Regulations that would restrict wastewater discharges from drilling operations in Pennsylvania’s Marcellus Shale area to a more stringent 500 milligrams per liter (mg/l) standard, while other new and expanded facilities in general use would be allowed discharges up to a threshold of 2,000 mg/l, may be on a fast track to approval.
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Futures Ignore TD Two; September Falls 10 Cents
When traders sat down at their screens Monday morning they were greeted with what should have been a market-moving event, but prices continued their downward spiral from last week. Tropical Depression Two surfaced overnight and caused some brief buying interest, but at the end of the day September settled down 10 cents to $3.541 and October shed 10.7 cents to $3.812. September crude oil fell $1.15 to $69.45/bbl.
British Columbia’s Gas Potential Piques BP’s Interest
The natural gas potential in British Columbia has been on the radar screens of producers for years, but BP plc appears ready to sink C$1 billion in the region to unlock coalbed methane (CBM) reserves using a process it developed at its successful Wamsutter project in Wyoming.
British Columbia’s Gas Potential Attracts BP, Others
The natural gas potential in British Columbia has been on the radar screens of producers for years, but BP plc appears ready to sink C$1 billion in the region to unlock coalbed methane (CBM) reserves using a process it developed at its successful Wamsutter project in Wyoming.
Mitsubishi Pushes for California LNG Terminal at Long Beach Harbor
Flying low under the normal local media and environmental radar screens, Japanese mega-conglomerate Mitsubishi is pushing ahead with preliminary plans for building a liquefied natural gas (LNG) receiving terminal along the Southern California coast in Long Beach Harbor on part of a former U.S. Naval Base. A local official connected to the Japanese giant said it is only a few months away from making formal federal energy and environmental filings.
Mitsubishi Pushes for California LNG Terminal at Long Beach Harbor
Flying low under the normal local media and environmental radar screens, Japanese mega-conglomerate Mitsubishi is pushing ahead with preliminary plans for building a liquefied natural gas (LNG) receiving terminal along the Southern California coast in Long Beach Harbor on part of a former U.S. Naval Base. A local official connected to the Japanese giant said it is only a few months away from making formal federal energy and environmental filings.