Organizers at a meeting in early June in Indonesia will be reviewing the beta testing of an international natural gas database expected to be launched to the public later this year. About 70 countries representing about 75% of global natural gas supply and demand are currently submitting data to the JODI-Gas (Joint Organizations Data Initiative) database on a monthly basis. JODI-Gas joins JODI-Oil, which has been in operation for 10 years providing information on oil production, consumption and trade movements. The database initiative is designed to increase transparency of oil and gas supply and demand. The agenda at the Third Gas Data Transparency Conference June 4-5 in Indonesia will also involve an expert review of the final draft of the JODI-Gas Training Manual, and establishing a timeline for the public launch the JODI-Gas database later this year. Organizations involved in the data and transparency initiative include the International Energy Forum, Eurostat, the International Energy Agency, the Organization of Petroleum Exporting Countries, the Latin American Energy Organization, Asia-Pacific Economic Cooperation, and the United Nations statistics division.
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ConocoPhillips Prepares Chukchi Prospect
The Interior Department’s Bureau of Ocean Energy Management (BOEM) is reviewing an exploration plan by ConocoPhillips that if approved may allow the producer to begin drilling offshore Alaska in the Chukchi Sea in 2014. However, the proposal may be stymied by issues that Interior found in Royal Dutch Shell plc’s inaugural drilling program.
ConocoPhillips Alaska Prepares Chukchi Prospect
The Interior Department’s Bureau of Ocean Energy Management (BOEM) is reviewing an exploration plan by ConocoPhillips that if approved may allow the producer to begin drilling offshore Alaska in the Chukchi Sea in 2014.
Pennsylvania DEP Paves Way for Use of Acid Mine Water in Fracking
The Pennsylvania Department of Environmental Protection has finalized the process it will use for encouraging and reviewing proposals to use mine-influenced water, such as acid mine drainage, in oil and gas extraction operations from shale formations.
Volume of Comments Pushes Fracking Rule to 2013
Don’t expect the Department of Interior to come out with a final rule addressing hydraulic fracturing (fracking) on public lands before the end of the year, said an official representing exploration and production interests in the West.
Pennsylvania DEP Removes Obstacle to Recycling Drilling Wastewater
The Pennsylvania Department of Environmental Protection (DEP) is consolidating three of its wastewater permits to encourage liquid waste recycling from oil and natural gas drilling, and to reduce water withdrawals.
CME Clearing in ‘Strong Financial Position’ After MF Global Bankruptcy
After reviewing orders from bankrupt securities firm MF Global Holdings Ltd., CME Clearing, a trading arm of CME Group, said it was holding “substantial excess margin collateral” and continued to be in a “strong financial position” with respect to MF Global and in general.
Chesapeake Objects to Corps of Engineers’ Pipeline Rules
Changes to the U.S. Army Corps of Engineers’ (USACE) methods of reviewing and permitting natural gas pipelines in Pennsylvania, which were instituted by the Corps July 1, will result in “substantial delays” in pipeline construction in the state’s Marcellus Shale area, according to David Spigelmyer, Chesapeake Energy vice president of government relations.
API Head: Fracking Subcommittee Needs Industry Perspective
The American Petroleum Institute (API) has joined a chorus of critics calling for greater oil and natural gas industry representation on a federal panel charged with reviewing the hydraulic fracturing (fracking) used to develop shale gas.
API Head: Fracking Subcommittee Needs Industry Perspective
The American Petroleum Institute (API) has joined a chorus of critics calling for greater oil and natural gas industry representation on a federal panel charged with reviewing the hydraulic fracturing (fracking) used to develop shale gas.
