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BG Group Recommitting to Global Exploration, LNG

BG Group strategy going forward will be to run with a simplified organization while improving operations and portfolio management. Exploration is at the “heart” of what BG Group does, Group Chief Executive Chris Finlayson said Tuesday. But global liquefied natural gas (LNG) also is crucial to growth, he said.

May 15, 2013

Forest’s Texas Three-Step Leans Toward Eagle Ford

Forest Oil Corp. continues to step up its activity in the Eagle Ford Shale of South Texas with the aid of a recently struck joint venture while it expands activity in the Texas Panhandle. East Texas results remain consistent and predictable, and the company is developing a new oil project in the area, said CEO Patrick R. McDonald.

May 9, 2013

LNG Exports to Bolster Gulf Storage Assets, Sempra Says

While reiterating that brownfield liquefied natural gas (LNG) export projects are likely to get U.S. regulatory approvals, Sempra Energy senior executives told financial analysts Thursday that the company’s natural gas storage infrastructure in the Gulf of Mexico (GOM) region is going to be more valuable when the export facilities start operating.

May 6, 2013

Increasing Power Generation Prompts NatGas Infrastructure Study

The Eastern Interconnection Planning Collaborative (EIPC) last week said that while it has completed a transmission analysis as part of an electric system transmission planning effort funded by the U.S. Department of Energy (DOE), the government agency has now asked the working group to look into whether domestic natural gas infrastructure is up to the challenges posed by increased gas-fired power generation.

May 6, 2013

Eastern Transmission Analyses Done; NatGas Infrastructure Study Ordered

The Eastern Interconnection Planning Collaborative (EIPC) on Monday said that while it has completed a transmission analyses as part of an electric system transmission planning effort funded by the U.S. Department of Energy (DOE), the government agency has now asked the working group to look into whether the country’s natural gas infrastructure is up to the challenges posed by increased gas-fired power generation.

April 30, 2013

Talks Aimed at Gas-Electric Coordination Go On and On

While natural gas and electric power market representatives wrangled over changes to better align operations of the two markets, a Boston-based industry veteran suggested solving the problem by allowing pipelines to return to their merchant function on a limited basis.

April 29, 2013

NatGas-Electric Coordination Talks Go On and On

While natural gas and electric power market representatives wrangled over changes to better align operations of the two markets, a Boston-based industry veteran suggested solving the problem by allowing pipelines to return to their merchant function on a limited basis.

April 29, 2013

Interior Chief Doesn’t See ‘One-Size-Fits-All’ Fracking Rule

Interior Secretary Sally Jewell, who is in her second week on the job, signaled Monday that new rules governing federal regulation of hydraulic fracturing (fracking) are imminent.

April 24, 2013

Natural Gas Drilling Continues Down in 1Q; Oil Completions Up

Natural gas drilling activity continued its downward slide during the first quarter, while oil well completions rose during the period, according to the American Petroleum Institute’s (API) quarterly well completion report issued this week.

April 18, 2013

SM Energy Sees Encouraging Results From Woodbine Test

SM Energy Co. is seeing encouraging results from a test well drilled in the Woodbine formation and has added about 10,000 net acres to its position on the northeastern edge of the Eagle Ford Shale in East Texas.

April 18, 2013