Gunvor USA LLC has opened a trading office in Houston that will trade natural gas, refined products and asphalt/bitumen. The venture is backed with a US$500 million credit facility.
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Articles from Branch
Natural Gas Fueled Business Growing
Natural gas for transportation continues to branch out, with developments in both compressed natural gas (CNG) and liquefied natural gas (LNG) options.
Cecil Township Investigating Legal Challenge to Act 13
Elected officials in Cecil Township, PA, voted Monday to have the township solicitor look into mounting a legal challenge to Pennsylvania’s new Marcellus Shale law on the grounds that it usurps local zoning authority.
Wyoming Governor: Fracking Shouldn’t Be Political
Wyoming Gov. Matt Mead has extended an olive branch to the Environmental Protection Agency (EPA) in the dispute over preliminary results from two federally managed groundwater tests concerning contaminated natural gas wells near Pavillion, WY (see NGI, Dec. 12, 2011).
Wyoming Governor: Fracking Shouldn’t Be Political
Wyoming Gov. Matt Mead has extended an olive branch to Environmental Protection Agency (EPA) officials in the dispute over preliminary results from two federally managed groundwater test wells near Pavillion, WY, and the shallow hydraulic fracturing (fracking) of natural gas wells that dominate that portion of the state (see Shale Daily, Dec. 9, 2011).
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The California Public Utilities Commission (CPUC) is seeking to hire a management consultant to provide an internal audit of the commission’s Gas Safety and Reliability Branch program. A CPUC spokesperson said the regulatory commission has reached “a turning point in its regulation of natural gas safety,” and is seeking professional expertise to “inform and guide” future changes. Under a two-year contract not to exceed $300,000, the internal audit consultant is expected to examine the overall structure, function and effectiveness of the CPUC’s natural gas safety program.
Corridor Perplexed by Early Results in New Brunswick Shale
Canada’s Corridor Resources Inc. saw its stock lose almost one-third of its value on Monday after announcing “unexpected and perplexing” results from a shale gas appraisal program in New Brunswick.
Pennsylvania Muni Authority Seeks Safeguards for Marcellus Operations
A Pennsylvania municipal authority has filed a lawsuit to prevent a Marcellus Shale-related drilling project from proceeding until more watershed protections are in place.
Canada Entering the Shale Age
The budding Canadian branch of shale gas production shows signs of growing up fast, reports the country’s chief transporter. The expanding Nova pipeline grid in Alberta and British Columbia (BC) has received requests for 2.5 Bcf/d of capacity additions by 2014 for output from the new supply source, reports TransCanada Corp. Vice President Max Feldman.
Canada Entering the Shale Age
The budding Canadian branch of shale gas production shows signs of growing up fast, reports the country’s chief transporter. The expanding Nova pipeline grid in Alberta and British Columbia (BC) has received requests for 2.5 Bcf/d of capacity additions by 2014 for output from the new supply source, reports TransCanada Corp. Vice President Max Feldman.