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Total Gas & Power Ltd. has signed a deal to sell to South Korea’s Korea Gas Corp. (Kogas) 0.7 million metric tons per year of liquefied natural gas (LNG) for 20 years from the planned Sabine Pass LNG export terminal in Louisiana.

There are no detectable concentrations of natural gas or chemicals and no elevated radiation in the area of a swampy sinkhole in South Louisiana, according to a recent aerial survey, the Environmental Protection Agency (EPA) told Louisiana officials. However, the sinkhole is requiring a natural gas pipeline operator to relocate facilities.

There are no detectable concentrations of natural gas or chemicals and no elevated radiation in the area of a swampy sinkhole in South Louisiana, according to a recent aerial survey, the Environmental Protection Agency (EPA) told Louisiana officials. However, the sinkhole is requiring a natural gas pipeline operator to relocate facilities.

Crude oil production from the Eagle Ford Shale of South Texas has overtaken gas production, which is increasing the shale’s profitability, a recent analysis of the play has found.

Growth of crude oil production from the Eagle Ford Shale in South Texas has Corpus Christi, TX-based Flint Hills Resources considering a $250 million expansion of its West Refinery.

The center of Tropical Storm Isaac, the ninth named storm of the 2012 hurricane season, was moving west-northwestward and was south-southwest of Puerto Rico late Thursday afternoon and was expected to approach Florida’s southwestern coast by Monday morning, the National Hurricane Center (NHC) said.

With the natural gas price slump now being measured in terms of years instead of months, producers continue to pull rigs from dry gas unconventional plays to pursue oil targets, according to NGI’s Shale Daily Unconventional Rig Count.

The Commonwealth of Pennsylvania is asking the state Supreme Court to expedite its appeal of an appellate court ruling that said portions of Act 13, the state’s new omnibus Marcellus Shale law, are unconstitutional.

Braskem America on Wednesday agreed to take over some of the petrochemical operations at the old Sunoco Marcus Hook Industrial Complex south of Philadelphia with a $56 million infusion and another $15 million in state support that preserves more than 100 jobs and creates at least 28 more.