Natural Gas Vehicle (NGV) fuel and fueling station developer Clean Energy Fuels Corp. at the end of last month was granted a natural gas export approval from the U.S. Department of Energy (DOE) to cover Canada, Mexico and other free trade agreement (FTA) nations. A Clean Fuels spokesperson told NGI the Newport Beach, CA-based company has no intention of getting into the full-scale LNG export business, although it is working on a containerized LNG project that involves the gas utility in Hawaii (see Daily GPI,April 10). Such shipments to another state such as Hawaii do not require DOE authorization. Clean Energy is negotiating with two Canadian trucking companies that plan to switch their fleets to run on LNG, and the DOE export authorization is a means for fuel supplier to serve the Canadian market. The DOE authorization is for a two-year period covering LNG shipments by truck, rail, barge or other waterborne vessel up to a combined total supply equivalent of 100 Bcf.
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Cash, Futures Decline; October Makes Third Straight Loss
Physical traders Thursday made sure they got their deals done before the Energy Information Administration (EIA) storage report and they elected to sell and sell often. Prices at some Northeast points tumbled by double digits ahead of a cold front, but for the most part the day’s broad decline was limited to a few pennies.
State, Feds OK Expansion of Formosa Petrochemical Plant in Texas
Federal and state regulators have issued air quality permits to Formosa Plastics Corp. for a $2 billion expansion project at its petrochemical plant in Point Comfort, TX.
Trans Energy May Spend Millions in Settlement With Regulators
Federal regulators late Tuesday announced a settlement with Trans Energy Inc. that could find the small Marcellus Shale pure-play explorer paying a $3 million penalty and millions more to restore streams and wetlands at 15 sites across West Virginia for violating the Clean Water Act (CWA).
Buckeye Acquires Eagle Ford-to-Corpus Christi Asset Chain
Growing crude and condensate production from the Eagle Ford Shale was too good for Buckeye Partners LP to ignore. The partnership is buying into Gulf Coast midstream assets that serve the play and offer growth opportunities with expansion currently in progress.
Shell’s Utica NatGas Wells Extend Play into North-Central Pennsylvania
A unit of Royal Dutch Shell plc has drilled two natural gas wells into the Utica Shale in Pennsylvania near the New York border, 100 miles-plus from most of the current activity, news that suggests a much bigger potential for the far-reaching formation.
Embrace U.S. Energy Exports, Says Shell CEO
U.S. natural gas and oil exports would reinforce North America’s long-term energy production future, improve the domestic trade balance and stabilize the global energy system, Royal Dutch Shell plc’s chief said Tuesday.
Another Record-Setting Year Seen Likely for Pennsylvania NatGas Production
A closer look at oil and gas production in Pennsylvania from January-June shows that new drilling, backlogged wells waiting on pipelines or completion and others likely to return to production after a period of inactivity will help drive volumes in the state to a new record by the end of the year.
Record Natural Gas Volumes Increasing Demand in Pennsylvania
Pennsylvania likely became a net natural gas exporter in late 2009, but growing supplies are still whetting the state’s appetite for more, according to an analysis by Pennsylvania State University’s Marcellus Center for Outreach and Research.
Louisiana LNG Project Gets FTA Export OK
The U.S. Department of Energy has granted free trade agreement (FTA) liquefied natural gas (LNG) export authority to Louisiana LNG Energy LLC (LLNG), which is pursuing development of a terminal on the Mississippi River in Plaquemines Parish, LA.
