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Pennsylvania, Ohio and West Virginia engaged in a tax competition for the plant. In 2012, Pennsylvania structured a deal requiring Shell to invest at least $1 billion in Pennsylvania and create at least 2,500 construction jobs in exchange for a 25-year tax incentive of $66 million per year and tied to production, reducing Shell's tax by up to 20 per cent.
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 ...
EQT Corporation is an American energy company engaged in hydrocarbon exploration and pipeline transport.It is headquartered in EQT Plaza in Pittsburgh, Pennsylvania.. EQT is the largest natural gas producer in the Appalachian Basin [2] with 19.802 trillion cubic feet equivalent of proved reserves across approximately 1.8 million gross acres, including approximately 1.5 million gross acres in ...
Mariner East 2 is a new pipeline under construction in Pennsylvania that is intended to supplement Mariner East 1's ability to move natural gas liquids from Western Pennsylvania to a refinery in Marcus Hook, Delaware County. [2] Combined with Mariner East 1, the 16-inch pipeline will carry 345,000 barrels of natural gas liquids per day. [1] [4]
The PennEast Pipeline is a proposed project by PennEast Pipeline Company, LLC, a consortium of five energy companies, to move natural gas from the Marcellus Shale region in Pennsylvania to New Jersey.
A major pipeline that would have moved natural gas through New Jersey and under two bays to New York has been killed, but another plan to transport liquefied gas from Pennsylvania by tanker truck ...