Natural Gas
Natural Gas Production Sets Record
Even in the face of low prices, U.S. natural gas production hit its highest level ever. Average daily output in the U.S. set a record in February of 73.3 Bcf, up about 2% from the previous month, Platts Bentek said. The Energy Information Administration reported March 24 that producers had begun sto..
Explorer Achieves 1 Bcf/d of Send-Out Capacity
Excelerate Energy’s upgraded floating storage and regasification unit (FSRU) Explorer recently completed its send-out performance tests and reached a send-out capacity of 1 Bcf/d – an unprecedented milestone for an FSRU. The FSRU is under long-term charter to the Dubai Supply Authority (DUSUP) at th..
ONGC Seeks Help to Boost Output from Aging Oil and Gas Fields
India’s state-run Oil and Natural Gas Corporation Ltd. will enter into partnerships with overseas oilfield service providers to boost output from aging oil and gas fields, according to Rigzone. The ONGC chairman has reportedly had discussions with Schlumberger NV and Halliburton regarding capital i..
Penspen Wins Consultancy Contract in UAE
Penspen was named project management consultant to Abu Dhabi Marine Operation Company (ADMA-OPCO) for the ongoing work on Das Island in the UAE. Penspen will be involved in the upgrade or replacement of various pipeline networks, studies on an oil spill response hub to serve Das Island and offshore..
Punj Lloyd Wins Pipeline Contracts in Oman
Punj Lloyd won an EPC contract valued at $404 million from the Oman Oil Refineries and Petroleum Industries Company and Oman Gas Company (OGC), which are owned by the government of the Sultanate of Oman and Oman Oil Company SAOC. The contract awards, reported by Gulf Oil & Gas, indicated the scope ..
Russia, Kazakhstan to Dominate Upstream Projects by 2025
Russia is responsible for 25 key crude and natural gas projects expected to commence operations by 2025, dominating the Former Soviet Union’s (FSU) oil and gas production, according to research and consulting firm GlobalData. The company’s latest report, Production and Capital Expenditure Outlook f..
European Leak Detection Market Expected to Grow
Increased pipeline infrastructural investments coupled with high exploration and production activities in the oil and gas sector and high consumer demand for energy will propel growth in the European oil and gas pipeline leak detection market, according to a report issued by Research and Markets. T..
Understanding Both Sides of the Infrastructure Issue
A new book should be at the top of the reading list for everyone in the industry. It’s entitled The Green and the Black, The Complete Story of the Shale Revolution, the Fight over Fracking, and the Future of Energy, by Gary Sernovitz, a managing director of an oil and gas private equity firm in New ..
Report Seeks Plan to Ditch Fossil Fuels
The Center for Sustainable Energy (CSE) policy paper, Natural Gas as a Bridge Fuel – Measuring the Bridge, recognized the role natural gas plays in phasing out the nation’s use of dirtier fossil fuels, but concluded specific plans are needed to chart a course away from all fossil fuel use to achieve..
Solomon Forecasts Gas Demand for Oil Sands to 2025
Solomon Natural Gas Services (Solomon) recently released its Gas Demand for Alberta Oil Sands to 2025 report,[1] which represents the first major revision by Solomon in 10 years; driven primarily by the slide in oil and bitumen prices since late 2014. The report analyzes more than 150 producing, un..
Is Gas War Between U.S. And Canada Looming?
The United States and Canada work well together. The countries share the world’s largest and most comprehensive trade relationship, exchanging over $2 billion per day in goods and services; the U.S. is Canada’s largest foreign investor and Canada is the third-largest foreign investor in the U.S. The..
Columbia Pipeline Group Reaches 99% Availability
Changes to the oil and gas industry in the United States have put pressure on transmission companies to optimize their systems, add flexibility and respond more quickly to a fluctuating industry landscape. While many companies in the industry have been struggling to change, others have been more for..
Gas Utilities Launch New EPA Program to Reduce Emissions
In their latest effort to reduce greenhouse gas emissions, 37 AGA-member natural gas utilities launched the U.S. Environmental Protection Agency’s Natural Gas STAR Methane Challenge Program on March 30, whereby oil and gas companies can make and track commitments to reduce emissions and showcase eff..
Outlook: Gas Market, Full Steam Ahead
Significant changes loom over the global gas and liquefied natural gas (LNG) market in 2016, as emerging players backed by huge reserves start to elbow established suppliers aside. Will a sanctions-free Iran, home to the world’s second-largest gas reserves, realize its regional supply agreements? An..
St. Louis Gets an Upgrade: Laclede Replaces 235 Miles of Pipelines
Like many utilities operating in urban areas, The Laclede Group is faced with aging infrastructure. The company is tackling this challenge head on by undertaking a major upgrade to natural gas distribution systems operated by its three subsidiaries: Laclede Gas in St. Louis, Missouri Gas Energy in ..
The Changing Landscape of Gas Infrastructure in the U.S.
The U.S. gas infrastructure has undergone significant changes in the last decade. The oil story has been closely covered by the media both domestically and internationally. We are all aware that domestic U.S. oil production has risen so dramatically that its dependency on imports has fallen to the e..
Burner Tips: The Steps Before the Negotiation Room
What Energy Executives Should Be Asking Themselves Today In the first half of 2015, Chesapeake trailed only ExxonMobil as the top producer of natural gas. At the time, natural gas was down over half from the $6.15/MMBtu peak seen in the previous year, sliding daily. Highly hedged, $10 billion in d..
Constitution Pipeline Updates In-Service Date
Cabot Oil & Gas announced the Constitution Pipeline Co. has pushed back its projected in-service from the fourth quarter of 2016 to the second half of 2017. The adjustment is to ensure compliance with the environmental conditions of Federal Energy Regulatory Commission (FERC) and the U.S. Fish and W..
Duke Wins Approval for Florida Gas Plant
All required regulatory approvals and permits have been received for Duke Energy’s combined-cycle natural gas plant in Citrus County, FL. Fluor has started hiring workers and crews are clearing the land and building the site up 8 feet for flood protection. The plant’s first 820 MW is expected to com..
CMA Actuators Enable Shale Gas Well Compliance with EPA Mandates
Special to Pipeline & Gas Journal Rotork CMA electric control valve actuators provide an efficient and reliable process control solution that enables remote shale gas installations to operate in compliance with new U.S. government environmental legislation related to venting and greenhouse gas emis..
Wood Group Wins Shell Industrial Services Contract
Wood Group has a new three-year contract with Shell to deliver industrial services to the St. Fergus gas-processing plant in Aberdeenshire, Scotland and the Mossmorran gas-processing plant and Braefoot Bay marine terminal in Fife, Scotland. Wood Group PSN’s industrial service line business, Wood Gr..
Encana Looking To Divest $1 Billion in Canadian Shale Assets
Canadian oil and gas producer Encana is reportedly planning to sell off more major shale assets in western Canada, after the company reported earlier this month major loss for the year’s first quarter and fall of revenue. Encana, the second-largest gas producer in North America, is looking to sell ..
US Rig Count Drops 9 This Week to 406, Another All-Time Low
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. dropped by nine this week to 406, another all-time low amid depressed energy prices. A year ago, 888 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday 328 rigs sought oil and 86 explored..
Where Will Halliburton and Baker Hughes Go From Here?
Now that the merger between Halliburton (HAL) and Baker Hughes (BHI) is officially dead, it’s time for shareholders to begin thinking about what comes next for each firm. While HAL is taking a tough hit to its balance sheet with the enormous $3.5 billion break-up fee to BHI, that figure is actually ..
US Proposes to Cut Methane from Oil, Gas by Nearly Half
WASHINGTON (AP) — The Obama administration issued a final rule Thursday to sharply cut methane emissions from U.S. oil and gas production, a key part of a push by President Barack Obama to reduce methane emissions by nearly half over the next decade. The rule by the Environmental Protection Agency ..
Cheniere Energy Names Jack Fusco as CEO
NEW YORK (AP) — Cheniere Energy is naming Jack Fusco as CEO after the natural gas company’s previous CEO was forced out under pressure from activist investor Carl Icahn. Fusco was most recently executive chairman of Calpine Corp., which generates electricity from natural gas. He was CEO of the Hous..
EIA Projects 48% Rise in Global Energy Consumption by 2040
The U.S. Energy Information Administration’s recently released International Energy Outlook 2016 (IEO2016) projects that world energy consumption will grow by 48% between 2012 and 2040. Most of this growth will come from countries that are not in the Organization for Economic Cooperation and Develop..
Study Finds Bakken Oil Field Leaks Less Methane than Reported
BISMARCK, N.D. (AP) — A new study says the oil-producing region of North Dakota and Montana leaks 275,000 tons of methane annually, an amount that’s less than previously reported. Researchers say it’s the first field study of methane emissions from the Bakken shale formation. Methane is a greenhous..
Developing Economies in Asia Lead Projected Growth in World Energy Use
World energy consumption is projected to increase by 48% over the next three decades, led by strong increases in the developing world—especially in Asia, according to International Energy Outlook 2016(IEO2016), released today by the U.S. Energy Information Administration (EIA). Rising incomes in Ch..
Anadarko to Raise Cash with More Asset Sales
The third largest gas producer in the US, Anadarko Petroleum Corp, is reportedly planning to sell assets in three states as it seeks to raise $3 billion amid setbacks stemming from depressed oil prices. The Woodlands-based energy company hopes to raise between $300 million and $600 millionfor each ..
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Mid-Year Global Forecast: Midstream Responding to Demand from LNG Projects
