Maintaining

CNG Keeps Price Edge; NatGas Highway Expands

Separate reports confirmed the competitiveness of natural gas as a transportation fuel, with the price of compressed natural gas (CNG) maintaining a strong pricing edge over gasoline, diesel and other alternative fuels. At the same time, liquefied natural gas (LNG) is expanding its potential transportation options to include rail.

June 18, 2013

New Brunswick Unveils New Oil and Gas Rules

Officials in the Canadian province of New Brunswick unveiled new rules for oil and natural gas development in the prospective Frederick Brook Shale on Friday, including a requirement that operators disclose all of the chemicals used in hydraulic fracturing (fracking).

February 20, 2013

Maryland Gas Utilities May Soon Impose Surcharge for Aging Pipes

A bill that would enable Maryland’s natural gas utilities to impose a monthly surcharge on customers of up to $2.00/month to pay for maintaining and replacing aging distribution lines appears likely to be approved by the legislature as soon as this week.

February 7, 2013

Eastern Pipelines, LDCs Breeze Through Superstorm Sandy

Natural gas pipeline systems and distribution companies so far have reported no problems maintaining service through Hurricane/Tropical Storm Sandy.

October 31, 2012

Seneca Resources Completes Wells in Marcellus and Utica

Seneca Resources Corp. is proceeding with drilling operations in the Marcellus and Utica shales, and has established positions in oil fields in Kansas and California, the National Fuel Gas Co. (NFG) subsidiary said Thursday.

October 1, 2012

BLM Proposal to Downsize Oil Shale Development Draws Broad Support

Maintaining that Colorado’s water supply is too fragile to put at risk, a diverse coalition of more than 100 of the state’s business, conservation and sporting groups sent a letter of support Wednesday for a U.S. Bureau of Land Management (BLM) proposal to reduce the amount of land available for oil shale research and development.

August 20, 2012

Chevron Ties Output Gains to Deepwater GOM, Australian LNG

Led by massive projects in the deepwater of the Gulf of Mexico (GOM) and Australian liquefied natural gas (LNG), Chevron Corp. is maintaining a production target of 3.3 million boe/d by the end of 2017, executives said Friday.

July 30, 2012

Chevron Ties Output Gains to Deepwater GOM, LNG

Led by massive projects in the deepwater of the Gulf of Mexico (GOM) and Australian liquefied natural gas (LNG), Chevron Corp. is maintaining a production target of 3.3 million boe/d by the end of 2017, executives said Friday. The gains will come even though 2Q2012 worldwide output fell 2.6% year/year to 2.62 million boe/d, Chevron Vice Chairman George Kirkland said during a quarterly earnings conference call.

July 30, 2012

Fracking Study Was Not ‘Peer-Reviewed,’ Editor Says

A study of data from the Pennsylvania Department of Environmental Protection (DEP) that showed the percentage of wells with pollution events has declined, thanks at least in part to the state’s regulation of hydraulic fracturing (fracking), was not “peer-reviewed,” as it was originally described, according to an editor’s note issued since the study’s release.

May 29, 2012

Encana Clinches $2.9B Cutbank Ridge Deal with Mitsubishi

Japan’s Mitsubishi Corp. is investing $2.9 billion to acquire a 40% stake in Encana Corp.’s Cutbank Ridge leasehold in British Columbia, the companies said Friday. The deal is set to close this month.

February 21, 2012
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