Launch

With a combined $1.25 billion in commitments, the Canada Pension Plan Investment Board (CPPIB) and Houston’s Encino Energy LLC on Wednesday launched an exploration company to hunt for oil and natural gas assets in the U.S. onshore.

Houston’s Spectra Energy has completed more than 70% of the New Jersey-New York natural gas pipeline expansion project, and services will launch later this year to carry critically needed supplies into one of the biggest service markets in the United States, CEO Greg Ebel told investors earlier this month.

Houston’s Spectra Energy has completed more than 70% of the New Jersey-New York natural gas pipeline expansion project, and services will launch later this year to carry critically needed supplies into one of the biggest service markets in the United States, CEO Greg Ebel told investors on Friday.

BP plc Group CEO Bob Dudley on Thursday said 2013 will be a “year of execution,” to build financial reserves, followed by a “year of delivery” as it prepares to launch a portfolio of 45 major upstream projects to 2020.

Three weeks after the launch of the Center for Sustainable Shale Development (CSSD) and its proposed certification process, many oil and natural gas producers are in the dark about the initiative and taking a “wait and see” approach to participating. Meanwhile, the organization is predicting that its membership will grow, but at an organic pace.

Three weeks after the launch of the Center for Sustainable Shale Development (CSSD) and its proposed certification process, many oil and natural gas producers are in the dark about the initiative and taking a “wait and see” approach to participating.

The biggest Canadian liquefied natural gas (LNG) export license yet has been granted for shipments to Asian markets, but no date is set to build any terminals or launch tankers.

The biggest Canadian export license yet has been granted for proposed liquefied natural gas (LNG) shipments to Asia, but no date is set to build any terminals or launch tankers.

St. Louis-based Laclede Group said Thursday it has joined with a unit of Siemens Industry Inc. to launch a fueling system for compressed natural gas (CNG) vehicles called Spire that will be introduced later this year at a commercial/public fueling facility at Lambert-St. Louis International Airport.