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Race

Chevron Sees ‘No Sense’ in Developing U.S. Gas

Chevron Corp. is not being left behind in the race to acquire North American unconventional natural gas assets, thank you. But until it can make money by developing the resource base it now holds, those gassy development plans will be shelved, Vice Chairman George Kirkland told financial analysts on Friday.

August 2, 2010

Offshore Drilling Hot Potato in Virginia Gubernatorial Race

Drilling off the coast of Virginia is shaping up to be a political hot potato in the state’s gubernatorial race, with the presumptive Republican candidate urging the Interior Department to proceed full speed ahead with a scheduled 2011 offshore lease sale while the Democratic candidates are anti-offshore drilling and pro-green energy.

March 9, 2009

Offshore Drilling Hot Potato in Virginia Gubernatorial Race

Drilling off the coast of Virginia is shaping up to be a political hot potato in the state’s gubernatorial race, with the presumptive Republican candidate urging the Interior Department to proceed full speed ahead with a scheduled 2011 offshore lease sale while the Democratic candidates are anti-offshore drilling and pro-green energy.

March 6, 2009

TransCanada Finds Partners on Proposed 1.2 Bcf/d Pathfinder Pipeline

In the race to build new takeaway natural gas pipeline infrastructure out of the Rockies, the proposed Pathfinder Pipeline project received a boost last week as TransCanada Corp., affiliates of Enterprise Products Partners LP and Quicksilver Gas Services LP signed a memorandum of understanding (MOU) under which Enterprise and Quicksilver Gas Services would acquire up to an aggregate 50% ownership in the project and commit to ship a total of 500 MMcf/d for a 10-year term.

May 19, 2008

TransCanada Finds Partners on Proposed 1.2 Bcf/d Pathfinder Pipeline

In the race to build new takeaway natural gas pipeline infrastructure out of the Rockies, the proposed Pathfinder Pipeline project received a boost Monday as TransCanada Corp., affiliates of Enterprise Products Partners LP and Quicksilver Gas Services LP signed a memorandum of understanding (MOU) under which Enterprise and Quicksilver Gas Services would acquire up to an aggregate 50% ownership in the project and commit to ship a total of 500 MMcf/d for a 10-year term.

May 13, 2008

Northeast Pipe-Expansion Race Surrounding REX Heats Up

As the race to move Rocky Mountain natural gas from the Rockies Express Pipeline’s (REX) terminus in Ohio to the Northeast continues to add new entrants, competitors will have to deal with a quickly moving forward pipe proposal from REX itself. Last week, prior to REX announcing that it had completed a successful nonbinding open season for its Northeast Express Project, El Paso Corp.’s Tennessee Gas Pipeline and Equitable Resources Inc. threw their hats into the ring with plans to jointly build a pipeline project from the terminus of REX to serve Northeast gas markets.

December 17, 2007

REX Reports Northeast Expansion Interest Exceeds Expectations

As the race to move Rocky Mountain natural gas from the Rockies Express Pipeline’s (REX) terminus in Ohio to the Northeast continues to add new entrants, competitors will have to deal with a quickly moving forward pipe proposal from REX itself. The pipeline said Wednesday it has completed a successful nonbinding open season for the Northeast Express Project, a 375-mile extension of REX that would extend the pipeline’s route from Clarington, OH, and add capacity to receive volumes from Lebanon, OH, to the endpoint in Princeton, NJ.

December 13, 2007

Gros Cacouna Terminal Plans Benefit From Regulatory, Supply Developments

Costs are rising but the leading entry in the race to place new liquefied natural gas (LNG) terminals just inside Canada along the St. Lawrence Seaway is poised to enter construction, thanks to favorable regulatory and supply developments.

August 20, 2007

Regulatory, Supply Developments Boost Gros Cacouna Terminal

Costs are rising but the leading entry in the race to place new liquefied natural gas (LNG) terminals just inside Canada along the St. Lawrence Seaway is poised to enter construction, thanks to favorable regulatory and supply developments.

August 20, 2007

SoCalGas Signs $26 Million in Energy Efficiency Deals

Reflecting the continuing race in California to stay out front on energy efficiency through massive ratepayer-funded programs, Sempra Energy’s Southern California Gas Co. Tuesday announced it has recently signed contracts totaling $26 million with outside providers to expand residential and small business energy efficiency programs through 2008.

October 2, 2006