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
North Dakota Sets More Production Highs; Big Oil Price Drop
North Dakota reported Friday it again has set new all-time records for natural gas and oil production as the price of its much-sought-after light sweet crude oil took a nosedive, dropping $14/bbl compared to October prices, according to the latest statistics from the state Department of Mineral Resources (DMR).
November 15, 2013
Additional Local Bans on Fracking Coming, COGA CEO Says
While they are unlikely to impact future production totals and may face court challenges, local community anti-hydraulic fracturing (fracking) ballot measures are likely to continue to emerge, the head of the Colorado Oil/Gas Association (COGA) told NGI’s Shale Daily on Thursday.
November 14, 2013
Chevron, Kinder Morgan in Dispute Over Reversed-Flow Pipe
Chevron Corp. has filed a complaint with FERC seeking to force Kinder Morgan Louisiana Pipeline LLC (KMLP) to shift Chevron’s primary receipt and delivery points on the pipeline so it can send supplies for export to liquefaction facilities now under construction at Sabine Pass.
November 14, 2013
Opposition Seeks Halt to Keystone’s Southern Segment
The Texas arm of activist group Public Citizen on Tuesday called for a halt to the scheduled start of TransCanada Corp.’s Keystone XL oil pipeline’s southern segment from Oklahoma to the Texas Gulf of Mexico. It is slated to begin operations before the end of the year.
November 13, 2013
Wyoming Sets Water Test Rule for Drillers
Wyoming’s Oil and Gas Conservation Commission (OGCC) on Tuesday established a baseline groundwater testing rule for oil and natural gas operators to following in their exploration and production (E&P) work.
November 13, 2013
EIA Sees Natural Gas Prices Rising
U.S. natural gas production and prices will be higher in 2014, but overall consumption will remain flat at or near 70 Bcf/d, according to the Energy Information Administration (EIA) Short-Term Energy Outlook issued on Wednesday.
November 13, 2013
Analyst Believes Pemex Closer to Outside Investors
After 70 years as a Mexican government-owned monopoly, Petroleos Mexicanos (Pemex) may be ready to accept allowing energy investors in, Raymond James & Associates Inc. analysts said in a report.
November 12, 2013
Tesoro Bakken Refineries Unaffected by Oil Pipe Spill, CEO Says
Tesoro Corp.’s two refineries handling Bakken crude in North Dakota and Washington state were not affected by the company’s controversial pipeline spill late in September in a wheat field northeast of Tioga, ND, Tesoro CEO Greg Goff said last Thursday during a quarterly earnings conference call.
November 12, 2013
Pemex Closer to Outside Investors, says Raymond James
After 70 years as a Mexican government-owned monopoly, Petroleos Mexicanos (Pemex) may be ready to accept allowing energy investors in, Raymond James & Associates Inc. analysts said in a report.
November 11, 2013
NatGas for Transportation Gets Global Push
The push for more natural gas use in transportation through infrastructure and equipment advances shifted into high gear with more evidence that the transition is expanding on a global basis.
November 8, 2013