Gas industry
The world's primary unconventional oil and gas resources are oil sands, shale gas, oil shale, and coalbed methane (CBM), which are extracted, processed, and refined differently from conventional resources. These resources are challenging to extract, expensive to refine, and have a significant environmental impact. Sustained high oil and
Gas industry
Enterprise Products Partners L.P. has announced the signing of long-term agreements with Anadarko Petroleum Corporation to provide comprehensive natural gas transportation and processing, and NGL fractionation and transportation services in the Eagle Ford Shale in South Texas. The partnership will construct a new 17-mile pipeline, connecting Anadarko's
Gas industry
In a significant development, the Alaska Gas Pipeline, a proposed natural gas pipeline project in Alaska, has received bids for "significant capacity" after a three-month open season. This announcement comes on the heels of a similar pronouncement by TransCanada Corp. in July, which is working with Exxon Mobil
Gas industry
Honeywell has been chosen by Abu Dhabi Gas Development Company Ltd to provide its expertise and technology to ensure safe and efficient production at the Shah Gas Development Project. The project, expected to start in 2014, will process 1 billion cubic feet of gas per day, significantly increasing the Emirate&
Gas industry
Indian stocks surged for the first time in three days, driven by gains in Reliance Communications Ltd. and Reliance Industries Ltd. amid a backdrop of fuel price increases and oil discoveries. The government's decision to raise fuel prices extended Oil & Natural Gas Corp.'s advance to
Gas industry
Enterprise Products Partners L.P. (NYSE:EPD) and its affiliate, Duncan Energy Partners L.P. (NYSE:DEP), have made significant announcements regarding the expansion of their midstream energy infrastructure. The company will increase the capacity of its Acadian Gas pipeline by 200 million cubic feet per day, while also expanding
Gas industry
The Petroleum & Natural Gas Regulatory Board (PNGRB) has approved a distance-based tariff for the transportation of natural gas through two main trunk pipelines, operated by state-run GAIL India. The tariffs, which apply to the Hazira-Vijaipur-Jagdishpur (HVJ) and Dahej Vijaipur pipelines, vary by distance zone, with GAIL charging different rates
Gas industry
Enterprise Products Partners L.P. is expanding its network of crude oil and natural gas assets in South Texas through a letter of intent (LOI) with a major Eagle Ford Shale producer. The partnership will construct a 140-mile crude oil pipeline connecting Karnes County, Texas to its existing crude oil
Gas industry
Beijing is bracing for a challenging second half of the year as China's top price regulator, the National Development and Reform Commission (NDRC), has announced a 24.9% hike in domestic onshore natural gas prices. This move is expected to further erode profit margins for chemical producers, particularly
Gas industry
China's trial launch of a resources tax in Xinjiang province, a major gas-producing region, is expected to put pressure on the government to introduce natural gas pricing reform. The tax, which has a rate of 5% on ad valorem, may force PetroChina, the largest gas producer in Xinjiang,
Gas industry
China's Vice-Minister of National Development and Reform Commission, Xie Zhenhua, announced that the country is likely to raise natural gas prices by 10-20 percent during the third quarter. The price hike will be implemented gradually across different regions, taking into account the financial capacity of residents. This move
Gas industry
UIL Holdings, the holding company for electric distribution company United Illuminating Co., has announced its intention to acquire three natural gas companies in the Northeast for $885 million. The acquisition, which is expected to close by early next year, will create an energy delivery company serving approximately 694,000 customers.
