Pennsylvania is reportedly planning to resume paying its dues to the Delaware River Basin Commission (DRBC) for the upcoming fiscal year (FY) 2012-2013, but New York wants to continue cutting its contribution to the watershed protection organization.
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MarkWest Utica, Gulfport Set Sights on Utica Infrastructure
MarkWest Utica EMG LLC said Tuesday it has an agreement in principle with Gulfport Energy Corp. and some undisclosed producers to develop extensive midstream infrastructure in the liquids-rich portion of eastern Ohio’s Utica Shale.
Kasich Plan Spares Conventional Oil, Small Natural Gas Producers
Ohio Gov. John Kasich will reportedly unveil a proposal next week to restructure state taxes on oil and gas drilling and pass the savings along to Ohioans in the form of a personal income tax cut, but conventional oil drilling and small producers of natural gas would not be affected.
Kasich Plan Would Tax Unconventional Wells, NGLs
Ohio Gov. John Kasich will reportedly unveil a proposal next week to restructure state taxes on oil and gas drilling — including implementing new taxes on hydraulic fracturing (fracking) and natural gas liquids (NGLs) — then pass the savings along to Ohioans in the form of a personal income tax cut.
Impact Fee, Severance Tax Hike on Ohio Governor’s Mind?
Ohio Gov. John Kasich reportedly is considering higher severance taxes and an impact fee on oil and natural gas operators, as well as imposing new taxes on natural gas liquids (NGL) extraction.
Ohio Governor Said Considering Severance Tax Hike, Impact Fee
Ohio Gov. John Kasich is reportedly considering raising severance taxes on oil and natural gas, new taxes for the extraction of natural gas liquids (NGL) and a new impact fee on oil and gas operations.
Discovery Could Multiply Mexican Natgas Reserves Sixfold
Mexico’s energy secretary said Tuesday that the nation’s natural gas reserves could be multiplied as much as six fold after the discovery of large shale gas deposits in the country’s north and east, and could enable the country to stop importing natural gas.
Thousands Still Without Gas Service in Upper Manhattan
Hundreds of workers with Consolidated Edison Co. of New York Inc. (Con Ed) and other companies are reportedly working around the clock to restore natural gas service to approximately 4,300 customers in New York City’s Upper Manhattan.
Sumitomo Looking for More U.S. Shale Gas Opportunities
Japan’s Sumitomo Corp. is reportedly looking to add more American shale gas investments to its energy portfolio and is shopping for new opportunities in shale oil, but it might wait to make a move on shale gas until natural gas prices are higher.
Pennsylvania GOP Reintroduces NGV Incentives
Saying extraction is only “half of the job” of capitalizing on the Marcellus Shale, a group of Pennsylvania House Republicans reintroduced legislation on Wednesday to promote the use of natural gas vehicles (NGV) in the state.