Fault

Natural gas prices are going to stay low “for quite a while,” and producers are just going to have to deal with it; after all, it’s their fault, Southwestern Energy CEO Steven Mueller told a Houston audience Wednesday.

A Railroad Commission of Texas (RRC) investigation has found a unit of Enterprise Products Partners LP as well as C&H Power Line Construction of Oklahoma to be at fault for a June 7 pipeline explosion and fire in the Barnett Shale of North Texas that killed one worker and injured eight.

A Railroad Commission of Texas (RRC) investigation has found a unit of Enterprise Products Partners LP as well as C&H Power Line Construction of Oklahoma to be at fault for a June 7 pipeline explosion and fire in the Barnett Shale of North Texas that killed one worker and injured eight.

A FERC rule that would require only interstate pipeline storage operators to electronically post their daily storage inventory levels is “unlikely” to make the gas market more transparent, said a major pipeline group.

A FERC rule that would require only interstate pipeline storage operators to electronically post their daily storage inventory levels is “unlikely” to make the gas market more transparent, said a major pipeline group.

Duke Energy on Wednesday reported a loss of more than 10% in net income for the second quarter due to the poor performance of its merchant energy business in a warmer-than-usual summer. American Electric Power (AEP) saw a sharp rise in reported net earnings for the period, but income from ongoing operations fell by nearly 4% for the second quarter.

Plant management and personnel were at fault in failing to discover, until it was almost too late, a leak and significant corrosion in a reactor vessel head at the Davis-Besse nuclear power plant, at Oak Harbor, OH, according to a report submitted to the Nuclear Regulatory Commission (NRC) by plant owner FirstEnergy Nuclear Operating Co. (FENOC) last Thursday.

Two Trinidad-based liquefied natural gas (LNG) exporters are protesting a rate hike request by Southern LNG for terminaling at its Elba Island import station, saying the request would result in 260% cumulative increases since the project was first proposed. They warned that because of “inefficient high-cost bottlenecks in the gas chain, the United States’ gas market will become less attractive as a destination for LNG supplies.”

Two Trinidad-based LNG exporters are protesting a rate hike request by Southern LNG for terminaling at its Elba Island import station, saying the request would result in 260% cumulative increases since the project was first proposed. They warned that because of “inefficient high-cost bottlenecks in the gas chain, the United States’ gas market will become less attractive as a destination for LNG supplies.”