Power generation and Alberta oilsands development are poised to make strong Canadian contributions toward reducing the natural gas supply glut, said the vice-chairman and a member of the National Energy Board (NEB).
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Canadian Officials: Power, Oilsands to Absorb Some of Gas Glut
Power generation and Alberta oilsands development are poised to make strong Canadian contributions toward reducing the natural gas supply glut, said the vice-chairman and a member of the National Energy Board (NEB).
EEA Sees Sharp Decline in Gas-Fired Power Additions Over Next 7 Years
The saturated power market and significant downsizing and belt tightening among merchant energy companies will result in a sharp decline in the number of gas-fired power plants added to the market over the rest of the decade. “The construction boom is finally nearing its end,” Virginia-based consulting firm Energy and Environmental Analysis Inc. (EEA) said in its latest Monthly Gas Update.
EEA Sees Sharp Decline in Gas-Fired Power Additions Over Next 7 Years
The saturated power market and significant downsizing and belt tightening among merchant energy companies will result in a sharp decline in the number of gas-fired power plants added to the market over the rest of the decade. “The construction boom is finally nearing its end,” Virginia-based consulting firm Energy and Environmental Analysis Inc. (EEA) said in its latest Monthly Gas Update.
FERC OKs Downsizing of Transco Project, Vacates ANR Certificate
The Federal Energy Regulatory Commission last week voted out an order to downsize and phase the construction of an already-certificated expansion of Transcontinental Gas Pipe Line Corp.’s mainline pipeline system in the Southeast region.
FERC OKs Downsizing, Phasing of Transco Expansion in Southeast
The Federal Energy Regulatory Commission has voted out an order to downsize and phase the construction of an already-certificated expansion of Transcontinental Gas Pipe Line Corp.’s mainline pipeline system in the Southeast region.
Eastern Gulf Sale Draws $341 Million in High Bids from 14 Producers
Despite the downsizing of the Eastern Gulf of Mexico Lease Sale 181 after pressure from Florida congressmen and Gov. Jeb Bush, there still was a significant response last week from the industry — although some big name players, such as BP and ExxonMobil, were notably absent. The sale drew 190 bids from 14 exploration and production companies last Wednesday, the Department of the Interior’s Minerals Management Service reported. High bids totaling $341 million were made on 95 deepwater tracts out of the 233 tracts offered.
Dynegy Unloads More Processing Assets
Dynegy Inc. continued downsizing its field services operationsyesterday by signing an agreement to sell its 56% interest in the85 MMcf/d Roberts Ranch natural gas processing plant in MidlandCounty, TX, to Duke Energy Field Services, which operates two otherplants in Midland.