Natural Gas

Md. fracking rules coming before he leaves: O’Malley

Source: 
The Washington Post

Departing Gov. Martin O’Malley, D-Md., says he’ll draw up rules to govern fracking in the western part of the state which will limit pollution risks, even though his pro-drilling Republican successor would have the power to loosen restrictions once he takes office in January, The Washington Post reports.

Possible link between Dallas quakes, wastewater injection: Seismologist

Source: 
NBCDFW

At least four small earthquakes have shaken the Dallas area since the weekend, and SMU seismologist Brian Stump told NBCDFW it’s possible they could be linked to fluid accumulating in wastewater injector wells in the region over the past decades.

Shale gas company extends exploration in Poland

WARSAW, Poland (AP) — Oil and gas firm San Leon Energy is extending its licenses to explore for shale gas in northern Poland, a company official said Tuesday.

The decision is good news for the shale gas sector in Poland, where, after an initial rush, major exploring companies pulled out citing difficult geological conditions and restrictive regulations.

Ukraine still struggling to get shale investment

WARSAW, Poland (AP) — Ukraine's government is still struggling to entice Western companies to invest in exploration for shale gas despite recent reforms meant to help the industry.

Maksim Karpin, a Ukrainian state official for geology and mineral resources, said Tuesday that the government was "taking every step" to meet international standards as well as the needs of the companies on the ground, but it was still waiting to see foreign investment.

Egypt looks to import Cypriot natural gas

NICOSIA, Cyprus (AP) — Egypt is speeding up talks with neighboring Cyprus to import natural gas for its domestic use and for possible re-export to other countries, the Egyptian petroleum minister said Tuesday.

Sherif Ismail said gas can be piped directly to Egypt from the field off Cyprus' southern coast that is estimated to hold 3.6 trillion to 6 trillion cubic feet of the fossil fuel.

Oil

Jacobs Engineering CEO to retire this year

PASADENA, Calif. (AP) — The construction services firm Jacobs Engineering says CEO Craig Martin will step down in late December because of health reasons.

Former CEO and current board chairman Noel Watson will serve as executive chairman until a replacement for Martin is found, the company said in an announcement Sunday.

Russian gas transit plummets in Ukraine in October

Source: 
Platts

Only 3.87 billion cubic meters of natural gas heading to Europe from Russia moved through pipelines in Ukraine in October, a little over half of the amount transiting in the year-ago period, Platts reports.

December natural gas ends higher on volatile trading

Source: 
Platts

The natural gas contract for December delivery closed out on the Nymex Thursday at $4.489 per million British thermal units, an increase of 11.8 cents, on continuing cold weather and a report of greater-than-expected storage withdrawal, Platts reports.

Oil

Tribal head to speed North Dakota pipeline talks

BISMARCK, N.D. (AP) — The new leader of North Dakota's oil-rich Three Affiliated Tribes is pledging to speed negotiations on a proposed pipeline through tribal land that would curb the wasteful burning of natural gas in the state by more than 10 percent.

North Dakota's booming oil production has led to an unmanageable increase in the state's output of natural gas, which is a byproduct of oil production. Oneok Inc., the biggest operator of natural gas pipelines and processing plants in North Dakota, wants to build a 20-mile-long pipeline to capture natural gas from oil wells in Dunn County and move it to an existing pipeline network nearby. But the Three Affiliated Tribes has demanded environmental assurances and cash for permission for it to pass through land it recently acquired.

Investors give green light to Kinder Morgan merger

Source: 
FuelFix

Kinder Morgan’s $44 billion move to bring its four pipeline companies together has won approval from investors, FuelFix reports.

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