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Valero Looks to Build Mega-Methanol Plant Fueled by Shale

Valero Looks to Build Mega-Methanol Plant Fueled by Shale

Valero Energy Corp. is planning to make its first big splash in the petrochemicals market by constructing a $700 million methanol plant on the same site in St. Charles Parish, LA, where its transportation fuel refinery is located.

July 17, 2013

Petronas, Indian Oil Said to Be in Montney Shale Talks

Malaysia national oil and gas company Petronas (Petroliam Nasional Berhad) is in negotiations to sell a 10% stake in Canadian shale properties it acquired last year to the state-owned Indian Oil Corp. Ltd. (IOC).

July 11, 2013

Fuel-Switching Drove CO2 Emissions to Nearly 20-Year Low

Energy-related carbon dioxide (CO2) emissions last year were the lowest in the United States since 1994 at 5.3 billion metric tons due to the increasing reliance on lower-priced natural gas to fuel power generation, according to the Energy Information Administration (EIA). With the exception of 2010, carbon emissions have declined every year since 2007.

April 8, 2013

Shell Investing Big in China’s Unconventional Gas

Royal Dutch Shell plc plans to invest a minimum of $1 billion a year in unconventional natural gas exploration in China, the producer’s top China executive said this week.

August 23, 2012

North Dakota Delays Flaring-Fertilizer Project Decision

The North Dakota Industrial Commission on Monday delayed for further study a decision on a $1.1 million state grant for a pilot project to turn flared natural gas in the Bakken Shale into fertilizer for the state’s farming industry. The three-member commission of elected officials, including the governor, wants more study of the project’s feasibility.

August 22, 2012

API, IPAA Rip Source Performance Standards for Fractured Wells

Two Washington, DC-based groups representing oil and gas producers have protested the U.S. Environmental Protection Agency’s (EPA) final new source performance standards, which are aimed at restricting volatile organic compounds (VOCs) and sulfur dioxide emissions from onshore natural gas operations, including hydraulically fractured (fracked) wells. One of the groups is seeking a stay of the EPA’s action.

August 20, 2012

Authorization Sought for Alaska LNG Export

The Alaska Gasline Port Authority (AGPA) is seeking authorization to export up to 2.5 Bcf/d (19 million metric tons per year) of liquefied natural gas (LNG) over a 25-year term to countries along the Asian-Pacific Rim with which the United States has or establishes a free trade agreement (FTA).

July 23, 2012

Authorization Sought for Alaska LNG Export

The Alaska Gasline Port Authority (AGPA) is seeking authorization to export up to 2.5 Bcf/d (19 million metric tons per year) of liquefied natural gas (LNG) over a 25-year term to countries along the Asian-Pacific Rim with which the United States has or establishes a free trade agreement (FTA).

July 19, 2012

Environmental Group Slams FERC on LNG Exports Review

Looking for a back door into the dispute over exports of liquefied natural gas (LNG), the Sierra Club has attacked FERC’s environmental review of the proposed Sabine Pass Liquefaction LLC facilities, saying it failed to consider the impact on shale development and domestic gas prices.

February 2, 2012

Gas Prices Holding Down Consol’s Marcellus Build-Up

Consol Energy Inc. has reduced a planned build-up of its horizontal rig fleet in the Marcellus Shale due to low natural gas prices, the Appalachian Basin player said Thursday.

January 31, 2011
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