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Senators offer bill to reform energy project cross-border permitting

Sep 16, 2014

Four US senators—2 Democrats and 2 Republicans—introduced legislation to prevent extended delays of energy projects requiring a cross-border permit by moving reviews of applications from the White House to appropriate federal agencies.

Bill Barrett to divest Powder River, Piceance properties

Sep 16, 2014

Bill Barrett Corp., Denver, reported that it has agreed with several undisclosed buyers to sell the majority of its Powder River basin acreage and remaining position in the Gibson Gulch natural gas program in Colorado’s Piceance basin in deals totaling $757 million.

API official calls for end to nearly 6-year Keystone XL permit delay

Sep 16, 2014

Three days before the sixth anniversary of TransCanada Corp.’s original filing for presidential approval of the proposed Keystone XL crude oil pipeline’s cross-border permit application, an American Petroleum Institute official said the Obama administration is catering to a small minority at the expense of the US national interest and the wishes of the vast majority of ordinary Americans.

AER approves conversion to low-pressure steaming at CNRL’s Primrose East

Sep 16, 2014

Alberta Energy Regulator has approved an application by Canadian Natural Resources Ltd. to convert to low-pressure steamflooding at its Primrose East Area 1 bitumen project.

Study finds bad well construction, not fracing, fouled water wells

Sep 16, 2014

Fugitive methane found in water wells above the Marcellus and Barnett shales came from poor well construction, not hydraulic fracturing, a study the National Academy of Sciences released on Sept. 15 concluded.

EPA approves GHG permit for Texas condensate splitter

Sep 16, 2014

The US Environmental Protection Agency has issued a final greenhouse gas (GHG) prevention of significant deterioration (PSD) construction permit to CCI Corpus Christi LLC, a holding of Castleton Commodities International LLC (CCI), Stamford, Conn., for a $500 million petroleum processing installation to be located near Corpus Christi, Tex.

MARKET WATCH: Brent oil futures prices fall as China’s factory output slows in August

Sep 16, 2014

Crude oil futures rose modestly on the New York market on Sept. 15 while Brent fell modestly on the London market. Meanwhile, China released an economic report indicating possible weakening world oil demand.

Uneven effects seen from new Appalachian pipelines

Sep 15, 2014

Producers in the Appalachian basin will benefit unevenly from markets opening for natural gas from the Marcellus and Utica shales, according to a Canaccord Genuity analyst.


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