Energy Transfer to buy Southern Union for $4.2B, creating pipeline giant
The takeover of Houston-based Southern Union will create one of the largest natural gas pipeline companies in the U.S., with more than 44,000 miles of pipelines. More »
ConocoPhillips, Bangladesh sign Bay of Bengal deal
The deal signed Thursday is the Houston-based company’s first investment in Bangladesh, which is struggling to meet growing demand for gas for its industries. More »
FuelFix Newslinks |06.16.11|
Reserves and revenue grow. Will the GOP give in? Save the EIA! China’s No. 1. More »
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Infrastructure for Eagle Ford shale production to expand
A joint venture between Houston-based Kinder Morgan Energy Partners and Copano Energy will build a $27 million, seven-mile pipeline connection to a processing plant in Matagorda County.
More »
Norway oil fund may target private equity
Norway’s $570 billion oil fund may get more leeway to expand into new asset classes such as roads, gas pipelines and unlisted shares as the government switches its top adviser for setting the investor’s guidelines. More »
Big vehicles gain favor again as pump prices slip
Smaller cars appeared popular with consumers when gasoline prices climbed earlier this year, but it takes more than high fuel prices to squelch Americans’ love for big vehicles. More »
Senators demand limits on oil speculation
Sen. Bernie Sanders, I-Vt. introduced legislation to require the CFTC to impose strict regulations on oil speculators, who some blame for rising gasoline prices. More »
Texas may break peak power prediction mark today *update*
The state appears to be on pace to top what the Texas grid operator expected to be peak power usage for this summer. More »
Oil and gas companies increased reserves, revenue in 2010
The industry’s 50 largest companies saw their greatest annual growth in domestic oil and gas reserves in at least five years, according to a study by Ernst & Young. The Permian Basin in West Texas and the Eagle Ford play in South Texas in particular benefited from growing interest in shale gas. More »
Oil tumbles below $95
Crude futures dropped as much as 5.4 percent on growing signals the U.S. economy is slowing and on concern that Europe’s debt crisis will deepen, reducing fuel consumption. More »
Biodiesel industry to run national ads
The ad, set in Dallas, touts biodiesel as a clean-burning alternative to petroleum-based diesel fuel that can help reduce the nation’s dependence on fossil fuels, create jobs and slash tailpipe emissions. More »
Energy experts: Don’t cut Energy Info Admin budget
The Energy Information Administration is a key source for unbiased energy data, says a gaggle of government and industry experts in a letter urging Congress not to cut the EIA’s budget. More »
April 26, 2013
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