The U.S. Commerce Department has granted Valero Energy Corp. a one-year authorization to ship crude oil from the U.S. Gulf Coast to a company-owned refinery in Quebec, Canada.
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LNG Exports Depend Upon Shale Gas Staying Power, Study Finds
Exporting liquefied domestic natural gas to world markets would generate a net benefit to the U.S. economy, and the more liquefied natural gas (LNG) that’s exported, the greater the benefit, according to a macroeconomic analysis of the impact of LNG exports commissioned by the U.S. Department of Energy (DOE) and released for public comment Wednesday.
U.S. LNG Exports Study Sees Net Benefits
Exporting liquefied domestic natural gas to world markets would generate a net benefit to the U.S. economy, and the more liquefied natural gas (LNG) that’s exported, the greater the benefit, according to a macroeconomic analysis of the impact of LNG exports commissioned by the U.S. Department of Energy (DOE) and released for public comment Wednesday.
LNG Exports: the More the Better, Says DOE Consultant
Exporting liquefied domestic natural gas to world markets would generate a net benefit to the U.S. economy, and the more liquefied natural gas (LNG) that’s exported, the greater the benefit, according to a macroeconomic analysis of the impact of LNG exports commissioned by the U.S. Department of Energy (DOE) and released for public comment Wednesday.
Range COO Predicts LNG Exports
A Range Resources Corp. executive said last week he believes the federal government will eventually allow liquefied natural gas (LNG) to be exported but cautioned that the industry shouldn’t be complacent and assume it will be so.
Poland Readies Draft Shale Gas Regulations
The government of Poland plans to issue draft rules covering shale gas extraction within a week, the next step to help the country take advantage of what may be vast quantities of natural gas, authorities said Tuesday.
Some Range Marcellus Liquids Bound for Europe
Marcellus Shale ethane is a long way from the Mont Belvieu, TX, market center, making it the most likely supply to be rejected in times of surplus. But Marcellus producer Range Resources Corp. has an alternative — and a contract — to deliver some of its ethane to Philadelphia for sale to a European petrochemical producer.
Williams Expanding Alberta Off-Gas Facilities
Williams plans to invest C$311 million to expand two Alberta facilities to support a long-term agreement with NOVA Chemicals Corp. to produce up to 17,000 b/d of ethane and ethylene.
Marcellus Development a Boon for West Virginia, Says Study
Natural gas drilling in West Virginia’s Marcellus Shale already has enriched the state through new jobs and more revenue and is on track to create up to 20,000 jobs by 2015, according to a study by West Virginia University’s Bureau of Business and Economic Research (BBER).
LNG Regasified in Canada Heads for U.S. Northeast by 2009
Up to 99% of tanker deliveries to Canada’s first liquefied natural gas (LNG) import terminal on the Atlantic Coast will be re-exported to the United States, sending up to a Bcf/d into New England, New York and New Jersey, possibly by late this year, according to new filings with Canada’s National Energy Board (NEB).