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Tag Archives: Natural Gas

NC regulator OKs Duke Energy-Piedmont Natural Gas merger

Duke Energy, pollution, divestment

CHARLOTTE, N.C. (AP) — North Carolina regulators are allowing Duke Energy to expand from being the country’s largest electricity company to selling natural gas. Duke Energy Corp. said in a statement Thursday that the North Carolina Utilities Commission has allowed its acquisition of Piedmont Natural Gas Co. The regulatory approval is the last needed for the deal. The transaction is ...

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Eagle Ford shale to benefit from $3.6B pipeline projects

Eagle Ford, pipeline, natural gas, Mexico

Eagle Ford shale producers are benefiting from Mexico’s need for more electricity. Mexico’s state-owned Federal Electricity Commission recently awarded $3.6 billion in pipeline projects to TransCanada, Spectra Energy and others. The projects will transport shale gas from Texas to Mexico to help meet the country’s growing electricity needs. For decades, Mexico’s electric power infrastructure has been hampered by inefficiency and ...

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Natural gas pipeline proposed for eastern ND, western MN

BISMARCK, N.D. (AP) — A Bismarck-based energy company says it wants to build a roughly 38-mile pipeline to deliver natural gas supply to eastern North Dakota and western Minnesota. WBI Energy Inc. said Monday that the expansion would cost an estimated $50 million. The company, a subsidiary of MDU Resources Group Inc., says the project would connect a pipeline near ...

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Colorado has 40 times more natural gas than thought

natural gas, Colorado, hydraulic fracturing

DENVER (AP) — Western Colorado has 40 times more natural gas than previously thought, but an immediate boom is unlikely because of low gas prices, government and industry experts said Wednesday. The U.S. Geological Survey said the Mancos Shale formation in Colorado’s Piceance (PEE’-yahns) Basin holds about 66.3 trillion cubic feet of gas, up from 1.6 trillion estimated in 2003. ...

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5 arrested at Vermont natural gas pipeline protest

Vermont, pipeline, protest, arrested

WILLISTON, Vt. (AP) — Five people have been arrested following a protest against a natural gas pipeline in Vermont. Dozens gathered in Williston early Monday morning at the work site. The protest was organized by the group Rising Tide Vermont. Police say one woman attached herself to construction equipment, was freed by rescue crews and arrested. Another man attached himself ...

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US rig count sees first significant jump of 2016

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by four this week to 408, the first rig count gain in months and halting a slide that pushed the count to record-low levels amid collapsed energy prices. A year ago, 868 rigs were active. Houston oilfield services company Baker Hughes Inc. said ...

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UK council approves fracking; environmentalists vow to fight

fracking

LONDON (AP) — A council has granted the first fracking license to be issued in England for five years, but environmental groups are vowing to fight on against the use of the technology. Fracking was approved near the village of Kirby Misperton, 250 miles (400 kilometers) north of London, despite opposition to the controversial gas extraction technique. Groups including Friends ...

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Israeli Cabinet OKs new gas deal after High Court objections

JERUSALEM (AP) — Israel’s Cabinet has approved a new deal with a consortium of natural gas developers after the country’s Supreme Court rejected the previous agreement. The new deal changes a clause that would have prevented Israel from making significant regulatory changes for the next ten years. The Supreme Court struck down the deal over that clause and gave Israel ...

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Louisiana governor to oil industry: pay for coastal restoration

Louisiana

NEW ORLEANS (AP) — Gov. John Bel Edwards is pushing to get the oil and natural gas industry to pay for restoring Louisiana’s fragile coast by encouraging them to settle lawsuits alleging they caused extensive damage to coastal lands. The governor met with industry leaders on May 13 and asked them to settle the numerous lawsuits, filed by local governments, ...

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US rig count continues to drop amid low energy prices

rig count, baker hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. dropped by two this week to 404, another all-time low amid low energy prices. A year ago, 885 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday 318 rigs sought oil and 85 explored for natural gas. One was listed as ...

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