Category: Natural gas

EPA launches rule governing natural gas well water

The Environmental Protection Agency today announced plans to write new standards that would govern how energy companies dispose of wastewater from natural gas drilling sites. The rule making process, which could span years, would represent the first broad national guidelines for disposal of that wastewater, including limits on when municipal treatment facilities can accept the fluid.  More »

Noble Energy boosts earnings on Israel’s growing gas demand

Noble Energy reported a 90 percent rise in third-quarter proft, bolstered by increased natural gas sales to Israel as political turmoil in Egypt reduced Israel’s imports from that neighbor.  More »

Eni says ‘giant’ gas find off Mozambique is company’s largest

Eni SpA, Italy’s biggest oil company, found natural gas off Mozambique in a field that may hold enough to supply the U.K. for more than four years and would be the explorer’s largest operated discovery.  More »

Kinder Morgan reports lower net income, higher distributions

Oil and natural gas pipeline and storage giant Kinder Morgan Energy Partners said Wednesday its net profit was down 32 percent in the third quarter, but cash distributions to unit holders were up near 5 percent.  More »

Energy Transfer buys downtown Houston office building

A Dallas-based pipeline and midstream business has purchased a 21-story downtown Houston office building.  More »

The other El Paso deal… selling off the E&P

Kinder Morgan officials said they won’t go forward with plans to spin-off El Paso Corp.’s exploration and production business, opting to sell it off instead.  More »

Iraq to pass energy law, respect all contracts, advisers say

Iraq to Pass Energy Law, Respect All Contracts, Advisers Say (  More »

Bakken turns Oasis into target as fracking costs slide

Buyers looking to extract the best deals from Bakken shale oil may turn to Oasis Petroleum Inc. and Whiting Petroleum Corp. as the cost to find and produce a barrel of crude soars.  More »

Kinder/El Paso deal gives nod to gas despite political uncertainty

Kinder Morgan/El Paso deal doubles down on natural gas despite the legislative headwinds in Congress.  More »

TransCanada: We contribute to Houston’s economy

TransCanada, seeking approval for its Keystone XL pipeline, highlighted its contributions to the area Houston economy at a weekend event.  More »

Colleges expand offerings amid natural gas boom

Shale exploration has opened up job opportunities in Ohio and colleges are offering classes to train workers.  More »

Enron castoffs became pipeline, terminal empire

Kinder Morgan’s $21.1 billion deal for El Paso Corp. may be the pinnacle of a 15-year journey that saw Rich Kinder take a handful of unwanted pipelines from Enron and build them into a booming energy empire.  More »