Player

BG Commits to More U.S. LNG; Another Project Advances

A major liquefied natural gas (LNG) player last week increased its planned offtake from a proposed liquefaction facility in Louisiana while another recently won a local approval in Texas for a new liquefaction facility on the Gulf Coast.

January 30, 2012

Oklahoma Midstream Assets Change Hands; Expansion Planned

Tulsa-based midstream company Caballo Energy LLC is targeting the Mississippi Lime of Oklahoma and Kansas, and the Cana Woodford Shale with its acquisition of Eagle Chief Midstream LLC, which owns a gas gathering and processing system in northwestern Oklahoma.

January 20, 2012

Siemens Makes $350M Bet on U.S. Gas Growth

Already a large player in the U.S. natural gas-fired power sector, Siemens Energy Inc. raised it bets this month on future gas growth with the opening Wednesday of its $350 million expansion of its turbine manufacturing facilities in Charlotte, NC.

November 21, 2011

BG Group, Cheniere Strike First U.S. Gulf Coast LNG Export Deal

A unit of global liquefied natural gas (LNG) player BG Group has agreed to buy domestic LNG from Cheniere Energy Partners LP’s Sabine Pass Liquefaction LLC, marking the first sales contract for the company’s U.S. Gulf Coast facility and the first for export of LNG from the Lower 48. The reservation charge to be paid to Cheniere is worth $8.2 billion over the 20-year life of the contract.

October 27, 2011

Aussies Eye Wyoming for Underground Gasification, Liquids

Australian oil and gas developer Linc Energy is a new player in Wyoming’s humming oil and gas patch, bringing a focus on underground “cooking” of coal seams to create synthetic gas (syngas) and natural gas liquids.

October 7, 2011

Utica Shale Could Strain Appalachian Liquids Infrastructure

The Utica Shale could double or triple liquids production in the Appalachian Basin, increasing the infrastructure challenges in the region, a midstream player told an audience in Pittsburgh on Wednesday.

August 25, 2011

Industry Brief

As the Pacific Northwest’s dominant energy player, the federal Bonneville Power Administration (BPA) has adopted what it described as a landmark settlement on a residential exchange program that it hopes will end years of dispute over how BPA makes low-cost hydroelectric supplies available to small residential and farm customers of investor-owned utilities (IOU). Given the criticism of BPA for shunning natural gas and wind power generators in the face of abundant water supplies this spring and summer, the federal power behemoth is hoping it has a win-win, noting that the deal has the backing of six regional IOUs, three state regulatory commissions, and most public-sector utilities representing 88% of BPA’s customers and 93% of the power consumed in the region. Under the settlement, IOU customers are in line to get about $3.3 billion in payments during a 17-year period, beginning at $182.1 million in fiscal 2012 and increasing to $286.1 million by fiscal 2028.

July 28, 2011

New Jersey Passes ‘Moot’ Legislation Banning Fracking

New Jersey isn’t even a player in the shale game, but lawmakers there have decided to leave the stadium altogether.

July 5, 2011

‘Moot’ Legislation Banning Fracking Passes in New Jersey

New Jersey isn’t even a player in the shale game, but lawmakers there have decided to leave the stadium altogether.

July 4, 2011

EQT Official: Industry Must Educate ‘One-on-One’

The Marcellus Shale industry shouldn’t discount new regulations outright, according to the head of one major midstream player.

March 28, 2011