Kinder Morgan Energy Partners’ affiliate El Paso Natural Gas Co. has begun a half-billion-dollar pipeline system upgrade so it can fulfill a deal to send to natural gas to Mexico. More »
Global production slipped, however, to 2.55 million barrels per day of oil and gas from 2.58 million barrels per day last year More »
If this tortoise could talk, I’m pretty sure he would say ‘preposterous’ in response to what you are about to read. For the wild and wacky world of energy has revealed some preposterous notions in the last week or so. Here are but a few of them. –First up we are talking trash, for only 1% […] More »
The Interior Department is developing an updated plan for its Outer Shelf Oil and Gas Leasing Program, and the governors formally stated their opposition to the inclusion of any oil or gas lease sales off the coast as part of any new plan. More »
The energy minister for Tanzania is in Houston seeking oil and gas investment in the East African nation. More »
Exxon Mobil Corp., the world’s largest energy company, fell after reporting worldwide oil and natural gas production declined to the lowest level in almost five years.
Royal Dutch Shell, Europe’s biggest oil company, beat analyst second-quarter earnings estimates while pushing ahead with a restructuring program that saw it write off about $1.9 billion in U.S. gas assets. More »
The protest, attended by hundreds of supporters, was the culmination of a month-long “rolling rally” that marched through towns likely impacted by Kinder Morgan’s proposed 250-mile long pipeline expansion in Berkshire, Worcester and Franklin counties. More »
A subsidiary of Petroleos Mexicanos will form a joint venture with Geneva-based Mercuria Energy Group Ltd. to handle the gas and will aim to be one of the five largest participants in the North American natural gas market. More »
Opponents of Houston-based Crestwood Midstream’s project said at a news conference in Albany that it would endanger drinking water, the local economy and the region’s wine and tourism industry. More »
ConocoPhillips has completed the $1.5 billion sale of its Nigerian upstream business to Lagos, Nigeria-based Oando Energy Resources, the company said Wednesday.
The Obama administration on Tuesday rolled out a series of initiatives meant to help pare the amount of methane escaping the nation’s natural gas pipelines, following a government report that faulted the Environmental Protection Agency for doing too little to plug the leaks. More »