Venture

A number of small oilfields in Ventura County, CA, remained shut in Friday as the Thomas Firespread into Ojai and the unincorporated areas surrounding the city of Ventura, with major producer Aera Energy LLC closing down all of its operations.

Italian energy company Edison SpA has agreed to buy 1 million tonnes/annum (mtpa) of liquefied natural gas (LNG) from the Calcasieu Pass LNG export facility, which Venture Global is developing in Cameron Parish, LA.

Venture Global LNG said Wednesday it will proceed with construction of its proposed $8.5 billion liquefied natural gas (LNG) export terminal in Plaquemines Parish, LA.

Physical gas for Tuesday delivery gained ground Monday as a strong screen and firm pricing in the East, Gulf and Midwest were able to overcome softer pricing in the Midcontinent and California.

Physical gas for Tuesday delivery gained ground Monday as a strong screen and firm pricing in the East, Gulf and Midwest were able to overcome softer pricing in the Midcontinent and California.

Venture Global Plaquemines LNG LLC has applied for free trade agreement (FTA) and non-FTA authorization to export liquefied natural gas (LNG) from its proposed terminal on the Mississippi River in Plaquemines Parish, LA.

Dynegy Inc. and Energy Capital Partners, through a newly formed joint venture, will buy ENGIE’s fossil portfolio, including 8,731 MW of generation capacity in the ERCOT, PJM and ISO-New England footprints, for $3.3 billion, a deal that would increase Dynegy’s natural gas and combined cycle fleet, the companies said Thursday.

Repsol is divesting a portion of its stake in the Eagle Ford Shale in an asset swap with Norway’s Statoil in which the former will acquire a 15% stake in a Norwegian field.

Range Resources Corp. CEO Jeffrey Ventura said Wednesday at the DUG East Conference in Pittsburgh that his company is on track to soon begin drilling southwest Pennsylvania’s first unconventional Utica/Point Pleasant Shale well.