An “extremely” warm summer, combined with coal-to-gas switching, has created an “unprecedented” Bcf/day swing in the year/year natural gas supply/demand balance, which should lead to higher prices through the second half of the year, according to energy analysts with Raymond James & Associates Inc.
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Questar Seeks Open Season Support for Wyoming Compressor Upgrade
Questar Pipeline Co. is holding a binding open season through Sept. 10 for capacity that will be created by new replacement compressor facilities at its existing Simon Station in Sweetwater County, WY.
Questar Seeks Open Season Support for Wyoming Compressor Upgrade
Questar Pipeline Co. is holding a binding open season through Sept. 10 for capacity that will be created by new replacement compressor facilities at its existing Simon Station in Sweetwater County, WY.
Raymond James: Natural Gas ‘Disaster’ Averted
An “extremely” warm summer, combined with coal-to-gas switching, has created an “unprecedented” Bcf/day swing in the year/year natural gas supply/demand balance, which should lead to higher prices through the second half of the year, energy analysts with Raymond James & Associates Inc. said Monday.
Deloitte: Cheap Gas Puts Some Companies in Play
Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to a midyear report on M&A activity.
Deloitte: Cheap Gas Puts Some Companies in Play, MLPs Consolidating
Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to the firm’s midyear report on M&A activity.
Braskem to Take Over Petrochemical Operations at Marcus Hook
Braskem America on Wednesday agreed to take over some of the petrochemical operations at the old Sunoco Marcus Hook Industrial Complex south of Philadelphia with a $56 million infusion and another $15 million in state support that preserves more than 100 jobs and creates at least 28 more.
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Sempra Energy’s Southern California Gas Co. (SoCalGas) has named Dennis Arriola as president and COO to fill the vacancy created when Anne Shen-Smith was named chair and CEO. SoCalGas Chairman and CEO Michael Allman resigned in June. Arriola returns after spending 14 years at the company and at Sempra; most recently he was CFO of San Jose, CA-based SunPower Corp. Between 1994-2008 Arriola had a variety of leadership positions at SoCalGas and related companies, the last as CFO of SoCalGas and Sempra’s San Diego Gas and Electric Co. Arriola has an MBA from Harvard and an undergraduate degree in economics from Stanford.
FERC OKs Equitrans Transfer of Marcellus Sunrise Pipe to Affiliate
FERC Tuesday approved Equitrans LP’s request to abandon by sale its Sunrise Pipeline facilities that are currently under construction to a newly created affiliate, Sunrise Pipeline LLC, which was formed by Equitrans owner EQT Corp.
Contested Hearing on EOG ‘Fracking’ Sand Plant Set for July 12
The Texas State Office of Administrative Hearings (SOAH), which was created to referee contested cases, will hold a hearing July 12 in Gainesville, TX, on EOG Resources Inc.’s application for an air permit to build a plant to process sand to be used primarily to hydraulically fracture (frack) oil and natural gas wells.