The British charity the CHEM trust is warning that hydraulic fracturing poses health risks, issuing a report as the Lancashire County Council is set to vote whether to approve England's first fracking operation, the Independent reports.
MEXICO CITY (AP) — The Mexican government has announced plans for nearly $10 billion worth of electricity and natural gas infrastructure projects, including a gas pipeline under the Gulf of Mexico from Texas to the port of Veracruz.
The Federal Electricity Commission said Monday that the costliest project would be the 500-mile underwater pipeline for carrying natural gas from South Texas. The pipeline is intended to go into operation in June 2018.
An offer from Energy Transfer Equity to buy natural gas pipeline operator Williams Cos. for $48 billion may have been 33 percent higher than Williams’ shares were trading Friday, but after the offer was rejected as too low, Williams stock surged Monday, The Wall Street Journal reports.
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 857.
Houston-based Baker Hughes said Friday 631 rigs were seeking oil and 223 explored for natural gas. Three were listed as miscellaneous. A year ago, with oil prices nearly double the current levels, 1,858 rigs were active.
When the price of oil plummeted more than 50 percent between June 2014 and January 2015, oilfield services and products like drilling, well casing, cementing and fracking sand took hits as well, a new analysis from the government’s energy statistics agency says.
The Energy Information Administration report examined the Bureau of Labor Statistics’ Producer Price Index, or PPI, which tracks the rates that oil and natural gas support companies were charging for their services during the period from June 2014 to May 2015.
A smaller-than-expected build in natural gas inventories reported by the Energy Information Administration wasn’t enough to boost prices, falling 1.9 cents to $2.836 per million British thermal units, according to FuelFix.
Kinder Morgan is looking to put together a 1,100 mile pipeline to bring natural gas from the Marcellus and Utica Shale plays to Gulf Coast refineries, and is soliciting contracts from producers, FuelFix reports.
The rebound in oil prices following Wednesday’s slump was wiped out late Thursday by news of a jump in the number of rigs drilling for oil in the U.S. Light, sweet crude for August delivery settled down 3 cents to $56.93 a barrel on the Nymex, while in London, Brent finished up 6 cents to $62.07, Dow Jones reports.
The Grain Belt Express, a $2.2 billion transmission line proposed by Clean Line Energy to bring wind power from Kansas to points east, through Missouri, has been rejected by the Missouri Public Service Commission, The Kansas City Star reports.
A $15,000 grant from the Environmental Protection Agency to fund research into cutting particulate emissions from barbecues has attracted criticism from Sen. Rob Portman, R-Ohio, who declared his constituents “should be able to grill in peace,” The Hill reports.
The U.S. role in Copenhagen climate talks in 2009, and media coverage of it, had Secretary of State Hillary Clinton’s attention, judging from the emails released by the State Department this week, E&E reports.
After last month’s pipeline leak near Santa Barbara, Calif., the Pipeline and Hazardous Materials Safety Administration is proposing a requirement that operators notify regulators within an hour of any problem, The Hill reports.