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Advanced Power Making Advancements in Ohio
South Field Energy is constructing a low-carbon, combined-cycle natural gas electric generating plant that is able to produce 1,182 megawatts, enough power to accommodate more than one million homes. The location of the new gas-fueled power plant is Wellsville,...
EdgeMarc Energy Official Statement
EdgeMarc Energy's official press release regarding their sale through Chapter 11 Restructuring Following Explosion of Revolution Pipeline. EdgeMarc intends to implement the sale under Section 363 of the U.S. Bankruptcy Code, which will allow the Company to provide for...
Oil and Gas Industry Induce International Tensions
Now that the battle to acquire Anadarko Petroleum has ended, a host of other key industry news items are percolating up to the top of the page. Let's review... Can't We All Just Get Along
EdgeMarc Edged out Of the Oil and Gas Game
EdgeMarc Energy, headquartered in Canonsburg, PA (with 45,000 acres of Marcellus/Utica leases), is filing for Chapter 11 bankruptcy, looking to sell all of the company’s assets. The reason? They can’t move their production to market because their main pipeline...
Chevron Cleans Up After Break up
Chevron said Thursday it will not submit a new offer to acquire Anadarko Petroleum, walking away from the deal after Occidental Petroleum pulled ahead in a battle to take control of the driller with prized assets in the top U.S. shale oil field. The Price You Pay
Can Chesapeake Stay on Top?
Chesapeake Energy has been red hot this year. Shares could continue running higher if Chesapeake reports strong first-quarter results later this week. Here are three things that would need to be in that report to give the company's stock the fuel it needs to keep...
Do You Speak Oil & Gas?
Here is a list of the lingo that confuses the folks who aren't living the oil and gas lifestyle. DO YOU SPEAK OUR LANGUAGE?
Coal Currently Cold in Ohio, but Could Make a Comeback
Coal has quickly slipped as Ohio’s dominant source of electricity even as President Donald Trump has vowed to revive the coal industry. COAL, THE COMEBACK KID?
Diversified Gas & Oil Cutting the Diversity of the Marcellus Shale Market
The Alabama-based firm is spending some $400 million to buy 56 wells in Washington County and 51 wells in West Virginia. DIVERSIFIED ACQUISITION
Anadarko Picks a Winner
With respect to its previously announced merger agreement with Chevron Corp., Anadarko said in a press release it notified Chevron of its board’s determination and it intends to terminate the Chevron merger agreement in order to enter into a definitive merger...
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