ExxonMobil Corp. and Russia’s state-owned OAO Rosneft have agreed to expand a 2011 strategic cooperation agreement that significantly expands exploration and development plans, and offers Rosneft a big stake in the Point Thomson, AK, natural gas and condensate project.
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Economist Cites Texas NGLs for Petchem Boom
Everyone knows “Texas tea” means oil, but in the Lone Star state, ethylene produced from booming supplies of natural gas liquids (NGL) might come to be known as “Texas sweetened tea” for the profitability it’s bringing to the Gulf Coast petrochemical industry.
Weir Buys Another U.S. Unconventional Oilfield Company
Scotland-based oilfield services provider The Weir Group plc continues to expand its U.S. onshore holdings, the latest deal being the acquisition of Oklahoma’s Mathena Inc.
Four-State Pipeline, Storage Expansion Approved by FERC
FERC issued a certificate Thursday to Dominion Transmission Inc. (DTI) to expand its pipeline and storage system in Maryland, Ohio, West Virginia and Pennsylvania.
NuStar Expanding Eagle Ford Crude Assets
NuStar Energy LP is expanding its South Texas Crude Oil Pipeline System with the support of a long-term pipeline and terminal services agreement recently struck with ConocoPhillips, the partnership said Thursday.
Xcel to Upgrade, Expand Colorado Gas, Steam System
Minnesota-based Xcel Energy’s Colorado utility plans to upgrade and expand its natural gas and steam infrastructure in response to regulatory mandates and safety needs calling for an overhaul of the utility’s pipelines system. Xcel is asking state regulators to approve annual gas utility retail rate increases averaging 3.6% and totaling $113.8 million through 2015.
Oneok Partners Seeks Oversight Clarity on Bushton, KS, NGL Plant
In an effort to determine which government agency has oversight authority for the Bushton, KS, natural gas liquids (NGL) fractionation plant, three subsidiaries of Oneok Partners LP have filed a declaratory judgment action in federal District Court in Tulsa, OK, seeking a ruling on the jurisdictional limits of the Pipeline and Hazardous Materials Safety Administration (PHMSA).
EPA Presses FERC to Expand Analysis of Cove Point Exports
The Environmental Protection Agency (EPA) has called on FERC to expand the scope of its environmental analysis of Dominion Cove Point’s proposed liquefaction facilities to include the “indirect effects” related to natural gas drilling and combustion.
EPA Presses FERC to Expand Cove Point Analysis
The Environmental Protection Agency (EPA) has called on FERC to expand the scope of its environmental analysis of Dominion Cove Point’s liquefaction facilities, asking it to look into the “foreseeable future” and to exceed its jurisdiction by reviewing the “indirect effects” related to natural gas drilling and combustion.
EPA Presses FERC to Study Environmental Impact of Shale Gas
The Environmental Protection Agency (EPA) has called on FERC to expand the scope of its environmental analysis of Dominion Cove Point’s proposed liquefaction facilities, looking into the “foreseeable future” and exceeding its jurisdiction to include an investigation into the “indirect effects” related to natural gas drilling and combustion.