Audi AG held a topping-out ceremony recently for a new plant in Germany that will be the world’s first manufacturing facility for producing synthetic methane, or “e-gas,” along with renewable electricity. The facility is scheduled to begin operations early in 2013 and begin feeding e-gas into the local natural gas distribution network by summer.
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Carrizo Has Record-Setting Quarter
Houston-based Carrizo Oil & Gas Inc. posted records during the first quarter for natural gas, natural gas liquids (NGL) and oil production as well as chart-topping revenue, largely thanks to the Eagle Ford Shale of South Texas and the Barnett Shale in North Texas. Meanwhile, Marcellus Shale activities are ramping up.
FERC: Pipe Construction Exceeds Last Year; Storage Lags
Topping FERC’s list of pipeline projects that went into service in October were National Fuel Gas Supply’s and Tennessee Gas Pipeline’s Marcellus Shale-related expansions. A new lateral in Illinois also was placed into service, and two expansion projects were approved by the Federal Energy Regulatory Commission, according to the latest energy infrastructure update.
ETE Raises Southern Union Bid by 25 Cents/Share
The tug-of-war being played out for Southern Union Co. continued on Tuesday with Energy Transfer Equity LP (ETE) topping by 25 cents a $44/share offer by Williams. The $9.4 billion bid is the second time ETE has countered Williams’ offers for the Houston-based gas pipeline company.
BP Output Jumps Partly on Deepwater GOM Increases
BP plc in the first three months posted its biggest year/year increase in oil and natural gas production in almost four years, topping 4 million boe/d, CEO Tony Hayward said Thursday.
BP Credits Deepwater GOM for Part of Output Gains
BP plc in the first three months posted its biggest year/year increase in oil and natural gas production in almost four years, topping 4 million boe/d, CEO Tony Hayward said Thursday.
Governors, Clinton-Era Officials in Running for Interior
A crowded field of former and existing western governors and former Clinton-era officials are topping the list of candidates being mentioned for secretary of the Interior Department in an Obama administration.
Governors, Clinton-Era Officials in Running for Interior
A number of former and existing western governors and former Clinton-era officials are topping the list of candidates being mentioned for secretary of the Interior Department in an Obama administration.
Senate GOP, Dems to Duel over Expanded Domestic Exploration
With crude oil now topping $115/bbl and natural gas prices pressing $11/Mcf, U.S. Sen. Pete Domenici (R-NM) and 19 Republican cosponsors are backing legislation to dramatically increase domestic production of oil and natural gas through the unlocking of restricted territories for exploration.
Senate GOP, Dems to Duel over Expanded Domestic Exploration
With crude oil now topping $115/bbl and natural gas prices pressing $11/Mcf, U.S. Sen. Pete Domenici (R-NM) and 19 Republican cosponsors are backing legislation to dramatically increase domestic production of oil and natural gas through the unlocking of restricted territories for exploration.