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Category: Natural Gas

Mitsubishi, Mitsui back $6 billion Sempra gas terminal

Mitsubishi (8306) Corp. and Mitsui & Co. agreed to help Sempra Energy (SRE) develop a $6 billion natural-gas export facility in Louisiana, as Japan imported record amounts of the fuel.  More »

Report to UK government backs fracking

Exploratory work to extract gas by hydraulic fracturing in England should be allowed to resume even though the technique has caused earth tremors, a report commissioned by the government said Tuesday.  More »

Feds approve Cheniere’s plan to export natural gas

Houston-based Cheniere Energy on Monday cleared the final major hurdle to exporting natural gas when federal regulators approved the firm’s plan to build a plant for liquefying the fossil fuel in southwest Louisiana.  More »

Environmentalists challenge natural gas export plans

Environmentalists just filed a legal challenge to Freeport LNG’s bid to export natural gas from a facility in Texas — the latest attempt to undercut a push by more than a half dozen companies to send the fossil fuel overseas.  More »

LNG spot cargo trading to decline over next 3 years, BP Says

BP Plc (BP/) said trading of liquefied natural gas cargoes on the spot market will decline over the next three years.  More »

Steffy: Slumping natural gas prices fuel companies’ worries

The talk of the town these days is gas prices and what to do about them.  More »

Total says “significant” progress made on gas leak

Total said it has made “significant” progress is plugging the gas leak on its Elgin platform in the North sea in the past week, according to a Bloomberg News story.  More »

N. Dakota oil production doubles in past 2 years

North Dakota oil production has more than doubled in the past two years, and the state’s sweet crude is now helping to feed refineries on the East, West and Gulf coasts.  More »

Expert says all Pa. oil, gas waste needs treatment

A former top environmental official says Pennsylvania’s successful efforts to keep Marcellus Shale wastewater away from drinking water supplies should be extended to all other oil and gas drillers.  More »

White House creates natural gas task force

The Obama administration on Friday established a working group to coordinate federal regulation of natural gas production, amid industry complaints that an increasing number of government agencies are overseeing the activity.  More »

Truckers wanted for Eagle Ford Shale jobs

Since the drilling frenzy began in the Eagle Ford Shale, the need for truck drivers has boomed along with it.  More »

LNG export plant verges on U.S. approval

Cheniere Energy Inc. (LNG), the natural gas importer that lost $1.2 billion in a decade, is poised to become the sole U.S. exporter of fuel from the shale bonanza that’s turned the nation into the world’s biggest gas producer.  More »