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 originating in Karnes County, Texas, and connecting to its
Gas industry
The Indian government has more than doubled the price of natural gas produced by Oil and Natural Gas Corp and Oil India Ltd to $4.2 per unit (Rs 189 per unit), effective immediately. This decision affects the rates at which power and fertiliser firms purchase gas from the state-owned
Gas industry
SandRidge Energy, Inc. is a leading oil and gas exploration and production company operating in the west Texas, east Texas, and Gulf Coast regions of the United States. The company engages in natural gas and oil exploration, development, and production, as well as operates natural gas gathering and treating facilities,
Gas industry
Clean Energy Fuels Corp., a leading provider of natural gas (CNG and LNG) for transportation in North America, has announced its support for the American Power Act introduced by U.S. Senators John Kerry and Joseph Lieberman. A major provision of the proposed legislation would double the current federal tax
Gas industry
Chesapeake Energy ranks first with Net Debt of $11.99B, XTO Energy ranks second with Net Debt of $10.48B, and Anadarko Petroleum ranks third with Net Debt of $9.22B. Devon Energy follows with a Net Debt of $6.63B and EnCana rounds out the top five with a
Gas industry
In a major development for the energy sector, JEMB Realty, a New York-based real estate and energy investment firm, announced on April 1, 2010, a partnership with Harbert Power Fund III to form JEMB/Harbert Astoria Holdings LLC. This partnership brings together JEMB Family, an affiliate of JEMB Realty, and
Gas industry
Investors anxiously await the unfolding of the Greek aid package, causing gold to lose appeal as a safe haven. Meanwhile, crude oil and other commodities are influenced by data from the Labor Department, showing a decrease in unemployment benefits. Notably, BP shares decline after announcing increased costs due to the
Gas industry
Reliance Industries Ltd (RIL) has informed the Directorate General of Hydrocarbons (DGH) that four smaller gas finds surrounding the D-1 and D-3 fields in the Krishna-Godavari basin can be commercially exploited. This development is expected to prolong the peak output of 80 million standard cubic meters per day (mmscmd) from
Gas industry
ReportsandReports has announced the addition of a new report on the global offshore drilling market to its store. The report highlights the importance of offshore drilling in the global E&P business, with a fundamental role in extracting oil and gas production from offshore locations. According to the report,
PJSC Gazprom
A dispute between Russia's energy monopoly, Gazprom, and Belarus, a transit country for Russian energy exports, has escalated, with Gazprom warning of possible disruptions to gas supplies to Europe. Belarus, which imports natural gas and transships it to Western markets, has refused to pay a higher price for
Gas industry
Falcon Natural Gas Corp., in partnership with WhitMar Exploration Company, has successfully launched the production of natural gas from the first well in their planned drilling project in Latimer County, Oklahoma. The well achieved a total depth of 13,270 ft and has yielded multiple producing zones. As of December
PJSC Gazprom
Moscow and Minsk's gas price negotiations have fallen apart, sparking fears of a renewed energy crisis in eastern Europe that could leave millions of people without heat by January 1. The stalemate has been propelled by Gazprom's threats to cut gas supplies to Belarus, echoing the
