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PA Energy Headlines

• New Mexico doubles collection from oil and gas lease sales in 2017 June 28, 2017
  State Land Commissioner Aubrey Dunn reported Tuesday that the State Land Office collected more than $65 million from monthly oil and gas lease sales in fiscal year 2017. That's more than double what the state collected last year, according to Dunn's office. “Clearly, industry remains focused in the Permian Basin," said Dunn in a statement. […]
  Rachel Sapin
• Linn Energy and Oklahoma company form JV focused on SCOOP/STACK play June 28, 2017
  Houston-based Linn Energy Inc. (OTCQB: LNGG) and Tulsa, Oklahoma-based Citizen Energy II LLC have agreed to form a joint venture called Roan Resources LLC. The deal should close in the third quarter, and the JV is expected to pursue an initial public offering in early 2018, subject to market conditions. Roan will have independent management […]
  Olivia Pulsinelli
• Utilities reach temporary deal with Westinghouse to continue work at troubled Summer nuclear plant June 28, 2017
  SCANA Corp. and Santee Cooper reached an agreement with Westinghouse Electric Co. Monday — as expected — that allows construction to continue at the nearly $16 billion V.C. Summer expansion while they decide its ultimate fate. Under the agreement, which was set to end at midnight, SCANA (NYSE: SCG) subsidiary S.C. Electric & Gas and […]
  John Downey
• Ohio has among the most natural gas pipelines in country, research shows June 28, 2017
  Ohio is home to the fourth-most natural gas pipelines in the country, according to a calculation by an industry trade group. The state had about 24,066 miles of gathering line in 2015, ranking it behind Texas’ 133,136, Oklahoma’s 48,138 and Pennsylvania’s 26,536. The figures come as part of a new report by API that analyzes […]
  Tom Knox
• UPS commits to 25 percent renewable energy-sourced power by 2025 June 28, 2017
  Big Brown is going green. Atlanta-based United Parcel Service Inc. (NYSE: UPS) announced Tuesday a slew of eco-friendly initiatives, including a plan that 25 percent of the electricity it consumes will come from renewable energy sources by 2025. Currently, just 0.2 percent of UPS’ electricity comes from renewable energy. UPS plans to reach this goal […]
  Urvaksh Karkaria