FERC Tuesday approved Dominion Transmission Inc.’s (DTI) application to build and operate facilities in southwestern Pennsylvania to provide 185,000 Dth/d of natural gas to the growing markets in the Northeast and Mid-Atlantic regions.
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Alliant Sells Minnesota NatGas, Electric Utilities
Madison, WI-based Alliant Energy Corp. said Tuesday it was getting out of the energy utility distribution business in Minnesota, selling its natural gas and electric systems in separate transactions.
Cuadrilla Revamps UK Drilling Plan, to Resubmit Proposal
Cuadrilla Resources Ltd. said it will submit a new planning application to cover flow testing from a conventional horizontal oil exploration well in southern England, but it also acknowledged that protests against hydraulic fracturing (fracking) had caused a “significant level of disruption” in the area.
California’s Fourth Cap-and-Trade Auction Sells Out
California’s fourth cap-and-trade auction, held in mid-August, sold out once again, reaping more than $275 million on 23.4 million greenhouse gas (GHG) emissions allowances, according to the California Air Resources Board (CARB).
Carrizo Says Bye Bye to Barnett After 10-Year Run
Carrizo Oil & Gas Inc. is selling its remaining Barnett Shale properties as well as other noncore assets in East Texas and the Marcellus Shale. The move is another step in the company’s pursuit of oilier activities in the Eagle Ford Shale and elsewhere.
New York’s Unshackle Upstate Urges End to Marcellus Moratorium
An Upstate New York business advocacy group on Tuesday called for state officials to lift the moratorium on unconventional natural gas drilling in the Southern Tier, part of its broad-based prescription to deliver tax relief and stimulate job growth.
Shale Gale Saving U.S. Households $1,200/yr, Boosting Economy, Trade, IHS Says
Domestic unconventional natural gas and oil production is increasing household incomes, boosting trade and contributing to an increase in U.S. competitiveness in the world economy, IHS Inc. said Wednesday.
McClendon Sued Over Use of ‘American Energy’ Name
American Energy Partners LP, the oil and natural gas venture helmed by Aubrey McClendon, is in a legal battle with an Ohio-based coal miner over the use of the name “American Energy.”
Acquisition Makes Laclede Largest Gas Distributor in MO
Energy Transfer Partners (ETP) has completed the sale of assets of Missouri Gas Energy (MGE) to Laclede Gas Co., a subsidiary of The Laclede Group, for an estimated $975 million. The transaction positions Laclede to be the largest natural gas distribution company in Missouri, serving more than 1.1 million residential, commercial and industrial customers. MGE is a division of Southern Union Co., a wholly owned subsidiary of ETP.
Onshore Natural Gas Production Proves Resilient in June
Dry natural gas production in June from the Lower 48 states was higher than a year earlier and proved resilient from May, lifted mostly by sharp increases in the Marcellus Shale, according to U.S. Energy Information Administration (EIA) Form 914 data.