More Oil & Gas News

Watching Government: Gas and the Clean Power Plan

The Obama administration may hope that the final rule for coal-fired power plants that it announced Aug. 3 will lead to more renewable and alternative technologies being deployed.

Energy panel votes to send broad policy bill to Senate floor

The US Senate Energy and Natural Resources Committee sent the broad energy policy bill developed by Chair Lisa Murkowski (R-Alas.) and Ranking Minority Member Maria E. Cantwell (D-Wash.) to the full Senate for final debate by 18 to 4 votes on July 30.

Murkowski, Warner want US ready to use energy abundance strategically

The US should better prepare itself to use its new energy abundance as a geopolitical tool by jettisoning obsolete policies and broadening access for potential overseas customers, two US Senators recommended.

Clean Power Plan ignores gas's potential role, industry groups say

The Obama administration's final rule to curb US power plants' greenhouse gas emissions did not acknowledge natural gas's potential contributions, officials from two national oil and gas associations initially said in separate statements following the regulation's Aug. 3 release.

BSEE grants Shell limited drilling rights for Chukchi project

The US Bureau of Safety and Environmental Enforcement (BSEE) has granted conditional approval to Royal Dutch Shell PLC of two applications for permits to drill (APD) to conduct limited exploratory drilling in the Chukchi Sea offshore Alaska.

Latest Texas Petro Index shows 'economic disconnect'

The Texas Petro Index (TPI) for June indicates that crude oil and natural gas production and jobs estimates in the Lone Star State increased from May despite the unfavorable economic climate.

Industry 2Q earnings, jobs dissolve amid continued oil-price slump

A difficult year thus far for the integrated, multinational oil and gas firms caused by low oil prices has been somewhat eased by improved production and better refining margins. However, overall earnings and spending are down, and in the case of Royal Dutch Shell PLC, conditions are resulting in job cuts.

Gas targeted, too

The US Environmental Protection Agency confirmed two related and already well-founded suspicions when it published its final rule on emissions of carbon dioxide from power plants.

Alliance Pipeline flaring sour gas in Saskatchewan

Alliance Pipeline LP has started flaring to evacuate hydrogen sulfide that entered a section of its mainline pipeline from an upstream operator, the company said. The mainline will remain shut for several days.

Narrowing the gap

The US Pipeline & Hazardous Materials Safety Administration (PHMSA) last year proposed updating its rules to require mapping interstate natural gas pipelines to within 5 ft of accuracy.

DOE allows LNG exports in containers from Florida to non-FTA nations

The US Department of Energy ruled that American LNG Marketing LLC’s proposal to export LNG in International Standards Organization certified containers from South Florida to countries not having a free trade agreement with the US is consistent with the national interest.

MARKET WATCH: NYMEX crude oil price approaching March lows

The light, sweet crude oil contract for September delivery settled at $43.87/bbl on the New York market Aug. 7, putting it close to 2015 lows experienced during March, which analysts attributed to a higher US gasoline inventory and world crude market oversupply concerns.

Kinder Morgan to boost US tanker fleet

Kinder Morgan Inc. entered a definitive agreement to acquire four new 50,000-dwt product tankers qualifying for intracoastal US trade under the Jones Act.

OGJ Newsletter

International news for oil and gas professionals

Simonette gas plant upset led to Alliance mainline closure, Keyera says

Complications resulting from an operational upset at Keyera Corp.’s Simonette gas plant, located 57 miles southwest of Valleyview, Alta., have caused Alliance Pipeline LP to declare a force majeure along the mainline system of its 3,848-km (2,391-mile) integrated Canadian and US natural gas transmission pipeline.

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