Houston-based Spectra Energy Corp. said Tuesday it has secured one of the three major pipeline systems that move western Canadian crude oil to refineries in the Rockies and Midwest, agreeing to purchase the entire ownership interest in the 1,717-mile Express-Platte Pipeline System. The deal is expected to close in the first half of 2013.
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Unconventional Gas to Dominate North American Supply by 2040, ExxonMobil Says
By 2025 natural gas is expected to overtake coal as the second most used fuel worldwide and North America will have transitioned to become a net energy exporter, while by 2040 global energy demand will have increased by almost 35% from 2010 levels, according to ExxonMobil Corp.’s Outlook for Energy: A View to 2040, which wasreleased Tuesday.
December 12, 2012
Eagle Ford Capex May Surpass World’s Most Expensive Energy Project
Over the next three years capital expenditures (capex) in the Eagle Ford Shale could top the projected spending for the Kashagan project in Kazakhstan, now the world’s most expensive standalone energy project, according to an analysis by Wood Mackenzie.
December 10, 2012
Canadian Customers Urged to ‘Lock In’ Gas Prices
After a five-year slide that lopped 75% off prices received by Alberta producers, Canadians are braced to bump into a floor under the buyers’ market for natural gas.
December 3, 2012
Chesapeake Adds a ‘D’ to NGVs
As natural gas moves into various segments of the transportation sector, there is CNG, LNG and now DNG — diesel natural gas. A unit of Oklahoma-based Chesapeake Energy said Thursday it is offering a conversion kit to allow diesel-powered vehicles to run on DNG.
December 3, 2012
New Brunswick Premier Pushes for More Shale Gas Research
Asserting that a complete moratorium on shale exploration “would limit the potential” for research, the government of the Canadian province of New Brunswick said Tuesday it intends to continue to identify and act on the opportunity for greater scientific work to be done relating to shale gas exploration.
November 28, 2012
Canadian Customers Should Lock In Low Prices Before It’s Too Late
After a five-year slide that lopped 75% off prices received by Alberta producers, Canadians are braced to bump into a floor under the buyers’ market for natural gas.
November 27, 2012
WIC, Viking Investigated for Rate Over-Recovery
FERC last Thursday opened Section 5 Natural Gas Act (NGA) investigations into the rates charged by pipelines Wyoming Interstate Co. (WIC) and Viking Gas Transmission to determine if they are over-recovering their costs, resulting in unjust and unreasonable rates for their shippers.
November 19, 2012
WIC, Viking Pipelines Investigated for Over-Recovery of Rates
FERC Thursday opened Section 5 Natural Gas Act (NGA) investigations into the rates charged by pipelines Wyoming Interstate Co. (WIC) and Viking Gas Transmission to determine if they are over-recovering their costs, resulting in unjust and unreasonable rates for their shippers.
November 16, 2012
Longmont, CO Passes Ballot Measure to Ban Fracking
Longmont, CO, voters Tuesday approved a hotly contested ban on the use of hydraulic fracturing (fracking) within its jurisdiction, passing a ballot measure (Question 300) by a comfortable margin, according to reports.
November 8, 2012
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