The National Hurricane Center (NHC) was reporting Friday afternoon that an area of low pressure off the Yucatan Peninsula in the southwestern Gulf of Mexico could threaten Gulf of Mexico (GOM) energy interests. Several companies had reported that they had begun evacuations of nonessential personnel.
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Chesapeake Readies New Strategy with Growing Output
Chesapeake Energy Corp., with a new CEO leading the way, is beginning a new era for the company as well, moving away from spending to secure big leaseholds in the onshore to living within its cash flow.
‘Miscommunication’ Halts Ohio Forest Lease Sale
Federal and state officials concede there was a “miscommunication” between them over plans by the U.S. Bureau of Land Management (BLM) to put more than 4,000 acres of a state forest in Ohio up for oil and gas leasing, and the sale has been put on hold.
Frito-Lay Placing Its Chips on CNG Trucks
Moving to make the majority of its fleet of tractor-trailer trucks run on natural gas, PepsiCo’s Frito-Lay North America division drew national attention Thursday to Beloit, WI, with its newly opened compressed natural gas (CNG) fueling station The company also intends to break ground on seven other public CNG stations this year.
NEB: NatGas Glut to Continue
Plans to export liquefied natural gas (LNG) — including the long lineup of terminals proposed for the northern Pacific Coast of British Columbia (BC) — are moving too slowly to cut the North American supply glut for at least three years, according to the National Energy Board (NEB).
NEB: Gas Glut Won’t Float Away Anytime Soon
Plans to export liquefied natural gas (LNG) — including the long lineup of terminals proposed for the northern Pacific Coast of British Columbia (BC) — are moving too slowly to cut the North American supply glut for at least three years, according to the National Energy Board (NEB).
Domestic Supply Prompts Southeast Texas Crude System Expansion
Enterprise Products Partners LP plans to “significantly” expand its crude oil storage and distribution infrastructure serving the southeast Texas refinery market, the partnership said Thursday. The move is in response to the displacement of imported waterborne crude by domestic supply from unconventional basins.
Texas RRC, Waste Piping Bills Advance
Bills to change the name of and make reforms to the Railroad Commission of Texas (RRC) were moving through the state legislature Friday, as was legislation to expand the use of pipelines to carry drilling waste rather than trucking it to injection wells.
Texas RRC Reform, Waste Piping Bills Advance
Bills to change the name of and make reforms to the Railroad Commission of Texas (RRC) were moving through the state legislature Friday, as was legislation to expand the use of pipelines to carry drilling waste rather than trucking it to injection wells.
Experts Outline Foreign Policy Benefits of LNG Exports
U.S. exports could prevent India from getting supplies from Iran and give European buyers leverage on their Russian pipeline purchases, a subcommittee of the House Foreign Affairs Committee was told.