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Tag Archives: Virginia

Virginia lawmakers back natural gas pipeline

NORFOLK, Va. (AP) — A coalition of Hampton Roads state legislators is lining up behind the Atlantic Coast Pipeline. The 33 members of the General Assembly collectively known as the Hampton Roads Caucus expressed their backing for the massive natural gas project in a letter to Virginia’s U.S. senators, Democrats Mark Warner and Tim Kaine. The pipeline would deliver natural ...

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Former steel plant converted into pipe inspection facility

BENWOOD, W.Va. — The former Wheeling-Pittsburgh Steel facility in Benwood will soon be home to a company doing business with the natural gas industry. The Intelligencer and Wheeling News-Register reports Dunbar, Pennsylvania-based JLE Industries has invested over $6 million to establish an 80,000-square-foot plant. It’s expected to open in January and employ as many as 45 when fully operational. Workers at ...

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Fracking rules for coastal Virginia focus of 2 hearings

RICHMOND, Va. — Hearings are scheduled this week on proposed new rules for oil and gas drilling in Virginia’s coastal plain. The Virginia Department of Mines, Minerals and Energy has scheduled hearings Monday and Tuesday in the Fredericksburg area and in Richmond. The hearings will focus on proposed changes in so-called fracking, a drilling process that uses a cocktail of ...

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Groups seeking comprehensive US review of pipelines

RICHMOND, Va. — Virginia legislators and “clean energy” advocates are seeking a comprehensive review of natural gas pipelines that include two that would be laid from West Virginia and through Virginia. They plan to outline their pitch to the Federal Energy Regulatory Commission on Monday. They argue that the present review is piecemeal. Energy companies are proposing hundreds of miles ...

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Energy Spotlight: Joe Horvath

Joe Horvath caught the energy bug eight years ago while handling public relations for a utility that was trying to build a coal-fired power plant in Virginia. “I got a pretty good dose of what the issues were and what the landscape was,” he said of the project that ended up being canceled. “At that time, though, people were saying, ...

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Climate coalition urges no new fossil fuel leasing off Virginia, other public areas

offshore rig

Even as offshore Virginia is eyed as a potential site for federal oil and gas leasing, a climate coalition is urging the president to halt new fossil fuel development on public lands and oceans. The coalition plans to deliver a letter signed by more than 400 individuals and groups to the White House Tuesday morning, calling on President Barack Obama ...

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For commodity trading advisors, oil’s downtrend has been a friend

NEW YORK – The nearly two-month-long slide in oil prices to 6-1/2 year-lows has been a boon to many so-called systematic funds, which trade based on technical signals or computer algorithms rather than fundamentals. While most market commentary has focused on the persistent glut in the global market caused by unrelenting OPEC output and surprisingly resilient U.S. shale production, these ...

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