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.
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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.
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.
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.
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.
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.
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.
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.
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.
Gas: The Fuel of Choice, Increasingly in Liquefied Form
Global liquefied natural gas (LNG) supplies are tight and expected to remain so for a while as liquefaction projects in progress wrestle with delays and those being planned face an environment of escalating costs. However, there’s plenty of gas to liquefy in Australia, the United States (thank you, shales) and elsewhere. And there’s growing demand as gas is becoming the “fuel of choice” around the world.