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General Interest 2012 P6

  • 12/05/2012 -- Atlas Pipeline to buy Cardinal Midstream
    Atlas Pipeline Partners LP has agreed to buy Cardinal Midstream LLC. Owned or operated assets will include three cryogenic processing plants totaling 220 MMcfd capacity, about 66 miles of associated pipelines, and a gas treating business including 17 treatment plants in assorted hydrocarbon basins.
  • 12/05/2012 -- MARKET WATCH: Budget stalemate undercuts energy prices
    Energy prices fell across the board Dec. 4 due to a political impasse in negotiation of an US federal budget with the clock ticking toward a yearend deadline to avoid automatic tax increases and spending reductions.
  • 12/05/2012 -- Mining firm moves to buy Plains E&P, McMoRan Exploration
    Freeport-McMoran Copper & Gold Inc. reported plans Dec. 5 to acquire Plains Exploration & Production Co. and McMoRan Exploration Co. in cash-stock transactions to create what Freeport-McMoran is calling “a premier US-based natural resource company.”
  • 12/04/2012 -- MARKET WATCH: Crude, natural gas prices climb
    The front-month crude contract inched up 0.2%, Dec. 3 in the New York market despite a decline in the stock market following an unexpected contraction in the US Purchasing Managers Index (PMI) in November.
  • 12/04/2012 -- API: Keystone XL support is stronger than opposition
    Opposition to the Keystone XL crude oil pipeline project has become more noisy than widespread, American Petroleum Institute officials said on Dec. 4 as Nebraska’s Department of Environmental Quality prepared to hold a public hearing on the project’s proposed new route later that day.
  • 12/04/2012 -- IHS: Upstream, capital operating costs rise
    Capital and operating costs of oil and gas upstream projects continue to increase in a trend not likely to end next year, according to IHS indexes.
  • 12/03/2012 -- SAFE outlines steps to curb oil reliance, improve energy security
    The US should take specific steps soon to use its energy abundance to avert the looming fiscal crisis and accelerate the nation’s economic recovery, Securing America’s Future Energy recommended in a new report.
  • 12/03/2012 -- MARKET WATCH: Crude prices continue to climb; gas to fall
    Crude prices kept climbing with the front-month contract up 0.8% Nov. 30 in the New York market while natural gas continued to drop, down 7.8¢ in that session, as budget negotiations remained deadlocked in Washington, DC.
  • 12/03/2012 -- FWS considers listing lesser prairie chicken as endangered species
    The US Fish and Wildlife Service announced it will consider listing the lesser prairie chicken, a bird whose habitat is in five US Midcontinent states with oil and gas production, as an endangered species.
  • 11/30/2012 -- House subcommittee examines focus of federal energy R&D support
    Federal support of early-stage energy research and development in the 1980s and ‘90s led to technologies responsible for today’s US oil and gas renaissance, witnesses reminded a US House Science, Space, and Technology subcommittee.

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