Energy Inc: Consol to chop capital spending amid net loss

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July 28, 2015

This week in Pittsburgh energy Good news for FirstEnergy Corp. and its Beaver Valley Nuclear Station, while Westinghouse Electric Co. sees its parent company go through stresses related to an accounting scandal and a Mount Washington company buys a Gulf of Mexico oil field for $21 million. Consol to chop capital spending amid net loss CEO: "Consol is focused on managing through what continues to be a very challenging commodity price environment." Five things to know in energy this week, and why your energy job could be at risk Pay in energy industry slowing, West Virginia company may buy Alpha Natural Resources mines, Cabot holding back on production, and there is plenty of opportunity for pipelines in the Utica Shale. Pennsylvania sees increase in drilling rigs Marcellus Shale fourth most-active shale play in the U.S., according to Baker Hughes. Pitt Law launches Energy Law and Policy Institute Reed Smith Partner Kevin Abbott to serve as interim executive director. U.S. Steel launches new product for energy industry The unique metal-to-metal seal and shoulder configuration improves performance in collapse, compression and torque. Pitt researcher receives funding to study carbon dioxide recycling The Swanson School's John Keith has been awarded $110,000 by the American Chemical Society Petroleum Research Fund. TOP HEADLINES Company well-heeled for big deals EQT Midstream constructing pipeline for Range Resources in southwestern PA EQT 2Q profit plunges Rex Energy sees sharp decline on Nasdaq Investment fund turning up heat on Consol

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