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Chart Expanding Into Carbon Capture Technology for LNG Producers in $20M Acquisition

Chart Expanding Into Carbon Capture Technology for LNG Producers in $20M Acquisition

Chart Industries Inc. has agreed to acquire Utah-based Sustainable Energy Solutions Inc. (SES) for $20 million in cash in a deal that would allow it to expand into carbon capture for liquefied natural gas (LNG) producers. Atlanta-based Chart said this week it has signed a letter of intent to acquire SES, but added that the…

December 17, 2020

Traders Balancing Still Moderating Weather With Expected Storage Stats; July Called A Penny Higher

July natural gas is set to open a penny higher Tuesday morning at $2.90 as traders digest further deterioration in the weather outlook and mull Thursday inventory figures. Overnight oil markets plunged.

June 20, 2017

NatGas Well Bid Off Weather, Technicals; December Called 3 Cents Higher

December natural gas is seen opening 3 cents higher Tuesday morning at $4.08 as traders assess a strong technical picture along with continued supportive weather forecasts. Overnight oil markets spiraled lower.

November 4, 2014

Colorado Looking to Push CNG Co-Fueling Locations

The Colorado Energy Office, which has a goal of diversifying the state’s energy use for transportation, is preparing to issue a request for applications (RFA) for partial funding of compressed natural gas (CNG) fueling stations that are co-located with electric vehicle (EV) charging sites and/or propane fueling locations.

May 2, 2014

Oil Patch LNG Venture Picks Eagle Ford for First Project

Stabilis Energy and Koch Industries unit Flint Hills Resources LLC plan to build up to five liquefied natural gas (LNG) liquefiers to serve oilfield fuel consumers. Their first project is slated for the Eagle Ford Shale.

October 4, 2013
Energy Patch Drives Nation-Leading GDP Growth in North Dakota

Energy Patch Drives Nation-Leading GDP Growth in North Dakota

Oil and gas patch output is typically measured in barrels or cubic feet, but gross domestic product (GDP) is another yardstick by which to chart growth, and that’s particularly true in North Dakota, home to the Bakken Shale, the U.S. Energy Information Administration (EIA) said Friday.

July 15, 2013
Marcellus Gas Wells — Dry or Wet — Competing with Bakken Economics

Marcellus Gas Wells — Dry or Wet — Competing with Bakken Economics

Given current commodity prices, natural gas wells drilled in the Marcellus Shale — wet or dry — compete favorably with marginal Bakken Shale oil wells, but that’s the only gas play in the U.S. onshore that today can compete with Bakken oil well economics, according to an analysis by Barclays Capital.

June 27, 2013

New Brunswick Proposes Bevy of Oil, Gas Regulatory Changes

Officials in New Brunswick unveiled a list of more than 100 recommended changes to the province’s regulatory framework for oil and natural gas on Thursday, including tougher casing and cementing standards, increased water protections and substantially higher royalties.

May 21, 2012

Carrizo Has Record-Setting Quarter

Houston-based Carrizo Oil & Gas Inc. posted records during the first quarter for natural gas, natural gas liquids (NGL) and oil production as well as chart-topping revenue, largely thanks to the Eagle Ford Shale of South Texas and the Barnett Shale in North Texas. Meanwhile, Marcellus Shale activities are ramping up.

May 10, 2012

IHS CERAWeek: Shale Stimulating U.S. Economy

The shale gas industry contributed $76.8 billion to U.S. gross domestic product (GDP) and supported more than 600,000 jobs in 2010, but that’s just the tip of the iceberg, according to a report issued Wednesday by the World Economic Forum (WEF) at IHS CERAWeek 2012 in Houston.

March 8, 2012
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