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Tag Archives: Pennsylvania

Budget makers eye revival of natural gas gross receipts tax

Pennsylvania budget

HARRISBURG, Pa. (AP) — Budget makers in an 11th-hour search for cash to support a deficit-strapped budget are considering reinstating a gross receipts tax on natural gas sales in Pennsylvania, senators said Thursday. The idea is one of several that have been brought up in budget negotiations with Democratic Gov. Tom Wolf, and House and Senate Republican majority leaders have ...

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Sourcewater – helping SWDs stay afloat in turbulent times

Among the many challenges operators face in this down-market, produced water management remains their single largest operating expense. Across the board, onshore E&P’s have significantly reduced capital investment – rig counts are down and operators have high-graded assets. Yet, while ongoing declines in the price of oil further suppress drilling and completion activity, the constant stream of produced water from ...

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Talen Completes Sale Of ‘Clean’ Plants

Talen Energy said Monday it has completed the sale of 25 renewable energy plants, including two here, to Energy Power Partners for $116 million. The renewable energy plants are in Pennsylvania, New Jersey, Vermont and New Hampshire. They have a combined 65 megawatts of generating capacity. Announced in June, the sale of the renewable energy plants includes two on the ...

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Range Resources to sell Va. natural gas operations for $876M

Range Resources Corp. said it is selling its natural gas operations in the Nora field of southwestern Virginia for $876 million to an unspecified buyer. The Fort Worth-based company, which is Pennsylvania’s No. 4 shale gas producer, said last week it expected to announce at least one sale of assets outside its core area in the Marcellus and Utica shales. ...

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7 train cars hauling coal derail in western Pennsylvania

BROWNSVILLE, Pa. (AP) — Authorities say seven train cars hauling coal have derailed in western Pennsylvania, but no injuries have been reported. Emergency dispatchers in Fayette County said the Norfolk Southern cars jumped the track in Brownsville at about 8:30 a.m. Tuesday. Several cars turned on their sides, but officials said the derailment caused no hazards and hasn’t impeded traffic. ...

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Cost-cutting helps Consol Energy turn profit

Continued cost-cutting at Consol Energy Inc. and the sale of its share in a smaller mine helped the Cecil company turn a profit during the third quarter despite falling prices for the coal and natural gas it produces. Consol early Tuesday reported net income of $119 million or 52 cents per share during the three months ended Sept. 30, up ...

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Sullivan resigns from Alpha

Brian Sullivan resigned from his position of CEO and vice president at Alpha Natural Resources last week, nearly a month after the coal company filed for Chapter 11 Bankruptcy. Sullivan has yet to comment on his departure, but the Pittsburgh Business Times reports a filing with the Securities and Exchange said he left the company to “pursue another employment opportunity.” ...

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States step up scrutiny of oil train shipments

When it comes to regulating railroads, states usually let the federal government determine policy. But mounting concerns about the safety of oil trains are making states bolder. In recent months, Oregon, Pennsylvania and Washington state have taken steps to strengthen oversight of the freight rail industry. The three join several other states — mostly led by Democrats — in policing ...

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Votes are in, Penn. Voters support Clean Power Plan

After a recent opinion poll was conducted, the majority of Pennsylvania voters fully support Obama’s Clean Power Plan. The Quinnipiac University of Connecticut recently conducted an opinion poll in Florida, Ohio and Pennsylvania.  On the poll, voters were asked about Obama’s Clean Power Plan, Iran’s nuclear pact, immigration, war with ISIS and Planned Parenthood.  During the survey, which went on ...

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Officials investigating Shell’s unsettling discovery

If there’s valuable lesson we can retain from the movie Poltergeist, it’s that developing over the burial ground for the dead can certainly throw a wrench in your plans. Shell Chemicals seemed to take the cue when human remains were discovered at the site of its proposed ethane cracker plant in Potter Township, Pennsylvania. The Times Online reports two skulls ...

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