Natural Gas
Dominion Continues Coal-to-Gas Switch with $4.4 Billion Deal
Dominion Resources Inc., the power utility based in Richmond, VA, is the latest U.S. utility to expand its operations, reaching out west by offering to buy the gas company Questar Corp. of Salt Lake City, for about $4.4 billion in cash. Dominion announced the offer on Monday, the same day it ..
Where There Is Oil, There Will Be Pipelines
“An Industry in Transition: Where There is Oil & Gas There Will Be Pipelines” was presented Monday night by Pipeline & Gas Journal Editor Jeff Share to members of the Pipelines Association Association. Is this a crazy world or what? Would anyone disagree that it takes a strong stomach and nerv..
Storage Site Leak Raises Environmental, Reliability Concerns
Southern California Gas Company (SoCalGas) detected a major leak Oct. 23 at Aliso Canyon, an underground natural gas storage facility located 30 miles northwest of Los Angeles. The Aliso Canyon storage facility, which has 115 wells, is the second-largest natural gas storage field in the western Unit..
CenterPoint Announces Possible Sale of Enable Midstream Partners
Natural gas and electric utility CenterPoint Energy said on Monday it will consider “strategic options” for its pipeline company, Enable Midstream Partners, including a spinoff or sale. “We believe that now is the right time to explore options for unlocking the value of our strategic investment, re..
Dominion Resources Buying Questar for $4.4 Billion
NEW YORK (AP) — Dominion Resources will spend approximately $4.4 billion to acquire Questar in a big reach to the West for the East Coast energy company. Dominion is a power producer in the mid-Atlantic region. Questar is in the Rockies and a principal source of gas supply to Western states. The..
World News: Asian Leaders Laud TAPI Pipeline
Leaders from Afghanistan, Pakistan and India joined the president of Turkmenistan to discuss construction of a natural gas pipeline that could help ease energy deficits in South Asia: The 1,814-km Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline is expected to be operational by 20..
Falling Oil Prices Push Chevron to 1st Loss Since 2002
DALLAS (AP) — Chevron suffered its first money-losing quarter since 2002 in the final three months of last year, as plunging crude prices chopped more than one-third from its revenue. Oil traded this month at levels not seen since 2003, although it has rebounded slightly in the last few days. Che..
New Pipeline Projects Increase Northeast Natural Gas Takeaway
A number of recently completed and upcoming natural gas infrastructure projects are expected to increase the reach of natural gas produced in the Marcellus and Utica regions of the Northeastern United States. These projects are intended to transport natural gas from production centers to consuming m..
Henry Hub, Marcellus Spread Narrows as Pipeline Capacity Grows
Natural gas spot prices around the United States are often compared to prices at the Henry Hub in Louisiana. At trading points in and around the Marcellus and Utica shale plays in Pennsylvania, West Virginia and Ohio, natural gas prices consistently trade below the Henry Hub national benchmark pric..
Natural Gas Prices Expected to Rise over next 2 Years
The average natural gas spot price at the benchmark Henry Hub for December 2015 of $1.93 per million British thermal units (MMBtu) was the lowest monthly average since March 1999, according to EIA’s latest Short-Term Energy Outlook (STEO). The EIA expects natural gas prices to rise, averaging $2.65..
Coast Guard Issues Final EIS for Deepwater Port Project
The federal Maritime Administration and U.S. Coast Guard issued a 4,242 page final Environmental Impact Statement (EIS) for the proposed Port Ambrose Project deepwater port. The EIS confirms that the project is needed, the location is safe, and that impacts to the environment are minimal. According..
KMI, TrailStone Form Mexican Gas Marketing Company
A subsidiary of Kinder Morgan signed a joint venture letter of intent with a subsidiary of the TrailStone Group to form a Mexican natural gas marketing company. The JV between KMI and TrailStone subsidiaries will combine North American gas supply and transportation to provide competitively priced g..
More Quakes Rattle Oklahoma but State Avoids Tough Measures
OKLAHOMA CITY (AP) — In Oklahoma, now the country’s earthquake capital, people are talking nervously about the big one as man-made quakes get stronger, more frequent and closer to major population centers. Next door in Kansas, they’re feeling on firmer ground though no one is ready yet to declare vi..
Russia Warns Cuts Needed to Avoid Repeat of '98 Crash
MOSCOW (AP) — Russia’s leaders are warning the government will need to make more cutbacks if the nation is to avoid a repeat of the 1998 financial crash, the country’s biggest post-Soviet economic trauma. The economy, which is heavily reliant on its massive oil and gas industry, is getting hammer..
Warm Weather, Low Prices Reducing Home Heating Expenditures
Warmer temperatures and lower energy prices have contributed to a reduction in EIA’s current forecast average heating expenditures this winter compared with the forecast in the October 2015 Winter Fuels Outlook. Each October, EIA produces a Winter Fuels Outlook that projects heating fuel expenditur..
Industry Becoming More Comfortable with Excess Flow Valves
When I first joined the natural gas industry in 1981, excess flow valves (EFVs) were the most controversial issue in distribution pipeline safety. EFVs are simple devices installed in gas-service lines at the connection to the main that remain open under normal flows but close if a surge in flow exc..
TDW Repairs Exposed Beach Gas Pipeline in 3 Weeks
A beach in a highly populated tourist area is hardly an ideal work site. But when a 42-inch gas pipeline laid parallel to the seashore shifted and became exposed on the beach near Ubhrat, India, crews had to overcome several unusual challenges posed by the surrounding landscape and notable environme..
Willbros Wins Utility Contracts
Willbros Group’s Utility T&D segment won two projects with an aggregate contract value of $29 million. One project is for the installation of 115KVA duct bank in a congested urban setting. Project work is expected to begin shortly and scheduled for completion in 12 months. The second is for replac..
P&GJ’s 2016 Worldwide Construction Report
P&GJ’s 2016 survey figures indicate 94,799 miles of pipelines are planned and under construction worldwide. Of these, 49,848 miles represent projects in the engineering and design phase; 44,951 miles are in various stages of construction. Following is a list of new and planned pipeline miles in the..
EN Engineering President on Acquisitions, Growth and the Future
EN Engineering has been on an acquisition mode, both acquiring and being acquired, in recent years. On July 1, the company welcomed General Atlantic, a leading growth equity investment firm, as a partner and majority investor in the firm. In 2011, Thomas C. Ziegenfuss became president of EN Engineer..
Financial Expert High on Mexico’s Potential
For an expert’s perspective on Mexico’s expansive Energy Reform effort, P&GJ interviewed Richard Ennis, managing director, ING Capital. P&GJ: Why did President Enrique Peña Nieto institute the Energy Reform program? Enrique Enni..
State Severance Tax Revenues Decline as Fossil Fuel Prices Drop
Several states that collect significant revenue from fossil fuel extraction are re-evaluating current and upcoming operating budgets and taxation structures to address revenue shortfalls. Severance taxes are often imposed on the extraction of nonrenewable resources such as crude oil, natural gas, an..
- 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
