Revenue

Natural gas drilling in West Virginia’s Marcellus Shale already has enriched the state through new jobs and more revenue and is on track to create up to 20,000 jobs by 2015, according to a study by West Virginia University’s Bureau of Business and Economic Research (BBER).

After months of extolling the potential of the Utica Shale to bring jobs and revenue to Quebec, provincial officials on Friday changed course, warning that natural gas development may not be allowed to proceed.

After months of extolling the potential of the Utica Shale to bring jobs and revenue to Quebec, provincial officials on Friday changed course, warning that natural gas development may not be allowed to proceed.

In the first approval of its kind in the state, the Ohio Environmental Protection Agency (OEPA) last week signed off on a request bythe city of Warren, OH, to accept pre-treated natural gas well wastewater.

A Pacific Northwest business-labor coalition asked the federal Internal Revenue Service (IRS) last Tuesday to examine the nonprofit, tax-exempt status of the environmental organization Columbia Riverkeepers (CRK) for allegedly working covertly in a recent anti-liquefied natural gas (LNG) local election. Energy Action Northwest filed a complaint against CRK and asked the IRS to launch an investigation.

A Pacific Northwest business-labor coalition asked the federal Internal Revenue Service (IRS) Tuesday to examine the nonprofit, tax-exempt status of the environmental organization Columbia Riverkeeper (CRK) for allegedly working covertly in a recent anti-liquefied natural gas (LNG) local election. Energy Action Northwest filed a complaint against CRK and asked the IRS to launch an investigation.

Enterprise Products Partners LP and Duncan Energy Partners LP said late Tuesday their Acadian Gas LLC subsidiary will extend its Louisiana intrastate pipeline into northwest Louisiana to give Haynesville Shale producers expanded access to markets via Acadian’s existing 1,000-mile system in South Louisiana and connections to nine major interstate pipelines.

Canadian exporters scored an 18.7% revenue gain in the last natural gas contract year. But the period also ushered in a pronounced downturn in the volume of trade with the United States. Improved prices accounted for virtually all of the increase in the total value of Canadian gas exports in the 12 months that ended Oct. 31, show records kept by the National Energy Board (NEB).

Canadian exporters scored an 18.7% revenue gain in the last natural gas contract year. But the period also ushered in a pronounced downturn in the volume of trade with the United States. Improved prices accounted for virtually all of the increase in the total value of Canadian gas exports in the 12 months that ended Oct. 31, show records kept by the National Energy Board (NEB).