Event

Second Forecaster Expects Unusually Mild Atlantic Hurricane Season

Second Forecaster Expects Unusually Mild Atlantic Hurricane Season

An El Nino event in the Pacific and relatively cool waters in the Atlantic will combine to suppress the development of hurricanes in the Atlantic Basin this year, according to forecasters at Weather Services International (WSI).

April 21, 2015

Portland Mayor Urges Oregon to Drop Fossil Fuel Investments

In the context of opening a United Nations (UN) environmental event in his city Wednesday, Portland, OR, Mayor Charlie Hales called for several Oregon state investment funds to purge themselves of holdings in fossil fuel companies. The state’s largest city already has taken that step, Hales said.

June 7, 2013

Chesapeake Revamping Corporate Governance, Reining in McClendon

Chesapeake Energy Corp.’s share price had fallen more than 4% in afternoon trading Tuesday following news a day earlier to revamp corporate governance and rein in spending and compensation. Among other things, CEO Aubrey McClendon won’t receive a bonus for 2012 and some of his perquisites have been cut.

January 9, 2013

WSI: El Nino to Keep East Warmer Into October

An emerging El Nino event — the warming of water temperatures in the central and equatorial Pacific Ocean — will bring warmer-than-normal temperatures to the eastern United States in September and October and could keep much of the West cooler than normal, according to forecasters at Andover, MA-based Weather Services International (WSI).

August 21, 2012

Anti-Frack Protest Makes Little Noise in Washington

The climax of a three-day “Stop the Frack Attack” anti-hydraulic fracturing (fracking) rally in Washington, DC, on Saturday had been advertised by its organizers as an event that would bring “thousands of people from across the U.S. and around the globe” to protest the practice.

July 31, 2012

Experts Disagree On Link Between Fracking, Quakes

The number of “felt” manmade earthquakes induced by hydraulic fracturing (fracking) in oil and natural gas operations is negligible, the chair of a major report on seismicity activity told a Senate panel Tuesday. However the disposal of the water associated with fracking of shale gas wells is linked to increased quake activity, an official with the U.S. Geological Survey (USGS) said.

June 20, 2012

Kinder Pipes Feel Shale Pain and Promise

Kinder Morgan Inc.’s (KMI) analyst day Wednesday drew the largest crowd CEO Rich Kinder said he’s ever seen at the event. Perhaps it was because of “some little acquisition we’ve been working on” (El Paso Corp.), he suggested. Even with lawyers keeping executives mostly mum on that item, shale gas and natural gas liquids (NGL) made for plenty to talk about.

January 26, 2012

Transportation Notes

At the start of Wednesday’s gas day Destin will end a force majeure event and resume normal operations from its Main Pass 260 platform through the onshore Pascagoula Gas Plant in Mississippi (see Daily GPI, Oct. 18). The alternate delivery point to Viosca Knoll Gathering System will no longer be available for transportation services until further notice, Destin said.

November 9, 2011

Service Rig Delay Stalls Morgantown Wells

Operations at two Northeast Natural Energy (NNE) natural gas wells in the Marcellus Shale near Morgantown, WV, have been delayed while the company awaits the arrival of a service rig.

October 19, 2011

Transportation Notes

El Paso reported a force majeure event on its North Mainline as the result of a leak on Line 1201 upstream of Navajo Compressor Station. Assessment of the leak and subsequent repair requires not only isolation of Line 1201 but also isolation of a portion of Lines 1204 and 1208, thus restricting operations in the area to only Line 1200, El Paso said. As a result, North Mainline capacity was reduced to 1,165 MMcf/d until further notice, representing an approximate reduction of 370 MMcf/d, or 25%, based upon Cycle 2 scheduled quantities for Wednesday. See the bulletin board for further details.

July 29, 2011
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