Planning

Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).

Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).

Boardwalk Pipeline Partners LP is in the early planning stages for its Northeast-to-Gulf Coast natural gas liquids pipeline with Williams, but the partnership has been talking with prospective customers “at both ends of the pipe.”

Boardwalk Pipeline Partners LP is in the early planning stages for its Northeast-to-Gulf Coast natural gas liquids pipeline with Williams, but the partnership has been talking with prospective customers “at both ends of the pipe.”

Planning for the proposed Bluegrass Pipeline, which would carry mixed natural gas liquids (NGL) from the Northeast to the Gulf Coast, is still in early stages, but the project has piqued the curiosity of analysts who follow Bluegrass partner Boardwalk Pipeline Partners LP.

The U.S. Army Corps of Engineers (USACE) has issued a permit to Tennessee Gas Pipeline Co. LLC (TGP) for its Northeast Upgrade Project after determining that it is in the public interest and would not adversely affect the environment.

Enbridge Inc. and Energy Transfer are planning to develop a pipeline to carry crude oil from Western Canada and the Bakken Shale, by way of the Patoka, IL, hub to the eastern Gulf Coast in a project that would convert portions of the Trunkline Gas Co. LLC natural gas system to oil service.

Occidental Petroleum Corp.’s (Oxy) board has launched a search for a new CEO as part of the company’s management succession planning process. The board has formed a search committee to review both internal and external candidates to replace current President and CEO Stephen Chazen, 65. No timetable has been set for the completion of the search. As previously announced, Oxy Executive Chairman Ray Irani, who is in his late 70s, will retire at the end of 2014.

ExxonMobil Corp. and Imperial Oil Ltd. are in the “very early stages” of planning a business to export liquefied natural gas (LNG) from British Columbia’s west coast, Imperial CEO Bruce March said last week.