Former BP plc operating chief Doug Suttles on Tuesday took over as CEO and president of Encana Corp., one of the largest natural gas producers in North America.
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Marcellus, Bakken Open New Doors for Old Philly Refinery
The Carlyle Group LP and Sunoco Inc. last week stepped up with an ambitious plan to keep the doors open at the oldest continuously operating refinery on the East Coast by using the gassy Marcellus Shale that surrounds the refinery and the oily Bakken Shale, which could provide up to 140,000 b/d of low-cost fuel supplies.
Carlyle, Sunoco JV Eyes Growth Fueled by Marcellus, Bakken
The Carlyle Group LP and Sunoco Inc. on Monday stepped up with an ambitious plan to keep the doors open at the oldest continuously operating refinery on the East Coast. The new venture is eyeing growth from the gassy Marcellus Shale that surrounds the refinery, while the oily Bakken Shale would provide up to 140,000 b/d of low-cost fuel supplies.
Raymond James: ‘Can’t Fight Fate’ on Growth in U.S. Gas Output
For nearly two straight years U.S. natural gas output has climbed almost continuously — and 2012 could see even stronger growth, according to the energy team at Raymond James & Associates Inc.
GasMart 2011: Technology Pinpoints Sweetest Sweet Spot
New and continuously improving drilling technologies have handed producers the keys to unlock more onshore natural gas and oil reserves with fewer wells and at a lower cost, but today’s innovations have only scratched the rock’s surface, a Schlumberger Ltd. executive said recently.
GasMart 2011: Finding the Sweetest Sweet Spot Through Drilling Technology
New and continuously improving drilling technologies have handed producers the keys to unlock more onshore natural gas and oil reserves with fewer wells and at a lower cost, but today’s innovations have only scratched the rock’s surface, a Schlumberger Ltd. executive said recently.
Transportation Notes
Florida Gas Transmission ended Saturday an Overage Alert Day that had been in effect continuously since July 8.
2005: A Look Back at the Year in Natural Gas
The year 2005 will be remembered for its hurricanes and record-setting natural gas prices, events that continuously grabbed the top headlines in the Natural Gas Intelligence newsletters, making them the longest-running top stories for the industry. Besides the actual hurricanes and consequent price spikes, it appeared that nearly everyone in a position to be quoted — congressmen, regulators, analysts, advocates, and industry executives — had comments, warnings, or prognostications about the events that roiled the industry. Other events — while important — only sporadically managed to shove hurricanes and prices out of the spotlight.
Study Urges ISO New England to Monitor Generators
A new study urges ISO New England Inc. to continuously monitor generator unit availability to price and demand in order to ensure adequate market signals are in place to encourage sufficient generator availability during peak load periods. The same study, unveiled last Friday, also recommends that the ISO devote future monitoring efforts to the performance of new combined-cycle units, some of which have experienced poor availability.