Tightly held Targa Resources Inc. plans to spin off its North Texas midstream assets, which include 3,950 miles of integrated natural gas gathering pipelines, two natural gas processing plants and a fractionator in the Fort Worth area, through an initial public offering (IPO) of 16.8 million common units.
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Bluewater Gets FERC Nod on Michigan Storage
Bluewater Gas Storage received a certificate from FERC to begin operating its existing Michigan storage operations, which include the recently developed 26.2 Bcf Bluewater storage field and the 3.05 Bcf Kimball 27 storage field in St. Clair County, under market-based rates.
Bluewater Gets FERC Nod on Michigan Storage
Bluewater Gas Storage received a certificate from FERC on Friday to begin operating its existing Michigan storage operations, which include the recently developed 26.2 Bcf Bluewater storage field and the 3.05 Bcf Kimball 27 storage field in St. Clair County, under market-based rates.
November Could Bring Clarity on Some AK Gas Issues
Outgoing Alaska Gov. Frank Murkowski’s legacy will not include final plans for a natural gas pipeline, and his potential successors would like it if he would just step aside to let the next governor take up the charge.
EnCana Selling Mackenzie Delta/Beaufort Sea Assets; Morgan Retires
EnCana Corp. said Wednesday it’s looking for a buyer for its natural gas assets in northern Canada, which include properties in the Mackenzie Delta/Beaufort Sea region. The Calgary-based producer hopes to complete the sale by the end of the year.
Next Month Could See Resolution of Some AK Gas Issues
Outgoing Alaska Gov. Frank Murkowski’s legacy will not include final plans for a natural gas pipeline, and his potential successors would like it if he would just step aside to let the next governor take up the charge.
FERC Opens Blanket Certificate Program to More Gas Facilities
FERC last Thursday issued a final rule that expands the scope of the agency’s blanket certificate program to include the construction of certain interstate natural gas pipeline mainlines, storage field facilities and takeaway facilities for liquefied natural gas (LNG) import terminals.
FERC Opens Blanket Certificate Program to More Gas Facilities
FERC on Thursday issued a final rule that expands the scope of the agency’s blanket certificate program to include the construction of certain interstate natural gas pipeline mainlines, storage field facilities and takeaway facilities for liquefied natural gas (LNG) import terminals.
NAM: Higher Energy Costs Put U.S. at Disadvantage
Nonwage costs for U.S. manufacturers, which include the costs of energy to do business, have increased from 22.4% to 31.7% in the past three years, the National Association of Manufacturers (NAM) reported last week. Between 2002 and 2004, it said domestic natural gas costs alone rose 59% to $39.3 billion.
NAM Says Higher Energy Costs Put U.S. at Disadvantage
Nonwage costs for U.S. manufacturers, which include the costs of energy to do business, increased from 22.4% to 31.7% since 2003, the National Association of Manufacturers (NAM) reported in a new study. Between 2002 and 2004, it said domestic natural gas costs alone rose 59% to $39.3 billion.