Following a “tectonic change” in global energy markets over the past decade from the shale revolution, “there is a bright future for natural gas,” according to American Gas Association President and CEO Karen Harbert. In a recent Columbia Energy Exchange podcast on the U.S. oil and natural gas industry and the infrastructure and regulatory challenges
Read More...Meritage Midstream Services II said Monday its Thunder Creek NGL Pipeline subsidiary launched a binding open season to support construction of a 140-mile extension to its existing natural gas liquids pipeline, Kallanish Energy reports. The extension will facilitate transportation of Ngls from two processing plants located in Wyoming’s Campbell and Converse counties, to an interconnection
Read More...U.S. line pipe prices sunk in May, Kallanish Energy’s sister publication, Kallanish, learns from analyst Pipe Logix. Average U.S. line pipe prices fell by 1.5% from April to May, reaching a combined $1,757/short ton at the distribution level. Domestic prices fell by 1.5%, to $1,930/st, while import prices fell by 1.4%, to $1,584/st. Pipe Logix
Read More...Martin Midstream Partners said Monday it’s selling to Hartree Cardinal Gas its membership interests in Arcadia Gas Storage, Cadeville Gas Storage Monroe Gas Storage, and Perryville Gas Storage for $215 million in cash. The storage assets consist of roughly 50 billion cubic feet of working capacity located in northern Louisiana and Mississippi. The transaction is
Read More...California regulators Thursday approved PG&E Corp.’s plan to impose blackouts this summer across large swaths of its territory to prevent major wildfires — and told customers don’t count on reliable electric service as the fire season gets underway. The California Public Utilities Commission approved PG&E’s “wildfire mitigation plan,” in which blackouts could conceivably hit every
Read More...California authorities said Wednesday power lines owned and operated by Pacific Gas & Electric Corp. (PG&E) caused the state’s most destructive wildfire ever – which killed 85 and nearly destroyed an entire city, Kallanish Energy learns. Lines owned by the San Francisco-based utility sparked the Camp Fire on Nov. 8, in Butte County, California, the state Department of Forestry and Fire
Read More...A natural gas explosion last September in a pipeline not yet in service has led to an independent producer backed by Goldman Sachs’s private equity arm and the Ontario Teachers Pension Fund filing for Chapter 11 bankruptcy, Kallanish Energy reports. EdgeMarc Energy Holdings plans to sell all of its assets, the company said Wednesday, blaming an
Read More...The three municipalities affected by last September’s gas explosions have reached an $80 million settlement with local gas distribution company Columbia Gas of Massachusetts, Kallanish Energy reports. Of that amount, 50% will go to Lawrence, 30% to Andover and 20% to North Andover. The utility has already paid $67.1 million of the total settlement amount to
Read More...Gibraltar on Monday opened a liquefied natural gas regasification terminal, moving the British territory away from diesel-fuel power, Kallanish Energy reports. The project comes as part of Gibraltar’s effort to power its homes and businesses with cleaner energy. The 80-megawatt power plant was built by Anglo-Dutch giant Shell and its fully owned subsidiary Gasnor, which is also
Read More...The North Dakota Public Service Commission this week approved a siting permit for a $125 million, 77-mile natural gas liquids pipeline in northwest North Dakota, Kallanish Energy learns. Oneok Bakken Pipeline LLC received a permit to construct a pipeline starting at the Demicks Lake natural gas processing plant in McKenzie County, North Dakota, extending southwest
Read More...Tallgrass Energy Wednesday announced the Hereford Project, roughly 30 miles of new pipeline, plus expanded capacity on the Pony Express system, Kallanish Energy reports. The new project is designed to support crude oil production in northern Weld County, Colorado, near the Wyoming-Colorado border. Sufficient interest arose during Pony Express’ existing open season for expansion capacity from
Read More...Rangeland Energy III’s Rangeland Midstream Canada unit Tuesday announced plans to design, construct and operate new crude oil and condensate pipelines in the Marten Hills region of north central Alberta, Kallanish Energy reports. The Marten Hills Pipeline System will extend roughly 52.8 miles and include crude oil and condensate pipelines and related facilities. The system
Read More...More than three-quarters of Americans want to see critical energy infrastructure developed more quickly – a goal of President Trump’s recent executive orders – and just one in five voter supports the so-called Green New Deal, a new report found. A full 79 percent of voters responding to a recent survey support “streamlining or expediting
Read More...President Trump today will sign an executive order designed to prevent states from blocking pipelines and other energy infrastructure by using authority they feel is afforded them under the federal Clean Water Act, Kallanish Energy reports. Under Section 401 of the Clean Water Act, companies must obtain certifications from a state before they can build federally-approved
Read More...Petroleo Brasileiro SA (Petrobras) agreed to sell its 90% stake in a Brazilian natural gas pipeline company to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion. Engie and Caisse won the bidding war for the unit, Transportadora Associada de Gas, known as Tag, beating out Australia’s Macquarie
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