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Rumored Targa deal a bust, but firm is ripe for buyout

The rumored $15 billion deal for control of a Houston natural gas pipeline operator never got past the initial talks, Targa Resources said after its shares soared on reports it was closing in on a sale.  More »

Feds want time to decide on retrial for former BP engineer

Prosecutors said Tuesday that deciding whether to appeal Duval’s order will take time and will require involvement of top Justice Department officials.  More »

The oil & gas industry has a culture of safety, what about a culture of health?

Make no mistake, working in this industry is, for many people – I’m thinking here of field personnel specifically – not just a job but actually a lifestyle: it can become all-consuming, to the point where one submits completely to their work and a return from the field signifies not a return to normal life, but just a temporary pause in the work cycle.  More »

Manufacturers want more time on natural gas exports

A coalition of manufacturers and other industrial users of natural gas is asking the Obama administration for more time to review its latest plan for vetting proposals to sell the fossil fuel overseas.  More »

Southton Rail Yard is part of Eagle Ford shale boom

Southton Rail Yard is one of the latest rail sites in South Texas to expand — or appear from scratch in a swath of cleared brush and mesquite — as part of the ripple effect of the Eagle Ford Shale drilling boom.  More »

Williams buying rest of Access Midstream Partners for $6 billion

The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.  More »

Failed Risk Management

The renewed combat in Iraq has caused oil prices to increase, although modestly so far.  The prospect of a possible curtailment in Iraq’s production has oil markets rightfully nervous.  Some analysts see oil prices increasing another $30 if production was shut off or significantly reduced.  That would take prices back to the $140 level that […]  More »

This may whet your appetite for a new dryer

Your old dryer may be hampering your home energy efficiency.  More »

SEC Probe of Key Energy may expand

The U.S. Securities and Exchange Commission is investigating Houston-based Key Energy Services for possible violations of federal bribery laws involving its operations in Mexico and Russia, according to corporate documents filed with the SEC.  More »

Noble, Consol to sell stock in Marcellus pipe partnership

Consol Energy Inc. and Noble Energy Inc., which joined forces in the Marcellus Shale almost three years ago, are planning to offer stock in a natural gas pipeline partnership that handles output from jointly owned acreage.  More »

Tribute to Dad

Health, family, and friends. Those can be fleeting things, and once they’re gone, they’re gone.  More »

Does a Future Gas Glut Shape Russian Decision Making in Russia-Ukraine Conflict?

Russia may appear to some observers to have all the cards in its continued negotiations with Ukraine over their high stakes natural gas pricing dispute, in which European gas supply remains a hostage. But long term trends in global natural gas might not be on Moscow’s side. Russia’s willingness to talk about compromise with Ukraine […]  More »
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