Sempra Energy plans to ride the growing U.S. bandwagon for exporting plentiful domestic supplies of liquefied natural gas (LNG) through a $7 billion joint venture (JV) and midstream master limited partnership (MLP) centered on its under-used Cameron LNG receiving facility in Louisiana, said CEO Debra Reed, who spoke to analysts Thursday in San Diego.
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Articles from Joint
Junior Explorer Terra Energy Looks to Asia, Considers Montney Sale
Terra Energy Corp. said it is targeting international companies — particularly Asian firms — for a possible joint venture (JV) — and it is considering the sale of its natural gas-rich Montney Shale portfolio in British Columbia (BC) as it shifts toward more oil and natural gas liquids (NGL) production.
March 30, 2012
Well Completion Air Emissions Eyed in Colorado
A joint health assessment in a Colorado oil and natural gas field has concluded that air pollution-spurred health concerns have to be added to the environmental precautions surrounding well development and, more specifically, hydraulic fracturing (fracking).
March 23, 2012
Shale Is a Long Game for Chevron
It’s early days in Chevron Corp.’s shale natural gas and oil program, but it is “an area of significant long-term growth” with opportunities in the United States, Canada, Argentina, China and Europe — in liquids and dry gas — an executive said during the company’s analyst day Tuesday.
March 14, 2012
MarkWest: Appalachian Ethane Solved for Near Term
As Royal Dutch Shell plc gets closer to announcing a “world class” ethane cracker for the Appalachian Basin, the leading processor of ethane in the region is standing behind its three projects for Marcellus and Utica shales.
March 2, 2012
Multi-Commodity Rail Line Planned for Permian Basin
Kinder Morgan Energy Partners LP (KMP) and Martin Midstream Partners LP have formed joint venture (JV) Pecos Valley Producer Services LLC to develop a multi-commodity rail terminal in Pecos, TX, to serve oil and gas producers in the Permian Basin of West Texas.
February 28, 2012
Williams Partners, Cabot to Build Marcellus Interstate Gas System
As part of its strategy to create a major natural gas supply hub in northeastern Pennsylvania, Williams Partners has formed an interstate pipeline joint venture with Cabot Oil & Gas Corp., one of the top producers in the Marcellus Shale.
February 22, 2012
Chesapeake May Recoup $10-12B from Sales, JVs
Chesapeake Energy Corp. last week said it is considering the outright sale of its Permian Basin portfolio, as well as other sales and joint venture (JV) partnerships, which together could reap $10-12 billion.
February 20, 2012
Consol Trims Gas Drilling, Spending Plans
Joint ventures (JV) in its domestic natural gas division helped Consol Energy Inc. to achieve record fourth quarter profits, but it said Thursday sustained low gas prices will require scaling back spending and drilling plans in 2012.
January 27, 2012
Oklahoma Midstream Assets Change Hands; Expansion Planned
Tulsa-based midstream company Caballo Energy LLC is targeting the Mississippi Lime of Oklahoma and Kansas, and the Cana Woodford Shale with its acquisition of Eagle Chief Midstream LLC, which owns a gas gathering and processing system in northwestern Oklahoma.
January 20, 2012
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