Liberty Energy Inc. CEO Chris Wright made no bones about prognosticators calling for the demise of oil and natural gas on Monday. “The energy transition is not happening,” he said in Denver. “This drumbeat is crazy.” Wright, speaking at the LDC Gas Forum Rockies & West, said demand for fossil fuels is robust and poised…
Articles from Liberty
Wave Goodbye to Fracking in 2020 as Coronavirus Devours Demand, Says Liberty Oilfield
Denver-based Liberty Oilfield Services Inc. is expecting to see “very little” completions activity through the rest of the year across North America as Covid-19 continues to consume energy demand.
Liberty Oilfield Says U.S. E&Ps Slowing Annual Activity Earlier than Usual
Denver-based Liberty Oilfield Services Inc., which provides completions services across North America’s onshore, saw headwinds begin to strengthen midway through the third quarter, with the usual year-end slowdown by customers beginning earlier than usual.
Liberty Utilities’ Proposal Would Pipe NatGas to Central New Hampshire
Liberty Utilities, an affiliate of Algonquin Power and Utilities Corp., is proposing a new pipeline that would carry natural gas from an interconnect in southeast New Hampshire to the state’s central area.
Pennsylvania Breaks Ground for 829 MW Marcellus Power Plant
Dallas-based private equity firm Panda Power Funds LP said on Thursday it had officially broken ground on one of Pennsylvania’s first power plants to be fired with natural gas from the Marcellus Shale.
Liberty Buys 53,000 Bakken Acres in North Dakota
Starting the year flush with a $350 million commitment from its backers at Riverstone Holdings LLC, Denver-based Liberty Resources II and a few other private backers on Thursday entered an agreement to buy 53,000 net acres in four counties in the Williston Basin, according to both companies. The purchase price was $455 million.
Pennsylvania Governor Appeals Act 13 Ruling to State Supreme Court
Pennsylvania Gov. Tom Corbett said Friday the state has appealed to the state Supreme Court a ruling by the Commonwealth Court that struck down portions of Act 13, the state’s new omnibus Marcellus Shale law.
Pennsylvania Court: Act 13 Zoning Restrictions Unconstitutional
In a 4-3 decision on Thursday, the Pennsylvania Commonwealth Court ruled that portions of Act 13, the state’s new omnibus Marcellus Shale law, were “unconstitutional, null and void” on the grounds that its limits on local zoning violate municipalities’ right to substantive due process.
Pennsylvania Marcellus Law Ruling Expected Within A Month
Attorneys involved with a legal challenge to portions of Act 13, Pennsylvania’s new omnibus Marcellus Shale law, say a decision by the state’s Commonwealth Court could come within a month and will have far-reaching consequences regardless of which way the court rules.
Utica Shale Revives Youngstown, OH’s Flagship Steel Plant
Youngstown, OH, long a Rust Belt poster child, now is watching the phoenix-like revival of its flagship steel plant, Youngstown Iron Sheet & Tube, thanks to the Utica and Marcellus shales. The 100-year old plant, once one of largest in the world before it foundered in the 1970s collapse of the nation’s steel industry, will be making steel pipe to serve the state’s burgeoning shale gas and oil development.