After a decade of steady decline, natural gas demand in California is forecast to grow annually, albeit slowly, during the next 10 to 15 years, an updated statewide report to the state legislature says.
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Articles from Years
IEA: Asia Gas Market Needs A Hub
The world’s fastest-growing natural gas market, Asia, is expected to be its second-largest two years from now; however, for the benefits of gas to be realized and for the market to develop fully, Western-style regulatory and trading practices will have to come into play, according to a new report from the International Energy Agency (IEA).
IEA: Asia Gas Market Needs A Hub and Price Signals
The world’s fastest-growing natural gas market, Asia, is expected to be its second-largest two years from now; however, for the benefits of gas to be realized and for the market to develop fully, Western-style regulatory and trading practices will have to come into play, according to a new report from the International Energy Agency (IEA).
San Bruno Explosion Still Impacting PG&E
More than two years after the San Bruno, CA, natural gas transmission pipeline rupture and explosion, PG&E Corp. senior executives said the company’s bottom line is still feeling the aftershocks. The company last week reported a loss for 4Q2012 in part because of gas pipeline-related issues.
San Bruno Sends PG&E into Red Ink for Quarter
More than two years into the aftermath of the San Bruno natural gas transmission pipeline rupture and explosion, PG&E Corp. senior executives said Thursday the company is still feeling the aftershocks on its bottom line. They reported a loss for 4Q2012 due to gas pipeline-related issues.
Marcellus Health Impact Study Receives $1M Grant
Geisinger Health System has been awarded a $1 million grant from the Degenstein Foundation to help complete a study on the health impacts from Marcellus Shale gas drilling, a report eagerly anticipated by officials in at least two states.
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Marathon Oil Corp. CEO Charles Cazalot will be required to step down in three years when he turns age 65, but the company has a succession planning process in place, Cazalot said during an earnings conference call. Last December COO David Roberts left the company with less than a week’s notice “to pursue other interests.” Cazalot said Marathon has a “very strong team and the company is in very good hands, and succession planning for the leadership team is a critical priority.” Roberts had been viewed by some as a successor to Cazalot.
BP Sales Send Profits Plunging, Pull Output Down
The past two years have been trying for BP plc, which has faced an onslaught of legal bills and payouts from the devastating 2010 Macondo well blowout in the deepwater Gulf of Mexico (GOM), but the producer is close to putting its troubles behind it, Group CEO Bob Dudley said last week.
BP Asset Sales Send Profits Plunging, Pull Output Down 7%
The past two years have been trying for BP plc, which has faced an onslaught of legal bills and payouts from the devastating 2010 Macondo well blowout in the deepwater Gulf of Mexico (GOM), but the producer is close to putting its troubles behind it, Group CEO Bob Dudley said Tuesday.
‘World Scale’ Petrochem Complex Not Only Answer, Says Developer
Royal Dutch Shell plc hasn’t given any indication that it will back out of plans to build a world-scale petrochemical complex in Pennsylvania, but a developer working on a smaller project in the Northeast thinks bigger isn’t always better.