Moving

Cameron a Go As Export Terminal, Sempra Execs Say

With or without a still-pending federal approval for liquefied natural gas (LNG) exports to non-free trade agreement (FTA) nations, Sempra Energy is moving ahead with permit applications and engineering plans at its existing Cameron, LA, LNG import facility, Sempra executives said Tuesday.

November 7, 2012

Methanex Near Contract for U.S. Methanol Plant, CEO Says

Methanex Corp. is moving closer to inking a long-term supply contract for its previously announced plan to relocate a large production plant to Louisiana, CEO Bruce Aitken told financial analysts recently.

October 31, 2012

Another Penn State Drilling Study Unnecessary, Says MSC

The industry-led Marcellus Shale Coalition (MSC) has canceled a study underway by Pennsylvania State University (Penn State) about natural gas drilling and hydraulic fracturing (fracking), following criticism that previous research had a pro-drilling slant.

October 5, 2012

Tioga Lateral OK’d, But Alliance Sees More Growth Ahead

Moving natural gas from Western Canada and the Bakken Shale through new and existing pipelines will keep Calgary-based Alliance Pipeline LP as busy as it has ever been in its 12-year history. FERC last Thursday approved the pipeline’s proposal to build a lateral out of the Bakken Shale to Alliance’s mainline, allowing producers to meet the growing gas demand in Chicago.

September 24, 2012

Tioga Lateral OK’d, But Still More Ahead for Alliance Pipeline

Moving natural gas from western Canada and the Bakken Shale through new and existing pipelines will keep Calgary, Alberta-based Alliance Pipeline LP as busy as it has ever been in its 12-year history. And it will kick into high gear this fall, as FERC Thursday approved the pipeline’s proposal to build a lateral out of the Bakken shale formation in eastern Montana and western North Dakota to Alliance’s mainline, allowing producers to meet the growing gas demand in Chicago.

September 21, 2012

Sea Ice Temporarily Halts Shell’s Chukchi Drilling Plans

Just one day after it began, Royal Dutch Shell plc on Monday halted drilling in Alaska’s Chukchi Sea for safety reasons as sea ice began moving toward a drillship.

September 12, 2012

Canaccord Genuity Sees $5 Natural Gas Price Long Term

Canaccord Genuity is maintaining a natural gas price forecast of $3.50/Mcf for 4Q2012, with prices gaining 50 cents in 2013 and then moving to $5.00 for the long term, analysts said Friday.

September 10, 2012

California Lawmakers Dump Frack Regulation Bills

As the deadline for moving proposed bills out of finance committees came and went Thursday, the California state legislature again gave up on measures designed to more closely regulate hydraulic fracturing (fracking).

August 20, 2012

Industry Groups on EPA Fracking Study: ‘Do It Right’

Flaws in a study of potential impacts of hydraulic fracturing (fracking) on drinking water supplies being conducted by the Environmental Protection Agency (EPA) must be addressed in order for the agency’s final report to be credible, according to a review of the study released Tuesday by the Battelle Memorial Institute.

July 11, 2012

Shell Crowned Biggest Global Company

Royal Dutch Shell plc vaulted into the No. 1 spot for global companies in the world based on revenues, moving up from the No. 2 spot a year, according to Fortune magazine’s Global 500 list.

July 10, 2012