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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Articles from Rich Nemec
Wisconsin’s economy is back to pre-2008 recession levels, new natural gas connections are up by 8.5%, and electric hookups have risen more than 3%, offering Wisconsin Energy (WE) some optimism for more growth going forward, CEO Gale Klappa said Tuesday.
A Columbia, MD-based combustion technology company on Wednesday touted yet another proposed wellsite solution to North Dakota’s seemingly intractable flaring problem as part of a presentation at the power conference of the American Society of Mechanical Engineers (ASME) in Baltimore.
A California Public Utilities Commission (CPUC) spokesperson said Thursday that it will be another two months before proposed decisions are completed by the administrative law judges (ALJ) overseeing the multiple-case penalty phase of proceedings on Pacific Gas and Electric Co.’s (PG&E) 2010 natural gas transmission pipeline rupture that killed eight in a residential section of San Bruno, CA. A CPUC safety staff proposal has called for a $2.25 billion penalty (see Daily GPI,May 7, 2013), something the combination utility says is excessive (see Daily GPI,Aug. 23, 2013). Other parties are seeking much more. Noting that the proposed ALJ decisions are coming within the next 60 days, the CPUC spokesperson said that once the decisions are submitted, there is a 30-day period in which parties may appeal. After any appeals are resolved, the proposals are to go to the five-member CPUC for a final decision.
A federal grand jury for the Northern District of California on Tuesday issued a superseding indictment charging Pacific Gas and Electric Co. (PG&E) with obstructing a safety investigation and violating the 1968 Pipeline Safety Act (PSA) related to the 2010 rupture of a natural gas transmission pipeline that killed eight people in San Bruno, CA.
Hess Corp. said Wednesday it plans to pursue the formation and initial public offering (IPO) for a master limited partnership (MLP) principally tied to its midstream assets in the Bakken Shale play in North Dakota. It expects to make the IPO during the first quarter of 2015.
Tulsa, OK-based Oneok Partners LP on Wednesday outlined plans for investing up to $785 million over the next two years to build natural gas and natural gas liquids (NGL) processing, compression and pipelines to move Bakken Shale-produced supplies from the Williston Basin in North Dakota.
Echoing some of the criticism from Congress toward the U.S. Commerce Department on its handling of proposals to allow crude oil condensate exports (see Shale Daily, July 10), Marathon Petroleum Corp. (MPC) CEO Gary Heminger on Thursday said the uncertainty is counterproductive economically. He made the remarks during a 2Q2014 conference call reporting greatly increased quarter-over-quarter results.
North Dakota regulators are challenged by increasing volumes of wellsite waste from growth in the Bakken Shale, but the state now is facing criticism for not doing enough to protect the environment and in particular, groundwater.
While signaling that Pacific Northwest hydroelectric supplies this year should remain strong, Portland General Electric (PGE) senior executives said Tuesday that two major new natural gas-fired generation plants are on schedule to be online by 2016.
Colorado firefighters Monday afternoon continued to battle a wildfire in the far northwest corner of the state, seeking to keep surrounding ranches and oil and natural production wells out of harm’s way. No cause for the fire has been determined, and industry sources had no information on possible impact on oil/gas operations in the area.