By CASEY JUNKINS Staff writer [email protected] WHEELING, W.Va. — A natural gas-fired power plant in Brooke County could be one of the initial projects funded by the $83.7 billion that China Energy plans to spend in West Virginia. While in China Thursday, West Virginia Secretary of Commerce Woody Thrasher signed[Read More…]
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Gov. Justice to host press conference 11:30 a.m Monday on China Energy $83.7 billion investment deal
WVPA CHARLESTON, W.Va. — Gov. Jim Justice has scheduled a press conference for Monday, Nov. 13, at 11:30 a.m. in the Governor’s Reception Room at the State Capitol to provide more details on Thursday’s announcement that West Virginia has entered into an agreement with China Energy Investment Corporation on $83.7 billion in possible shale gas development and chemical[Read More…]
China gas deal with WV generates more questions than answers
By KEN WARD JR. Charleston Gazette-Mail CHARLESTON, W.Va. — Gov. Jim Justice said it’s proof that the “tides are turning” in West Virginia. Commerce Secretary Woody Thrasher called it “unprecedented.” Rep. David McKinley said it will “spur tremendous economic growth in our communities.” But concrete details about exactly what the[Read More…]
Business leader Patrick Ford: Weirton an ideal site for ethane cracker plant
By CASEY JUNKINS The Intelligencer and Wheeling News-Register WHEELING, W.Va. — Patrick Ford believes Weirton — roughly halfway between the Royal Dutch Shell ethane cracker in Beaver County, Pa. and the potential PTT Global Chemical cracker at Dilles Bottom along the Ohio River — is ideally positioned for petrochemical development.[Read More…]
WV-China shale, chemical deal is a ‘game-changer’
By FRED PACE The Herald-Dispatch HUNTINGTON, W.Va. — State and local officials are heralding the announcement that West Virginia has entered into an agreement with China Energy Investment Corp. Ltd. for the company to invest $83.7 billion in shale gas development and chemical manufacturing in West Virginia over 20 years. West[Read More…]
Investments in West Virginia natural resources could boost gas plants
By CASEY JUNKINS The Intelligencer and Wheeling News-Register WHEELING, W.Va. — A natural gas-fired power plant in Brooke County could be one of the initial projects funded by the $83.7 billion that China Energy plans to spend in West Virginia. While in China Thursday, West Virginia Secretary of Commerce Woody[Read More…]
WV announces $83.7B shale gas, chemical deal with China Energy
By MAX GARLAND Charleston Gazette-Mail CHARLESTON, W.Va. — West Virginia has a $83.7 billion investment agreement in place with a China-owned energy company for shale gas and chemical manufacturing projects in the state over the course of 20 years, the state Department of Commerce announced Thursday morning. Gov. Jim Justice[Read More…]
Energy officials react to the W.Va., China Energy $83 billion energy agreement
By VICTORIA L. CANN The Exponent Telegram CLARKSBURG, W.Va. — State officials and companies are looking to the future after an announcement by the West Virginia Department of Commerce about China Energy Investment Corporation Limited’s plan to invest $83.7 billion in shale gas development and chemical manufacturing projects in the[Read More…]
China making natural gas moves In the Mountain State
By CASEY JUNKINS The Intelligencer and Wheeling News-Register WHEELING, W.Va. – The $83.7 billion a Chinese firm plans to spend developing West Virginia’s shale natural gas resources exceeds the total value of all goods and services produced in the state each year. That investment also would be more than double[Read More…]
W.Va., China Energy sign $83.7 billion MOU in shale gas development, chemical manufacturing
By ANDREA LANNOM The Register-Herald CHARLESTON, W.Va. — West Virginia and China Energy have signed a memorandum of understanding announcing a plan in which China Energy would invest $83.7 billion in shale gas development and chemical manufacturing projects in the Mountain State. State Commerce Secretary H. Wood Thrasher and China[Read More…]