In The News

Monday, 11/18/2013

(NGI – November 14, 2013) Brazil's Odebrecht Picks West Virginia for Cracker, Polyethylene Plants

West Virginia Gov. Earl Ray Tomblin announced Thursday that a Brazilian company, Odebrecht Organization, will explore the possibility of building a multibillion-dollar ethane cracker and three polyethylene plants in Wood County.

Meanwhile, in neighboring Pennsylvania, conflicting reports have emerged over the status of a cracker proposed by a unit of Royal Dutch Shell plc....

Monday, 11/11/2013

(InsideClimate News – November 6, 2013) Need for Keystone XL Erodes as U.S. Oil Floods Gulf Coast Refining Hub (By Elizabeth Douglass)

Many benefits being touted by Keystone supporters are being delivered by the domestic oil rush. 'It's become a political football more than anything.'


Friday, 11/08/2013

(Platts Gas Daily - November 7, 2013) EIA report not your father’s production model (By: Jim Magill)

The Drilling Productivity Report covers the Marcellus, Haynesville, Eagle Ford, Bakken and Niobrara shales, as well as the Permian Basin. It includes metrics on new-well production, legacy production, projected month-over-month output changes and total field production.

EIA touts the report as a key piece in a multi-faceted puzzle that drillers, analysts and investors need these days to model their...

Thursday, 10/31/2013

(NPR – October 28, 2013) Trains Gain Steam In Race To Transport Crude Oil In The U.S. (By: Jackie Northam)

On a quiet fall morning in the Delaware countryside, a lone sustained whistle pierces the air. Within moments, a train sweeps around a broad curve, its two heavy locomotives hauling dozens of white, cylindrical rail cars, loaded with 70,000 barrels of crude oil.

It's a scene playing out with growing frequency across the United States and Canada. The U.S. is awash in oil, due in large part to advances in drilling techniques such as hydraulic fracturing...

Friday, 10/25/2013

(The Wall Street Journal – October 18, 2013) Shell's Pennsylvania Plans Remain Dormant (By: Ben Lefebvre)

When Royal Dutch Shell unveiled plans early last year to build a multi-billion-dollar petrochemical plant outside of Philadelphia, the company saw it as a smart way to exploit the boom in natural gas coming from the region's Marcellus Shale formation.

The plant would turn ethane, which is a liquid produced alongside natural gas and oil, into ethylene, a chemical used to make plastics. Annual global demand for plastics is expected to rise by half by...