Archive for May, 2015
Alaska LNG: $60 billion project gets condition approval
Alaska LNG production not expected for 10 years The Alaska LNG project, one of the largest in the world, cleared a major hurdle Thursday as the DOE granted it an export licence. The $50 billion project will export natural gas from Alaska’s massive North Slope resources to non-free trade countries like Japan, China, India and Taiwan. Approval for […]
Baker Hughes rig count: Texas down 4, USA down 10 to 875
Baker Hughes rig count up in Colorado, Oklahoma, Alaska, New Mexico Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 10 this week to 875. Houston-based Baker Hughes said Friday 646 rigs were seeking oil and 225 explored for natural gas. Four […]
Plains All American pipeline leak response scrutinized
Critics say Plains All American leak response was inadequate Firefighters, emergency workers and officials from Plains All American Pipeline had gathered last week at a fire station preparing to train for the worst – an oil spill – when a 911 call came in reporting a noxious smell in the air at a nearby beach. The Santa […]
American coal facing tough competition from shale natural gas
American coal companies partly blame Environmental Protection Agency for their woes American coal producers expect declining production and plenty of job losses as their product is battered by the shale revolution in states like Texas, Pennsylvania, and Colorado. West Virginia University researchers predict that state coal production will drop 39 per cent compared with the industry’s last […]
Renewable energy revolution? More like a crawl
Energy transitions are slow and create own technical, economic and social challenges America in 2015 finds itself almost in a new energy reality. It recently became the world’s second–largest extractor of crude oil, and since 2010 has been the leading producer of natural gas, whose abundant and inexpensive supply has been accelerating the retreat from coal as a national source of electric power. Some see this as […]
Natural gas revolution sparks rapid American industrial consumption
Industrial use of natural gas use feedstock growing by 3% annually Thanks to the shale revolution, cheap natural gas is igniting an explosive growth in American industry, which is the fastest growing consumer of natural gas, according to the US Energy Information Administration. A large portion of both consumption and anticipated growth is in the […]
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