Natural Gas

Egyptian gas discovery offers potential benefits and challenges

The New York Times

Eni SpA’s discovery of sizeable gas deposits in the Zohr field off the Egyptian coast could help fix Egypt’s ailing economy, but could also complicate Arab-Israeli diplomacy, The New York Times reports.

Fracking opponents angered by maneuvering in UK parliament

The Guardian

Members of parliament can vote but won’t get a chance to debate on a move to allow fracking underneath national parks in Britain, a maneuver that’s drawing criticism from opposition Labour politicians as well as drilling opponents, The Guardian reports.

Why does firewood cost so much? Fracking's part of it

CONCORD, N.H. (AP) — Northeasterners who are digging deeper into their pockets to pay for firewood this season can add a new scapegoat to the roster of usual market forces: fracking.

Yep, a timber industry representative in New Hampshire said those hydraulic fracturing well sites in Pennsylvania's Marcellus Shale formation to suck natural gas out of the ground are using construction "mats" made of hardwood logs — think of the corduroy roads seen in sepia-toned photographs from the 1800s — to get heavy equipment over mucky ground, wetlands or soft soils.

UK think tank plays down methane leak concerns


Concerns about methane leaks shouldn’t undermine a shift from coal- to gas-fired plants, according to the Centre for Policy Studies, a British free-market think tank, which says projections of such leaks from the shale gas extraction process have been “seriously overestimated,” Platts reports.

Duke Energy buying Piedmont Natural Gas $4.9B

CHARLOTTE, N.C. (AP) — Duke Energy will spend about $4.9 billion in cash to acquire Piedmont Natural Gas, adding about a million new customers in the Carolinas and Tennessee.

The Charlotte, North Carolina, companies are key partners in the $5 billion Atlantic Coast Pipeline that will be the first major natural gas pipeline to serve the eastern part of the state.

Price hampers LNG competition in energy market, IEA chief says


The chief of the International Energy Agency said Monday that coal will continue to offer strong competition in the Asian energy market unless the price of LNG comes down, Platts reports.

EQT to narrow its gas drilling focus

Pittsburgh Business Times

Faced with falling natural gas prices, EQT Corp. will suspend drilling operations outside of its most profitable core of wells in the Marcellus and Utica Shale plays, the Pittsburgh Business Times reports.

N.J. regulators to decide on Pinelands pipeline

The Inquirer

Following a public hearing Monday, the New Jersey Board of Public Utilities could decide as early as November on an application from South Jersey Gas to build a pipeline that would run through 10 miles of protected Pinelands, The Inquirer reports.

Israel confident about resolving gas dispute with Noble


Israeli Energy Minister Yuval Steinitz told a Houston forum Tuesday that a disagreement with Noble Energy about developing offshore gas fields should be resolved in the coming weeks, FuelFix reports.

Chesapeake fined for underreporting gas production in Oklahoma

The Oklahoman

The Interior Department’s Office of Natural Resources Revenue has fined Chesapeake Energy $2.1 million for “repeated” and “systematic errors” in underreporting the amount of natural gas it produced on Indian land in Oklahoma, in violation of a 2011 order, The Oklahoman reports.


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