The Commonwealth’s leaders want to use the state’s position as a world natural gas giant as a catalyst for significant job and revenue growth.
The industry will have an even lower than expected ceiling on the level of working gas storage at the start of the heating season.
Marcellus and Utica production has resulted in more than $25 billion worth of new gas-fired power plants in Pennsylvania, Ohio and West Virginia.
Brent and WTI have backed off recent highs. Brent fell $2.42/bbl last week to average $82.54/bbl.
North American imports have waned to a minimum following the advent of shale across the continent.
Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.
Prices are careening wildly and they won’t stabilize anytime soon, say analysts.
Diversified Gas & Oil, known as DGO, said it acquired Core Appalachia Holding, a conventional producer and processor of natural gas in the southern Appalachian Basin.
BP launched a broadside against those calling for investors to sell out of oil and gas companies and warned this approach threatened energy security and the global economy.
Antero Midstream is set to combine with its general partner and emerge as a C-corp entity under a new moniker.
The midstream market has evolved. Siemens evolved with it, to meet the emerging needs of pipeline operators globally.