A 178-mile pipeline extending through Louisiana and servicing the Haynesville Shale, considered to be one of the largest domestic natural gas finds in years, will be built by two energy companies. For full story, click here
Energy Transfer Partners LP, which operates natural gas midstream and transportation and storage businesses, said Tuesday it struck an agreement with a subsidiary of Chesapeake Energy Corp., the nation’s largest natural gas producer, to construct a natural gas pipeline, a project estimated to cost between $1 billion and $1.2 billion. For full story, click here
In Fitzman vernacular “to shine” means to ignore, blow-off, or “diss”. Which is exactly what Obama did when he delivered his first major policy speech on energy since becoming our Commander-in-Chief: Obama “shined” natural gas. For full story, click here
There is no comfort provided by this update as we expect that the [natural gas] price softness seen in the early stages of 2009 will extend throughout the calendar year, the First Energy Capital analyst wrote in a note to clients For full story, click here
The utility, a subsidiary of Pepco Holdings Inc., has filed a request with the Public service Commission to lower rates for homeowners by 4.8 percent, an average savings of $9.30 a month. For full story, click here
The Cabinet of Ministers ordered the Fuel Ministry and Industrial Policy Ministry to enforce a switch by industrial and heating plants to heavy oil instead of gas wherever they can, and simplified the procedure for purchase of heavy oil. For full story, click here
Epsilon Energy Ltd. is pleased to provide the following operations update on its exploration activities covering its Northwest Area Study Agreement in the Federal Democratic Republic of Ethiopia . For full story, click here
India’s state-run Oil and Natural Gas Corp said on Saturday it has signed a deal to explore for oil and gas in the Satpayev Block in Kazakhstan. For full story, click here
Kuwait’s Noor Financial Investment Co and a unit of Russia’s Gazprom are setting up an oil and gas exploration joint venture, an official from the Kuwaiti company was quoted as saying. For full story, click here
US Minerals Management Service will formally begin a process that could lead to companies exploring for oil and gas in federal waters off the Atlantic coast. For full story, click here
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