A Calais LNG official said the company intends to move forward with plans to build a $1 billion liquefied natural gas (LNG) import terminal and pipeline project in Calais, ME, despite FERC’s rejection of a permit application for the project.
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Calais LNG Plans Still A Go, Despite FERC Rejection
A Calais LNG official said Wednesday the company intends to move forward with plans to build a $1 billion liquefied natural gas (LNG) import terminal and pipeline project in Calais, ME, despite FERC’s rejection of a permit application for the project.
West Virginia Ethane Cracker Rumors Abound
Days after a Royal Dutch Shell plc subsidiary announced that it intends to purchase a site in Pennsylvania — presumably for its “world-scale” ethane cracker in the Marcellus Shale — media reports are fueling speculation that two other companies are interested in building crackers in West Virginia.
Aither, Brazil’s Braskem Fuel West Virginia Cracker Rumors
Days after a Royal Dutch Shell plc subsidiary announced that it intends to purchase a site in Pennsylvania — presumably for its “world-scale” ethane cracker in the Marcellus Shale — media reports are fueling speculation that two companies are interested in building their own crackers in West Virginia, with one possibly making their announcement today, Wednesday.
ExxonMobil Buying, Drilling More Liquids Acreage in North America
ExxonMobil Corp., whose North American portfolio washes across eight million net acres, is scooping up more liquids-weighted land and has begun to shift some of its natural gas development to more oily plays, the company’s top guns told financial analysts on Thursday.
Keystone XL Pipeline Project Split
TransCanada Corp. has notified the U.S. State Department that it intends to file in the “near future” a Presidential Permit application for a cross-border permit for part of the original $7 billion, 1,700-mile Keystone XL oil pipeline project running from the U.S.-Canada border in Montana to Steele City, Nebraska. The Calgary-based pipeline company said it eventually would file a supplement to the new application with an alternative route in Nebraska.
TransCanada Splits Keystone XL Pipeline Project
TransCanada Corp. on Monday notified the U.S. State Department that it intends to file in the “near future” a Presidential Permit application for a cross-border permit for part of the original $7 billion, 1,700-mile Keystone XL oil pipeline project running from the U.S.-Canada border in Montana to Steele City, Nebraska. The Calgary, Alberta-based pipeline company said it eventually would file a supplement to the new application with an alternative route in Nebraska.
TransCanada Splits Keystone XL Pipeline Project
TransCanada Corp. on Monday notified the U.S. State Department that it intends to file in the “near future” a Presidential Permit application for a cross-border permit for part of the original $7 billion, 1,700-mile Keystone XL oil pipeline project running from the U.S.-Canada border in Montana to Steele City, Nebraska. The Calgary-based pipeline company said it eventually would file a supplement to the new application with an alternative route in Nebraska.
Oxy to Reduce Gas Drilling in North America
Los Angeles-based Occidental Petroleum Corp. (Oxy) intends to stick with plans it announced last year to cut natural gas production in the Midcontinent because low prices continue to be “horrible,” CEO Stephen Chazen said Wednesday.
Monterey Shale Independent Venoco to Go Private
Denver-based Venoco Inc., an independent exploration and production (E&P) company in California’s oil-dominated Monterey Shale, said Monday CEO Tim Marquez intends to buy back all the publicly held shares of the company he founded, subject to shareholder and regulatory approvals.