August 2015

Canada to US natural gas pipeline shut down due to hydrogen sulphide

News

Natural gas pipeline shut down expected to last for indeterminate amount of time CALGARY – Alliance Pipeline says it has shut a major Canada-U.S. natural gas pipeline while it handles dangerous hydrogen sulphide gas that entered the system. The closure of the nearly 4,000-kilometre pipeline, jointly owned by an Enbridge affiliate (TSX:ENB) (TSX:ENF) and Calgary-based Veresen (TSX:VSN), is expected to last […]

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Pioneer Natural Resources sticks with plan to increase Permian drilling

Energy Financial, Innovation

Internal rates of return are still excellent despite low oil prices, says Pioneer Natural Resources Pioneer Natural Resources isn’t backing down from its plan to significantly increase drilling in the Permian Basin, despite a drop in the price of oil by 20 per cent in recent weeks. “[I]nternal rates of return are most important in

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Alternative energy stock funds held up as the price of oil plunged

Energy Financial

Alternative energy stock investors enjoy steadier ride than traditional energy funds holders NEW YORK – Even as the tumble in oil prices pummels the industry, one small, and perhaps surprising, group of energy stock funds has held up better than its peers: those investing in solar, wind and other alternative energy sources. It’s an unexpected bright spot because alternative energy stocks

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Texas sets record for electricity consumption on Wednesday – ERCOT

News

ERCOT expects high demand for electricity during remainder of week The Electric Reliability Council of Texas (ERCOT) system set an all-time record for hourly demand between 4 and 5 p.m. Wednesday, with peak demand for electricity reaching 68,459 megawatts (MW). “We appreciate the work generation and transmission providers in the ERCOT region have put into preparing

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Marcellus gas pipeline through WV forest concerns feds

News

Proposed Marcellus pipeline travels through national forests RICHMOND, Va. – The U.S. Forest Service has raised hundreds of concerns about a proposed natural gas pipeline that would carve a 30-mile swath through national forests in Virginia and West Virginia. The written comments to federal regulators question why the proposed route of the Atlantic Coast Pipeline has to

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Exxon Mobil acquires 48,000 acres in Permian Basin

News

XTO Energy operates 11 horizontal, 4 vertical rigs across Permian Basin Exxon Mobil has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Permian Basin, the company announced Thursday. The two agreements include an acquisition and farm-in adjoining XTO Energy’s existing acreage position in Martin and Midland Counties, providing rights to all intervals

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Energy should be top issue of 2016 American election campaign

Markham on Energy

Texas Railroad Commissioner Christi Craddick says America needs a national energy strategy. Election is the perfect time for debate about energy With the introduction of the Clean Power Plan, President Barack Obama has inserted energy squarely into the 2016 election campaign. Now, the candidates need to tell us where they stand. There is a very good argument

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