The chief issue facing the electric industry as it seeks to coordinate with interstate natural gas pipelines is how far is it willing to go to ensure the reliability of the power grid, interstate pipeline officials said Friday.
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Chesapeake Strips McClendon of Chairmanship
Chesapeake Energy Corp., which is facing scrutiny from the U.S. Securities and Exchange Commission (SEC) and the Internal Revenue Service (IRS), on Tuesday stripped company co-founder Aubrey K. McClendon of his role as chairman of the board of directors and terminated the Founder Well Participation Program (FWPP).
FERC Commissioner Questions How Long U.S. Will Maintain Edge in Shale
While she joined the majority at FERC last week in voting out a certificate to build facilities to liquefy and export natural gas, Commissioner Cheryl LaFleur on Monday cautioned industry about rushing to invest in liquefied natural gas (LNG) export facilities, questioning how long the U.S. will maintain its technology advantage in the development of the shale gas that is driving the trend towards exports.
PG&E Seeks to Separate Past, Future Pipe Programs
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.
ConocoPhillips Facing Liquids Takeaway Issues in Eagle Ford
ConocoPhillips is facing some takeaway issues for its liquids in the Eagle Ford Shale in South Texas, but that’s only a minor blip on the screen and has done nothing to reduce the company’s enthusiasm for unconventional plays, executives said Wednesday.
Berlin Eyes Energy ‘Revolution’ in Transportation
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.
Oilfield Services Facing Pullback, But Not Like 2008
With oil prices falling and natural gas prices still persistently low, oilfield services companies are facing a potential downturn in the months ahead, but it won’t be like the pullback in late 2008 and early 2009, according to energy analysts.
Kodiak Shares Plummet Briefly Over Possible Liquidity Fears
Shares of Kodiak Oil & Gas Corp. took a nosedive on Tuesday, allegedly over concerns that the Denver-based independent energy company may be facing liquidity concerns.
Pennsylvania Must Relieve Uncertainty, Klaber Says
Pennsylvania policymakers should “watch the rigs” as they make decisions, Marcellus Shale Coalition (MSC) President Kathryn Klaber told a Pittsburgh audience Thursday.
Oilfield Services Facing Pullback, But Not Like 2008
With oil prices falling and natural gas prices still persistently low, oilfield services companies are facing a potential downturn in the months ahead, but it won’t be like the pullback in late 2008 and early 2009, according to energy analysts.