FERC Wednesday gave El Paso Corp.’s Ruby Pipeline the go-ahead to begin service on the 680-mile, 42-inch diameter line that will deliver Rockies natural gas to West Coast markets.
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Federal Judge Orders Interior to Decide Wyoming, Utah Leases
A federal judge in Wyoming Thursday ordered the U.S. Interior Department to decide on 47 long-pending oil/gas leases. U.S. District Judge Nancy Freudenthal gave the federal agency 30 days to act.
Federal Judge to Interior: Decide Wyoming, Utah Leases
A federal judge in Wyoming last Thursday ordered the U.S. Interior Department to decide on 47 long-pending oil/gas leases. U.S. District Judge Nancy Freudenthal gave the federal agency 30 days to act.
FGT’s Remaining Phase VIII Expansion Cleared for Service
The Federal Energy Regulatory Commission Thursday gave Florida Gas Transmission (FGT) the green light to place into service the remaining facilities associated with the $2.45 billion Phase VIII Expansion to serve gas-fired power generators and utilities in Florida.
CNOOC Buys into Chesapeake’s DJ, Powder River Basins
Chesapeake Energy Corp. shareholders last week gave a thumb’s up to CEO Aubrey McClendon’s latest joint shale exploration agreement with CNOOC Ltd. (China National Offshore Oil Corp.), and the Chinese producer, like other foreign investors, appears to have found a successful way to invest in U.S. energy with a minimum of federal oversight.
Chesapeake’s Second CNOOC Deal Called a Win for Companies, Countries
Chesapeake Energy Corp. shareholders gave a thumb’s up to CEO Aubrey McClendon’s latest joint shale exploration agreement with CNOOC Ltd. (China National Offshore Oil Corp.), and the Chinese producer, like other foreign investors, appears to have found a way to invest in U.S. energy with a minimum of federal oversight.
Marathon’s Profitable Exploration Unit to Stand Alone
Marathon Oil Corp.’s board of directors on Thursday gave the greenlight to two-year-old plans to separate upstream and downstream operations and form two independent energy companies.
Chevron Commits to Another Deepwater Project
Chevron Corp. on Thursday gave a thumbs-up to develop the $4 billion Big Foot project in the deepwater Gulf of Mexico (GOM), two months after the company sanctioned the long-awaited Jack/St. Malo project.
Chevron Sanctions Another Deepwater Project
Chevron Corp. on Thursday gave a thumbs-up to develop the $4 billion Big Foot project in the deepwater Gulf of Mexico (GOM), which comes two months after the company sanctioned the long-awaited Jack/St. Malo project.
Price Advance Largely Stalls Except in Northeast
The attack of very cold weather that gave a strong price-boosting start to the cash market as the week began lost quite a bit of its bullish influence Tuesday. Even the previous day’s prompt-month futures gain of 13.9 cents and the lingering effect of widespread freezing lows were unable to keep cash numbers from mixed movement and staying close to either side of flat.