Houston-based Gastar Exploration Ltd. on Wednesday inked a joint venture (JV) agreement with South Korean investment firm Atinum Partners Co. to develop Marcellus Shale acreage in West Virginia and Pennsylvania.
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MMS Splits into Three Bureaus Under Interior Plan
Interior Secretary Ken Salazar last Wednesday inked a secretarial order that will lead to splitting the beleaguered Minerals Management Service (MMS) into three separate entities — not into two as originally expected — to avoid future conflicts of interest between the agency and oil and natural gas producers (see NGI, May 17).
Industry Brief
California-based Clean Energy Fuels Corp. has inked a 10-year contract with Bergstrom International Airport in Austin, TX, to build, operate and maintain a compressed natural gas (CNG) fueling station, including an adjacent public portion of the facility. Clean fuel airport shuttles, taxicabs and private fleet vehicles are slated to use the facility. Clean Energy said the facility will support growing fleets of shuttle vehicles, taxicabs and private CNG-fueled fleet vehicles in the area. Construction of the CNG facility on a site adjacent to the airport is to begin in February.
CNYOG Inks Deal to Buy Tennessee Lateral, Storage Facilities
Inergy, L.P.on Wednesday announced that its regulated subsidiary, Central New York Oil and Gas Company, LLC (CNYOG), inked a deal to purchase from Tennessee Gas Pipeline a 24-mile lateral pipeline connecting Inergy’s Stagecoach natural gas storage facility to Tennessee’s Line 300.
Qatar, Shell Ink Major LNG, Petrochemicals Deals; Total Grabs Share of Qatargas II
Qatar Petroleum inked several blockbuster liquefied natural gas (LNG) transactions last week involving development of its North Field, which eventually could become the world’s largest LNG supplier.
Qatar, Shell Ink Major LNG, Petrochemicals Deals; Total Grabs Share of Qatargas II
Qatar Petroleum inked two blockbuster liquefied natural gas (LNG) transactions Sunday and Monday, both involving development of its North Field, which eventually could become the world’s largest LNG supplier. On Sunday, the company signed a $6 billion deal with Royal Dutch/Shell Group for development of another LNG train, and on Monday France’s Total bought a 16.7% stake in the Qatargas II LNG train from partners Qatar Petroleum and ExxonMobil for about $3.5 billion.
Sempra, BP Ink Deal for Indonesian LNG to Supply Planned Mexican Terminal
Sempra Energy LNG inked a letter of intent with BPMigas, Indonesia’s executive agency for oil and gas, and BP Indonesia Thursday to purchase liquefied natural gas (LNG) supplies from Indonesia to be delivered to its planned terminal in North Baja California, Mexico. Top government energy officials from Mexico, Indonesia and the U.S. endorsed the agreement which was signed near the end of the two-day LNG Ministerial Summit in Washington, DC, last week.
Sempra, BP Ink Deal for Indonesian LNG to Supply Planned Mexican Terminal
Sempra Energy LNG inked a letter of intent with BPMigas, Indonesia’s executive agency for oil and gas, and BP Indonesia Thursday to purchase liquefied natural gas (LNG) supplies from Indonesia to be delivered to its planned terminal in North Baja California, Mexico. The top government energy officials of Mexico, Indonesia and the U.S. blessed the agreement which was signed near the end of the three day LNG Ministerial Summit in Washington DC.
Sempra Energy Inks MOU for Bolivian LNG
Sempra Energy and Pacific LNG, a consortium of Repsol YPF, BG Bolivia Corp. and Pan American Energy LLC, last week inked a memorandum of understanding to enter into exclusive negotiations for a baseload supply of liquefied natural gas (LNG) from Bolivia to meet growing markets in northwestern Mexico and Southern California.
Sempra Energy Inks MOU for Bolivian LNG
Sempra Energy and Pacific LNG, a consortium of Repsol YPF, BG Bolivia Corp. and Pan American Energy LLC, have inked a memorandum of understanding to enter into exclusive negotiations for a baseload supply of liquefied natural gas (LNG) from Bolivia to meet growing markets in northwestern Mexico and Southern California.