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NEWS Click on text to read news by category: General | Product | People | Worldwide

East Texas Natural Gas Could Get Boost from Pipeline, Terminal Project

June 11, 2019

His Houston company is close to a final decision on a $30 billion project to carry liquefied natural gas from fields in East Texas and West Texas to a terminal proposed in Lake Charles, Louisiana, John Howie said last month.

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IEA: 2018 was Another Golden Year for Natural Gas

June 11, 2019

After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade. Demand for

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Future of Permian Production is in Global Markets

June 11, 2019

Drill locally. Sell globally. That’s the mantra offered to those attending Hart Energy’s Midstream Texas conference last week at the Horseshoe. “We’re going to have to export significant amounts of incremental production, not just from Texas but from elsewhere in

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Pennsylvania Governor Wolf Wants Severance Tax on Natural Gas

June 11, 2019

West Virginia legislators and lobbyists are vigorously debating raising the severance tax on oil and gas extraction. Proponents argue that the gas developers make millions and can afford the pay their fair share to maintain the state’s infrastructure and support

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Permian Pushes U.S. Oil Output Higher than DOE Estimates

June 11, 2019

West Texas’ booming Permian Basin is churning out more oil than believed and pushing U.S. crude output even higher than the federal government estimates, according to a new report Thursday. U.S. oil production likely hit a record of 12.5 million

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Court Lifts Injunction that Blocked Keystone XL Pipeline Construction

June 10, 2019

A 9th U.S. Circuit Court of Appeals panel nullified a key barrier to the construction of the Keystone XL pipeline, arguing that it no longer applies after the Trump administration replaced a permit earlier this year. The court ruled Thursday

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U.S. On Track to Become Top LNG Exporter

June 10, 2019

Booming natural gas production is expected to propel the U.S. past Qatar and Australia to become the world’s top exporter of liquefied natural gas in the next five years, the International Energy Agency predicted in a report made public Friday.

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Meridian Signs Agreement with Watco as Rail Logistics and Management Services for Davis Refinery

June 10, 2019

Meridian Energy Group, the emerging growth refining firm, has signed a Letter of Intent (LOI) with Watco Companies (Watco), a rail based transportation provider, under which Watco will serve as the Main Rail Management Contractor for the Davis Refinery with

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3M to Sell Its Gas and Flame Detection Business to Teledyne Technologies for $230 Million

June 7, 2019

3M announced today it has received a binding offer from Teledyne Technologies Incorporated, to purchase 3M’s gas and flame detection business for $230 million, subject to closing and other adjustments. Teledyne is a leading provider of sophisticated instrumentation, digital imaging

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TECO Peoples Gas Joins Partnership to Build Callahan Pipeline, Florida

June 7, 2019

TECO Peoples Gas, Florida’s largest natural gas distribution utility, has joined with Florida Public Utilities Co. (FPU) to expand natural gas service in the growing Jacksonville market. Peoples Gas’s affiliate, SeaCoast Gas Transmission, and FPU affiliate Peninsula Pipeline Co. Inc.

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