Back

After ignoring forecasts of the coming winter storm back on Monday, traders of physical natural gas were forced to face the music on Wednesday as the same system that brought a white Christmas to portions of Texas was still depositing a wintry mix of sleet and snow from Oklahoma through the Mid-Atlantic and Northeast.

Dow Chemical Co. has taken the next step forward to build a planned world-class ethylene facility in Freeport, TX, and is seeking a federal air emissions permit for the proposed plant.

ZaZa Energy Corp. said Tuesday it has hit a snag with its Stingray well in the Eaglebine play that will limit initial production. However, the setback is temporary, and the company intends to continue Eaglebine drilling while it high grades its Eagle Ford acreage.

Firing back at a skeptical regulatory staff’s earlier allegations, Pacific Gas and Electric Co. (PG&E) on Friday made an impassioned plea to California state regulators that it is “on the right path” to improve pipeline safety and its four-year upgrade and safety-strengthening plan should be supported for the most part by gas utility ratepayers.

A revised version of the proposed Palomar Pipeline, whose FERC application was pulled back last year, is still needed and should be revived at the federal regulatory agency by mid-2013, NW Natural CEO Gregg Kantor told analysts during a recent 3Q2012 earnings conference.

The Pennsylvania Department of Environmental Protection (DEP) announced Friday that it has finalized new guidelines intended to expedite the drilling permit application process.

For Marcellus Shale producers, the gift-receiving season begins this week and continues through the end of the year in the form of additional pipeline takeaway capacity. Multiple projects are slated to come online between Thursday and the end of the year, giving Marcellus producers increased access to markets, and presumably better prices for their gas.

TransCanada Corp. has pulled back from opening a new front in regulatory duels with customers of its international family of pipelines. Nova Gas Transmission, the empire’s Alberta arm, has withdrawn an application to the National Energy Board (NEB) for approval of a contested scheme called NEXT, short for natural gas liquids (NGL) extraction (see NGI, March 26).

TransCanada Corp. has pulled back from opening a new front in regulatory duels with customers of its international family of pipelines. Nova Gas Transmission, the empire’s Alberta arm, has withdrawn an application to the National Energy Board (NEB) for approval of a contested scheme called NEXT, short for natural gas liquids (NGL) extraction (see Daily GPI, March 19).