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Valero Looks to Build Mega-Methanol Plant Fueled by Shale

Valero Looks to Build Mega-Methanol Plant Fueled by Shale

Valero Energy Corp. is planning to make its first big splash in the petrochemicals market by constructing a $700 million methanol plant on the same site in St. Charles Parish, LA, where its transportation fuel refinery is located.

July 17, 2013

Connecticut Natural Gas Pipeline, Distribution to be Expanded

Connecticut Gov. Dannel Malloy has signed legislation that would expand the state’s natural gas distribution system at the same time as a planned expansion of Algonquin Gas Transmission will increase supply access to New England.

July 15, 2013

Ohio NatGas Power Plant Planned; Two Pennsylvania Coal Plants Closing

Advanced Power North America, a subsidiary of Switzerland’s Advanced Power AG, said it plans to build a 700 MW power plant fueled by natural gas in Carroll County, OH, an $800 million project in the heart of the Utica Shale.

July 12, 2013

Tight Oil, Liquids Boost U.S. Upstream Spending in 2012

Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.

June 6, 2013

U.S. Natural Gas Exports Continue to Climb

U.S. exports to Canada set their sixth record high in as many years, increasing by 3.6% at the same time Canadian exports to the United States continued on a downward trajectory, dropping by 4.7%.

April 29, 2013

U.S. Natural Gas Exports Continue to Climb

U.S. exports to Canada set their sixth record high in as many years, increasing by 3.6% at the same time Canadian exports to the United States continued on a downward trajectory, dropping by 4.7%.

April 26, 2013
Eagle Ford Oil Production Hits New High

Eagle Ford Oil Production Hits New High

Crude oil production from the Eagle Ford Shale of South Texas was up by 74% in February compared with a year ago, reaching an all-time high of 471,258 b/d from the nine fields that comprise the majority of the play, according preliminary data from the Railroad Commission of Texas (RRC).

April 24, 2013

Continental Resources Railing Bakken Crude East

Crude oil from the Bakken Shale will be Delaware-bound under an agreement between leading Bakken producer Continental Resources Inc. and PBF Energy Inc. Crude is to be delivered by rail to PBF’s double-loop track at its refinery in Delaware City.

April 12, 2013

Chevron’s U.S. Natural Gas Volumes, Prices Rise; Oil Declines

Chevron Corp. increased its natural gas output in the first two months of 2013 at the same time it was collecting higher gas prices than it did a year ago.

April 12, 2013

California Fracking Draws Boost from Governor, Study

As a formal set of proposed rules on hydraulic fracturing (fracking) moves through preliminary public review in California, Gov. Jerry Brown last Wednesday expressed confidence that his state’s oil and gas regulators would apply “science and common sense” to frack regulations.

March 19, 2013
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