Reached

Texas Oil Production Up; NatGas, Not So Much

Texas Oil Production Up; NatGas, Not So Much

Oil production in Texas continued climbing during May, while natural gas output trended down as it has for much of this year.

July 24, 2013
Flaring Remains a Stubborn Problem in North Dakota

Flaring Remains a Stubborn Problem in North Dakota

Connecting the wells only addresses part of the problem with flaring of natural gas in North Dakota’s Bakken and Three Forks formations; it’s no help if there’s a lack of takeaway and processing capacity.

June 18, 2013

Cameron LNG Tolling, JV Agreements Signed

Sempra Energy, Mitsubishi Corp. and Mitsui & Co. Ltd. have signed 20-year tolling capacity and joint venture (JV) agreements to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt terminal in Hackberry, LA.

May 17, 2013

BSEE, Coast Guard Sign Agreement to Bolster Offshore Oversight

The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard said Thursday they have reached a memorandum of agreement (MOA) aimed at bolstering the working relationship of the two agencies to improve the management of the safety and environmental protection responsibilities on the Outer Continental Shelf (OCS).

May 13, 2013

People

Former Enron Corp. CEO Jeffrey Skilling, 59, reached agreement with the U.S. Department of Justice that could allow him to be free as soon as 2017, according to a court filing. Skilling agreed to waive his rights to any further appeals and would allow more than $40 million of forfeited assets to be distributed to victims of Enron’s colossal collapse in 2001. Skilling was convicted in 2006 by a Houston jury on 19 criminal counts and originally was sentenced to federal prison for 24 years and four months (see NGI, May 29, 2006). The U.S. Court of Appeals for the Fifth Circuit in New Orleans twice said the sentence had been miscalculated (see NGI, April 11, 2011). “Although the recommended sentence for Jeff would still be more than double any other Enron defendant, all of whom have long been out of prison, Jeff will at least have the chance to get back a meaningful part of his life,” said Skilling attorney Daniel M. Petrocelli.

May 13, 2013

People

Former Enron Corp. CEO Jeffrey Skilling, 59, has reached agreement with the U.S. Department of Justice that could allow him to be free as soon as 2017, according to a court filing. Under the agreement, Skilling is waiving his rights to any further appeals and would allow more than $40 million of his forfeited assets to be distributed to victims of Enron’s colossal collapse in 2001. Skilling was convicted in 2006 by a Houston jury on 19 criminal counts and originally was sentenced to federal prison for 24 years and four months (see NGI, May 29, 2006). The U.S. Court of Appeals for the Fifth Circuit in New Orleans twice said the sentence had been miscalculated by the district court (see NGI, April 11, 2011). “The proposed agreement brings certainty and finality to a long painful process,” said Skilling lawyer Daniel M. Petrocelli. “Although the recommended sentence for Jeff would still be more than double any other Enron defendant, all of whom have long been out of prison, Jeff will at least have the chance to get back a meaningful part of his life.”

May 9, 2013

Chevron Planning Regional Headquarters in Pittsburgh Area

Chevron Corp. said it has reached agreements to acquire two adjoining parcels of land totaling 61 acres in Moon Township in the Pittsburgh metropolitan area as a potential site for its regional headquarters office campus.

May 8, 2013

Chevron Planning Regional Headquarters in Pittsburgh Area

Chevron Corp. said it has reached agreements to acquire two adjoining parcels of land totaling 61 acres in Moon Township in the Pittsburgh metropolitan area as a potential site for its regional headquarters office campus.

May 8, 2013
Pennsylvania DEP: Susquehanna Methane Migration Not from Drilling

Pennsylvania DEP: Susquehanna Methane Migration Not from Drilling

Pennsylvania’s Department of Environmental Protection (DEP) on Monday concluded a 16-month investigation by announcing that high levels of methane found in three water wells in Franklin Township in Susquehanna County “cannot be attributed to natural gas drilling activity in that geographical area.”

May 1, 2013

Truck Stop Operator, Shell Plan LNG Fueling Network

Ohio-based TravelCenters of America LLC (TA) and Royal Dutch Shell plc unit Shell Oil Products U.S. said Monday they have reached an agreement to construct and operate a network of natural gas fueling lanes at existing TravelCenters located along the U.S. Interstate highway system.

April 17, 2013
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