Dominion

Environmentalists and other activists are marshaling their troops to continue their battle against the recently authorized global exports of liquefied natural gas (LNG) from the Cove Point LNG Terminal on the Chesapeake Bay in Calvert County, MD.

Dominion Resources Inc. is well into the process to secure a partner to farm-out about 100,000 prospective liquids-rich acres in West Virginia, offering a can’t-lose proposition for both sides, a spokesman said Monday.

A nonprofit energy aggregator that supplies natural gas to more than 250,000 customers in Northeast Ohio has signed a six-year contract to purchase gas produced from the Marcellus and Utica shales.

The U.S. Department of Energy (DOE) this week gave Marcellus Shale gas producers hope for a waterborne route to market for the product that they have so much of.

With its “confidence level” higher than ever, Dominion Resources Inc. is rounding up its Appalachian-driven natural gas assets and forming a partnership that could generate up to $2 billion a year in earnings, CEO Tom Farrell said Thursday. As part of the overall restructuring, about 100,000 acres of the Marcellus Shale holdings in West Virginia will be farmed out.

The U.S. Department of Energy (DOE) on Wednesday conditionally authorized Dominion Cove Point LNG LP to export domestically produced liquefied natural gas (LNG) from the Cove Point LNG Terminal in Calvert County, MD, to countries that do not have a free trade agreement (FTA) with the United States.

Blue Racer Midstream LLC, designed to provide expanded services over the next three years in the Utica and Marcellus shales, on Thursday secured an initial five-year, $800 million credit facility that could be expanded to $1 billion.

The elephant named Marcellus that has been sitting on Northeast-Henry Hub basis isn’t about to move along, and what used to be a premium market will see trades discounted to the U.S. gas benchmark for a while, analysts at Credit Suisse said in a note Tuesday.

Old Dominion Electric Cooperative (ODEC), providing power for 1.2 million people in Maryland, Virginia and Delaware, is negotiating for gas supply for a planned 1,000 MW natural gas-fired baseload plant near the Susquehanna River at the head of Chesapeake Bay.