A Staggering $1.5 Trillion of Energy Projects Might Not Get Built in Time Well-respected energy-industry consultancy Wood Mackenzie recently issued a startling report. It concluded that low oil prices could lead to a delay in a staggering $1.5 trillion worth of oil and gas projects in the near term. It’s a rather dire warning not … Continue reading A Staggering $1.5 Trillion of Energy Projects Might Not Get Built in Time
Energy Transfer to Buy Williams Cos. After Yearlong Pursuit Energy Transfer Equity LP said it will buy Williams Cos. for roughly $32.6 billion, reaching a deal to create an energy-moving giant after a nearly yearlong pursuit of the rival pipeline operator. In light of the agreement, Williams also terminated its deal to acquire pipeline affiliate … Continue reading #Energy_Transfer to Buy #Williams Cos. After Yearlong Pursuit
ISO-NE: Reliability improved, but more gas capacity needed for upcoming winter New England’s transmission system is improving, but according to the region’s grid operator, requires additional transmission, generation and gas pipeline capacity. According to ISO New England’s draft regional plan — set to be finalized in November — transmission owners placed more than 600 projects … Continue reading ISO-NE: Reliability improved, but more gas capacity needed for upcoming winter
Public Service Enterprise Unit to Drive Gas System Upgrade The primary subsidiary of Public Service Enterprise Group Inc. (PEG – Analyst Report) – Public Service Electric and Gas Company (PSE&G) – has reached a settlement with the New Jersey Board of Public Utilities (BPU) and the New Jersey Division of Rate Counsel to accelerate the … Continue reading Public Service Enterprise Unit to Drive Gas System Upgrade
Chesapeake Energy Corporation Seals a Deal With Williams Companies to Reduce Costs Chesapeake Energy Corporation (NYSE:CHK) has taken another big step forward to reduce its costs so that it can increase the margin it’s earning on its natural gas production in a low price environment. That step is in the form of a new gas … Continue reading #Chesapeake_Energy Corporation Seals a Deal With #Williams_Companies to Reduce Costs
More Pain For Penn West The news coming out Penn West (NYSE:PWE) is rather grim. The company has just announced a series of actions which are all focused on it surviving the current period of lower commodity prices. From the press release: we will limit our capital expenditures to funds flow from operations by year-end … Continue reading More Pain For #Penn_West
Lower natural gas prices mean bill reduction for OG&E customers Lower natural gas prices and the effects of a wholesale regional electricity market will mean lower bills for Oklahoma Gas and Electric Co. customers, the utility said Tuesday. OG&E said the typical residential customer should see a monthly bill reduction of $5, starting this month. … Continue reading Lower natural gas prices mean bill reduction for #OG&E customers
America’s Most Unlikely Energy Project Is Rising From a Louisiana Bayou From a mile away, at the distant end of a flat, two-lane road, the Sabine Pass Liquefied Natural Gas terminal materializes like an alien city from the haze of the Louisiana bayou. Five white cylinders with domed tops, each 140 feet tall and 225 … Continue reading America’s Most Unlikely Energy Project Is Rising From a Louisiana Bayou #Sabine_Pass
Dueling Studies Dispute Need for More Pipelines in New England Two studies released last week came to opposite conclusions on the need for additional natural gas pipeline capacity in New England. The results were unsurprising: One study was funded by domestic natural gas producers; the other by a liquefied natural gas importer. GDF SUEZ One … Continue reading Dueling Studies Dispute Need for More #Pipelines in #New_England
Is Europe the new frontier for US energy exports? In the past five years, new techniques of oil and natural gas extraction in the United States have untapped large volumes of oil and natural gas and transformed the U.S. from an energy importer to a self-sufficient economy with an oil and gas surplus. Some of … Continue reading Is Europe the new frontier for US energy exports?
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