Archive for January, 2016

New pipelines increase Northeast natural gas takeaway capacity

New pipelines increase Northeast natural gas takeaway capacity

New pipelines are moving natural gas to nearby market areas in Mid-Atlantic area (New York, New Jersey, Pennsylvania) A number of recently completed and upcoming natural gas infrastructure projects are expected to increase the reach of natural gas produced in the Marcellus and Utica regions of the Northeastern United States (see map), according to the US […]

By January 28, 2016 0 Comments Read More →
Canadian pipelines proposal assessment mechanisms released

Canadian pipelines proposal assessment mechanisms released

Ministerial advisor will consult on proposed Canadian pipelines with indigenous communities OTTAWA _ The Liberal government has added two new review mechanisms to how major new pipeline proposals are assessed, but Natural Resources Minister Jim Carr says approval or rejection ultimately will come down to a judgment call by cabinet. Carr and Environment Minister Catherine McKenna announced […]

By January 28, 2016 0 Comments Read More →
Demand for petroleum rose in Dec., highest in 5 years – API

Demand for petroleum rose in Dec., highest in 5 years – API

Crude oil stocks at highest inventory level for Dec. since 1930 Total petroleum deliveries, a measure of consumer demand, in Dec. rose by 1.1 per cent from Dec. 2014 to average nearly 19.7 million barrels per day, according to API’s Monthly Statistical Report for Dec. 2015. These were the highest Dec. deliveries in five years. “Low […]

By January 28, 2016 0 Comments Read More →
Prominent democrats back fracking, natural gas for climate and energy saving benefits

Prominent democrats back fracking, natural gas for climate and energy saving benefits

Martin O’Malley, Sheldon Whitehouse announced support for fracking, natural gas By Jacques Klick for EnergyInDepth.org This week, former Maryland Governor and current Democratic presidential candidate, Martin O’Malley declared his support for hydraulic fracturing and natural gas. At an Iowa campaign stop, O’Malley described natural gas as a “bridge” fuel that can help promote renewable sources […]

By January 27, 2016 0 Comments Read More →
UN chief wants clean energy investments doubled by 2020

UN chief wants clean energy investments doubled by 2020

Increase in clean energy investment an important part of Paris summit On Wednesday, the U.N. secretary-general is challenging investors around the world to at least double their investments in clean energy by 2020. Ban Ki-moon told over 500 global investors at the UN investor summit on climate risk that increasing investment in clean energy is critical in […]

By January 27, 2016 0 Comments Read More →
Half of US households would allow utility to control smart home devices – poll

Half of US households would allow utility to control smart home devices – poll

“The growth of smart home devices coincides with interest from utilities to tap into not only those devices, but also distributed generation or energy storage assets” DALLAS, TX – Nearly 30 per cent of U.S. broadband households value control of their smart home energy devices over cost savings, but approximately one-half of product owners or purchase intenders […]

By January 27, 2016 0 Comments Read More →
Chevron announces first gas from Chuandongbei project in China

Chevron announces first gas from Chuandongbei project in China

Chuandongbei estimated to contain recoverable natural gas resources of 3 trillion cubic feet SAN RAMON, Calif. – Chevron Corporation announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects developed […]

By January 27, 2016 0 Comments Read More →
Credit ratings outlook for US oil & gas revised to negative on lower prices – Fitch

Credit ratings outlook for US oil & gas revised to negative on lower prices – Fitch

Investment grade E&Ps currently on Negative Outlook include ConocoPhillips, Hess, Southwestern Energy Company NEW YORK, NY – The dramatic price declines afflicting the oil and gas industry is finally beginning to affect company credit ratings, according to Fitch Ratings. Fitch Ratings has revised its 2016 rating outlook for the US oil and gas industry to […]

By January 27, 2016 0 Comments Read More →
Russian oil company Transneft, OPEC plan talks on output cuts

Russian oil company Transneft, OPEC plan talks on output cuts

Saudis are the main negotiators in OPEC, Transneft talks MOSCOW _ The head of Russian state oil pipeline monopoly Transneft says talks on output cuts are planned with Saudi Arabia and the Organization of the Petroleum Exporting Countries. Transneft head Nikolai Tokarev said that Saudi Arabia had “taken the initiative and come out with a proposal […]

By January 27, 2016 0 Comments Read More →
Consortium to test ‘disruptive compression technology’ for CNG refueling

Consortium to test ‘disruptive compression technology’ for CNG refueling

Carnot Compressor projected to cut the energy utilized for CNG compression by 30% PORTLAND, Ore. – A new industry consortium comprised of companies from the United States and Canada has been created to build and test an innovative CNG refueling unit. The planned 2-GGE/hour prototype compressor will use Carnot’s proprietary isothermal micro-bubble CNG compression technology, which utilizes […]

By January 27, 2016 0 Comments Read More →