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Tag Archives: Philadelphia

Range Resources losses mount on low commodity prices

Struggling with lower prices for oil and natural gas, Range Resources lost $301 million in the third quarter despite aggressively cutting its operational costs and the number of drilling rigs in the field. The Fort Worth-based energy company reported late Wednesday that it lost $1.81 per diluted share compared to a $146 million profit, or 86 cents a diluted share, ...

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Ohio, Pennsylvania, West Virginia likely to get three or four ethane cracker plants to produce ethylenes for plastics

JACKSON TWP. — Ohio, western Pennsylvania and West Virginia are likely to see three or four multi-billion dollar plants built to turn ethane from the Utica Shale into ethylene, a key ingredient for making plastics. That analysis came from Tom Gellrich of TopLine Analytics, a Philadelphia company that closely follows ethane markets, at Tuesday’s Utica Summit III that drew 125 ...

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Republican Party goes door-to-door to gauge standing for 2016 election

Odds are high that during October, someone will come door-knocking on a weekend to ask whether you plan to vote in November’s election. It’s part of the national Republican Party’s “month of action” in key battleground states such as Pennsylvania, where the party will test for holes in its new year-round ground game. Leaders want to determine strengths and weaknesses ...

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Energy leaders tout Marcus Hook as vital to taking advantage of boom

PHILADELPHIA — At many shale-related events in Washington County, officials proclaim that region, with its abundant gas reserves and wells, is the “Energy Capital of the East.” Hundreds of miles away in Philadelphia, where there is no shale drilling, leaders looking to tap into the gas boom are speaking of an energy hub that former Department of Environmental Protection Secretary ...

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Gas producers partner with utilities to extend public water lines

Seven years ago, officials at Pennsylvania American Water debated whether the company should provide water to the new shale gas industry taking hold in the state. “In the early days, there were a lot of issues around water quality and water quantity,” Senior Vice President Kathy Pape said last week during a gas industry conference in Philadelphia. “There were concerns ...

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Editorial: No secrets in rail safety

With Philadelphia trying to become a major energy hub, the wall of secrecy surrounding the condition of tracks and bridges used by trains carrying highly flammable crude oil through neighborhoods, behind schools, and past commerce centers, must come down. Every week, about 150 million gallons of crude move through the region, but the people who would be most affected by ...

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From the East Coast, Bakken Oil’s outlook not so bad

PHILADELPHIA, Pennsylvania — Doom and gloom over production declines, and a rapid decline in oil-field jobs has many people worried in North Dakota, but the outlook sketched in by analysts and energy leaders in Denver, Colorado, at the recent DUG Bakken/Niobrara Conference sponsored by Houston-based Hart Energy, presented a different picture. “Keep Calm and Drill On,” the slogan emblazoned on ...

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Contractor killed at natural gas terminal near Philadelphia

MARCUS HOOK, Pa. — Sunoco Logistics says a contractor has died in an industrial accident at its oil and natural gas storage and processing facility outside Philadelphia. Company spokesman Joe McGinn says the contractor was fatally injured around 2:30 p.m. Monday at the Marcus Hook Industrial Complex near the Pennsylvania-Delaware border. Sunoco Logistics did not release the contractor’s name. McGinn ...

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