the anticipated receipt of millions of dollars in past fees that the state plans to collect after winning a
Celanese to Acquire Linde’s Synthesis Gas Production Unit, Texas
January 25, 2019
Celanese Corporation, a global chemical and specialty materials company, has signed a definitive agreement to acquire a 365 kilo tons per annum synthesis gas production unit from Linde. The production unit is located at the Celanese Clear Lake acetyl intermediates
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