Calling it dangerous and potentially harmful to its ability to finance natural gas pipeline safety upgrades, Pacific Gas and Electric Co. (PG&E) last week filed a formal reply to California regulators, strongly rejecting a safety staff recommendation of a $2.25 billion for the utility’s part in the Sept. 9, 2010 pipeline rupture and explosion in San Bruno, CA.
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Kinder Morgan Shelves Permian-California Crude Pipeline
Following an unsuccessful open season, Kinder Morgan Energy Partners LP (KMP) has shelved plans for the Freedom Pipeline, which would have carried Permian Basin crude oil from Texas to California refineries.
Eagle Ford Oil Production Poised to Be a Bakken Beater
As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.
Safety Top Concern for Every E&P, Says Former Shell Chief
Safety remains the top concern for any energy company’s success, the former chief of Royal Dutch Shell plc told a Houston audience last week.
PG&E Fires Back at Proposed $2.25B Pipeline Fine
Calling it dangerous and potentially harmful to its ability to finance future natural gas pipeline safety upgrades, Pacific Gas and Electric Co. (PG&E) last Friday filed a formal reply to state regulators, strongly rejecting a safety staff recommendation of a $2.25 billion for PG&E’s part in the Sept. 9, 2010 pipeline rupture and explosion in San Bruno, CA.
Consol-Noble JV to Build Marcellus Dry Gas Pipeline
With natural gas prices increasing, a joint venture (JV) in the Marcellus Shale has announced plans to build a dry gas pipeline across two neighboring counties in north-central West Virginia.
NERC Concerned on Reliability of Gas-Dependent Power System
The North American Electric Reliability Corporation (NERC) last Wednesday released an assessment in which it raised serious concerns about the ability of an increasingly natural gas-dependent bulk power system to maintain reliability when the capacity to deliver gas supplies to generators is constrained.
Senate Confirms Moniz as DOE Chief
The Senate unanimously confirmed Ernest J. Moniz as the next secretary of the Department of Energy (DOE) last Thursday, succeeding Steven Chu, who oversaw the department during President Obama’s first term.
Ohio Utica Data Not ‘Spectacular’
The Ohio Department of Natural Resources (ODNR) last week said 87 wells in the Utica Shale collectively produced 12.84 Bcf of natural gas and more than 635,000 bbl of oil in 2012.
BC Election Said Victory for LNG, Shale
Political enthusiasm for liquefied natural gas (LNG) exports reigns supreme in British Columbia (BC) as a result of the provincial election held last Tuesday.