Spectra Energy has been busy building out infrastructure in the Northeast, where capacity is needed to get Marcellus and Utica gas to market. However, the Southeast and Gulf Coast regions are ripe for billions of dollars of investment as well, said Spectra’s Bill Yardley, president of the U.S. transmission and storage business.
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Enviros Call for Rehearing of Tenn. 300 Line Upgrade
Accusing Tennessee Gas Pipeline of “improperly segmenting” its expansion projects to avoid rigorous environmental reviews, three environmental groups have filed an emergency motion asking FERC to expedite consideration of their request for the agency to rehear a May order approving the pipeline’s Northeast Upgrade Project.
Tennessee Seeks to Place Entire Northeast Project in Service
Tennessee Gas Pipeline Co. Monday sought authorization to place the remaining portion of its Northeast Supply Diversification (NSD) Project in service on Nov. 1. The request came only days after the Federal Energy Regulatory Commission approved the start-up of a portion of the NSD facilities to provide service to three shippers beginning Oct. 1 (see Shale Daily, Sept. 24).
Bentek: Tennessee Line 300 to Loosen, Then Tighten Again
Producers in northeastern Pennsylvania will get a respite from the region’s pipeline capacity pinch — but not for long — according to Bentek Energy LLC.
Eagle Ford Oil & Gas Acquiring Acreage Interest
Eagle Ford Oil & Gas Corp. has signed a letter of intent to acquire a 25% nonoperated working interest in 5,990 acres in Borden County, TX, the Houston-based independent said Wednesday.
Federal Subsidy for Wind $23.37/MWh; Natural Gas 25 Cents/MWh
While there may be future rewards in terms of diversification of energy supply, energy security and environmental protection, the American taxpayer currently is paying a high price for development of the power generation fuels of the future, according to a recent report by the Energy Information Administration (EIA).
Inergy Building Significant Northeastern Storage Presence
Acquisition of new and expansion of existing Inergy LP gas storage facilities will give the company more than 40 Bcf of working capacity and make it one of the largest storage operators in the Northeast, the company said last week.
BIDC Acquires Southern States Gas Gathering
Bidder Communications Inc. (BIDC) said on Thursday that as part of its diversification strategy the company has acquired 100% ownership of Southern States Gas Gathering LLC of Louisiana. The acquisition gives BIDC entry into the southern energy resource market.
Sinking Stocks Show Need for Diversification
With gas and electric utility stocks continuing to probe thedepths after a brief spike in a January fuel-cell frenzy, someobservers and executives are keeping their eyes peeled for the nextseries of corporate takeovers in the industry.
Sinking Stocks Show Need for Diversification
With gas and electric utility stocks continuing to probe thedepths after a brief spike in a January fuel-cell frenzy, someobservers and executives are keeping their eyes peeled for the nextseries of corporate takeovers in the industry.