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New Jersey OKs $10M for CNG Fueling Expansion

New Jersey regulators on Monday approved a $10 million pilot program by New Jersey Natural Gas (NJNG) to add up to seven compressed natural gas (CNG) fueling stations in the next 12 months, which would give the state a total of 10 public fueling stations.

June 20, 2012

New Chesapeake Chairman to Take Reins This Week

Aubrey McClendon, who has run Chesapeake Energy Corp. and helmed the board of directors since he co-founded the company in 1989, officially will step down as chairman of the board at some point this week.

June 18, 2012

Kinder’s New Eagle Ford Crude Pipeline Enters Service

Kinder Morgan Energy Partners LP’s (KMP) Crude/Condensate pipeline (KMCC) has entered service, carrying crude oil and condensate from the Eagle Ford Shale of South Texas to the Houston Ship Channel.

June 15, 2012

Industry Brief

Dallas-based natural gas vehicle (NGV) conversion company BAF Technologies has acquired Michigan-based automotive emissions control company ServoTech Engineering Inc., which will continue to operate under its current president as a BAF subsidiary. Terms of the acquisition were not released. Headed by Hamid Servati, ServoTech is a Ford Motor Co.-qualified calibration modifier. BAF was the first compressed natural gas converter recognized as Ford-qualified. ServoTech’s relationship with Ford should support BAF in developing engine calibrations more efficiently, enabling it ultimately to receive California and federal air quality approvals faster than in the past, according to BAF President John Bacon. BAF is a wholly owned subsidiary of Clean Energy Fuels Corp., a provider of fueling infrastructure and natural gas for NGVs.

June 12, 2012

Halliburton Operations in Sticky Situation

North American margins for Halliburton Co. likely have been impacted “more than anticipated” in the second quarter because of the increased cost of guar gum, an additive used in hydraulic fracturing fluids, the oilfield services company said late Wednesday.

June 8, 2012

Industry Briefs

The nation’s energy capital will get a little bigger in the coming years as Irving, TX-based ExxonMobil Corp. expands its Houston campus, which is under development, to accommodate employees it will relocate from Fairfax, VA, and Akron, OH. Affected will be the Fairfax offices of ExxonMobil Refining and Supply Co.; ExxonMobil Research and Engineering Co.; ExxonMobil Fuels, Lubricants & Specialties Marketing Co.; the Akron-based employees of ExxonMobil Chemical Co.; and select positions from ExxonMobil Research and Engineering Co. and ExxonMobil Chemical Co. now at the company’s Baytown, TX, refinery complex. The new campus will have multiple low-rise office buildings, laboratory, conference and training centers and facilities such as child care, a wellness center and other amenities. Construction began in 2011 at the 385-acre wooded site near the intersection of I-45 and the Hardy Toll Road. The facility will accommodate about 10,000 employees who will move to the new campus in phases beginning in early 2014. Full occupancy for employees is expected by 2015.

June 8, 2012

PG&E Reports, Pledges to Fix Corrosion Prevention System

Pacific Gas and Electric Co. (PG&E) on Tuesday voluntarily reported to California regulators 180 instances in which parts of its natural gas transmission pipeline system were in violation of requirements related to cathodic protection to help prevent pipe deterioration and leaks.

June 7, 2012

BP Plans Sale of Lucrative TNK-BP Stake

BP plc officials said Friday they intend to sell the company’s lucrative stake in TNK-BP, which is owned equally with Russia’s Alfa Access Renova (AAR), a group of Russian billionaires.

June 4, 2012

Report: EPA’s Pennsylvania Water Samples Show No Impact from Fracking

A private firm hired by Chesapeake Energy Corp. has determined that drinking water sources tested by the U.S. Environmental Protection Agency (EPA) in Bradford County, PA, show no signs of any adverse impact from Marcellus Shale operations.

May 30, 2012

MDU Pays $66M for Stake in Whiting’s Bakken Midstream Assets

MDU Resources Group Inc., which has five rigs in operation in the Bakken Shale and holds 124,000 net leasehold acres in the play, said subsidiary Bitter Creek Pipelines LLC has paid $66 million for a 50% interest in Whiting Oil and Gas Corp.’s natural gas and oil midstream assets near Belfield, ND.

May 23, 2012
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