The plunge in oil prices in recent months hasn’t begun to pressure North American chemical producers to shift their feedstocks from natural gas liquids (NGL) products, according to midstream and chemical company executives.
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Liquids Feedstock Fundamentals Still ‘Sound,’ Says NOVA CEO
The recent drop in oil prices hasn’t begun to pressure North American chemical producers to shift their feedstocks from natural gas liquids (NGL) products, the head of Canada’s NOVA Chemicals said Thursday.
California Fracking Legislation Gets Senate Hearing
Rediscovered as an oil/gas industry practice that hasn’t been high on California’s radar, hydraulic fracturing (fracking) is taking on a higher profile among state and local elected officials as the state’s legislature considers a new law (AB 591) that would require operators to disclose chemicals they use in the fracking process.
El Paso Putting Oil Ahead of Gas — in Eagle Ford Shale
Enthusiasm for uncovering oil deposits in the Eagle Ford Shale of South Texas hasn’t waned at El Paso Corp. In fact, the company likely will move more rigs into its leasehold as the year progresses, CEO Doug Foshee said Thursday.
Fiat Chief Talks Up NGVs for USA
Although its corporate headquarters hasn’t made an official announcement, the CEO of Fiat SpA and the Chrysler Group LLC in recent months has talked up natural gas vehicles (NGV) as his choice for the kind of clean-fuel vehicles his company eventually plans to introduce in North America.
Fiat Chief Talks Up NGVs for USA
Although its corporate headquarters hasn’t made an official announcement, in recent months the CEO of Fiat SpA and the Chrysler Group LLC has talked up natural gas vehicles (NGV) as his choice for the kind of clean-fuel vehicles his company eventually plans to introduce in North America.
Williams: Sluggish Gas Prices Won’t Slow Marcellus Producers
Activity in the Marcellus Shale hasn’t declined even in the face of weak natural gas prices, a Williams Cos. executive said Thursday.
Weak Gas Prices Fail to Slow Marcellus Producers, Says Williams
Activity in the Marcellus Shale hasn’t declined even in the face of weak natural gas prices, a Williams Cos. executive said Thursday.
Shift to Oily Shale Plays Bolsters E&P Operations, Says Moody’s
The ongoing oversupply of natural gas hasn’t deterred most independent exploration and production (E&P) companies from maintaining a robust drilling pace in the shale plays because of the shift by many to crude and natural gas liquids (NGL) for margin relief, Moody’s Investors Service said in a report.
Marcellus Output May Be 1 Bcf/d Already
It hasn’t taken long for the domestic natural gas market to be turned on its head, an Ultra Petroleum Corp. executive said last week.