While this is “out of my area of expertise, I think…it’s inevitable that natural gas is going to be a world commodity, and that because of very substantial price differentials between the price in this country and the prices in Europe and Asia it will happen,” FERC Chairman Jon Wellinghoff said during a roundtable briefing with reporters at the agency’s headquarters in Washington, DC.
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Sabine Pass Urges FERC to Deny Late Sierra Club Intervention
Sabine Pass Liquefaction LLC has asked FERC to deny the Sierra Club’s request for late intervention in the proceeding in which its seeks a certificate to add liquefaction and export facilities on the site of its already operating regasification plant and import terminal for liquefied natural gas (LNG).
West Virginia Ethane Cracker Rumors Abound
Days after a Royal Dutch Shell plc subsidiary announced that it intends to purchase a site in Pennsylvania — presumably for its “world-scale” ethane cracker in the Marcellus Shale — media reports are fueling speculation that two other companies are interested in building crackers in West Virginia.
Aither, Brazil’s Braskem Fuel West Virginia Cracker Rumors
Days after a Royal Dutch Shell plc subsidiary announced that it intends to purchase a site in Pennsylvania — presumably for its “world-scale” ethane cracker in the Marcellus Shale — media reports are fueling speculation that two companies are interested in building their own crackers in West Virginia, with one possibly making their announcement today, Wednesday.
MarkWest: Appalachian Ethane Solved for Near Term
As Royal Dutch Shell plc gets closer to announcing a “world class” ethane cracker for the Appalachian Basin, the leading processor of ethane in the region is standing behind its three projects for Marcellus and Utica shales.
MarkWest: Appalachian Ethane Solved for Near Term
As Royal Dutch Shell plc gets closer to announcing a “world class” ethane cracker for the Appalachian Basin, the leading processor of ethane in the region is standing behind its three projects for Marcellus and Utica shales.
Gastar Signs Lease, Will Drill on Bayer Site Touted for Cracker
Gastar Exploration Ltd. has signed a lease with Bayer AG to drill Marcellus Shale gas wells on 1,400 gross acres in New Martinsville, a site that is being touted as a possible location for an ethane cracker in West Virginia.
Former FERC Commissioner Says Shale Turned Energy Upside Down
In the space of six years, shale gas development has turned the U.S. energy world upside down, driving natural gas prices well below the $15/Mcf levels they reached following Gulf of Mexico hurricanes in 2005, former FERC Commissioner Marc Spitzer said Wednesday in a webcast interview on the industry program “OnPoint.”
Cummins Sees Market Potential for NatGas-Powered Trucks
World-scale engine builder Cummins Inc. sees potential for growth in the market for natural gas engines for trucks.
U.S. Has Most Gas Storage Capacity, And it Needs it, AGA Reports
The United States has the largest gas storage asset in the world with more than 400 natural gas storage fields, according to the American Gas Association (AGA) in its most recent “Survey of Underground Storage of Natural Gas in the United States and Canada.”