Natural Gas
PG&E Named United States’ Most Green Energy Company
San Francisco-based Pacific Gas and Electric Company (PG&E) has been ranked as the nation’s greenest energy company by Newsweek. The company placed first among electric and natural gas utilities, and No. 15 overall, in the annual Green Rankings of the 500-largest publicly traded companies in the Uni..
Senate Committee to Examine Oil and Gas Pipeline Infrastructure Next Week
On June 14, the Senate Energy and Natural Resources Committee will conduct a hearing to examine oil and gas pipeline infrastructure and the economic, safety, environmental, permitting, construction, and maintenance considerations associated with such infrastructure. The hearing will be broadcast li..
Pembina Now Fully Contracted for Duvernay I Gas Plant
Pembina Pipeline entered into agreements with a multinational firm to construct infrastructure relating to its previously announced Duvernay I, a 100 MMcf/d shallow cut gas plant. The construction work includes condensate, gas and water field handling, a gas gathering trunk line and a fuel line, val..
Kinder Gains Federal Approval for LNG Export Project
Kinder Morgan subsidiaries Elba Liquefaction Company and Southern LNG Company received FERC authorization for the $2 billion Elba Liquefaction Project. The project, supported by a 20-year contract with Shell, will be constructed at the existing Elba Island LNG Terminal near Savannah, GA. The first ..
Colorado's New, Higher Oil and Gas Fines Are Biting Industry
Colorado is imposing heftier fines on energy companies as the state struggles to resolve conflicts between growing cities and big oilfields at their doorstep, an Associated Press analysis shows. Regulators say the tougher penalties for breaking health, safety and environmental rules are pro..
More Infrastructure in China Cited as Top Natural Gas Trend
Researchers at Technavio have listed the top three emerging trends affecting the global water and gas valves market through 2020 as natural gas infrastructure in China, development of next-generation valves and increased demand for quarter-turn valves. Technavio defines an emerging trend as a facto..
Baltimore Gas and Electric Continues to Accelerate Natural Gas Infrastructure Replacement
Baltimore Gas and Electric (BGE) continues to modernize the natural gas system serving customers in central Maryland, replacing more than 52 miles of gas mains in the first two full years under the company’s Strategic Infrastructure Development and Enhancement (STRIDE) plan. Another 45 miles of ga..
Reform Leads to Opportunities, says Mexico’s Energy Secretary
Mexican Energy Secretary Pedro Joaquin Coldwell used the launch of a regional oil and gas forum Thursday in the nation’s capital to reiterate his country’s commitment to the reform of its domestic energy market. Citing measures initiated by President Enrique Peña Nieto and approved by the nation’s ..
Industrial, Electric Power Sectors Drive Projected Growth for US Natural Gas
U.S. consumption of natural gas is projected to rise from 28 trillion cubic feet (Tcf) in 2015 to 34 Tcf in 2040, an average increase of about 1% annually, according to EIA’s Annual Energy Outlook 2016 (AEO2016) Reference case. The industrial and electric power sectors make up 49% and 34% of this gr..
India May Lose Prize Iranian Gas Field To Saudi Arabia
India’s state-owned oil and gas giant ONGC risks losing a massive Persian Gulf gas field in a contracting hurdle, as it races against Saudi Arabia to extract gas reserves from two fields spanning the Iran-Saudi Arabia border. India’s flagship explorer does not have the necessary contract to exploit..
France Tapping Fuel Stocks as Strikes Cause Gas Shortages
PARIS (AP) — France has started using its fuel reserves to deal with gasoline shortages caused by strikes and protests over a bill weakening worker protections. Unions are targeting the nation’s gas tanks, railroads and electricity network this week as they try to push the government to drop the la..
Iran, India Sign Port Deal, Other Economic Agreements
TEHRAN, Iran (AP) — India said Monday it will invest up to $500 million in a deal to develop a strategic port in Iran and both countries planned a number of projects they say are worth hundreds of millions of dollars. The deal and plans were announced during a visit by Indian Prime Minister Narendr..
International Markets Prove Hard To Conquer For U.S. LNG
The latest drilling productivity report from the Energy Information Administration (EIA) has shown that the Marcellus shale continues to be the largest source of natural gas in the U.S. by a wide margin, with daily amounts that put it on par with leading international producers such as Iran and Qata..
Sorting Out Inspectors’ ‘Box of Chocolates’ Quandary
While conducting a client interview after we provided inspection services for a pipeline project, I posed this question to gain feedback: “How’d we do?” He responded with, “You are just like all of the other third-party natural gas pipeline inspection companies and inspectors. I don’t trust any of ..
Oil and Gas Company Founded by Aubrey McClendon to Close
OKLAHOMA CITY (AP) — American Energy Partners, the Oklahoma City-based oil and natural gas company founded by the late energy tycoon Aubrey McClendon, is shutting down. The company’s leadership team released a statement Wednesday saying it had decided to wind down operations but the five independen..
After Merger Called Off in Energy Sector, Another Arises
NEW YORK (AP) — FMC Technologies will attempt to merge with Technip in an all-stock deal worth about $13 billion to create a larger player in the energy services sector. The shareholders of each company would own about 50 percent of the combined company, which would be named TechnipFMC. It would ha..
Many Natural Gas-Fired Power Plants Being Built Near Shale Plays
Natural gas-fired power generation increased 19% in 2015, because of low natural gas prices, increased gas-fired generation capacity, and coal power plant retirements. EIA’s May 2016 Short-Term Energy Outlook forecasts that this year, natural gas-fired generation will exceed coal generation in the U..
Greek Pipeline Breakthrough to Challenge Russian Gas Dominance
After years of debate, political jockeying and acrimony, a major pipeline project to bring natural gas to Southern Europe has broken ground. The Trans-Adriatic Pipeline (TAP) will connect the Caspian Sea to European markets, providing Europe with another large source of natural gas that will help t..
Navitas Midstream Partners Announces Long-term Agreement With Encana Oil & Gas
Navitas Midstream Partners, LLC announced yesterday the execution of a long-term gas purchase agreement with Encana Oil & Gas (USA) Inc. Under the agreement, Navitas will purchase Encana’s gas from its substantial acreage position in Howard County, Texas. Navitas will gather gas into a new system c..
Williams Sues to Maintain Sale to Energy Transfer Equity
DALLAS (AP) — Williams Cos. has gone to court to pressure rival pipeline company Energy Transfer Equity to go through with the planned $32.6 billion purchase of Williams. In a lawsuit filed in state court in Delaware, Williams suggested that Energy Transfer is trying to get out of the deal. Energy..
Projected Growth in CO2 Emissions Driven by Countries Outside OECD
Global energy-related carbon dioxide (CO2) emissions are projected to increase by one-third between 2012 and 2040 in EIA’s International Energy Outlook 2016 (IEO2016) Reference case, largely driven by increased energy use in countries outside of the Organization for Economic Cooperation and Developm..
3 Workers Hurt in N.J. Gas Line Explosion
An explosion in Bayonne, NJ on March 30 injured three contractors installing a new gas main on a street named to honor Korean War veterans. Public Service Electric & Gas said the workers were testing the pipe with air, which is standard practice, when the incident occurred on Chosin Few Way in a s..
Despite Leak, Sempra CEO Gets Hefty Bonus
The same year a broken Sempra Energy storage well created the biggest natural gas leak in U.S. history, CEO Debra Reed earned her largest bonus yet. While Reed received no payout for the part of her 2015 bonus that’s tied to customer satisfaction and pipeline safety at two Sempra utilities, amounti..
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..
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
