TransCanada Corp. said Monday it will find a new route for its controversial Keystone XL oil pipeline around the water-sensitive Sandhills area in Nebraska, and to that end, it is supporting legislation proposed in the state legislature to develop a new route for the portion of Keystone that would cross the state.
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Cheniere: For Now, More Red Ink than LNG
While it continues to push forward with its plan to export liquefied U.S. shale gas to global markets, Cheniere Energy Partners LP continues to lose money.
Cheniere: For Now, More Red Ink than LNG
While it continues to push forward with its plan to export liquefied U.S. shale gas to global markets, Cheniere Energy Partners LP continues to lose money.
Analyst: BG’s U.S. LNG Deal a Supply Backstop
The recent domestic liquefied natural gas (LNG) export deal struck by BG Group and Cheniere Energy Partners will have to overcome a number of hurdles to be economic, but it offers BG security of supply with which to serve its global LNG clientele, an analyst told NGI.
Analyst: BG’s U.S. LNG Deal a Supply Backstop
The recent domestic liquefied natural gas (LNG) export deal struck by BG Group and Cheniere Energy Partners will have to overcome a number of hurdles to be economic, but it offers BG security of supply with which to serve its global LNG clientele, an analyst told NGI.
Canadian Hostility to Marcellus Gas Imports Rises
A potential market for growing gas supplies from the Marcellus Shale — Eastern Canada — could be in jeopardy as resistance to U.S. sourced gas grows among Canadian producers while Canadian landowners object to pipeline plans and a pipeline flow reversal project stumbles with regulators.
Industry Brief
Operations at the Kenai, AK, liquefied natural gas (LNG) liquefaction and export terminal have been extended until October to fill an additional order, the Associated Press reported. In February the plant’s operator, ConocoPhillips, said the facility would close in the coming months due to the expiration of an existing LNG supply contract with a customer in Japan (see Daily GPI, Feb. 11). However, additional orders for shipments to Japan and one to China were secured.
Haynesville Drilling Doubles Louisiana’s Production
Drilling in the Haynesville Shale helped Louisiana more than double its natural gas production in April from two years ago, and production in the Lower 48 states increased 10.6% (6.66 Bcf/d) to 69.05 Bcf/d during the same time period, according to the Energy Information Administration’s (EIA) monthly natural gas report.
Horn River to Support ‘High Drilling Levels’ for Years
The Horn River Basin of British Columbia (BC) holds an “ultimate potential” of marketable unconventional natural gas shale of 78 Tcf, which “ranks among the most prospective shale gas basins in North America,” according to a new government energy market assessment.
North American Shales Still Driving Acquisitions, Says Report
Driven by North America’s shales, global merger and acquisition (M&A) transactions within the exploration and production (E&P) sector climbed to $45 billion in the first three months of the year, Evaluate Energy said Tuesday.