Category: Natural gas

Out-of-control gas well keeping 25 families out of homes

The Monroe County well had been temporarily plugged while work was being done elsewhere onsite.  More »

Houston company loses control of gas well in Ohio

The company evacuated field personnel and residents in the area.  More »

LNG co. plans $4 billion-plus Louisiana investment

Construction is expected to begin at the 203-acre site in the third quarter of 2016.  More »

Kinder Morgan COO says he’ll take the reins

Kinder Morgan’s second-in-command Steve Kean said he will eventually take over as CEO of the nation’s largest pipeline company by market value after Richard Kinder steps back.  More »

Crude oil climbs back from 5-year lows

WTI for January delivery rose 77 cents, or 1.2 percent, to settle at $63.82 a barrel.  More »

Kinder Morgan to invest $150M in Freeport LNG pipelines

The deal calls for adding 1 billion cubic feet per day of capacity to KMI’s intrastate system.  More »

ConocoPhillips cutting capital spending by 20 percent

The cut reflects lower spending on major projects, several of which are nearing completion.  More »

U.S. has enough shale gas for petrochemical expansions

Gas prices collapsed two years ago had have remained low since, prompting some drillers to turn their focus to more lucrative regions rich in oil and other liquids.  More »

Oil prices go back on the decline

WTI for January delivery dropped 57 cents, or 0.9 percent, to end at $66.81 a barrel.  More »

Oil prices not hitting petrochemical plant expansions

The same drilling bonanza that bestowed the chemical industry with cheap feedstock also flooded the world market with oil and gas at a time when the global demand for such products has started to flatten.  More »

Nature article questions natural gas optimism

The report highlights conflicting estimates about the long-term viability of increasing natural gas production, and warns that acting on the assumption natural gas will always be cheap may not be ideal.  More »

Southwestern Energy to pay $300M for gas-rich land in Pennsylvania

Southwestern Energy Co. is planning to pay $300 million for thousands of acres in a natural gas-rich region of Pennsylvania, little more than six weeks after its multibillion-dollar purchase of gas land nearby.  More »

Northeast gas pipelines turn two-way as region becomes major producer

Pipelines companies have planned modifications that will allow 8.3 billion cubic feet of gas per day to leave the Northeast via bidirectional flows.  More »

Companies announce first oil from deep-water Gulf fields

Oil has begun flowing at the Jack/St. Malo project in the deep-water Gulf of Mexico.  More »

Former BG exec hopes to win big with small LNG

Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities.  More »
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