Marlborough, MA-based Clear Energy plans to build a $100 million liquefied natural gas (LNG) production facility for domestic peaking use near Northumberland, NH, a company official recently told the town’s Board of Selectmen.
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Crosstex, Devon Midstream MLP Close to Launch
A midstream master limited partnership (MLP) formed last year by Devon Energy Corp. and Crosstex Energy LP should be completed and ready to begin operations by the end of March, executives said Wednesday.
February 19, 2014
Futures Jump to Five-Year High; Midwest Leads Physical Gains
Spot natural gas for Thursday delivery bounded higher in Wednesday’s trading as physical market traders elected to follow the path of the highly exuberant futures market. Less than a handful of cash points touched the loss column, and dollar-plus gains were seen at pipes feeding into the Chicago area. New England locations were mostly higher, and most prices in the Mid-Atlantic were up by double digits.
February 19, 2014
More Cold On The Way; March Seen 37 Cents Higher
March natural gas is set to open 37cents higher Wednesday morning at $5.920 as weather models favor stronger Alaska ridging and more cold air pouring into the central U.S. Overnight oil markets rose.
February 19, 2014
North American Shale Production Prompting Shift in World Energy Markets
The Americas have become a significant contributor to global energy markets, rivaling the Middle East in oil production and exceeding the former Soviet Union in natural gas production, and the trend — driven in large part by North American shale production — is likely to remain positive, according to a recent report from the Energy Information Administration (EIA).
February 19, 2014
DEP Could Approve Future Operations at Site of PA Well Fire
A fire that burned for days at two Chevron Appalachia LLC shale gas wells in southwest Pennsylvania stopped on Saturday and specialists from Houston-based Wild Well Control are trying to determine if they can be salvaged for future production operations, a state official said.
February 18, 2014
Americas’ Regional Output Altering World Energy Markets, EIA Says
The Americas have become a significant contributor to global energy markets, rivaling the Middle East in oil production and exceeding the former Soviet Union in natural gas production, and the trend is likely to remain positive, according to a recent report from the Energy Information Administration (EIA).
February 18, 2014
With Fire Out, Chevron Hopes to Salvage Damaged PA Wells for Future Production
A fire that burned for days at two Chevron Appalachia LLC shale gas wells in southwest Pennsylvania stopped on Saturday and specialists from Houston-based Wild Well Control are trying to determine if they can be salvaged for future production operations, a state official said.
February 18, 2014
TransCanada’s Nova Pipeline Ruptures
Canada’s National Energy Board (NEB) has dispatched its emergency response team to a site in Alberta where a small stretch of TransCanada Corp.’s Nova Gas transmission pipeline has ruptured.
February 18, 2014
Chesapeake’s Post-Production Costs Again Scrutinized in Pennsylvania
Post-production cost deductions taken from royalty checks by Chesapeake Energy Corp. again are being questioned by Pennsylvania officials, with the governor calling for an inquiry.
February 18, 2014
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