Natural Gas

Texas firm, Pemex to develop cross-border pipeline

Source: 
FuelFix

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.

Study links seismic activity to fracking on Ohio

Source: 
The Associated Press

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.

Labor-energy coalition report touts job growth on Marcellus shale

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.

Dalrymple says new projects will limit flaring

Source: 
The Associated Press

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 sees natural gas as step to improve Mideast relations

Source: 
Bloomberg

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.

State industry report says Texas leading in gas output, employment

Source: 
Platts

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.

Oil

Targa buying Atlas Pipeline, Atlas Energy

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.

N.D. officials highlight plastics factory, gas boom

Source: 
The Associated Press

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 forum on Ukraine turmoil and Europe gas market

Washington, October 14, 2014, 2:00 pm

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.

Statoil sells stake in Azerbaijan gas project

HELSINKI (AP) — Norwegian energy company Statoil says it has sold its stake in the Shah Deniz gas project in Azerbaijan to Malaysian company Petronas for $2.25 billion.

Statoil says the sale "optimizes our portfolio and strengthens our financial flexibility."

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