Tag / Good

Subscribe

Good

Williams Exec: ‘Crackers or Bust’ as Ethane Production Booms

While the debate rages over whether exporting liquefied U.S. natural gas is a good idea, stocks of natural gas liquids (NGL) are so abundant, export of some is viewed as a necessity. And in the United States, more chemical sector demand can’t come fast enough.

March 25, 2013

Ziff: Associated Gas Supplies Rising on Robust Oil Prices

After hitting a low point five years ago, associated gas is projected to grow to more than 12 Bcf/d, or about 15% of the North American natural gas supplies in 2020, according to a report released Tuesday by Canadian-based Ziff Energy.

January 10, 2013

Competition for Drilling Water Leading to Innovations

As drillers compete for access to water for their operations, researchers are looking for new ways to reuse and recycle wastewater for the good of the environment, as well as looking ahead to the possibility of more restrictions at the state or federal level that may be imposed on underground injection wells, according to Accenture.

January 2, 2013

NuStar Energy Unloads San Antonio Refinery, Terminal

Making good on its plan to continue a “strategic redirection” of its business, NuStar Energy LP on Monday said it has agreed sell its San Antonio refinery and related assets, including a terminal in Elmendorf, TX, and a pipeline connecting the terminal and refinery, to Calumet Specialty Products Partners, LP for $100 million, plus closing date inventory estimated to be $15 million.

December 18, 2012

Dow Seeks Permit for Its Largest-Ever Ethylene Plant

Dow Chemical Co. late Monday made good on some of the “opportunities” that have come its way with the U.S. natural gas revolution by applying for a federal air emissions permit to build a $1.7 billion ethylene facility in Freeport, TX, which would be the chemical manufacturer’s biggest in the world.

December 12, 2012
Halliburton to Idle Rigs, Crews Before Chasing Business

Halliburton to Idle Rigs, Crews Before Chasing Business

Halliburton Co. CEO Dave Lesar made clear Wednesday that the slowdown in the U.S. and Canadian drilling market is only “transitory,” and the company will sit it out before cutting prices to capture new business.

October 18, 2012

Natural Gas Storage Capacity Up 3% in 2011

With dry gas supplies ballooning, it’s probably a good thing that the industry grew demonstrated peak working capacity in underground storage caverns last year, according to the Energy Information Administration (EIA). From April 2011 to April 2012, Lower 48 state capacity increased 3%, or 136 Bcf, to 4,239 Bcf, according to a new EIA report.

September 17, 2012

EIA: Gas Storage Capacity Grew 3% Last Year with More to Come

With dry gas supplies ballooning, it’s probably a good thing that the industry grew demonstrated peak working capacity in underground storage caverns last year, according to the Energy Information Administration (EIA). From April 2011 to April 2012, Lower 48 state capacity increased 3%, or 136 Bcf, to 4,239 Bcf, according to a new EIA report.

September 13, 2012

Obama Talks Up Gas Development During Campaign Swing in Ohio

In a campaign speech in Cincinnati, OH, President Obama expressed full support for the development of natural gas and acknowledged that “a lot of folks” in the industry are engaging in hydraulic fracturing (fracking) in a safe manner. He dismissed claims that his administration — namely the Interior Department and Environmental Protection Agency — is blocking oil and natural gas development.

July 18, 2012

More Reading Material for Fracking Water Worriers

Chemicals used in hydraulic fracturing (fracking) have attracted the most attention from people wary of the well stimulation practice, but water consumption is another worry of fracking skeptics, as evidenced by to two recent reports.

June 26, 2012