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Tag Archives: Philadelphia

Rex Energy puts Marcellus shale drilling site work in Middlesex on hold during appeals

Rex Energy has suspended development of a controversial Marcellus shale drilling site in Middlesex, Butler County, until appeals are settled, according to a letter sent to several people who live in the area. “At this time, the duration of the delay in operations is not known,” said the letter from Mary Ann Fox, vice president of land development for State ...

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Refinery head asks Phila. officials to ‘reclaim’ PGW sale

The Philadelphia refinery executive who is leading an effort to promote the region as an energy hub called on city officials Friday to “reclaim” a collapsed $1.86 billion sale of the municipal gas utility. Philip Rinaldi, chief executive of Philadelphia Energy Solutions, urged Mayor Nutter and Council President Darrell L. Clarke to restart the sale process after Clarke’s surprise announcement ...

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Philadelphia’s plan to sell gas utility is dead

PHILADELPHIA — City Council members are effectively killing the proposed sale of Philadelphia’s gas utility to a Connecticut company, saying the risks of the deal outweighed the benefits to utility customers and the city. Council president Darrell Clarke said there was “no appetite” for the proposed $1.86 billion sale of Philadelphia Gas Works to UIL Holdings Corp., which required approval ...

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Targa to acquire Atlas midstream assets for $7.7 billion

Atlas Energy LP has inked a $7.7-billion deal in which Targa Resources Corp. of Texas will acquire most the the company’s assets. The Philadelphia-based company, which was once one of the leading producers in Pennsylvania but has shifted to the midstream sphere through its pipeline subsidiaries, is selling off all its midstream assets. Those include four major pipeline systems — ...

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Promoters see energy hub, economic revival in transmission of Marcellus fuel

HOUSTON, Pa. — Philadelphia’s reindustrialization starts 300 miles away at a sprawling processing plant in Southwestern Pennsylvania where liquid fuels extracted from Marcellus Shale gas begin a cross-state journey to the Delaware River. In the last five years, a forest of metal distillation towers has sprung up like a poplar grove from the Washington County countryside, surrounded by rows of ...

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Records reveal extent of crude oil traffic on Pennsylvania railways

As many as 75 trains carrying at least 1 million gallons of crude oil pass through Pennsylvania each week, with the heaviest volumes moving through the eastern part of the state, according to new records released by the Pennsylvania Emergency Management Agency. The Norfolk Southern railroad runs between 30 and 65 trains across four routes each week through Allegheny County, ...

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Delta-owned refinery strikes oil supply deal

Kelly Yamanouchi | The Atlanta Journal-Constitution A Delta Air Lines subsidiary is boosting the supply of domestic crude oil at its refinery to reduce the carrier’s fuel costs. Jet fuel is Delta’s No. 1 expense. When airlines raise fares, they often place the blame on high jet fuel prices. Atlanta-based Delta bought the refinery near Philadelphia in 2012 to gain ...

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Sunoco fights connection to pipeline firm

sunoco

Andrew Maykuth | Philadelphia Inquirer Sunoco’s good corporate name is taking a beating these days, as community activists and bloggers post snarky statements under headlines like “Sleazy Sunoco,” linking the company to fracking and eminent domain. The trouble for Sunoco Inc., the Philadelphia company with nearly 4,900 retail fuel stations and convenience stores in 23 states, is that it has ...

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State to sue oil companies over contamination from gasoline additive

By Stephanie Ritenbaugh / Pittsburgh Post-Gazette Pennsylvania is suing oil companies over environmental damage caused by a chemical additive used in gasoline, as well as reimbursement over the alleged misuse of state funds to clean up gasoline spills. Attorney General Kathleen Kane and Gov. Tom Corbett’s General Counsel James Schultz filed separate lawsuits in the Philadelphia Court of Common Pleas ...

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