Energy Inc: Coal or gas? Consol starts selling both to major utility

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April 28, 2015

This week in Pittsburgh energy Consol leveraging both its coal and natural gas assets in a first-of-its-kind deal, while Rice Energy LLC signs deal to grow at Southpointe II and an old steel plant in the Mon Valley looks to a new life in the energy industry. Coal or gas? Consol starts selling both to major utility First-of-its-kind deal provides utility with ability to take, on month-to-month basis, whatever works best on a cost basis. Exclusive: ​Rice inks lease for new HQ at Southpointe Fast-growing energy firm to triple its office space in new building at Zenith Ridge. Exclusive: Why a Mon River steel plant keeps getting looked at for an oil-and-gas project The partnership behind the ethane cracker that may be built in Ohio had been considering a site along the Mon River. But local officials said the site has generated interest from others. Consol Energy profits fall on lower commodity prices The company recorded net income of $79 million, down by 32 percent from last year. Babst Calland hires former Atlas Energy general counsel Jay Hammond, a veteran energy lawyer from the corporate sector with prior posts at Chevron, CNX Gas and Consol, is now a shareholder at Pittsburgh's seventh-biggest law firm. Southwestern Energy up and running in Pennsylvania, West Virginia The Houston-based company said it has drilled its first five wells in the region. TOP HEADLINES IPO lifts Rice Energy executives' long-term compensation EQT Corp. reduces capital spending; may seek further cuts from service providers Lower gas prices drive down EQT profits Center for Sustainable Shale Development awarded funding Wolf: No timeline for Shell cracker decision Beaver Valley Power Station shut for refueling Pepper Hamilton adds energy lawyers West Virginia ethane cracker project under reconsideration

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