Closer

Industry Briefs

California Gov. Jerry Brown on Thursday signed into law a bill (SB 1409) to establish closer coordination on energy policy between the state and U.S. military installations located in California. The Energy Security Coordination Act of 2012 directs the governor’s Office of Planning and Research to serve as a liaison between the state and the U.S. Defense Department “to coordinate and collaborate on clean energy policy.” The planning office will work with the California Energy Commission and California Public Utilities Commission to make sure the military bases are part of the state’s future development of energy and environmental policies. Separately, Brown signed 16 other measures dealing with renewable energy, climate change and energy efficiency.

October 1, 2012

Natural Gas Giving U.S. A Global Edge, Says Study

Higher U.S. manufacturing exports may add up to five million jobs by the end of the decade as manufacturers shift production from Europe and Japan to take advantage of lower domestic costs, including lower natural gas costs, according to The Boston Consulting Group (BCG).

September 24, 2012

Natural Gas Gives U.S. Global Edge, Says Study

Higher U.S. manufacturing exports may add up to five million jobs by the end of the decade as manufacturers shift production from Europe and Japan to take advantage of lower domestic costs, including lower natural gas costs, according to The Boston Consulting Group (BCG).

September 24, 2012

Restriction Rocks Northeast; Futures Stumble

The cash market eased overall Monday an average of 3 cents, but if titanic gains at some Northeastern points are factored out, the change was closer to a decline of 6 cents. A major Northeast pipeline announced significant maintenance work and deliveries north into Boston were sharply reduced. Weakness was also noted at California, Gulf, and Rockies points. At the close of futures trading October had sagged 7.8 cents to $2.865 and November was down 6.8 cents to $3.015. October crude oil tumbled $2.38 to $96.62/bbl.

September 18, 2012

GOM Workers Evacuated as Isaac Looms

Tropical Storm Isaac altered its course on Friday and could move closer to the central Gulf of Mexico (GOM) by Monday and Tuesday than previously expected — and have grown to hurricane status by then — prompting some companies to suspend drilling operations and evacuate workers from some platforms.

August 27, 2012

Lavaca Bay LNG Project Receives DOE Contract to Export U.S. Natural Gas

Coming one giant step closer to the creation of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading (FLSO) vessel technology, Excelerate Energy reported Monday that the United States Department of Energy (DOE) has granted the company a long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement nations from its Lavaca Bay LNG project.

August 14, 2012

Industry Briefs

Noting the deals will help move closer to creating a national highway fueling network for natural gas vehicles (NGV), Clean Energy Fuels Corp. said that it has inked fuel supply deals with five trucking fleets that transport products for some of the nation’s largest and most well-known brands. The five will use compressed natural gas (CNG) and liquefied natural gas (LNG) supplied by Clean Energy from existing and new fueling stations for CNG and from Clean Energy stations serving LNG. Clean Energy said the trucking fleets are geographically diverse, but share a common goal of reducing their fuel costs and operating more cleanly. The companies are: Saddle Creek Logistics Services, Lakeland, FL; Premier Transportation, Atlanta, GA; Hoopes Turf Farm, Transportation Division, Ulysses, PA; Lily Transportation , Needham, MA; and Lancaster Foods, Jessup, MD.

July 3, 2012

Shell’s Alaska Offshore Drilling Gains Momentum

A U.S. unit of Royal Dutch Shell plc last week moved another step closer to lowering a drillbit into the frigid waters offshore Alaska this summer after the Department of Interior approved a stringent oil spill response plan.

April 2, 2012

Shell’s Alaska Offshore Drilling Plans Gain Momentum

A U.S. unit of Royal Dutch Shell plc on Wednesday moved another step closer to finally lowering a drillbit into the frigid waters offshore Alaska this summer after the Department of Interior approved a stringent oil spill response plan.

March 29, 2012

California Governor to Examine Fracking More Closely

California Gov. Jerry Brown said last Friday that he plans to take a closer look at the oil/gas industry’s use of hydraulic fracturing (fracking) in the state, speaking at a renewable energy conference at the University of California, Santa Barbara, and to news media afterwards.

March 27, 2012