Home / Tag Archives: eqt

Tag Archives: eqt

DEQ: Proposed pipelines must meet environmental standards

RICHMOND, Va. (AP) — A state agency has informed the developers of two multibillion dollar natural pipelines proposed in Virginia and West Virginia that their projects will have to meet specific environmental standards. Media outlets report the Department of Environmental Quality sent letters last week to Dominion Transmission Inc. and EQT, saying they will be required to meet certain erosion ...

Read More »

Former EQT exec confirmed as new Pa. PUC commissioner

The Pennsylvania Senate unanimously confirmed a former EQT Corp. executive today as the state’s newest public utility commissioner. Andrew Place, formerly EQT’s corporate director for energy and environmental policy, was nominated for the five-member Public Utility Commission by Gov. Tom Wolf in May to replace James Cawley, whose term expired at the end of March. He was confirmed by the ...

Read More »

EQT attracts offers for Dutch oil storage firm Koole – sources

LONDON/FRANKFURT – Swedish buyout group EQT has received offers for its Dutch oil storage group Koole Terminals valuing the business at more than 1 billion euros ($1.1 bln), several people familiar with the deal said. The investor last week collected more than 10 tentative bids, mainly from infrastructure investors, and will now pick several groups to submit final bids, the ...

Read More »

Profit falls at EQT on low shale gas prices

A 40 percent drop in natural gas prices is eroding profits at EQT Corp. despite continued increases in production. Net income at the Downtown-based company fell by 95 percent to $5.5 million, or 4 cents per share, during the quarter that ended June 30, compared to $110.9 million, or 73 cents per share, during the same period last year, EQT ...

Read More »

Methane leaks reportedly decrease in Pennsylvania

Methane leaks from shale gas drilling in Pennsylvania continue to decline, even with increased production and more wells going online, according to data from the state Department of Environmental Protection. The agency on Monday reported decreases in total methane and carbon monoxide released into the air in 2013. Total nitrogen oxide, sulfur dioxide and volatile organic compounds from shale wells ...

Read More »

As natural gas pipes drop, budgets, jobs are scaled back

When “Dallas” was a top-rated television show back in the ’80s, oilmen were portrayed as wildcatters, the last of a breed of take-no-prisoners businessmen who took risk after risk. Wildcatters, even fictional ones like J.R. Ewing, and real ones like T. Boone Pickens, drilled where their gut told them. Sometimes they won, sometimes they didn’t. The wildcatters were true boom ...

Read More »

Proposed W.Va.-Va. pipeline finding some resistance

CHARLESTON, W.Va. — Companies proposing a natural gas pipeline from West Virginia to Virginia are threatening legal action against property owners who refuse to allow surveyors on their land. Mountain Valley Pipeline is a joint venture between EQT Corp. and NextEra Energy Inc. It would run from Wetzel County, West Virginia, to another pipeline in Pittsylvania County in Southside Virginia. ...

Read More »

Canonsburg company finds niche in shale drilling for treating wastewater

wastewater

The way Aquatech figures, it makes more sense to treat shale gas wastewater where its born — at the well — than to treat it off-site. The Canonsburg-based company treats and recycles industrial wastewater with a growing division dedicated to water-intensive shale gas drilling operations. “We feel if you can reuse the water, that’s the cheapest mode of disposal,” said ...

Read More »