Made

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.

Pacific Gas and Electric Co. (PG&E) has made an impassioned plea to California state regulators that it is “on the right path” to improve pipeline safety and that its four-year upgrade and safety-strengthening plan should be supported for the most part by gas utility ratepayers.

Initial tests of a process used in the Bakken Shale in North Dakota indicate that up to 80% of the water used in hydraulic fracturing (fracking) may be recycled successfully, according to the state’s chief oil and natural gas official.

Firing back at a skeptical regulatory staff’s earlier allegations, Pacific Gas and Electric Co. (PG&E) on Friday made an impassioned plea to California state regulators that it is “on the right path” to improve pipeline safety and its four-year upgrade and safety-strengthening plan should be supported for the most part by gas utility ratepayers.

Halliburton Co. CEO Dave Lesar made clear last Wednesday that the slowdown in the U.S. and Canadian drilling market is only “transitory,” and the company will sit it out before cutting prices to capture new business.

Halliburton Co. CEO Dave Lesar made clear Wednesday that the slowdown in the U.S. and Canadian drilling market is only “transitory,” and the company will sit it out before cutting prices to capture new business.

Rapid development of the Marcellus Shale is attracting new exploration and production (E&P) activity, a trend that is affecting long-standing national and regional gas flows, as well as regional pricing, according to a new report from Standard & Poor’s Ratings Services (S&P).

The Energy Information Administration (EIA) on Wednesday said domestic natural gas consumption is on track to grow this year, while marketed production will slow.

The U.S. Fish and Wildlife Service (FWS) has made an unusual filing at FERC, calling on the Commission to review and approve or reject the proposed Constitution Pipeline because there already are a number of competing pipeline projects to carry Marcellus Shale gas to New York.