Hess Corp. said Wednesday it plans to spend $6.8 billion on capital expenditures (capex) in 2013, with the largest share — $2.7 billion, or 40% of the exploration and production (E&P) budget of $6.7 billion — devoted to unconventional resources.
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Keystone XL Pipeline Rerouting in Nebraska Still Finds Detractors
As a study emerged Monday in Canada raising public health concerns about oilsands, groups long opposed to TransCanada Corp.’s Keystone XL oil pipeline blasted a report released Friday evaluating a rerouting of the oilsands-linked pipeline in Nebraska by the state’s Department of Environmental Quality (DEQ).
Idaho Regulators OK Avista Low-Growth Gas Plan
The Idaho Public Utilities Commission (PUC) has accepted Avista Utilities’ long-term integrated resource plan (IRP) in which shale gas-driven low prices and abundant supplies dominant the next 20 years. Customer demand is projected to grow at slightly more than 1% during the period.
California Environmental Group Sounds Anti-Fracking Warning
California’s preliminary state agency-drafted rules for hydraulic fracturing (fracking) have been targeted by the Environmental Working Group (EWG), which has criticized state regulators as being in “denial” of potential harmful environmental impacts of fracking.
Canada OKs Nexen-CNOOC Deal
Late Friday the government of Canada gave its nod to the deal, which has shareholder approvals but needs OKs from the U.S. and British governments.
NTSB to Send Damaged Columbia Gas Pipe to Washington
The National Transportation Safety Board (NTSB) said it will begin packing up the section of the Columbia Gas Transmission pipeline that was damaged in the Tuesday blast in West Virginia for it to be sent to its headquarters in Washington, DC, for closer scrutiny.
Most EQT Spending, Drilling in 2013 Will Target Marcellus
EQT Corp. plans to spend $1.5 billion on capital expenditures (capex), drill more than 170 wells and invest $320 million in midstream projects in 2013, according to the company’s operational forecast released Tuesday.
Oneok Partners Seeks Oversight Clarity on Bushton, KS, NGL Plant
In an effort to determine which government agency has oversight authority for the Bushton, KS, natural gas liquids (NGL) fractionation plant, three subsidiaries of Oneok Partners LP have filed a declaratory judgment action in federal District Court in Tulsa, OK, seeking a ruling on the jurisdictional limits of the Pipeline and Hazardous Materials Safety Administration (PHMSA).
Westport Touts LNG Truck Tank Advances
A technologically advanced fuel tank for liquefied natural gas (LNG) trucks was unveiled Monday by British Columbia-based Westport Innovations Inc., which claims its latest advances allow fueling for even the largest LNG vehicles on a single tank with expanded range.
EmKey Acquires NatGas Pipeline Route in New York
A subsidiary of EmKey Energy LLC has acquired the rights to a 75-mile right-of-way (ROW) through three counties in New York’s Southern Tier, in the heart of the state’s portions of the Marcellus and Utica shales.