A comeback for coal in the power generation space could come next year on the expected rise in demand for electricity and corresponding increases in natural gas prices to more normal levels, according to global coal mining equipment supplier Joy Global Inc.
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Trunkline Criticized for Proposal to Cut Michigan Service
Trunkline Gas Co.’s proposal to abandon by sale 770 miles of its system has come under fire at FERC from Michigan customers served by the pipeline because it would reduce Trunkline’s service into the state to a single natural gas pipeline from the current two lines.
Trunkline Proposal to Reduce Michigan Service Under Attack
Trunkline Gas Co.’s proposal to abandon by sale 770 miles of its system has come under fire at FERC from Michigan customers served by the pipeline because it would reduce Trunkline’s service into the state to a single natural gas pipeline from the current two lines.
Petrohawk Unit Adds to BHP’s U.S. Shale Woes
BHP Billiton Ltd.’s recent announcement of a $2.8B charge for the diminished value of its dry gas Fayetteville Shale assets (see Shale Daily, Aug. 7) wasn’t the only bad shale-related news to come from the Australian company. Its Petrohawk Energy Corp. unit has been turning in sour numbers as well.
Marcellus Will Push Back Canadian Gas, Says Bentek
Marcellus Shale gas will push out some gas traditionally imported from Dawn, ON, later this year as new pipeline expansions come online, Bentek Energy LLC said in a market note.
Growing Uncertainty Clouds California Nuclear Plant
While the state has a mandate to have one-third of its electricity come from renewable energy resources by 2020, energy planners and providers alike are hoping milder weather prevails this summer in the face of prospects for perhaps a permanent shut down of one of the state’s two major nuclear generating plants.
New Mexico Energy Industry On the Rebound
Shaking off the economic barnacles of the recession better than some of its neighors, New Mexico’s energy industry has come back to 90% of all-time peak activity six years ago and done it mostly through ramped-up oil drilling chasing relatively high prices, according to a report by a nonprofit economic research firm.
New Mexico Oil and Gas Rebounding, Study Shows
Shaking off the economic barnacles of the recession better than some of its neighboring states, New Mexico’s oil and natural gas industry has come back to 90% of all-time peak activity six years ago, and it has done it mostly through ramped-up oil drilling chasing relatively high prices, according to a report released Thursday by an independent, nonprofit economic research firm.
Comment Period for BLM Fracking Rule to Be Extended
At the request of the oil and natural gas industry, the Obama administration will extend the public comment period on proposed Bureau of Land Management (BLM) rules governing hydraulic fracturing (fracking).
Anadarko Building Eagle Ford Processing Plant
Anadarko Petroleum Corp. has begun building the Brasada Gas Plant in La Salle County, TX, which is expected to come online in 2Q2013 with initial capacity to process up to 200 MMcf/d of liquids-rich natural gas from the Maverick Basin, where the company operates on about 400,000 gross acres.