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Jeremiah Shelor

Jeremiah Shelor joined NGI in 2015 after covering business and politics for The Exponent Telegram in Clarksburg, WV. He holds a Master of Fine Arts in Literary Nonfiction from West Virginia University and a Bachelor of Arts in English from Virginia Tech.

Southern’s $1B in ‘Green Bonds’ Pointing to Shift in Power Grid

A Southern Company subsidiary has issued $1 billion in “green bonds” earmarked for investment in renewable projects, pointing to an ongoing shift in domestic power generation.

November 19, 2015

NFG Continues to Curtail Production, Develop Midstream Assets During Downturn

National Fuel Gas Co. (NFG) saw its 4Q2015 results affected by low commodity prices yet again, as NFG’s exploration and production (E&P) subsidiary Seneca Resources Corp. closed 4Q2015 on Sept. 30 with almost 13 Bcf in voluntary curtailments in its Appalachian production.

November 17, 2015

Mid-, Downstream Investments Continue in Ohio Utica Despite Downturn

The list of announced mid- and downstream Utica Shale investments in Ohio continues to grow, even as persistently low commodity prices have constrained the region’s exploration and production (E&P) companies, according to a list compiled by Columbus, OH-based law firm Bricker & Eckler LLP.

November 17, 2015

Energy Woes Still Driving Up Speculative-Grade Default Rate, Moody’s Finds

Struggling energy companies continue to put upward pressure on U.S. and global speculative grade default rates, according to a recent report from Moody’s Investors Service.

November 17, 2015

PA Pipeline Task Force Draft Report Out For Public Comment

Pennsylvania’s Pipeline Infrastructure Task Force, appointed by Gov. Tom Wolf over the summer (see Shale Daily, July 8), issued a draft report last week, shedding light on the wide range of issues raised in the ongoing pipeline infrastructure buildout in the Northeast.

November 16, 2015

Washington Gas Light Plan to Acquire Upstream Interest Rejected in Virginia

The Virginia State Corporation Commission (SCC) has rejected a proposal from Washington Gas Light Co. (WGL) to acquire a non-operating interest in 25 Pennsylvania wells through a deal with Energy Corp. of America.

November 16, 2015

Experts Don’t Expect Keystone XL Decision to Impact Natural Gas Pipeline Buildout

Though it had become a lightning rod in the debate over the nation’s use of fossil fuels, the rejection of TransCanada Corp.’s Keystone XL is unlikely to have any meaningful impact on the nation’s natural gas infrastructure buildout, according to industry officials.

November 13, 2015

Eclipse Resources to Idle Rig Through 1Q2016, Focus on DUCs For Growth

Eclipse Resources Corp. will idle its one-rig drilling program through 1Q2016 as it looks to its inventory of drilled but uncompleted (DUC) wells to maintain production growth while waiting out the pricing downturn.

November 12, 2015

Rex Energy Focused on Maintaining Drilling Program to Hold Core Acreage

In a lean commodity price environment, Rex Energy Corp. is focused on financing a drilling program active enough to hold down its acreage in Western Pennsylvania and Eastern Ohio heading into 2016.

November 11, 2015

PA Governor Touts Budget Progress, No Talk of Gas Severance Tax

It appears a resolution to Pennsylvania’s months-long budget impasse is in sight, and so far it doesn’t include a new severance tax on the state’s natural gas industry.

November 10, 2015