Natural Gas

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.

INEOS to spend $1B on shale gas in UK

Source: 
BBC

INEOS – a chemical company that is building Europe’s largest shale gas import facility in Britain – also plans to drill for gas locally, spending $1 billion on exploration and production, BBC News reports.

Heating costs heading up as cold grips nation

NEW YORK (AP) — The cold is back, and with it, rising heating bills.

This winter was expected to bring much lower bills than last year because it wasn't supposed to be so darn cold. Homeowners could go a little easier on the thermostat, and less fuel use would offset rising prices for natural gas and electricity, which generates heat for 88 percent of U.S. households.

Then, descending from the Arctic, came a block of cold air nearly the size of the entire Lower 48. This month is now on track to be the coldest November since 1996.

Fracking to be permitted in GW National Forest

NORFOLK, Va. (AP) — Over the objection of environmental groups and Virginia's governor, a federal management plan released Tuesday will allow a form of natural gas drilling known as fracking to occur in parts of the largest national forest on the East Coast.

The U.S. Forest Service originally planned to ban fracking in the 1.1 million-acre George Washington National Forest, but energy companies cried foul after a draft of the plan was released in 2011. It would have been the first outright ban on the practice in a national forest.

More natural gas available despite last winter’s chill

Source: 
FuelFix

More natural gas is available this year despite the supply depletion from last winter’s freezing temperatures, replenished because of a swift inventory buildup and substantial infrastructure investment, according to America’s Natural Gas Alliance, FuelFix reports.

ANGA President Durbin media teleconference

Washington, November 17, 2014, 11:00 am

ANGA President Marty Durbin holds media teleconference to discuss 2015 natural gas issues outlook.

Oil

US rig count up 3 to 1,928

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by three this week to 1,928.

The Houston firm said Friday in its weekly report that 1,578 rigs were exploring for oil and 350 for gas. A year ago there were 1,762 active rigs.

Energy Department grants final approval for Freeport LNG exports

Source: 
Reuters

The Energy Department has cleared two final export approvals for Freeport LNG's liquefied natural gas project in Quintana Island, Texas, allowing the company to ship up to 1.8 billion cubic feet per day to non-free trade agreement nations, Reuters reports.

New nonprofit connects LNG industry with interested nations

Source: 
E&E

E&E reports on the structure of LNG Allies Inc., a recently formed nonprofit linking U.S. oil and gas industry groups with representatives of foreign nations interested in U.S. liquefied natural gas in an effort to encourage the federal government to expand LNG exports.

California alleges BP overcharged for natural gas

Source: 
The Associated Press

California has formally joined a lawsuit accusing BP of overcharging the state by up to $300 million for natural gas, charging the company inflated market prices in a $2 billion contract and made three times more profit than the deal allowed, The Associated Press reports.

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