Cabot Oil & Gas Corporation announced the use of Marcellus Shale natural gas to fracture wells via innovative dual fuel technology. This marks the first time “field” gas has been used in northeastern Pennsylvania for this purpose. The process of using clean-burning natural gas can displace up to 70 percent of the diesel fuel traditionally [...]
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that its Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak in the Strategy Roundtable of Floating LNG 2013, the world’s largest conference on floating LNG. Mr. Guttulsrod will be part of the Technical Panel, speaking on how FLNG is coming of [...]
May 21, 2013 | Posted in
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Halliburton announced the deployment of nearly 100 light-duty Compressed Natural Gas (CNG) trucks across several field locations in the U.S. The Original Equipment Manufacturers bi-fuel trucks were recently purchased as part of a pilot program to be rolled out throughout the Company’s U.S. operations. “There is considerable focus across the industry to identify multiple ways [...]
Chesapeake Energy Corporation announced that Robert Douglas Lawler, 46, Senior Vice President, International and Deepwater Operations at Anadarko Petroleum, will join Chesapeake as Chief Executive Officer and a member of the Board of Directors, effective June 17. Mr. Lawler is a petroleum engineer with 25 years of experience in the upstream Exploration and Production industry [...]
The Department of Energy approved the second natural gas export permit for a Freeport, Texas terminal. Rep. Ed Markey (D-Mass.) expressed concerns about America’s natural gas export policy, especially the scale that should be allowed and how impacts on American consumers and businesses are assessed. Rep. Markey has called on the Energy Department to bring [...]
Mitsubishi Heavy Industries, Ltd. (MHI) has completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W), an aeroengine manufacturer. Pratt & Whitney Power Systems has changed its corporate name to PW Power Systems, Inc. (PWPS) and is now an MHI group company. The [...]
The Center for Liquefied Natural Gas (CLNG) commended on the U.S. Department of Energy (DOE) for its decision to approve Freeport LNG’s non-free trade (NFTA) applications and restart the process for expanding LNG exports. Immediately after the announcement, CLNG President Bill Cooper made the following remarks: “The approval of the Freeport LNG export application marks [...]
The Energy Department of USA said that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval [...]
May 18, 2013 | Posted in
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Southwestern Energy Company announced that it has closed its recently announced acquisition of approximately 162,000 net acres in the Marcellus Shale in Pennsylvania. The properties were acquired from Chesapeake Energy Corporation and its partner for approximately $93 million, excluding purchase price adjustments. Southwestern has financed the acquisition with its revolving credit facility. Southwestern Energy Company [...]
Golden Pass Products LLC (GPP) announced it has submitted a formal request to the Federal Energy Regulatory Commission (FERC) to initiate pre-filing for the proposed liquefaction project at the world-class Golden Pass LNG terminal facility in Sabine Pass, Texas. This milestone sets the stage for the necessary permitting activity associated with the design, environment, and [...]