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Late

Gas Transportation Fueling Gets Boost in Georgia, Missouri

In a program authorized by state regulators late last year, Atlanta Gas Light Co. (AGL) on Monday issued a request for proposals (RFP) for developers interested in building compressed natural gas (CNG) fueling stations for commercial fleets and passenger vehicles in Georgia. The RFP envisions a five-year push that could cost nearly $12 million.

March 6, 2012

NiSource Gathering Project Targets Liquids-Rich Utica

The midstream services unit of NiSource Gas Transmission and Storage (NGT&S) plans to develop a wet and dry gas gathering system to serve the Utica Shale in eastern Ohio.

March 1, 2012

Cash Catches Up to Weak Futures; Most Points Show Double-Digit Losses

All cash points retreated Tuesday with most sliding in double-digits as the physical market caught up with Monday’s late-session slide in futures and adjusted for continued weather moderation for much of March.

February 29, 2012

Linn to Pay BP $1.2B for Hugoton Basin Leasehold

Linn Energy LLC late Monday said it agreed to pay $1.2 billion to acquire BP plc’s natural gas rich Hugoton Basin properties in Kansas.

February 28, 2012

El Paso E&P Sold for $7.15B to Private Equity Group

Late Friday El Paso Corp. announced that it entered into a definitive agreement to sell its exploration and production (E&P) unit, EP Energy Corp., for close to $7.15 billion to affiliates of Apollo Global Management LLC and Riverstone Holdings LLC, as well as Access Industries Inc. and other parties.

February 27, 2012

El Paso E&P Sold for $7.15B to Private Equity Group

Late Friday El Paso Corp. announced that it entered into a definitive agreement to sell its exploration and production (E&P) unit, EP Energy Corp., for close to $7.15 billion to affiliates of Apollo Global Management LLC and Riverstone Holdings LLC, as well as Access Industries Inc. and other parties.

February 27, 2012

House Passes Bill to Open Offshore Areas, ANWR to Leasing

The House late Thursday passed by a wide margin an energy measure (H.R. 3408) that would allow for expanded oil and natural gas drilling in federal offshore and onshore land that has historically been closed to producers.

February 21, 2012

House OKs Bill to Open More Offshore, ANWR to Leasing

The House late Thursday passed by a wide margin an energy measure (H.R. 3408) that would allow for expanded oil and natural gas drilling in federal offshore and onshore land that has historically been closed to producers.

February 20, 2012

Calgary’s Progress Energy Curtails 10% of Gas Output

Calgary-based Progress Energy Resources Corp. said late Tuesday it is shutting in 10% of its natural gas production, which is all in Canada, until prices cooperate. The company produced an estimated 224.6 MMcf/d in 3Q2011.

February 10, 2012

Pipeline Group Urges PHMSA to Not Overregulate

The Interstate Natural Gas Association of America (INGAA), which represents the nation’s major interstate gas pipelines, late Friday submitted answers to 120 questions posed by the Pipeline Hazardous Materials and Safety Administration’s (PHMSA) proposed rulemaking on pipeline safety.

January 24, 2012
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