Citigroup’s natural gas and power trading operations are to remain in Houston following completion of a reorganization intended to bolster the struggling banking giant, which has been rocked by the Wall Street crisis.
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REX Cites Regulatory Delays in Adjusting REX East Timetable
Rockies Express (REX) has reassessed its progress in constructing its 1.8 Bcf/d REX-East pipeline, extending the date for completion by five months to the start of the 2009 winter heating season.
REX Cites Regulatory Delays in Adjusting REX East Timetable
Rockies Express (REX) has reassessed its progress in constructing its 1.8 Bcf/d REX-East pipeline, extending the date for completion by five months to the start of the 2009 winter heating season.
Transportation Notes
As a result of the completion of inspections after Hurricane Ike, Sea Robin lifted Tuesday the OFO that it issued Aug. 30 for all receipt points.
Puget, Private Buyers to Keep Local Board, Management
Puget Sound Energy (PSE), the utility of Bellevue, WA-based Puget Energy, will retain key local board members and utility management following completion of the deal to take the company private, it said Thursday.
Operations Resume at Enterprise’s Pioneer Processing Plant
Operations at the Pioneer cryogenic gas processing facility in Lincoln County, WY, resumed on Thursday following completion of repairs, according to owner Enterprise Products Partners LP.
Industry Briefs
Market Hub Partners Holding (MHP), a joint venture of Spectra Energy Corp. and Spectra Energy Partners LP, will add approximately 6.5 Bcf of working capacity at its Moss Bluff natural gas storage facility by developing a fourth cavern at the Liberty County, TX, site. The MHP system at Moss Bluff is a high-deliverability salt cavern storage facility with 15 Bcf of current working capacity. A permit for the cavern expansion has been secured from the Texas Railroad Commission, and the fourth cavern is expected to be in service in summer 2011, MHP said. The company will also upgrade surface facilities to provide increased interconnectivity to the interstate pipeline network. Construction of the facilities is expected to begin this summer with in-service as early as the first half of 2009. In late 2006 Spectra said it would expand its Gulf Coast salt cavern storage facilities by more than 35 Bcf over the next six years (see NGI, Dec. 11, 2006). Last year the company filed an application with FERC to add a fourth cavern at its Market Hub-Egan gas storage facility — a 20 Bcf high-deliverability salt cavern facility in Acadia Parish, LA — which would ultimately increase working gas capacity of that facility to 32 Bcf (see NGI, Feb. 26, 2007).
API: Natural Gas Drilling Sets Third-Quarter Record
Domestic natural gas drilling activity set a record for the third quarter, the American Petroleum Institute (API) said in its quarterly well completion report released last Monday.
API: Natural Gas Drilling Sets Third-Quarter Record
Domestic natural gas drilling activity set a record for the third quarter, the American Petroleum Institute (API) said in its latest quarterly well completion report.
Shareholders Approve Great Plains Acquisition of Aquila
The dismantling of former gas and power titan Aquila Inc. moved a step closer to completion last week. Great Plains Energy Inc., the parent company of Kansas City Power & Light, received approval from its shareholders to issue common stock for its acquisition of Aquila.