Services

Schlumberger CEO Warns of Mounting Pressure on North American E&Ps to Build Cash Flow, Profits

Schlumberger Ltd. CEO Paal Kibsgaard said this week the North American exploration and production (E&P) sector is facing mounting pressure to build free cash flow and profitability, even as it bucks up against stable oil and natural gas prices that “potentially remain range-bound for some time to come.”

June 26, 2014

Numerous NatGas Pipelines Coming to New England

Although New England faces a host of natural gas transmission and storage challenges, many projects are in various stages of development in the region, according to a panel of energy industry executives.

June 20, 2014

NGP Lays Down More Equity to Create U.S. Onshore Oilfield Services Operator

Private equity from Natural Gas Partners (NGP) is going into yet another new U.S. onshore firm, the latest an oilfield services operator led by a former top executive for Weatherford International.

June 12, 2014

Ontario Utilities, Fertilizer Manufacturers Seek Fast-Track for More U.S. Shale Gas Imports

A C$2.3 billion (US$2.1 billion) and growing lineup of pipeline and industrial projects has formed in Ontario and Quebec for further increases in Canadian imports of shale gas from the eastern United States.

April 17, 2014

Trunkline Gas Service Whittled Away to Serve Oil

FERC on Thursday reinforced its decision of last fall to allow Trunkline Gas Co. to convert a looped portion of its 770-mile natural gas line from the Gulf of Mexico to Michigan to use as an oil pipeline, saying the remaining loops were adequate to handle its firm gas service (see Daily GPI, Nov. 8, 2013).

April 17, 2014

DC Gives Conditional OK to Replace Old NatGas Pipelines

The Public Service Commission of the District of Columbia (PSC) has given Washington Gas Light Co., a subsidiary of WGL Holdings Inc., conditional approval to implement the first five years of a 40-year plan to replace aging, corroded or leaking natural gas pipelines under the nation's capital.

April 3, 2014

NW Natural Gets OK to Offer CNG Service to Fleets

The Oregon Public Utility Commission (PUC) on Wednesday approved Portland-based NW Natural’s proposal to offer compressed natural gas (CNG) services for the first time. The service is restricted to business vehicle fleets.

January 16, 2014

Regulators Give Thumbs-Up to Vermont Gas Expansion Project

State regulators have approved an application from Vermont Gas Systems (VGS) for Phase 1 of its Addison Rutland Natural Gas Project (ANGP), which would extend service to the towns of Monkton, Ferrisburgh, Vergennes, New Haven, Bristol, Middlebury and East Middlebury in Addison County, the South Burlington, VT-based utility said.

December 26, 2013

FERC OKs Rate Hike for Tetco’s New Jersey-New York Expansion

The rate hike reflects the larger-than-expected first-year total cost of service of $250.2 million for the expansion, which is expected to go into service on Nov. 1.

October 8, 2013

New England Getting on Gas Grid, One Town at a Time

Towns across the region continue to push for connection to the natural gas grid.

October 8, 2013