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.
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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.
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.
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.
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.
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.
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.
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).
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.
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.