Kinder Morgan Subsidiaries Help Company Rake in 1Q Profits

Subsidiaries of Kinder Morgan Inc. (KMI) propelled the company to big profits during the first quarter of 2013, allowing it to raise its quarterly dividend 19% and aligning it for more than $12 billion of expansion and joint venture (JV) projects across North America.

April 19, 2013

Local Colorado Drilling Agreements Depend on State

Agreements between two oil and gas producers and a small Front Range Colorado town have added to the state’s rules covering hydraulic fracturing and depend solely on the state for enforcement. Memoranda of understanding (MOU) inked separately by Encana Oil & Gas Co. and Anadarko Petroleum Corp. with the city of Erie, CO, include several best management practices mutually agreed to with city officials and incorporated into state permitting requirements for new wells.

September 4, 2012

Act Nationally, Think Globally, Says LNG Export Report

While future U.S. exports of liquefied natural gas (LNG) depend on decisions by the federal government, the ultimate volumes and prices involved will be driven by the global natural gas market, which is rapidly being reshaped, according to a report released Wednesday by a professor at Rice University’s Baker Institute for Public Policy.

August 17, 2012

EPA to ‘Review, Consider’ Industry Report on Methane Emissions

The Environment Protection Agency (EPA) said it would “review and consider” an industry report’s claims that the agency has significantly overestimated methane emissions from natural gas well operations, particularly from unconventional wells using hydraulic fracturing. It contends, however, that its emissions estimates are based on the best data available.

June 6, 2012

Report Sees Hurdles Ahead for Pennsylvania NGVs, Despite Strength of Marcellus

Even with the huge Marcellus Shale, the high cost of natural gas vehicles and a lack of infrastructure to fuel the vehicles may deter growth in the state, according to the Allegheny Conference on Community Development.

May 10, 2012

WSI: Northeast Warmer, But Summer May Be Mild

The Northeast, Great Lakes and Southwest areas of the United States will remain mostly warmer than normal over the next three months, continuing a trend that kept a lid on natural gas consumption and prices through most of the winter, according to forecasters at Andover, MA-based Weather Services International (WSI). But conditions may be ripe for a cooler-than-normal summer overall this year, WSI said.

April 24, 2012

Halliburton Defers Some Pressure Pump Spending to 2013

Some of Halliburton Co.’s pressure pumping deliveries in North America originally planned for this year will be deferred to 2013 to deal with “inefficiencies” that followed onshore producers moving from dry natural gas plays to more liquids-rich regions, company executives said Wednesday.

April 20, 2012

Heinz Endowment Seeks New Home for FracTracker

The Heinz Endowment is looking for another university or entity to host and develop its Marcellus Shale research programs after an apparent falling out with the University of Pittsburgh.

September 2, 2011

‘World-Class’ Ethane Cracker Evaluated for Gulf Coast

A “world-class” ethane cracker and ethylene derivatives facility, fed by shale gas reserves, is being evaluated by Chevron Phillips Chemical Co. LP for siting in the Gulf Coast region.

March 29, 2011

Gas, Oil Price Forecasts Still Uncertain, Say Analysts

A glimmer of hope has emerged in the natural gas and oil industry, but commodity price forecasts still are uncertain because a price recovery will depend on the success of global stimulus packages that use energy as a driver, the pace of economic recovery and the magnitude of North American gas reserves, energy analysts said in new reports.

July 7, 2009
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