LNG America Eyes Gulf Marine Transportation Market

Two Houston-based companies said Monday they have agreed to cooperate on the design of a liquefied natural gas (LNG) bunker fuel network for the U.S. Gulf Coast region. LNG America and Buffalo Marine Service Inc. have agreed to collaborate on applications for the high horsepower marine market.

October 21, 2014
Volatile Commodity Prices May Impact 2015 Onshore Spending Growth, Says Schlumberger CEO

Volatile Commodity Prices May Impact 2015 Onshore Spending Growth, Says Schlumberger CEO

Whether domestic exploration and production companies will slow 2015 capital expenditures if cash flows slow on low commodity prices is too early to say, but any concerns by operators likely will impact spending growth rates, Schlumberger Ltd. CEO Paal Kibsgaard said Friday.

October 17, 2014

North America Onshore Geological Risk Lower Than Ever, Says Baker CEO

No matter how volatile the global political scenario becomes for oil and gas markets, North America will remain in a more solid position because the unconventionals have provided operators with predictability that can’t be found anywhere else in the world, Baker Hughes Inc.’s CEO said Thursday.

October 16, 2014

FERC Grants Rehearing for Issues Related to Midla Abandonment

FERC issued an order granting rehearing for further consideration to American Midstream Partners LP in a matter related to the company’s desire to abandon its 88-year-old Midla pipeline system in Louisiana and Mississippi.

September 16, 2014

IEA Chief: North American LNG a Drop In Europe’s Gas Bucket

The head of the International Energy Agency (IEA) Monday said it remains to be seen how large a contributor North American liquefied natural gas (LNG) will be to the global gas market. However, Maria van der Hoeven said North American volumes won’t do much to move the supply needle in Europe.

August 26, 2014

FERC Seeks Subpoenas of Former BP Employee, ETP in Alleged Price Manipulation Case

FERC staff is seeking a pair of subpoenas to gather testimony in its six-year old case over allegations that BP America Inc. manipulated Houston Ship Channel (HSC) natural gas prices.

August 5, 2014

Mexico’s Pemex In Venture to Import U.S. NatGas

Mexico’s Petroleos Mexicanos (Pemex) has formed an alliance with Mercuria and JP Morgan to import U.S. gas into the country.

August 1, 2014

North American Land Market Trending Toward General Contractor Model, Says Schlumberger CEO

The North American land drilling market will move toward a general contractor model for oilfield services, a big reason that Schlumberger Ltd. has begun allying with other drilling services, CEO Paal Kibsgaard said Friday.

July 18, 2014

Shale Gas Prompts BASF to Consider Gulf Coast Plant

BASF Corp., the North American affiliate of BASF SE of Germany, is considering developing a world-scale methane-to-propylene complex on the U.S. Gulf Coast, the company said Friday.

May 2, 2014

Schlumberger Sees Big Appetite for New Drilling Tech

Schlumberger Ltd.’s CEO said Thursday increased efficiencies are now the focus of onshore operators, hungry for technologies that reduce costs and improve production.

April 17, 2014
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