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Noble Energy to Pay $4.2M to Settle FERC Violations

FERC’s Office of Enforcement has entered into a stipulation and consent agreement requiring Noble Energy Inc. to pay nearly $4.2 million in civil penalties and disgorged profits to settle violations of the agency’s shipper-must-have-title (SMHT) requirements, buy-sell arrangements and competitive bidding rules for long-term, discounted rate capacity releases.

March 16, 2010

Alliance to Offer Energy Industry Security Services

Responding in a time when security concerns and terrorism threats are heightened, Pace Global Energy Services and Ridge Global have entered into a strategic alliance to offer joint services to the energy and industrial markets.

January 11, 2010

Consultants Launch Energy Industry Security Services Alliance

Responding in a time when security concerns and terrorism threats are heightened, Pace Global Energy Services and Ridge Global have entered into a strategic alliance to offer joint services to the energy and industrial markets.

January 7, 2010

Stealth Ventures Plans Underground Coal Gasification in Nova Scotia

Alberta-based Stealth Ventures Ltd. has entered into an agreement with Clean Coal Ltd. (CCL), for the development of an underground coal gasification (UCG) project in the Cumberland Basin of Nova Scotia. The coal would be burned in place to create gas, rather than mining it for processing on the surface.

January 4, 2010

Underground Coal Gasification Sought in Nova Scotia

Alberta-based Stealth Ventures Ltd. has entered into an agreement with Clean Coal Ltd. (CCL), an internationally based company whose technical team is based in the United Kingdom, for the development of an underground coal gasification (UCG) project in the Cumberland Basin of Nova Scotia.

December 30, 2009

Senate Trio Hopes to Revive Stalled Climate Effort

As the standoff between Republicans and Democrats on the Senate Environment and Public Works Committee over climate change legislation entered its second day Wednesday, three senators — each from different parties — announced that they plan to take steps to revive the stalled climate effort.

November 6, 2009

Industry Briefs

Cabot Oil & Gas Corp. has entered a consent order and agreement (CO&A) with the Pennsylvania Department of Environmental Protection (DEP) concerning drilling and hydraulic fracturing (hydrofracing) activities in an approximately nine-square-mile area in Susquehanna County, PA, which requires the company to provide a temporary water supply or treatment device to 13 homes. The area was identified by DEP because of concerns about the presence of methane in groundwater supplies. None of Cabot’s activities outside the nine-square-mile area are affected by the agreement, officials said. By taking these precautionary measures, Cabot and DEP “are assured that the safety and health of the residents in the area are fully protected while the investigation of causes of methane in the groundwater continues,” the Houston-based producer said. In a separate incident Cabot in October was allowed to resume hydrofracing operations in Susquehanna County after DEP said the company had complied with the terms of an order that was issued after a hydrofrac lubricant was spilled three times over a one-week period at a company drilling site (see Daily GPI, Oct. 20).

November 6, 2009

Miller Energy Resources Acquires Alaskan Oil and Gas Assets

Miller Petroleum Inc., which does business as Miller Energy Resources, continued its 2009 oil and gas asset grab on Tuesday, announcing that it has entered into an agreement to purchase the south-central Alaska assets of Cook Inlet Energy LLC for $875,000.

October 21, 2009

Partnership Formed to Acquire, Develop U.S. Gas Infrastructure

Tenaska Capital Management LLC (TCM) and Energy Spectrum Partners V LP said Monday they have formed and plan to jointly operate Frontier Gas Services LLC to acquire, develop, own and operate natural gas infrastructure primarily in the Midcontinent, Permian Basin, East Texas and unconventional shale plays across the United States. The partnership pledged “at least” $250 million to fund the development.

August 18, 2009

Microsoft Targets Energy Efficiency

Microsoft Corp. entered the home energy efficiency sector Wednesday, launching a free website, Microsoft Hohm, as a place where consumers can “save energy and money.”

June 26, 2009
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