Stop

The Alberta government and natural gas producers are vowing to stop TransCanada Corp.’s Nova pipeline network from growing like a weed far beyond the province at their expense.

The decades-long, stop-and-start effort to commercialize Alaska North Slope natural gas has “fully shifted” to a liquefied natural gas (LNG) project, Gov. Sean Parnell said last Wednesday after receiving an update from the producer trio and pipeline company collaborating on a project, which they said could cost $65 billion or more.

In the current commodity price environment, the best thing about a natural gas rig might be that it can stop drilling for gas, move somewhere else and start drilling for oil. Put another way in a recent note by analysts at Goldman Sachs: “Where a rig is drilling is a more reliable indicator than its classification as a natural gas or oil rig in predicting if the well drilled will be a natural gas well or an oil well.”

The decades-long, stop-and-start effort to commercialize Alaska North Slope natural gas has “fully shifted” to a liquefied natural gas (LNG) project, Gov. Sean Parnell said Wednesday after receiving an update from the producer trio and pipeline company collaborating on a project, which they said could cost $65 billion or more.

In the current commodity price environment, the best thing about a natural gas rig might be that it can stop drilling for gas, move somewhere else and start drilling for oil.

Protesters aiming to “Stop the Frack Attack” were planning to hold a three-day meeting in the nation’s capital at the end of this week for obstructionist training sessions and lobbying of Congress, to be followed by a Saturday afternoon demonstration on the West Lawn of the Capitol.

State and federal agencies have asked Oklahoma exploration and production companies to stand down and stop their work for a brief period in response to a rise in the number of fatalities and injuries in the oil and natural gas fields in the state.

Texas natural gas producers are suing the City of Arlington, TX, to stop a recently enacted $2,400 per well annual fee on operators. The fee’s anticipated $781,450 annual revenue would fund the city’s “Natural Gas Well Preparedness and Response Plan,” which was adopted in March.

The Sierra Club said Thursday a legacy agreement between it and a previous owner of the Cove Point LNG terminal site in Maryland will stop current owner Dominion from adding liquefaction and export facilities. However, during an earnings conference call Dominion CEO Thomas Farrell said the project is on track despite what the environmental group claims.