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Higher Natural Gas Prices Bring Hope to Coal Providers

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.

September 6, 2012

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.

September 3, 2012

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.

August 30, 2012

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.

August 13, 2012

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.

July 18, 2012

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.

July 10, 2012

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.

July 2, 2012

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.

June 29, 2012

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).

June 25, 2012

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.

June 20, 2012