Natural Gas

Researchers say their biochar can clean frack water

Source: 
FuelFix

After a year of creating and testing biochar – a substance like charcoal made from wood chips, paper, leaves or plant oils – researchers at the University of Texas San Antonio and the Southwest Research Institute say it can be an inexpensive and effective way to remove impurities from fracking wastewater, FuelFix reports.

Oil

US rig count up 6 to 1,931

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by six this week to 1,931, according to oilfield services company Baker Hughes Inc.

The Houston firm said Friday in its weekly report that 1,592 rigs were exploring for oil and 338 for gas. One was listed as miscellaneous. A year ago there were 1,768 active rigs.

Oil

German firm buys shares in North Sea oil, gas

BERLIN (AP) — Germany's Wintershall says it is buying shares in North Sea oil and gas fields from Norwegian company Statoil for $1.25 billion.

Wintershall, a subsidiary of BASF SE, said Friday that the transaction is expected to close by the end of the year. The deal includes shares in two production fields, a pipeline project and four exploration licenses.

Ukraine energy chief looks to winter without Russian gas

Source: 
The New York Times

Andriy Kobolev, the boss of Ukraine’s state energy company Naftogaz, is trying to figure out how his country might manage without a supply of gas from Russia this coming winter, The New York Times reports.

Boardwalk subsidiary to build pipeline for Freeport

Source: 
FuelFix

Boardwalk Pipeline Partners subsidiary Gulf South Pipeline Co. says it will build a 65-mile pipeline to the Freeport LNG project planned for Quintana Island in Texas, providing financial information about it after the open season finishes Oct. 10, FuelFix reports.

Russia, Poland in spat over gas supplies

WARSAW, Poland (AP) — A spat has broken out between Poland and Russia over what Warsaw claims is a sharp drop in natural gas supplies. The move comes amid concerns Moscow is ready to use its energy exports as a political weapon over the crisis in Ukraine.

Russian gas supplier Gazprom was elusive in its position: while it claimed its deliveries did not drop, it warned that they depend on volumes available for export. It also argued that the problem is due to Poland ramping up its demand, something the Polish state gas company did not want to confirm.

Gazprom reports lower profits, higher revenues

Source: 
The Wall Street Journal

Profits for Russia’s state-own gas giant Gazprom dropped 41 percent in the first quarter, although revenue – along with sales to Europe – increased, The Wall Street Journal reports.

Bernstein predicts fall in natural gas prices to continue

Source: 
Platts

With domestic oil and gas production still increasing at a rapid pace, natural gas prices in 2015 will keep falling to around $4 per million cubic feet in 2015, Bernstein Research predicts, dropping its previous forecast by some 11 percent, Platts reports.

Office of Sen. Landrieu

Analysis: Just in time, Landrieu gets Cameron LNG

The Energy Department's approval of the Cameron liquefied natural gas export proposal on Wednesday comes at a very opportune time for Sen. Mary Landrieu.

The first finalization by the department of LNG exports to non-free trade countries since 2012, it arrived just as Landrieu heads into the home stretch in her bid to overcome a tough election challenge from Rep. Bill Cassidy, R-La.

Sempra Energy photo

Cameron, Carib get final approval by DOE

The Energy Department on Wednesday approved the second major project to export liquefied natural gas to nations without U.S. free trade agreements.

Sempra-owned Cameron LNG won final authorization to export up to 1.7 billion cubic feet per day from its planned terminal in Louisiana, the first project to reach that milestone since the 2012 permit granted to Cheniere Energy's Sabine Pass project in Louisiana.

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