Standard

S&P Cuts Gas Price Assumption on Abundance

Standard & Poor’s Ratings Services (S&P) has revised its natural gas pricing assumptions downward for 2012 and 2013 and added its oil and natural gas price assumptions for 2014.

November 17, 2011

EQT Interested in Midstream Partnership

EQT Corp. plans to stay in the midstream business, but not on its own.

November 1, 2011

Study: Pennsylvania Wells Contaminated Before Drilling

A new study of private water wells in rural Pennsylvania found 20% to be contaminated with methane before Marcellus operations began nearby, but also found increased bromide levels that could be the result of natural gas drilling.

October 28, 2011

OGE Gas Pipeline Unit Downgraded by S&P

Citing a bigger stake taken by a private investment firm, Standard & Poor’s Ratings Services (S&P) Tuesday lowered by two notches the credit rating of a midstream natural gas pipeline subsidiary of Oklahoma-based OGE Energy Corp. The rating for Enogex LLC was further separated from the diversified utility holding company, OGE.

October 26, 2011

Best Shale Practices Can Keep Feds At Bay, Dorgan Says

The federal government isn’t planning a “full court press” on the natural gas industry, but it will if best management practices and state regulations aren’t effective, a former U.S. senator told an audience in Pittsburgh Tuesday.

October 5, 2011

Northern Border Credit Rating Downgraded to ‘BBB+’

Standard & Poor’s (S&P) Ratings Services said last Tuesday it was downgrading the credit rating of Northern Border Pipeline Co. (NBPL) from “A-” to “BBB+,” citing an oversupply of natural gas in the Midwest and concerns over expiring transportation contracts.

August 1, 2011

S&P Downgrades Northern Border to ‘BBB+’ Rating

Standard & Poor’s (S&P) Ratings Services said Tuesday it was downgrading the credit rating of Northern Border Pipeline Co. (NBPL) from “A-” to “BBB+,” citing an oversupply of natural gas in the Midwest and concerns over expiring transportation contracts.

July 27, 2011

Industry Touts Marcellus Impact; Critics Shrug

In what is becoming a standard give and take in Pennsylvania, the Marcellus Shale industry released a study last week showing how its economic importance in the state is growing and critics dismissed the findings as overstated.

July 25, 2011

BP’s Credit Outlook Upgraded to ‘Stable’

BP plc’s operating performance remains “satisfactory overall,” which merits a revised outlook to “stable” from “negative,” Standard & Poor’s Ratings Services (S&P) said Wednesday.

July 7, 2011

Edison CEO: Renewable Goal Tied to Gas, Transmission

Raising concerns of infrastructure and costs regarding the state’s 33% renewable portfolio standard (RPS) goal for 2020, Edison International CEO Ted Craver said last Monday his company’s utility is focusing on building new transmission and resolving the current uncertainty surrounding the state’s fleet of 20 coastal natural gas-fired generation plants. Craver made the comments in a first quarter earnings conference call with financial analysts.

May 9, 2011