Prices - Natural Gas

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Alberta’s Energy Minister: Royalty Rates Framework Will Change In 2017

Alberta’s energy minister, Marg McCuaig-Boyd, said royalty rates paid by oil and gas companies will not change until 2017, helping companies budget for the important winter drilling season, Reuters reported.

Erin Pedigo
Fri, 08/28/2015 - 13:55
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Oil Heads For First Weekly Rise Since Mid-June

"Spreads in U.S. crude yesterday were weaker across the board, even though the spot contract was up 10%," Tariq Zahir at Tyche Capital Advisors in Laurel Hollow, N.Y., said, Reuters reported.

Erin Pedigo
Fri, 08/28/2015 - 12:06
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ExxonMobil, BHP Will Spend US$290 Million To Replace Australian Pipeline

ExxonMobil Corp and BHP Billiton will replace a 187 kilometer (116 mile) pipeline that transports crude oil and condensate between two of their sites in Australia's Victoria state, Reuters said.

Erin Pedigo
Fri, 08/28/2015 - 08:56
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Polarled Gas Pipeline Becomes First To Cross Arctic Circle

Statoil’s Polarled gas pipeline will open a new gas highway from the Norwegian Sea to Europe by crossing the Arctic Circle. The 482-kilometer pipeline is being transported by Allseas’ Solitaire vessel.

Thu, 08/27/2015 - 15:50
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Three Contractors Have Minor Injuries After Pipeline Fire In Louisiana

Cause of pipeline fire near Marsh Island, La., will not be disclosed until an investigation is completed, Boardwalk said. The 10-inch pipeline belongs to Gulf South Pipeline Co., Reuters said.  

Erin Pedigo
Thu, 08/27/2015 - 09:02
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Total Will Sell Some North Sea Pipeline Assets To ArcLight Capital Affiliate

The US$907 million sale to North Sea Midstream Partners, an ArcLight Capital affiliate, includes the Frigg U.K. and SIRGE gas pipelines and the St. Fergus gas terminal, Reuters said. 

Erin Pedigo
Thu, 08/27/2015 - 08:52
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TransCanada, Eastern LDCs Reach Agreements Over Pipeline Issues

TransCanada might convert 3,000 kilometers of one of its Canadian Mainline pipelines that is currently not fully contracted on a firm basis from gas to oil service for Energy East.

Wed, 08/26/2015 - 15:08
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Crude Inventories Fall After Gas Inventories Rise

Gasoline stocks rose 1.7 million barrels, compared with forecasts for a 1.3 million-barrel drop. Distillates climbed 1.4 million barrels, vs. expectations for a 1.0 million barrels increase, Reuters said.

Erin Pedigo
Wed, 08/26/2015 - 11:24
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State Judge Approves Exxon’s $225 Million New Jersey Pollution Settlement

Natural resources contamination resulted from refineries in Bayonne and Linden, N.J., and elsewhere. Some surface water damages claims can still be pursued, said John Hoffman, acting attorney general, Reuters said.

Erin Pedigo
Wed, 08/26/2015 - 08:42
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Key North American Hub Prices: August 25, 2015

Key North American Hub Prices: August 25, 2015

Tue, 08/25/2015 - 15:58
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Deal Gives Encana Exit From Louisiana Haynesville

After a decade in the Haynesville, the company shifted from natural gas to a broader asset base that included liquids. The company also gains relief from obligations to its midstream assets.

Emily Moser
Tue, 08/25/2015 - 12:30
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Southern’s Deal For AGL Resources Spotlights Shale-Gas Use

AGL is planning to spend $670 million on interstate pipeline construction projects, including infrastructure from the Marcellus and Utica and that could grow volumes moving to the Southeast, Midcontinent and Eastern Canada.

Darren Barbee
Mon, 08/24/2015 - 13:07

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