Citizens for Pennsylvania’s Future (PennFuture) recently appointed George Jugovic Jr. president and CEO. Jugovic replaces Jan Jarrett, who resigned after 13 years with the statewide environmental organization. Jugovic previously served as a senior attorney for PennFuture. Before joining the organization, he served as the southwest regional director for the Pennsylvania Department of Environmental Protection in Pittsburgh.
Articles from Joining
Royal Dutch Shell plc is joining its brethren in staking out liquids-rich shale development in North America while at the same time it works to leverage value from its extensive natural gas portfolio, executives said last week.
Noting that hydraulic fracturing (fracking) has revolutionized U.S. energy production, Colorado Gov. John Hickenlooper Thursday boasted that his state’s rules for regulating the use of fracking are the “strongest and fairest” in the nation. Hickenlooper made the remarks as part of his state of the state address in Denver.
December natural gas suffered a bruising double-digit loss Tuesday in what observers noted was at least a temporary joining of hands with free-falling petroleum and Greece-centric equity markets. At the close December had fallen 15.3 cents to $3.781 and January had retreated 13.6 cents to $3.920. December crude oil dropped $1.00 to $92.19/bbl; the Dow Jones Industrial Average lost 297 points to 11,658, and the Standard and Poor’s 500 Index shed a whopping 35 points to 1,218.
Rex Energy Corp. is joining the ranks of companies pursuing the Utica Shale of eastern Ohio. The State College, PA-based company recently acquired 11,000 net acres in Carroll County, OH, for an estimated $40 million and plans to continue acquiring acreage in preparation for a drilling program in 2012.
South Korea’s state-run Korea Gas Corp. (KOGAS), the world’s largest liquefied natural gas (LNG) buyer, is joining the Cordova Embayment natural gas project in British Columbia.
Privately held Crestwood Midstream Partners LP has completed its acquisition of midstream assets in the Fayetteville Shale in northwest Arkansas and the Granite Wash play in the Texas Panhandle, the Houston-based company said. The deal was announced in February.