The U.S. arm of French heavyweight Total SA expects to add North American unconventional properties to its portfolio either through joint ventures (JV) or by itself, a top executive said last week.
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Shale Part of ‘Portfolio Cocktail Moving Forward,’ Says Total Exec
Total SA wants to cook up some new deals in the U.S. shale patch, either through more joint ventures (JV) or on its own, a top executive said Wednesday.
Total Looking for U.S. Unconventional Properties Through JVs or Separately, Says Exec
The U.S. arm of French heavyweight Total SA expects to add North American unconventional properties to its portfolio either through joint ventures (JV) or by itself, a top executive said Wednesday.
Global Energy Giant Total Keeps Eye on Shale
Even though its home country of France has nixed shale gas and oil exploration, Paris-based Total will continue to seek unconventional resources, a spokesman told NGI’s Shale Daily. Total sees gas as a major player on the world’s energy stage over the next 20 years.
West Virginia DEP Enacts Emergency Rule on Permitting
The West Virginia Department of Environmental Protection (DEP) filed an emergency rule regarding Marcellus Shale drilling on Monday, following through on Gov. Earl Ray Tomblin’s executive order from July mandating regulatory changes.
Transportation Notes
Pacific Gas and Electric issued a systemwide Stage 1 high/low-inventory OFO for Friday, setting penalties of 25 cents/Dth for either negative or positive imbalances exceeding a 10% tolerance.
ETC Tiger Seeks to Put Haynesville, Bossier Expansion in Service
ETC Tiger Pipeline LLC, a unit of Dallas-based Energy Transfer Partners LP, has asked FERC for the green light to place a 400 MMcf/d expansion of its system in service by early August.
FERC OKs Dominion Appalachian Pipeline to Carry Marcellus Gas
The Federal Energy Regulatory Commission Thursday approved Dominion Transmission Inc. (DTI) proposal to build its Appalachian Gateway pipeline, which would carry shale and conventional gas production from West Virginia and southwestern Pennsylvania to growing markets in the Mid-Atlantic and Northeast regions.
Small Amount of Firming Returns in Near-Flat Market
Small declines were still in a modest majority Thursday in a market that saw no changes of more than a nickel or so either up or down at any location. The flat to slightly higher quotes were chiefly due to some growth of cooling demand in the Northeast and South along with the previous day’s rise of 3.4 cents by June futures.
All Points Up Despite Overall Light Weather Load
There didn’t seem to be enough weather-based demand — for either heating or cooling — to justify it, but prices were up fairly strongly across the board Monday. The cash market did derive minor support from the previous Friday’s 5.2-cent uptick by June futures and the restoration of industrial load from its usual weekend decline.