Select

SteelRiver Infrastructure Partners, owner of Peoples Natural Gas, is acquiring Equitable Gas Co. LLC from EQT Corp. in exchange for $720 million and “select midstream assets and commercial arrangements” in the Marcellus Shale region, the companies said Thursday.

State and local air permitting authorities should select the best available greenhouse gas (GHG) emission reduction option for their own circumstances, according to the U.S. Environmental Protection Agency (EPA), which said it anticipates that the most cost effective option in most cases will be energy efficiency.

State and local air permitting authorities should select the best available greenhouse gas (GHG) emission reduction option for their own circumstances, according to the U.S. Environmental Protection Agency (EPA), which said it anticipates that the most cost effective option in most cases will be energy efficiency.

Members of the Marcellus Shale Coalition (MSC) already have begun to implement a set of proposed rules by the Pennsylvania Environmental Quality Board (EQB) that, when finalized, will govern how gas wells should be constructed, the executive director told Shale Daily on Thursday.

El Paso Corp.’s exploration and production (E&P) unit may have downsized in the past few years, but its U.S. focus on natural gas shales and select coalbed methane (CBM) plays is beginning to bear fruit, executives said Thursday.

Mexico’s state oil monopoly Petroleos Mexicanos (Pemex), which will select its first 10 multiple-service contracts following bidding in November for natural gas projects onshore and offshore, expects the companies that participate to obtain internal rates of return as high as 15%, according to an executive with the Mexican oil and gas company.

A draft bill in the Senate would give federal regulators the power to select a “registered futures association” to uncover and investigate abuses of rules for trading of over-the-counter (OTC) energy derivatives, and would significantly raise civil and criminal penalties for violators.

Mexico’s state oil monopoly Petroleos Mexicanos (Pemex), which will select its first 10 multiple-service contracts following bidding in November for natural gas projects onshore and offshore, expects the companies that participate to obtain internal rates of return as high as 15%, according to an executive with the Mexican oil and gas company.

Coal is out; natural gas and windmills are in, according to recommendations by the Ontario government’s Select Committee on Alternative Fuel Sources, which called for a new provincial Renewable Portfolio Standard (RPS) that will be among the most aggressive in North America.