Texas-based NuStar energy and Mexico's Petroleos Mexicanos today announced plans to build a cross-border pipeline to carry liquefied gas and refined fuels into Mexico, with plans to operate in late 2016, FuelFix reports.
A new study published in Seismological Research Letters suggests that hydraulic fracturing caused nearly 400 unnoticed earthquakes in eastern Ohio, including 10 strong enough to temporarily halt drilling activity under current state law, The Associated Press reports.
According to a study commissioned by the Oil and Natural Gas Industry Labor-Management Committee, an alliance of labor and energy industry interests, natural gas production in the Marcellus shale formation has created more than 45,000 construction jobs, The Hill reports.
North Dakota Gov. Jack Dalrymple, a Republican, said his state is making strides in limiting the amount of natural gas flared at shale oil sites, touting projects in development to convert gas to plastics and fertilizer, The Associated Press reports.
Israel is negotiating multi-billion dollar agreements to supply some of its Arab neighbors with natural gas, a development the country's foreign ministry says could help improve Israel's relations and reputation after this summer's war in the Gaza Strip, Bloomberg reports.
A new report published by the Texas Independent Producers and Royalty Owners Association reports that the state continued to lead the nation in oil and gas output and energy jobs last year, Platts reports.
HOUSTON (AP) — Targa Resources is buying Atlas Pipeline Partners and Atlas Energy in a deal valued at close to $6 billion, creating a huge energy transportation and storage company.
Targa Resources Partners LP, based in Houston, will pay $4 billion and assume $1.8 billion in debt for Atlas Pipeline. Each Atlas Pipeline unitholder will receive 0.5846 units of Targa Resources Partners and a one-time cash payment of $1.26 per Atlas Pipeline unit for total consideration of $38.66 per Atlas Pipeline unit.
North Dakota Gov. Jack Dalrymple and Sen. John Hoeven, R-N.D., joined Badlands NGL officials to announce plans for a $4 billion plastics plant that would limit natural gas waste and represent the largest private investment in state history, The Associated Press reports.
Brookings Institution forum, "The Ukraine Conflict and its Impact on the European Gas Market." Speakers include Tatiana Mitrova, of the Energy Research Institute, Russian Academy of Sciences, and Robin Dunnigan, State Department acting deputy assistant secretary for energy diplomacy.
Launching personal attacks on environmental activists and celebrity supporters should be part of the oil and gas industry strategy if it wants to fight for expanded drilling, according to advice from consultant Richard Berman as he drums up support for his "Big Green Radicals" PR campaign, The New York Times reports.
The re-election contest for Rep. Fred Upton, R-Mich. and chair of the House Energy and Commerce Committee, is attracting last-minute money -- including some from the American Future Fund for an ad extolling his support for the Keystone XL pipeline -- as polling indicates his race against Democrat Paul Clements is a tight one, The Hill reports.
In an effort to maintain Democratic control of the Senate, environmental groups are supporting some backers of the Keystone XL pipeline –- like Michelle Nunn in Georgia and Sen. Kay Hagan in North Carolina -– as well as fracking supporter Sen. Mark Udall in Colorado, The Wall Street Journal reports.
Word that OPEC has boosted its crude output to a 14-month high sent oil prices plunging again early Friday. West Texas Intermediate crude for December delivery dropped 1 percent, or 81 cents, to $80.31 a barrel in electronic trading on the Nymex, while in London Brent was down 93 cents to $85.31, Bloomberg reports.
A tentative settlement Cheniere Energy has reached with shareholders over lawsuits would block executives from receiving shares authorized in February 2013 but not paid out, according to a filing with the Securities and Exchange Commission, FuelFix reports.
Robert MacLean –- now a solar power consultant after he was fired by the Department of Homeland Security for leaking information about the air marshal program -– says many federal employees, including those in the Environmental Protection Agency and the Departments of Energy and Interior, could be affected by the outcome of his lawsuit now before the U.S. Supreme Court, E&E reports.
The capacity market and infrastructure improvements will be the topics of discussion at a conference between New York officials and representatives of the Federal Energy Regulatory Commission Nov. 5, Reuters reports.