Plains All American Pipeline LP’s Plains Gas Solutions experienced a fire Saturday at its Basile gas processing facility near Eunice, LA. One employee was injured and is in stable condition at an area hospital. The cause, extent of the damage and time required to repair the facility are not yet known. The Basile Plant is a 150 MMcf/d cryogenic processing facility. Neither the operation of the Basile Plant nor the fire have any impact on the operations at PAA Natural Gas Storage’s Pine Prairie facility, located nearby, Plains said. Additionally, there is no impact to area gas producers, third-party gas processing facilities or natural gas pipelines.
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Articles from Stable
S&P: Supply to Set Direction for 2012 Gas Prices
Despite a lukewarm economic recovery and a higher risk of recession, the credit quality for the U.S. oil and gas sector should remain relatively stable in 2012, according to an industry report card by Standard & Poor’s (S&P).
October 31, 2011
S&P: Supply to Set Direction for 2012 Gas Prices
Despite a lukewarm economic recovery and a higher risk of recession, the credit quality for the U.S. oil and gas sector should remain relatively stable in 2012, according to an industry report card by Standard & Poor’s (S&P).
October 25, 2011
U.S.-Canada Gas Trade Recovers from Economic Meltdown
After severe setbacks in the 2008-2009 financial and industrial contraction, North American natural gas trade has settled into a new pattern of stable-to-growing volumes with northbound flows from the United States into Canada on the rise, the U.S. Department of Energy said.
October 24, 2011
Data Show U.S.-Canada Gas Trade Recovering from Economic Meltdown
After severe setbacks in the 2008-2009 financial and industrial contraction, North American natural gas trade has settled into a new pattern of stable-to-growing volumes with northbound flows from the United States into Canada on the rise, the U.S. Department of Energy said.
October 24, 2011
Northwest Gas Supply, Prices Anemic
While uncertainty and volatility may lurk just around the corner, short-term natural gas supplies, demand and prices should remain stable in the water-dominated Pacific Northwest, stakeholders told the Oregon Public Utility Commission (PUC) last Wednesday.
August 8, 2011
Northwest Gas Supply, Prices Seen to Be Stable
While uncertainty and volatility may lurk just around the corner, for short-term natural gas supplies, demand and prices should remain stable in the water-dominated Pacific Northwest, stakeholders told the Oregon Public Utility Commission (PUC) on Wednesday.
August 5, 2011
PG&E Troubles Percolate on Pipe Aftermath
Even with strong financials and a stable stock price, San Francisco-based Pacific Gas and Electric Co. (PG&E) and its parent company, PG&E Corp., seem to run into trouble around every corner, and at the end of April it was looking for a new CEO and trying to regain the intangible of public trust.
May 2, 2011
Noble’s Outlook Cut on GOM Uncertainty
Standard & Poor’s Ratings Services (S&P) lowered its outlook on Noble Corp. to “negative” from “stable” and affirmed its “A-” long-term corporate credit rating on the drilling company. The ratings agency expressed concern for weakening credit metrics due to delays in permitting wells in the U.S. Gulf of Mexico (GOM).
December 29, 2010
EOG Shift to NGLs, Oil Risky, Says Moody’s
Moody’s Investors Service last week changed its rating outlook for Houston’s EOG Resources Inc. to “negative” from “stable” because of the producer’s plans to aggressively transform itself from a natural gas-weighted producer to one more weighted to natural gas liquids (NGL) and oil.
November 22, 2010
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