PennEast Pipeline

PennEast Concedes to Opposition, Cancels Pipeline Project

Retrieved on: 
Monday, September 27, 2021

FAR HILLS, N.J., Sept. 27, 2021 /PRNewswire/ --PennEast Pipeline Company today announced it will abandon plans for a fossil gas pipeline in New Jersey and Pennsylvania.

Key Points: 
  • FAR HILLS, N.J., Sept. 27, 2021 /PRNewswire/ --PennEast Pipeline Company today announced it will abandon plans for a fossil gas pipeline in New Jersey and Pennsylvania.
  • "PennEast has ceased all further development of the Project," the company said in a statement that cited lack of necessary permits as the reason.
  • Environmental advocates, residents, and federal, state and local government officials combatted the unneeded pipeline for seven years.
  • "My children and I are overcome with sheer joy and gratitude that the fight against the PennEast Pipeline is finally over!"

U.S. Supreme Court Grants PennEast Land Seizure

Retrieved on: 
Tuesday, June 29, 2021

The decision enables PennEast to proceed with seizing over 40 properties preserved for future generations by the State of New Jersey and its partners with tax-payer dollars.

Key Points: 
  • The decision enables PennEast to proceed with seizing over 40 properties preserved for future generations by the State of New Jersey and its partners with tax-payer dollars.
  • The court ruled only on the narrow issue of whether PennEast can seize state lands, not the merits of the project.
  • "The Supreme Court's decision to overturn the Third Circuit's ruling puts public preserved land in New Jersey in great jeopardy.
  • "The PennEast pipeline would threaten the health and safety of our communities, seize private land and taxpayer-preserved open space, and harm our drinking water, natural and historic resources.

American Gas Association Recognizes SJI’s Utilities for Outstanding Safety Records

Retrieved on: 
Thursday, April 29, 2021

b'FOLSOM, NJ, April 29, 2021 \xe2\x80\x93 SJI (NYSE: SJI) announces its natural gas utility companies, South Jersey Gas and Elizabethtown Gas, have both been recognized for outstanding safety records.\nThe American Gas Association (AGA) awarded South Jersey Gas and Elizabethtown Gas with 2020 \xe2\x80\x9cIndustry Leader Accident Prevention Awards.\xe2\x80\x9d This is the second straight year both utilities have won these awards.\nThe recognition reflects SJI\xe2\x80\x99s core value of safety and its \xe2\x80\x9cMake Every Day a Safe Day\xe2\x80\x9d commitment, whereby employees receive comprehensive training to prevent operational and occupational incidents.\n\xe2\x80\x9cAt SJI, safety is a core value that we emphasize in every aspect of our company.

Key Points: 
  • b'FOLSOM, NJ, April 29, 2021 \xe2\x80\x93 SJI (NYSE: SJI) announces its natural gas utility companies, South Jersey Gas and Elizabethtown Gas, have both been recognized for outstanding safety records.\nThe American Gas Association (AGA) awarded South Jersey Gas and Elizabethtown Gas with 2020 \xe2\x80\x9cIndustry Leader Accident Prevention Awards.\xe2\x80\x9d This is the second straight year both utilities have won these awards.\nThe recognition reflects SJI\xe2\x80\x99s core value of safety and its \xe2\x80\x9cMake Every Day a Safe Day\xe2\x80\x9d commitment, whereby employees receive comprehensive training to prevent operational and occupational incidents.\n\xe2\x80\x9cAt SJI, safety is a core value that we emphasize in every aspect of our company.
  • SJI Utilities, SJI\xe2\x80\x99s regulated natural gas utility business, delivers safe, reliable, affordable natural gas to approximately 700,000 South Jersey Gas and Elizabethtown Gas customers in New Jersey.
  • SJI Midstream houses the company\xe2\x80\x99s interest in the PennEast Pipeline Project.
  • For more information about SJI and its subsidiaries, please visit sjindustries.com.\n'

SJI to Host Virtual Investor Day and Announces First Quarter 2021 Earnings Date

Retrieved on: 
Tuesday, April 20, 2021

b'FOLSOM, NJ, April 20, 2021 \xe2\x80\x93 SJI (NYSE: SJI) today announced the company will host a virtual Investor Day on Thursday, May 6, 2021 at 10:00 a.m. Eastern time.

Key Points: 
  • b'FOLSOM, NJ, April 20, 2021 \xe2\x80\x93 SJI (NYSE: SJI) today announced the company will host a virtual Investor Day on Thursday, May 6, 2021 at 10:00 a.m. Eastern time.
  • SJI Utilities, SJI\xe2\x80\x99s regulated natural gas utility business, delivers safe, reliable, affordable natural gas to approximately 700,000 South Jersey Gas and Elizabethtown Gas customers in New Jersey.
  • SJI Midstream houses the company\xe2\x80\x99s interest in the PennEast Pipeline Project.
  • For more information about SJI and its subsidiaries, please visit sjindustries.com.\n'

New Jersey Resources Board of Directors Declares Quarterly Dividend

Retrieved on: 
Tuesday, April 20, 2021

b'The board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.3325 per share.

Key Points: 
  • b'The board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.3325 per share.
  • The dividend will be payable on July 1, 2021 to shareowners of record as of June 16, 2021.\nThe company is committed to providing value to its shareowners with a competitive return and has paid quarterly dividends continuously since its inception in 1952.\nNew Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services.
  • NJR is composed of five primary businesses:\nNew Jersey Natural Gas, NJR\xe2\x80\x99s principal subsidiary, operates and maintains over 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey\xe2\x80\x99s Monmouth, Ocean, Morris, Middlesex and Burlington counties.\nNJR Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of more than 357 megawatts, providing residential and commercial customers with low-carbon solutions.\nNJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.\nStorage & Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Energy Center and the Adelphia Gateway Pipeline Project, as well as our 50 percent equity ownership in the Steckman Ridge natural gas storage facility, and our 20 percent equity interest in the PennEast Pipeline Project.\nNJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.\nFor more information about NJR:\nFollow us on Twitter @NJNaturalGas.\n'

New Jersey Conservation Foundation submits Supreme Court brief in PennEast Pipeline case

Retrieved on: 
Wednesday, March 31, 2021

FAR HILLS, N.J., March 31, 2021 /PRNewswire/ --Today the New Jersey Conservation Foundation submitted a brief to the U.S. Supreme Court outlining reasons why it should uphold the Third Circuit Court of Appeal's decision in the pending PennEast Pipeline case.The brief amplifies the State of New Jersey's arguments for leaving the Third Circuit ruling undisturbed.

Key Points: 
  • FAR HILLS, N.J., March 31, 2021 /PRNewswire/ --Today the New Jersey Conservation Foundation submitted a brief to the U.S. Supreme Court outlining reasons why it should uphold the Third Circuit Court of Appeal's decision in the pending PennEast Pipeline case.The brief amplifies the State of New Jersey's arguments for leaving the Third Circuit ruling undisturbed.
  • "We are pleased to join the State of New Jerseyby submitting a complementary brief to the U.S. Supreme Court laying out clear reasons why the Court shoulduphold the Third Circuit's sound decision," saidTom Gilbert, campaign director, New Jersey Conservation Foundation and ReThink Energy NJ.
  • "The law is on our side, as the Natural Gas Act does not give private pipeline developers the right to drag states into court.
  • New Jersey has the right to prevent PennEast from condemning land that was preserved for future generations to build its unneeded, polluting pipeline."

ReThink Energy NJ, Elected Officials, Residents Call on NJDEP to Reject Unneeded PennEast Pipeline

Retrieved on: 
Tuesday, August 13, 2019

Elected officials, owners of property along the proposed pipeline route, citizen groups, and others gathered at The Watershed Institute in response to PennEast submitting a new application for environmental permits last week to NJDEP.

Key Points: 
  • Elected officials, owners of property along the proposed pipeline route, citizen groups, and others gathered at The Watershed Institute in response to PennEast submitting a new application for environmental permits last week to NJDEP.
  • The failure to demonstrate the necessity of this pipeline is a real threat to that priority," said U.S. RepresentativeBonnie Watson-Coleman.
  • "The Trump Administration conditionally approved this unneeded fossil fuel project as expected," said Tom Gilbert campaign director for ReThink Energy NJ and New Jersey Conservation Foundation.
  • "It's time for NJDEP to do what the federal government should have done: stop the unnecessary PennEast pipeline," said State Sen. Shirley Turner ina statement.

Gas Pipelines Take a Huge Toll on Delaware River Basin, New Report Finds

Retrieved on: 
Thursday, June 13, 2019

"Such costs should not be overlooked when making decisions about pipeline development in the region," the report says.

Key Points: 
  • "Such costs should not be overlooked when making decisions about pipeline development in the region," the report says.
  • The far-reaching analysis, "Environmental and Social Costs of Natural Gas Pipeline Development in the Delaware River Basin," was conducted by The Cadmus Group LLC , an independent technical consultancy based in Massachusetts.
  • It focuses on the proposed PennEast, and existing Mariner East 2, and Mariner East 2X pipelines, two of the numerous pipelines threatening the basin.
  • Spanning portions of New York, New Jersey, Pennsylvania, and Delaware, the Basin covers 42 counties and 838 municipalities.

New Report Shows PennEast Pipeline Not Needed Under Any Scenario, Says NJ Conservation

Retrieved on: 
Wednesday, September 26, 2018

FAR HILLS, N.J., Sept. 26, 2018 /PRNewswire/ --The title of a new report from New Jersey Conservation Foundation (NJ Conservation) sums it up: The proposed PennEast pipeline is a solution in search of a problem.

Key Points: 
  • FAR HILLS, N.J., Sept. 26, 2018 /PRNewswire/ --The title of a new report from New Jersey Conservation Foundation (NJ Conservation) sums it up: The proposed PennEast pipeline is a solution in search of a problem.
  • The report, written by Barbara Blumenthal, PhD, research director, NJ Conservation, provides data and analysis showing that the pipeline isn't needed tosatisfy need, toreduce natural gas prices, or to ensure reliability or a low-cost transition to a clean energy future.
  • A Fairleigh Dickinson University Poll conducted this month for ReThink Energy NJ shows that New Jersey voters embrace a clean energy future.
  • Click to Tweet : PennEast pipeline is not needed under any scenario, and expert analysis debunks any justification for the pipeline, finds new report.