The recent fire at the Lathrop natural gas compressor station in northeastern Pennsylvania, which forced a major Marcellus Shale producer to reroute gas supplies for several days, is highlighting a gap in pipeline safety legislation passed earlier this year.
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EPA Asked to Consider New Public Health Study in Fracking Review
Lawmakers on the House Energy and Commerce Committee have called on the Environmental Protection Agency (EPA) to consider the results of a recent study that concludes that hydraulic fracturing contributes to acute and chronic health problems when examining the potential risks of hydraulic fracturing (fracking) on water quality and public health.
April 4, 2012
BlackRock Holds Nearly $2B of Dominion Shares
BlackRock Inc. has increased its stake in Dominion Resources Inc. to 6.92% (39.4 million shares), according to a recent filing with the Securities and Exchange Commission (SEC).
February 16, 2012
Smaller Delaware River Basin Marcellus Projects Under Microscope
A recent settlement of a case involving one of the first shale gas wells in the Delaware River Basin will change the way future Marcellus Shale wells are permitted in that region.
February 15, 2012
Moody’s: Anemic Pipe Returns Cut Regulatory Risk
Recent investigations by FERC of interstate natural gas pipelines for significant over-earnings so far have been credit-neutral and the over-earnings are not likely to occur in the foreseeable future due to weaker market conditions, said Moody’s Investors Service in a new report.
February 6, 2012
U.S. Has Most Gas Storage Capacity, And it Needs it, AGA Reports
The United States has the largest gas storage asset in the world with more than 400 natural gas storage fields, according to the American Gas Association (AGA) in its most recent “Survey of Underground Storage of Natural Gas in the United States and Canada.”
February 6, 2012
Moody’s: Anemic Pipe ROEs Reduce Regulatory Risk
Recent FERC investigations of interstate natural gas pipelines for significant over-earnings have so far been credit-neutral and the over-earnings are not likely to occur in the foreseeable future due to weaker market conditions, said Moody’s Investors Service in a new report.
February 6, 2012
Bentek: North America Will Be Soaking in Crude
Crude oil production in the United States and Canada will grow by 3.1 million b/d, or about 38%, over the next five years thanks to technologies and development practices honed in the U.S. shale gas patch, according to a new analysis by Bentek Energy LLC. The United States alone will grow oil production by 2.2 million b/d, most of it light or intermediate grades, the firm said.
January 23, 2012
Large Untapped Gas Market Found in Cogen, Study Shows
About 9% of the U.S. electricity generating capacity comes in the form of cogeneration, or combined heat-power (CHP) in various onsite commercial/industrial applications, but a recent General Electric (GE) study estimates that fully up to 20% of the nation’s capacity could come from CHP if energy programs were expanded.
January 3, 2012
North Dakota Exploration Continues at Record Pace
North Dakota continues to set all-time records for oil and gas production based on the most recent statistics available as of the end of October, according to Lynn Helms, director of the state Industrial Commission’s Department of Mineral Resources (DMR). He noted that the oil and gas industry still plans to invest more than $3 billion in the state through 2013.
January 2, 2012
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