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Rich Nemec

Richard Nemec began writing for NGI in 1995 and has 30 years experience in the energy industry. He holds BA from the University of Southern California, Los Angeles; and a MA in journalism from Northwestern University, Evanston, IL; and completed MBA courses at Northwestern's Evening Graduate School of Management.

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West Coast Correspondent | Los Angeles, CA

email rich.nemec@naturalgasintel.com

California House Republicans Weigh In on Fracking Law

A group of Republicans in the California congressional delegation led by Majority Whip Kevin McCarthy warned Gov. Jerry Brown last Thursday that implementation of the state’s new hydraulic fracturing (fracking) legislation (SB 4), signed into law last month, should not get in the way of the state’s oil/natural gas resurgence.McCarthy and 13 other Republican congressional representatives warned that the new regulation shouldn’t be an undue hindrance to the industry. Regulating the latest advanced drilling techniques should not hand-tie the industry, the congressional representatives told Brown.

October 22, 2013
Questions Mount on Adequacy, Spending on California Alternative Energy

Questions Mount on Adequacy, Spending on California Alternative Energy

While the state’s energy officials try to boost future power reliability in the absence of a major nuclear generating source, California is looking at spending up to $2.5 billion annually on efficiency and alternative energy programs.

October 22, 2013

Colorado Goes After Chemical Disclosure Violators

In the first test of new statewide oil and natural gas drilling chemical disclosure rules established last year, the Colorado Oil/Gas Conservation Commission (COGCC) will flex its regulatory muscles soon in pending enforcement activity (Rule 205A) involving 11 operators.

October 21, 2013
Oxy Looking to Sell ‘Selective’ Midcontinent Assets

Oxy Looking to Sell ‘Selective’ Midcontinent Assets

As part of a strategic review aimed at forming a smaller, more profitable company, Los Angeles-based Occidental Petroleum Corp.’s (Oxy) board of directors on Friday authorized pursuit of selected asset sales, including potentially some overseas and Midcontinent assets, alongwith a portion of a general partner interest in Plains All American Pipeline (PAAP).

October 21, 2013
The ‘Age of Gas’ Is Coming, GE Report Says

The ‘Age of Gas’ Is Coming, GE Report Says

As an outgrowth of the North American shale revolution, natural gas increasingly will capture a bigger piece of global energy demand with a denser network offering greater flexibility and improved economics, according to a white paper released Friday by General Electric Corp. (GE).

October 21, 2013

GE Capital, Clean Energy Form Alliance on Truck Fleets

Newport Beach, CA-based Clean Energy Fuels Corp., one of the nation’s largest providers of natural gas transportation fuels and fueling infrastructure, said Monday it has formed a strategic alliance with the transportation finance unit of General Electric Corp. (GE) aimed at heavy duty trucking fleets.

October 21, 2013

Midcontinent Assets to Be Pared in Oxy Strategic Review

As part of a strategic review aimed at forming a smaller, more profitable company, Los Angeles-based Occidental Petroleum Corp.’s (Oxy) board of directors on Friday authorized pursuit of selected asset sales, including potentially some overseas and Midcontinent assets, along with a portion of a general partner interest in Plains All American Pipeline (PAAP).

October 21, 2013

North Dakota Producers Face Lawsuits for Flaring

Ten lawsuits seeking class action status have been filed by mineral rights owners against North Dakota oil/natural gas operators alleging the loss of millions of dollars in royalties due to large amounts of flared associated gas during the past six years.

October 18, 2013

NRG to Buy Bankrupt Edison Mission in $2.5B Deal

With natural gas-fired and renewable generation assets as an attraction, Princeton, NJ-based NRG Energy Inc. said Friday it has entered a $2.5 billion “planned sponsor agreement” with Edison Mission Energy (EME) and some of its subsidiaries to eventually acquire the Chapter 11-mired independent power generation company. NRG said it hopes to close the acquisition in the first quarter next year.

October 18, 2013

Oregon LNG Projects Chasing Customers, Suppliers

In the midst of many unsettled regulatory permitting issues from the local to federal levels, the two proposed liquefied natural gas (LNG) export projects in Oregon are stepping up the pace of their marketing efforts for both customers and gas suppliers to their envisioned tolling facilities.

October 18, 2013