Royal Dutch Shell plc and others in related industries are continuing their push for using natural gas as a transportation fuel. Several states also are adding incentives.
Articles from Industries
LyondellBasell Industries, a worldwide chemical company based in the Netherlands, said it hopes to join other manufacturers in taking advantage of the abundance of natural gas and natural gas liquids (NGL) produced from shale formations as it begins construction this month on the first of several projects to expand ethylene capacity in the United States by about 20%.
ConocoPhillips CEO Ryan Lance on Tuesday called on his colleagues to make the case for “smart” regulations and government collaboration to ensure the shale revolution is not suppressed by uninformed critics.
Fleet operators continue to look for cleaner and less expensive fueling alternatives to gasoline, while some small industries are studying the options of using liquefied natural gas (LNG) or propane, depending on the specific application.
Fleet operators continue to look for “cleaner” and less expensive fueling alternatives to gasoline, while other small industries are studying the options of using liquefied natural gas (LNG) or propane, depending on the specific application, which has moved natural gas into the spotlight nationwide.
As part of its ongoing effort to address coordination in the natural gas and power industries, Federal Energy Regulatory Commission (FERC) staff said it will hold a technical conference on Feb. 13 at the agency’s headquarters in Washington, DC, to focus on information-sharing and communications issues between natural gas and electric power industry companies. The technical conference is the first of two conferences that FERC directed staff in mid-November (see Daily GPI, Nov. 19) to convene to address common issues that were raised in nearly every region in August (see Daily GPI, Aug. 31; Aug. 29; Aug. 21; Aug. 24). In advance of the conference, parties are asked to file comments on specific questions related to information-sharing and communications (www.ferc.gov/EventCalendar/Files/20121207134434-AD12-12-000TC1.pdf). The conference is scheduled to begin at 9 a.m. and end at 4 p.m. EST.
CF Industries Holdings Inc., an agricultural fertilizer manufacturer and distributor, reported record third quarter earnings on Tuesday and said low natural gas costs were part of a favorable outlook for 2013.
As a hedge against higher natural gas prices, a subsidiary of LSB Industries Inc., an Oklahoma-based chemical and equipment manufacturer, has bought an interest in a package of wells and potential drilling locations in Pennsylvania’s Marcellus Shale.
South Jersey Energy has bought the retail marketing book of Pennsylvania customers from CenterPoint Energy Services, acquiring “a strong book of business that fits well with its northeast footprint,” South Jersey said. The more than 1,000 commercial and industrial customers acquired are primarily retail natural gas sales within the utility service areas of UGI, Columbia Gas of Pennsylvania, PECO Energy and Equitable.”This sale was made possible by significant changes in Pennsylvania’s competitive landscape,” South Jersey said. “Natural gas production in the Marcellus Shale has expanded dramatically, and the state’s electricity market is fully deregulated. This market supports [parent company South Jersey’s Industries’] existing wholesale gas sales efforts in the Marcellus Shale.”
New England must acknowledge the significant role that the natural gas transmission system plays in its electricity system, and the gas and electric industries “must make adjustments to ensure the reliability of both systems and the efficiency of both markets,” according to a draft white paper recently completed by independent grid operator ISO New England (ISO-NE).