ExxonMobil Corp. has been ordered to curb the carbon dioxide (CO2) emissions from its Shute Creek natural gas processing facility near LaBarge, WY, and redirect the emissions into pipelines for enhanced oil recovery under a resolution passed by the Wyoming Oil and Gas Conservation Commission. The commission wants the oil major to submit progress reports detailing progress in marketing the CO2 vented from the facility, which is produced in association with sour gas production. ExxonMobil sold an average of 207 MMcf/d of CO2 last year for enhanced oil recovery, but it vented another 181 MMcf/d of CO2, according to the commission. Under the order, ExxonMobil may be forced to secure interruptible customer contracts for CO2 delivery. “They recognize what we have no argument with: That is, there are hedging opportunities in the CO2 market,” ExxonMobil spokeswoman Sara K. Tays told the Casper Star-Tribune in Wyoming. “The goal is to safely market everything you can.” With oil and gas prices soaring, Wyoming officials said they want to help producers secure flows of CO2, which may be injected into maturing fields to extract volumes that were unrecoverable through conventional production methods.
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Regulators Suspend Operations of Two Marcellus Shale Producers
Pennsylvania regulators have ordered two companies exploring for natural gas in the emerging Marcellus Shale play to suspend a portion of their operations in northern Pennsylvania for violating the state’s Clean Streams Law.
Regulators Suspend Operations of Two Marcellus Shale Producers
Pennsylvania regulators have ordered two companies exploring for natural gas in the emerging Marcellus Shale play to suspend a portion of their operations in northern Pennsylvania for violating the state’s Clean Streams Law.
Energy Transfer Ordered to Pay $10M to Settle CFTC Charges
Dallas-based Energy Transfer Partners LP and three subsidiaries last Monday were ordered to pay $10 million as part of a settlement reached with the Commodity Futures Trading Commission (CFTC) of charges that they attempted to manipulate natural gas prices at the Houston Ship Channel (HSC).
Energy Transfer Ordered to Pay $10M to Settle CFTC Manipulation Charges
Dallas-based Energy Transfer Partners LP and three subsidiaries Monday were ordered to pay $10 million as part of a settlement reached with the Commodity Futures Trading Commission (CFTC) of charges that they attempted to manipulate natural gas prices at the Houston Ship Channel (HSC).
Maine PUC Orders Investigation of Northern Utilities
The Maine Public Utilities Commission (MPUC) last week ordered an investigation of the safety practices of Northern Utilities following several high profile incidents in the last few months. The commission also wants to know how the natural gas utility manages its operations and maintenance program.
Maine PUC Orders Investigation of Northern Utilities
The Maine Public Utilities Commission (MPUC) Tuesday ordered an investigation of the safety practices of Northern Utilities. The commission also wants to know how the natural gas utility manages its operations and maintenance program.
Marathon to Pay $1M Penalty in 2003 Price Manipulation Case
The Commodity Futures Trading Commission (CFTC) has ordered Marathon Petroleum Co. (MPC), a subsidiary of Ohio-based Marathon Oil Corp., to pay a $1 million civil penalty for attempting to manipulate crude oil spot prices.
Marathon to Pay $1M Penalty in 2003 Price Manipulation Case
The Commodity Futures Trading Commission (CFTC) has ordered Marathon Petroleum Co. (MPC), a subsidiary of Ohio-based Marathon Oil Corp., to pay a $1 million civil penalty for attempting to manipulate crude oil spot prices.
FERC Hearing to Explore Conduct of Enron Attorneys, Consultant
FERC last Wednesday ordered a hearing to determine if a consultant and attorneys for bankrupt Enron should be barred from appearing and practicing before the agency for allegedly withholding information during a 2001 proceeding involving refunds to Pacific Northwest power customers.
