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OGJ Newsletter

Aug 4, 2014

International news for oil and gas professionals

Center for LNG urges DOE to scrap proposed export review changes

Aug 4, 2014

The US Department of Energy's proposal to only issue national interest determinations to LNG export projects that have completed a National Environmental Policy Act review should be withdrawn, the Center for Liquefied Natural Gas said.

IG's office recommends EPA begin regulating LDC methane emissions

Aug 4, 2014

The US Environmental Protection Agency, which does not regulate methane emissions from natural gas local distribution companies (LDC), should start working with the US Pipeline & Hazardous Materials Safety Administration to address the problem, EPA's inspector general's office said in a July 25 report.

EIA: Weekly US refinery inputs set new record in July

Aug 4, 2014

Refinery inputs reached a record-high of 16.8 million b/d in each of the past 2 weeks, exceeding the previous record from summer 2005, according to the US Energy Information Administration.

Study examines return-investment balance

Aug 4, 2014

Europe and Africa are the regions under greatest scrutiny by major oil and gas companies trying to tighten capital discipline in response to pressure to improve shareholder returns, concludes a new report by Wood Mackenzie.

Apache planning exit of LNG projects in Australia, Canada

Aug 1, 2014

In a move “consistent” with its “ongoing repositioning for profitable and repeatable North American onshore growth,” Houston independent Apache Corp. reported July 31 during its quarterly earnings statement that it would exit completely its holdings in the Wheatstone LNG project in Western Australia and the Kitimat LNG project in Bish Cove, British Columbia.

Transco’s Garden State natural gas expansion fully contracted

Aug 1, 2014

Williams Partners LP’s wholly owned subsidiary Transcontinental Gas Pipe Line Co. LLC (Transco) has fully contracted its Garden State Expansion project designed to deliver 180 MMcfd of additional natural gas for local distribution to Hurricane Sandy-affected local gas distribution along the New Jersey coast.

Oregon LNG granted DOE approval to export to non-FTA countries

Jul 31, 2014

The US Department of Energy conditionally authorized LNG Development Co. LLC (Oregon LNG) to export the equivalent of up to 1.25 bcfd of US-produced LNG for 20 years to countries that do not have a free-trade agreement (FTA) with the US. The Oregon LNG terminal will be sited in Warrenton, Ore.

Golden Pass partners let contract for LNG export facility

Jul 31, 2014

Golden Pass Products LLC (GPP), a Houston-based joint venture of units of Qatar Petroleum International and ExxonMobil Corp., has let a front-end engineering design services contract to CB&I and partner Chiyoda Corp. for a proposed LNG export project at an existing import terminal in Sabine Pass, Tex.

EPP expands HSC ethane export agreements

Jul 31, 2014

Enterprise Products Partners LP (EPP) executed an additional long-term contract to provide ethane storage, transportation, refrigeration, and loading services from its 10,000-bbl/hr loading capacity ethane export terminal under construction at its Morgan’s Point site on the Houston Ship Channel. With the new agreement, EPP said it has long-term commitments for about 85% of the terminal’s capacity.

DOE unveils initiative to curb methane emissions from US gas systems

Jul 31, 2014

The US Department of Energy announced an initiative to reduce methane emissions from natural gas systems nationwide following a series of roundtables with stakeholders. The measures are part of the Obama administration’s larger methane emissions reduction strategy to fight causes of global climate change, DOE said.

Hess looks to form Bakken midstream MLP

Jul 30, 2014

Hess Corp. reported that it will pursue the formation and initial public offering of a midstream master limited partnership (MLP) that would support the company’s production growth in the Bakken shale.

LNG Ltd. to buy Nova Scotia site for exports

Jul 28, 2014

Liquefied Natural Gas Ltd. signed an agreement to buy 100% of Bear Head LNG Corp. (BHLC) in Nova Scotia from a subsidiary of Anadarko Petroleum Corp.

IG’s office recommends EPA begin regulating LDC methane emissions

Jul 28, 2014

The US Environmental Protection Agency, which does not regulate methane emissions from natural gas local distribution companies (LDC), should start working with the US Pipeline & Hazardous Materials Safety Administration to address the problem, EPA’s inspector general’s office said in a July 25 report.

Production from PNG LNG project reaches full capacity

Jul 28, 2014

The ExxonMobil Corp.-led Papua New Guinea LNG (PNG LNG) project is now producing at full capacity.

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