Japan Petroleum Exploration (Japex) has agreed to take a 10% stake in the Western Canada natural gas development and production project and associated pipeline and liquefied natural gas (LNG) export projects of Progress Energy Canada Ltd.
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Japan’s Japex Takes Stake in BC Gas Resources, Export
Japan Petroleum Exploration (Japex) has agreed to take a 10% stake in the Western Canada natural gas development and production project and associated pipeline and liquefied natural gas (LNG) export projects of Progress Energy Canada Ltd.
Shell’s Repsol LNG Purchase Excludes Canaport
Royal Dutch Shell plc is acquiring part of Repsol SA’s liquefied natural gas (LNG) portfolio outside North America, in particular adding LNG capacity in the western Atlantic Basin from Atlantic LNG in Trinidad & Tobago, and in the East Pacific from Peru LNG. Not being sold is Repsol’s troubled Canaport LNG regasification terminal in Saint John, NB.
Repsol-Shell LNG Deal Excludes Canaport Terminal
Royal Dutch Shell plc is acquiring part of Repsol SA’s liquefied natural gas (LNG) portfolio outside North America, in particular adding LNG capacity in the western Atlantic Basin from Atlantic LNG in Trinidad & Tobago, and in the East Pacific from Peru LNG. Not being sold is Repsol’s troubled Canaport LNG regasification terminal in Saint John, NB.
ExxonMobil Output Slumps, Chevron’s Strengthens
ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday. Until natural gas prices are revived, the producer will direct most of North American unconventional spending on liquids and oil, the investor relations chief said Friday.
Gas Groups Urge Speaking as One to Fight Fracking Fears
Natural gas groups Wednesday said they were hopeful the Obama administration will provide a more cohesive energy policy during the president’s second term, at the same time urging various industry segments to speak to lawmakers and the public with one voice on hydraulic fracturing (fracking).
Tuscaloosa Trend Could ‘Make-or-Break’ in 2013
Analysts are keeping an eye on costs and production results from the still-emerging Tuscaloosa Marine Shale (TMS), but Amelia Resources LLC is going “100 mph” to market 47,300 net acres in the play, which management believes may hold a resource potential of more than 1 billion bbl.
Crestwood Midstream Takes More Control of Marcellus Operations
Crestwood Midstream Partners LP on Tuesday said it is building its foothold in the Marcellus Shale after wresting control of a natural gas partnership created last year.
Authority Takes Consol’s Lower Bid for Allegheny Airports Lease
The Allegheny County Airport Authority (ACAA), which runs Pittsburgh International Airport and Allegheny County Airport, has accepted the lower of two bids it received to drill Marcellus Shale natural gas wells on airport property.
Florida Pipeline to Tap Shale Gas
Florida Power & Light Co. (FPL) is preparing a request for proposals (RFP) to construct a two-segment pipeline to carry natural gas from Transco’s Station 85 in western Alabama to FPL’s Martin County Power Plant in southern Florida. If constructed, the pipeline would reduce Florida’s reliance on gas from the Gulf of Mexico.