Global efforts for the first time are under way to influence a shift toward low-carbon energy sources and to renewables, but the transition would create new challenges unlike any other in history, according to a report issued Tuesday at IHS CERAWeek 2013 in Houston.
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BLM Issues First-Ever Rapid Ecoregional Assessment of Western Lands
The Interior Department’s Bureau of Land Management (BLM) Tuesday released its first-ever rapid ecoregional assessment (REA), which takes a broad look at the ecology of the Colorado Plateau.
‘NatGas Highway’ Taking Shape, Fueling Firm Reports
With the first 70 fueling stations in place for natural gas vehicles (NGV), the national network for a “natural gas highway” is set to surpass last year’s growth in 2013, according to Seal Beach, CA-based Clean Energy Fuels Corp., which said Tuesday that its core business of building fueling facilities shot up 87% last year from 2011.
Utica Operators Would Face Many Changes Under Ohio Budget Bill
Operators of horizontal oil and natural gas wells in Ohio face a bevy of regulatory changes — including quarterly production reports, a $25,000 per well impact fee, and new testing and disposal requirements for drilling waste — under Gov. John Kasich’s biennial budget proposal.
Linn Energy Acquiring Berry Petroleum in $4.3B Deal
Linn Energy LLC and LinnCo LLC are acquiring Berry Petroleum Co. for $4.3 billion, including debt, in a transaction said to be the first-ever acquisition of a C-corporation by an upstream limited liability company (LLC) or master limited partnership (MLP).
Obama Puts Spotlight on Natural Gas
Acknowledging that the boom in natural gas has led to cleaner-burning power and greater energy independence in the United States, President Obama Tuesday in his first State of the Union Address of his second term vowed to cut red tape to speed up the permitting process for new oil and gas permits on public lands.
Obama Vows to Speed Up New Oil, Gas Permitting
Acknowledging that the boom in natural gas has led to cleaner-burning power and greater energy independence in the United States, President Obama Tuesday in his first State of the Union Address of his second term vowed to cut red tape to speed up the permitting process for new oil and gas permits on public lands.
NuStar Crude Throughput Up on ‘Luck’ and Eagle Ford
Infrastructure projects, acquisitions and contracting activity — particularly in the Eagle Ford Shale of South Texas — served to lift crude oil pipeline throughputs for NuStar GP Holdings LLC last year. Some of NuStar’s South Texas pipeline assets had been underutilized.
Colorado Oil Production at 50-Year High in 2012
Colorado’s oil production last year passed the 40 million bbl mark for the first time in 50 years, while natural gas and coalbed methane (CBM) production were down in the face of stubbornly low prices, according to preliminary data from the Colorado Oil and Gas Conservation Commission (COGCC).
Industry Brief
California’s natural gas power generation bill may be higher than normal in the first months of 2013 as the 2,200 MW San Onofre Nuclear Generating Station was shuttered. Nuclear Regulatory Commission (NRC) Chair Allison Macfarland this week was at the plant for an update but hasn’t indicated when at least one of the two units would restart. Majority owner/operator Southern California Edison Co. has asked the NRC to allow at least Unit 2 to come back to 70% of capacity.