The integration of renewable power generation resources, whose outputs vary with the sun and wind, will have significant implications for natural gas and natural gas infrastructure, such as pipelines and storage, according to a new white paper by consultancy ICF International.
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Research Finds ‘Significant’ Role for Gas with Renewables
The integration of renewable power generation resources, whose outputs vary with the sun and wind, will have significant implications for natural gas and natural gas infrastructure, such as pipelines and storage, according to a new white paper by consultancy ICF International.
Yergin: For Energy, More Questions than Answers in 2012
IHS CERA chairman Daniel Yergin, whose expertise about all things energy has made him a go-to authority, said last week the world’s energy supply and demand picture is less clear today than it was a year ago.
Shale Gas, Oil Creating New World Order, Says IHS CERA’s Yergin
IHS CERA chairman Daniel Yergin, whose expertise about all things energy has made him a go-to authority, said Tuesday the world’s energy supply and demand picture is less clear today than it was a year ago.
BP Reaches ‘Operational Turning Point,’ Says CEO
BP plc CEO Bob Dudley said last week the company has reached an “operational turning point.”
UK Shale Formation Said to Possibly Rival U.S. Fields
A UK-based exploration company whose management team has unconventional exploration experience in the United States claims to have discovered a natural gas shale field near Blackpool, in Lancashire, England, that may rival rock in the United States.
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Andrew Fastow, whose ingenious off-the-book transactions as CFO of Enron Corp. enriched him while helping to precipitate one of the biggest corporate collapses in history, has been released to a community corrections facility in Houston until he completes his prison sentence in mid-December, according to the Federal Bureau of Prisons. Fastow, now 49, was facing 98 criminal charges but pleaded guilty to two criminal counts and agreed to testify for the government against his former colleagues (see Daily GPI, Sept. 27, 2006). His key testimony led to the convictions of several Enron executives, most notably founder Kenneth Lay and former CEO Jeffrey Skilling, who were convicted on numerous charges in 2006 (see Daily GPI, May 26, 2006). Skilling, convicted on 19 criminal counts, is scheduled to be released from federal prison in 2030; he is appealing. Lay was convicted on 10 criminal counts, but died before sentencing and the convictions were dismissed. Wife Lea Fastow, also a former Enron employee, served a one-year prison term; she continues to live in Houston with the couple’s two children.
Anadarko Onshore Fuels Record Sales
Anadarko Petroleum Corp., whose extensive Gulf of Mexico (GOM) operations were slammed by the deepwater drilling moratorium, dusted itself off in the first quarter and produced record sales volumes from its U.S. onshore and overseas operations.
Anadarko Onshore Fuels Record Sales Volumes
Anadarko Petroleum Corp., whose extensive Gulf of Mexico (GOM) operations were slammed by the deepwater drilling moratorium, dusted itself off in the first quarter and on Tuesday reported record sales volumes from its U.S. onshore and overseas operations.
Alta Resources, Blackstone Stalking Shale Investments
An affiliate of The Blackstone Group and Alta Resources LLC, whose partners include industry icon George P. Mitchell, said last week their newly formed Alta Energy Partners will invest up to $1 billion in North America’s unconventional natural gas and oil properties.