Natural Gas

House Ways and Means subcommittee hearing on LNG exports

Washington, April 9, 2014, 1:15 pm

House Ways and Means Trade Subcommittee hearing, "Trade Implications of U.S. Energy Policy and the Export of Liquefied Natural Gas." Expert witnesses to testify.

Despite Russia tensions, South Stream pipeline tech talks continue

Source: 
The Wall Street Journal

Officials from Gazprom were in Brussels Tuesday for talks about a proposed South Stream pipeline which would bring Russian gas directly into Europe, bypassing Ukraine, even though political discussions about the project were frozen after the annexation of Crimea, The Wall Street Journal reports.

Lawmaker debate on Alaska LNG project hones in on TransCanada

Source: 
E&E

Some lawmakers in Alaska's legislature are expressing dissatisfaction with the role pipeline company TransCanada would play in the proposal to build a major natural gas facility in the state, E&E reports.

Postponed: Joint Economic Committee hearing on natural gas production

Washington, April 9, 2014, 2:30 pm

Postponed: Joint Economic Committee hearing, "The Economic Impact of Increased Natural Gas Production." Expert witnesses to testify. Rescheduled to a later date, to be named.

House Energy and Commerce subcommittee voting session on LNG exports bill

Washington, April 9, 2014, 10:00 am

House Energy and Commerce Energy and Power Subcommittee business meeting on H.R. 6, Domestic Prosperity and Global Freedom Act. Continued from Tuesday.

Ukraine crisis adds to pressure on Europe to start fracking

Source: 
The Washington Post

British Prime Minister David Cameron is among those pushing for a start to fracking in Europe, to wean the region off of Russian gas, The Washington Post reports.

US LNG exports a long term fix for Europe's gas problem

Source: 
The New York Times

Between potential U.S. LNG exports, its own production and imports from non-Russian sources, Europe should have plenty of natural gas by the end of the decade, but that doesn't help address the continent's supply problem in the short term, The New York Times reports.

N.D. wrestles with how to curb flaring

Source: 
Bloomberg

Natural gas flaring is soaring in North Dakota along with the drilling boom in the Bakken Shale, Bloomberg reports, noting that oil companies and state authorities are looking at ways to reduce the practice.

Oil

SCOTUS to hear class-action dispute in energy company case

WASHINGTON (AP) — The Supreme Court will consider the requirements for transferring class-action lawsuits from state courts to federal courts.

The justices on Monday agreed to hear an appeal from a Michigan energy company that asserts it should be allowed to move a class-action case from Kansas state court to federal court. Federal law allows such transfers in cases involving more than $5 million.

A group of royalty owners sued the Dart Cherokee Basin Operating Co. alleging they were underpaid royalties on oil and gas wells. The plaintiffs did not seek a specific damage amount, but the company claimed it would far exceed $5 million.

Laclede buys Energen's gas utility for $1.28B

BIRMINGHAM, Ala. (AP) — The Laclede Group Inc. is acquiring Alabama Gas Corp., the natural gas utility business of Energen, for about $1.28 billion in cash.

The deal will expand Laclede's geographic footprint beyond its home state of Missouri and boost its customer base from 1.13 million customers to about 1.55 million. Alabama Gas Corp. is the largest natural-gas utility in Alabama.

Laclede, a natural-gas utility based in St. Louis, will also take on about $320 million of debt as part of the agreement.

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