A unit of Royal Dutch Shell plc has inked a milestone agreement with Chinese officials to use its technical know-how to develop shale gas in a first-ever production sharing contract (PSC).
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Facing ever-stiffer criticism and monetary penalties for its past natural gas pipeline safety blunders, Pacific Gas and Electric Co. (PG&E) on Friday asked state regulators to separate its ongoing pipe proceedings into one to set future rules and another to review the combination utility’s past safety practices.
California’s recently streamlined oil/gas drilling permits process has been achieved after warnings about the use of hydraulic fracturing (fracking) were stifled and two top state officials were fired by Gov. Jerry Brown, according to a front-page report in Sunday’s Los Angeles Times.
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 natural gas plunged Wednesday as traders attempted to factor in an ever-increasing storage surplus and noted continued mild weather projections. At the close January had tumbled 14.3 cents to $3.136 and February had fallen 13.4 cents to $3.187. January crude oil imploded $5.19 to $94.95/bbl.
If ever there was an explorer for other producers to take a page from, it just might be Noble Energy Inc., which has quietly become one of the players to watch in the U.S. onshore.
Without the alternative of plentiful and cheap natural gas supplies and facing ever-higher petroleum prices, Berlin, Germany, the capital and city-state that serves as an icon for a nation still adjusting to reunification, has set a decidedly high goal for making itself Europe’s clean transportation capital. With the byproducts of natural gas being less viable here, Berlin envisions an electrified transportation system.
Natural gas will play an ever-expanding role over the next decade to meet the energy needs of New Brunswick (NB), according to a 10-year energy plan unveiled by the New Brunswick Department of Energy on Wednesday.
Natural gas will play an ever-expanding role over the next decade to meet the energy needs of New Brunswick (NB), according to a 10-year energy plan unveiled by the New Brunswick Department of Energy.
Natural gas will play an ever expanding role over the next decade to meet the energy needs of New Brunswick (NB), according to a 10-year energy plan unveiled by the New Brunswick Department of Energy on Wednesday.