Noting that the cost of storage is probably three times cheaper today than five years ago, an energy trading firm executive made a pitch for a new marketing process for gas storage capacity at the LDC Gas Forum Midcontinent conference Tuesday in Chicago.
Years
Articles from Years
Total to Sell LNG from Sabine Pass to Korea’s Kogas
Total Gas & Power Ltd. has signed a deal to sell to South Korea’s Korea Gas Corp. (Kogas) 0.7 million metric tons per year of liquefied natural gas (LNG) for 20 years from the planned Sabine Pass LNG export terminal in Louisiana.
Chimera, Pemex Shale Oil Contract Disputed
Houston-based Chimera Energy Corp. announced on Tuesday that it had received drilling logs from Petroleos Mexicanos (Pemex), the Mexican state-owned petroleum company, and had “formulated a 90-day schedule for the first deployment” of its nonhydraulic shale oil extraction in Mexico’s Chicontepic Basin, even as concerns arose about the accuracy of many of the company’s statements.
Dominion Project to Alleviate WV, PA Bottleneck Comes Online
FERC Friday gave Dominion Transmission Inc. (DTI) the go-ahead to place into service its Appalachian Gateway pipeline, which will loosen a bottleneck to allow for the transportation of shale and conventional natural gas production from West Virginia and southwestern Pennsylvania to growing markets in the Mid-Atlantic and Northeast. The facilities were to begin service on Saturday (Sept. 1), said DTI spokesman Dan Donovan.
FERC Conference: Shale Gas a Double-Edged Sword
Shale gas is a doubled-edged sword for power generators in the Mid-Atlantic region, supplying them with abundant, low-cost gas while at the same time putting pressure on an already over-taxed pipeline infrastructure, generators said Thursday at the fifth and final FERC conference on gas-power coordination issues.
Permian Basin Species Being Considered for Protection
The U.S. Fish and Wildlife Service (FWS) is proposing to protect six species of aquatic invertebrates native to West Texas as endangered under the Endangered Species Act (ESA). Such an ESA listing could have implications for the West Texas oil patch, analysts warned.
Heightened North Dakota Drilling Spurs Data Sensitivity
It has been around for more than 30 years, long before the state’s current oil/gas boom, but North Dakota’s six months of confidentiality provided new wells is taking on greater interest in the midst of the competitive exploration and production (E&P) push throughout the industry.
Alaska Governor Urges Salazar to End Point Thomson Delays
In an effort to get exploration and production in the Point Thomson Field on the North Slope in Alaska off and running after years of permitting delays, Alaska Gov. Sean Parnell earlier this month reached out to Secretary of the Interior Ken Salazar to exercise his authority to expedite the Record of Decision (ROD) on the project, citing the risk to Alaskan and American jobs if delays continue.
Partners to Comb Medical Records for Marcellus Effects
Health care providers Guthrie Health and Geisinger Health System have formed a partnership to study the health impacts of Marcellus Shale gas drilling, saying it will be “the first large-scale, scientifically rigorous assessment of the health effects of” natural gas production.
Alaska Governor Urges Salazar to End Point Thomson Permit Delays
In an effort to get exploration and production in the Point Thomson Field on the North Slope in Alaska off and running after years of permitting delays, Alaska Gov. Sean Parnell this past weekend reached out to Secretary of the Interior Ken Salazar to exercise his authority to expedite the Record of Decision (ROD) on the project, citing the risk to Alaskan and American jobs if delays continue.