Republished

The capital markets for U.S. exploration and production (E&P) companies “appear wide open,” with most of the available funds likely to target onshore oil instead of natural gas through 2014, Barclays Capital analysts said on Wednesday.

Liberty Natural Gas LLC, which last year withdrew applications to build a liquefied natural gas (LNG) import terminal off the coast of New Jersey, has filed a revamped application with the Maritime Administration (MARAD) and the U.S. Coast Guard. The new application is for a different location and would allow many more LNG carrier deliveries once the facility is completed.

Senate Republicans appear to have tempered their opposition to the nomination of Gina McCarthy to head the Environmental Protection Agency (EPA) and a vote appears imminent.

In its latest Short Term Energy Outlook (STEO), the Energy Information Administration (EIA) nudged down is Henry Hub natural gas price forecast for this year and next and predicted that coal-fired power plants will retain their recent gains over gas-fueled facilities.

A House subcommittee last Wednesday voted out a Republican-sponsored bill that seeks to speed up the permitting of interstate natural gas pipelines by both federal and state agencies.

Transcontinental Gas Pipe Line (Transco) was to start up service over the weekend on the first pipeline loop of its major Northeast Supply Link expansion, one of the key links in sending new gas out of the Marcellus Shale.

The state of Alaska last week took the next step toward going it alone to find out how much oil and gas lies beneath the Arctic National Wildlife Refuge (ANWR) after an offer to partner with the federal government on the effort was rebuffed by the U.S. Department of Interior (DOI).

For those visionaries that want a clean transportation fuel without the additional vehicle and fueling infrastructure costs associated with natural gas vehicles, a small privately held New Jersey-based company, Primus Green Energy, wants to market natural gas-derived gasoline.

Some time ago, the North American shale gas surprise gathered enough momentum to turn liquefied natural gas (LNG) tankers bound for the United States around, sparking a frenzy to construct liquefaction and export capacity on U.S. and Canadian shores. A “big flood” of LNG is on its way in the next several years, an industry veteran told NGI.