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Daewoo secures $741m contract to rehabilitate Kaduna refinery in Nigeria

This post was originally published on this siteNigeria’s state energy company Nigerian National Petroleum Company (NNPC) has awarded a $741m contract to South Korea’s Daewoo Engineering & Construction to rehabilitate the Kaduna Refinery, reported Bloomberg News. Under the quick-fix repair contract, the South Korean firm will be responsible for restoring production at the 110,000 barrels-a-day …

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Falling Natural Gas Prices, Rising Interest Rates Tap Brakes on Inflation

This post was originally published on this siteWeakened natural gas prices – following a massive run-up last summer – intersected with rising interest rates to ease inflation that had only a few months ago reached a 40-year high. Further New York Mercantile Exchange gas futures price drops early this year, owing in part to relatively …

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59 New Shale Well Permits Issued for PA-OH-WV Jan 23-29

This post was originally published on this siteNew shale permits issued for Jan. 23-29 in the Marcellus/Utica soared! There were 59 new permits issued in total, including… Continue reading The post 59 New Shale Well Permits Issued for PA-OH-WV Jan 23-29 first appeared on Marcellus Drilling News.

Big Green Radicals Suing Shell for “Air Pollution” from PA Cracker

This post was originally published on this siteYesterday two radicalized Big Green groups–the Environmental Integrity Project (based in D.C.) and the Clean Air Council (based in Philadelphia)–filed… Continue reading The post Big Green Radicals Suing Shell for “Air Pollution” from PA Cracker first appeared on Marcellus Drilling News.

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