Sales competition is undermining international prices for liquefied natural gas (LNG), according to ExxonMobil Corp.’s export terminal proposal for the northern Pacific Coast of British Columbia (BC). The supermajor and Canadian affiliate Imperial Oil Ltd. noted the competition in a filing with the National Energy Board (NEB) to build terminal that could export as much as 30 million metric tons a year (mmty) to overseas markets.
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Alberta Takes Capacity on TransCanada Mainline Conversion
The Alberta government has stepped forward as a customer for the planned conversion to oil service of one large pipe of the six parallel pipes that comprise TransCanada Corp.’s natural gas Mainline, which has suffered severely declining gas transport volumes (see NGI, April 29).
Alberta Taking Capacity in TransCanada Mainline Oil Conversion
The Alberta government has stepped forward as a customer for the planned conversion of one large pipe of the six parallel pipes that comprise TransCanada Corp.’s natural gas Mainline, which has suffered severely declining natural gas transport volumes, to oil service (see Daily GPI, April 29).
Multi-Well Pad Exploring Utica, Marcellus Targets
A multi-pad drilling project led by Magnum Hunter Resources Corp. to test Marcellus and Utica formations in southern Ohio may answer some of the lingering questions about the real resource potential of the Utica/Point Pleasant Shale.
Upstream Deals Fizzle in Second Quarter
There wasn’t a lot of wheeling and dealing in the upstream oil and gas industry during the second quarter, according to Evaluate Energy.
A Tale of Two Eastern River Basins: To Drill or Not to Drill
Pennsylvania Gov. Tom Corbett is urging the Delaware River Basin Commission (DRBC) to proceed with a proposal to revise water quality regulations, a move that could ultimately open the basin to expanded Marcellus Shale natural gas drilling.
Pennsylvania Landowners Threaten DRBC Lawsuit
A coalition of landowners in Wayne County, PA, is threatening to file a lawsuit against the Delaware River Basin Commission (DRBC) over a continuing delay in either enacting natural gas regulations in the basin or deferring regulation to its four member states (see related story).
Enviros Seek to Block Transco’s Leidy Southeast Expansion
A coalition of environmental groups led by the New Jersey Chapter of the Sierra Club has called on FERC to reject Transcontinental Gas Pipe Line Co. LLC’s (Transco) Leidy Southeast Expansion project, saying there is no homegrown demand for it.
Texas Eastern Offering Utica/Marcellus-Gulf Coast Capacity
Spectra Energy’s Texas Eastern Transmission LP is offering capacity on its Gulf Market Expansion Project, which would give Marcellus and Utica Shale gas access to growing Gulf Coast markets in Louisiana and Texas, including for future export of liquefied natural gas (LNG).
Pennsylvania Legislation Infuriates Leaseholders Group
A national organization that supports oil and gas leaseholders is furious that Pennsylvania legislators passed a bill that its members contend will weaken landowners’ ability to negotiate lease terms, and are urging people to contact Gov. Tom Corbett to get a veto.