Thu, 23 Mar 2017 22:04:49 +0000
Last May, Eclipse Resources, an E&P company in State College that has more than 200 producing Utica wells, drilled a 27,048-foot deep Utica “superlateral” well named Purple Hayes in Guernsey County, Ohio. The lateral arm of the well spanned 18,500 feet, 3.5 miles, the longest lateral ever drilled onshore. The well was drilled in a little over 17 days.
Thu, 23 Mar 2017 22:04:50 +0000
Although it may feel like President Donald Trump will quickly remove Obama-era environmental regulations, professionals in the oil and gas industry hoping for an expedient change in the regulatory environment may have to wait longer than they would like.
Thu, 23 Mar 2017 22:04:52 +0000
Energy is a direct cost for many “bricks and mortar” businesses – from a manufacturer that burns coal or natural gas in its plant, to a trucking company that fill its fleets daily with diesel fuel, to a Baskin-Robbins franchise that uses freezers to keep ice cream cold. For other businesses, energy is part of their overhead costs.
Thu, 23 Mar 2017 22:04:56 +0000
Centre Hall, PA – Starting in 2014, members of SEDA-COG began to realize that, despite its proximity to the fuel source, much of Central Pennsylvania still lacked the infrastructure to deliver natural gas to homes and businesses.
Thu, 23 Mar 2017 22:04:57 +0000
In addition to greenlighting the Keystone XL and Dakota Access pipelines with executive orders, President Trump ordered Wilbur Ross, Jr., the banker and billionaire investor who was confirmed as Trump’s commerce secretary, to develop a policy requiring U.S.-made steel be used for new and retrofitted pipelines.
Thu, 23 Mar 2017 22:05:02 +0000
There were 168 drilling permits issued by the Pennsylvania Department of Environmental Protection in the Marcellus Business Central coverage area in the month of January and February. Unless otherwise stated, all permits issued are for new, unconventional, horizontally- drilled natural gas wells.
Thu, 23 Mar 2017 22:05:07 +0000
It is impossible to have a conversation about the future of Pennsylvania-based manufacturing without mentioning the Shell ethane cracker plant being constructed in Monaca, Pa.
Thu, 23 Mar 2017 22:05:07 +0000
Calgary, Alberta – Enbridge Inc. officially completed its $28 billion acquisition of all of the outstanding common stock of Spectra Energy Corp. The acquisition has created potentially one the largest networks of oil and gas pipelines in North America.
Thu, 23 Mar 2017 22:05:08 +0000
Pittsburgh, PA (AP) – EQT Corporation announced that EQT, through its subsidiary EQT Production Company, has won a bankruptcy auction to acquire 53,400 core net Marcellus acres from Stone Energy Corp. for $527 million.
Thu, 23 Mar 2017 22:05:09 +0000
(AP) – Roughly 200 miners who were laid off in early February, about 30 percent of the workforce at Consol Energy’s Bailey mine in Greene County, have returned to work.
Thu, 23 Mar 2017 21:03:27 +0000
Wigle Whiskey, the Strip District distillery themed off the region's spirit-producing history, is preparing to open a tasting room in a building with plenty of history of its own.
Wigle recently indicated on its Facebook page that it will open a new tasting room in the Omni William Penn Hotel, which celebrated its 100th year of operation in 2016.
Now open for five years as the region's first distillery since Prohibition, Wigle has since expanded to produce gin and other liquors besides whiskey.
Thu, 23 Mar 2017 16:43:53 +0000
A Pittsburgh entrepreneur has been named National Exporter of the Year by the U.S. Small Business Administration.
Rose Morris, president of Abram's Bed LLC/The Safety Sleeper, will be given the award at a special event April 30-May 1 in Washington, D.C. She is also eligible for the SBA's biggest annual award, National Small Business Person of the Year.
The Safety Sleeper is a safe-sleeping system for youth with special needs. It was founded by Morris, who created The Safety Sleeper to meet the…
Thu, 23 Mar 2017 16:13:10 +0000
Pittsburgh Parks Conservancy President and CEO Meg Cheever is leaving in March 2018 from the organization she founded more than two decades ago.
The announcement from the Parks Conservancy said it will conduct a national search for her successor.
PERSONALITIES OF PITTSBURGH: Meg Cheever (November 2015)
"For over 20 years, the Parks Conservancy has been a great partner in our efforts to improve the extraordinary park system in Pittsburgh, and I am especially grateful for Meg's commitment, dedication…
Thu, 23 Mar 2017 15:45:57 +0000
Employee productivity, retention and wellness comes down to a number of factors, but what employers do to influence those factors has the potential to equal big gains down the road.
That's what four Pittsburgh business leaders said Thursday during a "People and Productivity" event hosted by the Pittsburgh Business Times and the Green Building Alliance. The panelists for the event touched on topics ranging from how wellness programs and welcoming common areas impact employee outlook and productivity…
Thu, 23 Mar 2017 15:42:49 +0000
The University of Pittsburgh School of Pharmacy, Pittsburgh Public Schools and CVS Health on Thursday launched an initiative to bring a drug prevention program to the school system.
Pharmacists Teach is a two-year program that CVS (NYSE: CVS) launched with the Partnership for Drug-Free Kids to alert children to the dangers of prescription drug abuse. Students from Pitt's pharmacy school will be involved in the teaching.
"CVS Health is committed to addressing and preventing prescription drug abuse…
Thu, 23 Mar 2017 13:12:14 +0000
Helomics Corp. and the University of Pittsburgh have reached a five-year research and collaboration agreement.
The Pittsburgh-based biotech firm said it would work with Pitt's Innovation Institute on the development of intellectual property and commercializing property and technology. Financial terms of the agreement weren't announced.
"This collaboration with the University will be instrumental to Helomics in achieving our mission of improving the standard of care for patients by bringing unique…
Thu, 23 Mar 2017 12:21:41 +0000
The Pittsburgh region lost population at a rate of about 42 people a week between 2010 and 2016 in the latest data released Thursday by the U.S. Census Bureau, one of the steepest drops among major metropolitan areas in the U.S.
There were 2.342 million people in the Pittsburgh metro region in July 2016, down 0.6 percent from 2.356 million in April 2010, according to an American City Business Journals analysis of U.S. Census Bureau data released Thursday.
The regions that saw the biggest declines…
Thu, 23 Mar 2017 12:05:37 +0000
Toshiba Corp. is getting a boost in the stock market as the electronics giant weighs whether to file bankruptcy for its Cranberry Township subsidiary, Westinghouse Electric Co., and as Westinghouse clients prepare for potential court action.
Westinghouse and Toshiba have been reeling ever since word emerged of a $6 billion writedown at the nuclear company, which led to the resignation of a top executive at Toshiba and Toshiba's consideration of a bankruptcy filing for Westinghouse. In the past month,…
Thu, 23 Mar 2017 11:54:40 +0000
Greater Philadelphia's appeal to restaurant franchises with nationwide pull continues to surge.
The market is adding another potential restaurant chain to its long list of suitors: Westlake, Ohio-based Quaker Steak & Lube. Founded 40 years ago in Sharon, Pa., the chain boasts that it has the best wings in the United States.
Quaker Steak & Lube in November 2016 announced its aggressive, nationwide growth plan, and now the motor-themed chain is laying the groundwork for its targeted launch in the…
Thu, 23 Mar 2017 11:50:18 +0000
The Pennsylvania Turnpike Commission is stopping its preliminary work on the Mon-Fayette Expressway's 14-mile completion after the Southwestern Pennsylvania Commission's postponement earlier this week of a vote on the $2.2 billion outlay.
The Tribune-Review reported that the Turnpike Commission was supposed to start on the project, which was expected to be completed by 2022. But instead there are questions about whether the link, between Interstate 376 in Monroeville and Route 51 in Jefferson Hills,…