Committing

Although still far from committing to a project, Shell Chemical LP delighted Pennsylvanians Thursday by choosing a rural area outside of Pittsburgh as the potential location for a major petrochemical complex that could include an ethane cracker in the heart of the Appalachian Basin.

MarkWest Energy Partners LP has closed on its acquisition of partner The Energy and Minerals Group’s (EMG) 49% stake in MarkWest Liberty Midstream & Resources LLC.

Halliburton Inc. is working with several key customers that operate in North American natural gas basins by moderating prices and committing to not move equipment to “chase higher pricing” in more oily and liquids-rich plays, CEO Dave Lesar said last week.

Halliburton Inc. is working with several of its key customers that operate in North America’s natural gas basins by moderating prices and committing to not move equipment to “chase higher pricing” in more oily and liquids-rich plays, CEO Dave Lesar said Monday.

In an effort to remove carbon dioxide from natural gas, which could enable the commercialization of gas with a higher carbon dioxide content, ExxonMobil announced it is committing more than $100 million to complete development and testing of an improved natural gas treating technology that could make carbon capture and storage more affordable and significantly reduce greenhouse gas emissions.

The Securities and Exchange Commission (SEC) last week charged Nicor Inc.’s former CEO, CFO and treasurer with committing financial fraud between 1999 and 2002.

Committing to no electricity rate increases during the period, the nation’s largest municipal utility, the City of Los Angeles Department of Water and Power (LADWP), got approval last week from its oversight board for a five-year $3.2 billion capital expenditure plan, including a new natural gas supply pipeline to serve its LA Basin-based generation plants now under a massive repowering program.

Committing to no electricity rate increases during the period, the nation’s largest municipal utility, the City of Los Angeles Department of Water and Power (LADWP), got approval last week from its oversight board for a five-year $3.2 billion capital expenditure plan, including a new natural gas supply pipeline to serve its LA Basin-based generation plants now under a massive repowering program.

Spanish-Argentine energy concern Repsol-YPF SA said Friday it is committing $170 million over the next three years to produce natural gas in the Burgos Basin of Mexico after being awarded the first multiple service contract (MSC) by Petroleos Mexicanos (Pemex).