Natural gas

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New Mexico Governor Richardson Issues Statement on Proposed Plans for Oil and Gas Drilling in Galisteo Basin

December 19, 2007 -- (Santa Fe, NM) Today New Mexico Governor Richardson issued the following statement on the proposed oil and gas drilling in the Galisteo Basin:

“I’m skeptical that oil and gas drilling can be conducted in the Galisteo basin without placing our environment and water quality at risk,” said Governor Richardson.    » read more »

Wyoming State Engineer Seeks Explanation Of Water Production

CHEYENNE, Wyo. - A permit to appropriate ground water in order to produce coal-bed methane gas carries with it an expectation that the production of gas will occur in a timely fashion.

This week, State Engineer Pat Tyrrell asked for an explanation of how natural gas operations are putting water to "beneficial use" when little to no gas is being collected from some of their wells. The wells of interest are at least five years old, and are located in the Clear Creek and Crazy Woman Creek drainages of the Powder River Basin. A total of 296 wells are involved.    » read more »

ConocoPhillips Joins World Bank’s Efforts to Reduce Greenhouse Gases from Burning of Natural Gas

The 150 billion cubic meters of natural gas flared or burnt off annually releases some 400 million tons of carbon dioxide emissions

WASHINGTON, DC, December 12, 2007— The World Bank’s Global Gas Flaring Reduction partnership (GGFR) today welcomed ConocoPhillips’ decision to join and support the efforts of other oil producing countries and companies in minimizing the wasteful practice of burning natural gas –also known as gas flaring- and reducing greenhouse gases to mitigate the impact of climate change.    » read more »

Alaska Governor Palin Announces AGIA Applications

November 30, 2007, Anchorage, Alaska – Alaska Governor Sarah Palin today announced five companies have submitted applications for the exclusive right to build a natural gas pipeline to transport North Slope gas to market.

The applicants are Alaska Gasline Port Authority, AEnergia LLC, TransCanada, Sinopec ZPEB and Alaska Natural Gasline Development Authority.    » read more »

This Week in Petroleum: November 7, 2007

Why Are Oil Prices So High?

November 7, 2007 -- One of the most discussed topics in the media today, besides the 2008 Presidential races, is the high price of oil. Crude oil prices have increased dramatically this year, with West Texas Intermediate (WTI) prices climbing from an average of nearly $55 per barrel in January to over $95 per barrel at the beginning of this month.    » read more »

Lautenberg Applauds Decision To Give NJ Review of Proposed Man-Made Liquefied Natural Gas Facility Off Coast

NJ Sen. Concerned About Safety, Environmental and Economic Impact of Proposed Large-Scale, Man-Made Facility Off New Jersey Coastline

November 2, 2007 -- WASHINGTON, D.C. – Citing safety, environmental and economic concerns, Sen. Frank R. Lautenberg (D-NJ) today applauded the decision to give New Jersey the power to review a proposed liquefied natural gas (LNG) facility 19 miles off the coast of the state.    » read more »

Kentucky Governor Fletcher Announces Peabody Energy, Conocophillips to Evaluate Sites Exclusively in Kentucky

Monumental $3 billion project paves the way to make Kentucky national leader in alternative fuel industry

October 29, 2007 -- FRANKFORT, Ky. – Kentucky Governor Ernie Fletcher today joined Rick Bowen of Peabody Energy in making the highly anticipated announcement that Kentucky Syngas LLC, a wholly owned subsidiary of Peabody Energy Corp., has narrowed its focus exclusively to Kentucky as it evaluates sites for a $3 billion synthetic natural gas facility.    » read more »

Coast Guard: John Kerry On Coast Guard's Recommendation Against LNG Facility In Fall River

10/24/2007 -- BOSTON – Senator John Kerry today issued the following statement about the Coast Guard’s recommendation against a Liquefied Natural Gas (LNG) facility in Fall River. The Coast Guard reached the conclusion, after exhaustive study, that the waterway is “unsuitable for LNG traffic due to navigational safety challenges” and that the risk of mishap is “unacceptably high.”    » read more »

Storm Kills at Least 18 Mexican Oil Workers

25 October 2007 -- At least 18 Mexican oil workers are now dead after an accident at an offshore oil drilling facility Tuesday in the Gulf of Mexico.

The accident occurred when an oil drilling rig slammed into a platform during a heavy storm that caused 130 kilometer an hour winds and eight-meter high waves.

Mexico's state-owned energy company Pemex says 86 workers abandoned their drilling platforms and escaped into emergency life rafts. At least 61 people were rescued. Seven other people are missing.    » read more »

Rhode Island AG Hails Coast Guard's Recommendations Finding RI And MA Waterways Unsafe To Transport LNG

2007-10-24 -- Rhode Island Attorney General Patrick C. Lynch issued the following statement concerning today's decision by the US Coast Guard that finds much of the proposed route LNG tankers would traverse to an LNG terminal at Weaver's Cove unsafe for transit:    » read more »

Rhode Island Governor Praises Coast Guard’s Decision To Reject Weaver’s Cove LNG Transit Plan

Rhode Island Governor Donald L. Carcieri today praised a decision by the U.S. Coast Guard to recommend against a proposal by Weaver’s Cove to transport liquefied natural gas (LNG) through portions of Narragansett Bay to its proposed new marine terminal in Fall River. The Coast Guard determined that the waterways in Rhode Island and Massachusetts are not suitable for the transit of LNG vessels.

The Coast Guard ruling follows a similar decision in August by the Rhode Island Department of Environmental Management.    » read more »

Kentucky Attorney General Stumbo Negotiates $1.7 Million Dollar Reduction In Proposed Delta Natural Gas Charges

September 28, 2007 -- Kentucky Attorney General Greg Stumbo today signed a settlement agreement with Delta Natural Gas Company which reduces a requested natural gas rate increase by approximately 30 percent. The agreement limits Delta to a general increase of $3.92 million, a decrease of more than $1.7 million from its original request of 5.64 million.

“My office will continue to protect Kentucky’s citizens by fighting unfair utility rate increases,” said Stumbo.    » read more »

Williams Announces Non-Binding Open Season on Transco Natural Gas Pipeline

85 North Expansion to provide additional firm capacity

TULSA, Okla., Sept. 18 /PRNewswire-FirstCall/ -- A unit of Williams (NYSE: WMB) announced today it is holding a non-binding open season from Sept. 18 to Oct. 31, 2007, for an expansion project designed to provide increased capacity on its Transco natural gas pipeline system to serve markets in the southeastern United States.    » read more »

Connecticut Governor Rell Asks Congressional Energy Committees to Probe Possible Natural Gas Price Manipulation

September 13, 2007 -- Connecticut Governor M. Jodi Rell today announced she has asked the chairmen and ranking members of the U.S. Senate and House committees with oversight of the energy industry to begin an immediate investigation into possible manipulation of the price of natural gas.    » read more »

Trade-Offs Reveal No Clear Favorites in Alternative Energy Market

11-Sep-2007, CHICAGO, Ill. -- The nuclear power industry is riding the green wave back into public favor with its promise of a low-carbon solution to our growing energy needs. But even as the industry struggles to dictate what role nuclear can realistically play, it is bound by a global energy landscape—from solar to carbon sequestration—that is still predominantly shaped by the marketplace.    » read more »

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