MPLX Provides an Outlook for 2021 at Utica Midstream Conference
In 2020, producers were evaluating whether to shut-in their wells due to demand destruction, but MPLX was able to provide them with solutions” Jason Stechschulte, Business Development Manager for MPLX
PENN VALLEY, PA, US, April 26, 2021 /EINPresswire.com/ Successful oil and gas companies strictly follow the process of putting a plan in place, executing that plan, and maintaining capital discipline. Midstreamer MPLX is one of those successful companies that has a plan, sticks to it, and makes adjustments in how it allocates capital.
The year 2020 was difficult for a number of U.S. O&G players, be they midstreamers, upsteamers or downstreamers. When the bottom dropped out of demand and the world struggled with a pandemic, making money was tough. Yet Ohio-based MPLX had a financially successful fourth quarter and full-year 2020. The company cut expenses, including capital spend, while its Marcellus and Utica Shale
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ExxonMobil and Kinder Morgan Validate Appalachian Hydrogen & Carbon Capture Conference
Our conference will prepare companies and individuals for what’s coming. Our peakers are bringing hydrogen and carbons capture projects to life in the Appalachian Basin. The projects are underway.” Joe Barone, President & Founder, Shale Directories
PENN VALLEY, PA, U.S., March 17, 2021 /EINPresswire.com/ ExxonMobil in their March 3rd 2021 Investor Day estimate Carbon Capture Sequestration will be a $2 trillion market by 2040. They also estimate hydrogen will be a $1 trillion market. They intend to be major players in both.
This past Monday, Kinder Morgan announced the formation of Energy Ventures Group that focuses on hydrogen generation and carbon capture sequestration along with other renewable products.
Trash of the past, fueling the future: a chapter in the energy transition story
Archaea Energy’s sponsorship and Nick Stork’s featured presentation will set the tone for the conference and the industry” Joe Barone, President & Founder, Shale Directories
PENN VALLEY, PA, US, March 16, 2021 /EINPresswire.com/ You likely don’t think twice about your trash once you take it to the curb. Hauled away to a faraway place, never to be seen or smelled again, garbage has a negative connotation that extends far beyond its literal definition.
But that faraway place is your local landfill, and that “garbage” offers a solution to today’s energy transition challenges.