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Category: Energy


Energy, Industry Focus Areas

Michigan panel to discuss future of underwater oil pipelines

December 11, 2017

Via: Penn Energy

LANSING, Mich. (AP) — A government panel is scheduled for a briefing on a recent agreement between Michigan officials and the company that operates twin oil pipelines in the Straits of Mackinac. The Michigan Pipeline Safety Advisory Board will discuss […]


Energy, Industry Focus Areas

GE’s 12,000 Job Cuts Highlight Uneasy Shift to Renewable Energy

December 8, 2017

Via: Industry Week

After spending years building up its gas-power business, General Electric Co. is trying to figure out how to keep pace in a world that’s no longer all that interested in fossil fuels. The plan to cut 12,000 jobs — almost […]


Energy, Industry Focus Areas

Atlantic Coast Pipeline signs Project Labor Agreements with four leading construction trade unions

December 8, 2017

Via: PR Newswire

RICHMOND, Va., Dec. 8, 2017 /PRNewswire/ — Atlantic Coast Pipeline, LLC announced today it has signed Project Labor Agreements with the nation’s four leading building and construction trade unions. The agreements reaffirm the Atlantic Coast Pipeline project’s commitment to hiring […]


Energy, Industry Focus Areas

Antero Resources completes $1B delevering program

September 21, 2017

Via: Penn Energy

Antero Resources Corp. (NYSE: AR) has monetized over $1 billion of non-exploration and production assets including the previously announced sale of 10 million common units representing limited partner interests in Antero Midstream Partners LP (NYSE: AM) and the restructuring of […]


Energy, Industry Focus Areas, Regulations

Colorado outlines new pipeline rules after fatal explosion

September 14, 2017

Via: Penn Energy

In this May 4, 2017, file photo, workers dismantle the charred remains of a house at the location where an unrefined petroleum industry gas line leak explosion killed two people inside their home in Firestone, Colo. Colorado regulators have released […]


Energy, Industry Focus Areas

Developers ask regulators to OK Atlantic Coast Pipeline soon

September 8, 2017

Via: Penn Energy

RICHMOND, Va. (AP) — Developers of the proposed Atlantic Coast Pipeline are asking federal regulators to approve the project this month. Executives with Dominion Energy, Duke Energy and Southern Company Gas made the request in a letter Thursday to the […]


Energy, Industry Focus Areas

Oil and Gas: Premier Oil commits to advancing oil and gas technology development through ITF

September 1, 2017

Via: Penn Energy

The Industry Technology Facilitator (ITF) boasts a growing and diverse group of prominent industry players dedicated to working together to solve complex technical challenges in the oil and gas sector. Premier Oil, which has been a member since 2011, is […]


Energy, Industry Focus Areas

Oil Slides as US Shale Output Seen Rising to Record-High

August 16, 2017

Via: Industry Week

Oil traded at a three-week low after a forecast on U.S. shale growth added to mounting worries that the rebalancing process is stalling. Futures fell 0.8% in New York after 2.5% decline on Augus4 14, the biggest drop in more […]


Energy, Industry Focus Areas

Wyoming, Texas, and Pennsylvania rank as the top net energy suppliers among states

August 1, 2017

Via: Penn Energy

EIA recently released State Energy Data System estimates for net energy supply, which provide data on each state’s total primary energy production and consumption. Wyoming, Texas, Pennsylvania, West Virginia, and North Dakota ranked as the top five net suppliers of energy in […]


Energy, Industry Focus Areas

Royal Dutch Shell’s earnings more than triple in 2Q

July 28, 2017

Via: Penn Energy

Royal Dutch Shell says second-quarter earnings more than tripled as it benefited from a cost-cutting drive and recovering oil prices. The Anglo-Dutch energy giant said Thursday that profit adjusted for changes in the value of inventories and excluding one-time items rose […]