Coal-fired plants that have not already begun to invest in back-end emission controls won’t be able to operate economically for too long into the future, but for plants already equipped with state-of-the-art controls the upcoming federal regulations to reduce carbon emissions will have a gradual impact taking up to a decade, according to NRG Energy Inc. CEO David Crane.
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Constitution Pipeline Co. has finalized the route it will propose for a Marcellus Pipeline in a certification application it expects to file with FERC this spring, the company said in a project update newsletter sent to landowners and other stakeholders.
Freeport-McMoRan Copper & Gold on Wednesday returned to its U.S. energy roots with a $9 billion cash-and-stock offer to buy Plains Exploration & Production Co. (PXP), a leading unconventional producer, and McMoRan Exploration Co.
Overall cash prices added about a nickel on average Wednesday as strength at eastern and other points was able to offset weakness in the Northeast and a steady Midcontinent market. Meanwhile, December futures recorded a 12-month spot contract high on the day at $3.827 before closing out the regular session at $3.760, up 2.1 cents from Tuesday’s finish. January was 2.2 cents higher at $3.879. December crude oil rose 94 cents to $86.32/bbl.
The overall cash market added two cents on average Thursday as gains at eastern points and the Gulf Coast were able to offset softness in the Northeast and southern California. The Energy Information Administration (EIA) reported a build of 51 Bcf, which was higher than market expectations, but prices slipped only for a moment. At the close November futures had gained a stout 11.7 cents to $3.587 and December had added 8.4 cents to $3.904. November crude oil eased 2 cents to $92.10/bbl.
In a bid to succeed in a part of Pennsylvania’s Marcellus Shale where two other companies have failed, officials with a midstream subsidiary of UGI Corp. will attend Tuesday night’s public hearing before the Luzerne County Planning Commission to field questions about the company’s proposal to build a natural gas pipeline and compressor station.
Following a series of tests indicating that water from private wells in Dimock Township, PA, is safe to drink, the U.S. Environmental Protection Agency (EPA) on Wednesday said it has determined “that there are not levels of contaminants present that would require additional action by the agency” and it has no plans to further test water samples in the township.
Republicans in the North Carolina General Assembly were able to override Democratic Gov. Bev Perdue’s veto of a bill to legalize hydraulic fracturing (fracking) after a voting error by a Democratic lawmaker.
Republicans in the North Carolina General Assembly were able to override Democratic Gov. Bev Perdue’s veto of a bill to legalize hydraulic fracturing (fracking) on Monday after a voting error by a Democratic lawmaker.
Pennsylvania officials are renewing their effort to get fellow members of the Delaware River Basin Commission (DRBC) to agree to revised water quality regulations that could ultimately open the basin to expanded Marcellus Shale natural gas drilling.