South Africa’s Sasol Ltd. on Monday made a long-term bet on the viability of U.S. natural gas in announcing plans to construct a $16-21 billion natural gas-to-liquids (GTL) plant in Westlake, LA — the second largest commercial plant of its kind in the world.
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Deep Panuke Start-Up Jinxed Again
Encana Corp.’s long-delayed Deep Panuke natural gas field off the coast of Nova Scotia won’t begin producing before next year, company officials have confirmed. The company, which has pushed back the start-up several times, had planned gas production to begin this winter.
Encana’s Deep Panuke Gas Field Start-Up Postponed Again
Encana Corp.’s long-delayed Deep Panuke natural gas field off the coast of Nova Scotia won’t begin producing before next year, company officials have confirmed. The company, which has pushed back the start-up several times, had planned gas production would begin this winter.
Blackstone, LLOG to Accelerate Deepwater Exploration in GOM
LLOG Exploration Co. LLC has formed a long-term partnership with private equity giant Blackstone to accelerate the Covington, LA-based producer’s deepwater operations in the Gulf of Mexico (GOM).
Legacy Reserves Expands Play in Permian
Expanding its assets in an area of its primary focus, Midland, TX-based Legacy Reserves LP said Wednesday it has agreed with Concho Resources Inc. to buy $520 million of Concho’s holdings in the Permian Basin. Legacy said it hopes to close the deal before the end of this year.
New York Landowners Favor Local Republican Candidates
A coalition of New York landowners that supports natural gas development has endorsed a slate of candidates — all of them Republicans — for election to state office.
Maine Natural Gas Signs 10-Year Supply Deal with Augusta Hospital
Maine Natural Gas (MNG), which has seen its plans to build an 80-mile-long natural gas pipeline to the state capital and the surrounding Kennebec Valley hampered by a competitor’s challenge, has signed a 10-year agreement to supply gas to a new regional hospital in Augusta. It’s a deal that could help MNG build the pipeline even if the state isn’t a customer.
Georgia Power Completes Smyrna Power Plant’s Coal-to-Gas Transition
Marking the end of a more than year-long transition from becoming a coal-fired power plant to one fueled by natural gas, Georgia Power reported Monday that the third and final of the company’s 840 MW natural gas combined-cycle units at Plant McDonough-Atkinson in Smyrna, GA, became operational Oct. 28.
Dominion Secures Liquids Agreement in Utica, Readies Expansions
Dominion Resources Inc. has secured a long-term natural gas gathering service agreement in northeastern Ohio with M3 Ohio Gathering (Momentum) to process wet gas from the Utica Shale and is readying several projects in the Utica and Marcellus shale region to expand capacity services, CEO Tom Farrell said Thursday.
Dominion Secures Utica Agreement, Readies Expansions
Dominion Resources Inc. has secured a long-term natural gas gathering service agreement in northeastern Ohio with M3 Ohio Gathering (Momentum) to process wet gas from the Utica Shale and is readying several projects in the Utica and Marcellus shale region to expand capacity services, CEO Tom Farrell said Thursday.