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Japan’s Mitsui Corp. has been selected to construct a pipeline that would carry U.S. natural gas to Mexico from Tucson, AZ, Mexican President Enrique Pena Nieto announced in Japan while on a tour of Asian countries. The $460 million Tucson-Sasabe pipeline would have capacity of 770 MMcf/d and would join several other pipeline projects to move U.S. gas to Mexico (see Daily GPI, March 8). Mexico is seeking inexpensive U.S. shale gas to fuel power generation and supply industrial users. According to the U.S. Energy Information Administration, Mexico imported more U.S. gas than ever last year (see Daily GPI, March 14), and according to an analysis by Goldman Sachs, U.S. gas imports by Mexico will continue to increase (see Daily GPI, Feb. 11).

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) Friday issued no-action relief for end-users from certain reporting and record keeping requirements under the Dodd-Frank law. The requirements were to go into effect on Wednesday.

Temperatures this summer will be similar to last year, with above-normal temperatures likely from West Texas across the Great Plains into the central and southern Rockies, and across the Mid-South, according to the WeatherBug meteorologists at Earth Networks.

Temperatures this summer will be similar to last year, with above-normal temperatures likely from West Texas across the Great Plains into the central and southern Rockies, and across the Mid-South, according to the WeatherBug meteorologists at Earth Networks.

Rangeland Energy is buying land near Loving, NM, where it plans to develop a large terminal facility to handle crude oil, frack sand, pipe and other products; plans for a crude oil pipeline to the terminal also are in the works, the company said Monday.

Wyoming has hired a new oil/natural gas supervisor, Grant Black, a 30-year geology veteran who will assume his new position May 1. The state has been without a permanent supervisor at the Wyoming Oil and Gas Conservation Commission (OGCC) since long-time incumbent Tom Doll resigned last year after a run-in with Gov. Matt Mead (see Shale Daily, June 18, 2012). Department veteran Bob King has filled in on an interim basis. Once the oil/gas supervisor in Arkansas (1999-2004), Black holds geology degrees from the University of Oklahoma and Oklahoma State University.

Promising economic multipliers from Louisiana’s tight bond with natural gas, defense and space giant Lockheed Martin said last Tuesday it plans to transfer its nearly four decades of experience building space shuttle tanks to the expanding use of liquefied natural gas (LNG) for storage and transportation.

Promising economic multipliers from Louisiana’s tight bond with natural gas, defense and space giant Lockheed Martin said Tuesday it plans to transfer its nearly four decades of building space shuttle tanks to the expanding use of liquefied natural gas (LNG) for storage and transportation.

Canadian Pan Ocean Ltd., funded by Asian investors, has put together an operating company in the liquids-rich Duvernay Shale in southwestern Alberta, executing a binding term sheet for a farm-out agreement with Canadian producer Mako Hydrocarbons Ltd. for the producer’s 50% working interest in its Alberta Joint Venture (AJV).