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

U.S. District Court Rules in Favor of Wyoming over BLM’s Hydraulic Fracking Rule

August 1, 2016

Governor Matt Mead is pleased with U.S. District Court Judge Scott Skavdahl’s decision in favor of Wyoming over the Bureau of Land Management’s (BLM) hydraulic fracking rule. Wyoming’s challenge to this rule was joined by North Dakota, Utah and Colorado.

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Williams Partners Receives FERC Approval of Transco Expansion Projects in New York City, Virginia

August 1, 2016

The Federal Energy Regulatory Commission (FERC) has approved applications for both Williams Partners L.P.‘s New York Bay Expansion and the Virginia Southside II Expansion projects, two fully subscribed, demand-driven Transco expansion projects designed to provide natural gas service in 2017.

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World Bank Increases Oil Price Forecast for 2016

July 29, 2016

The World Bank offered some respite to non-Opec oil exporters on Wednesday by upping its oil price forecast for 2016. The bank increased its projection to US$43 from US$41 due to supply disruption and buoyant demand in the second quarter.

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Constellation to Acquire ConEdison Solutions’ Retail Electricity and Natural Gas Business

July 28, 2016

Constellation has entered into a definitive agreement with ConEdison Solutions to acquire its retail electricity and natural gas business, serving more than 560,000 commercial, industrial, public sector and residential customers across 12 Northeastern, mid-Atlantic, and Midwestern states, Texas, and the

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Trellis Energy Forms New Entity to Integrate and Optimize Natural Gas Transactions

July 28, 2016

Trellis Energy, formerly a part of the global IT services and business consulting firm Blackstone Technology Group, has launched as a separate corporate entity, wholly owned by Blackstone. The new firm will continue to provide the Trellis™ natural gas transaction

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How Trump vs. Clinton Will Impact American Energy

July 27, 2016

The November presidential election is shaping up to have far-reaching implications for the energy industry. Donald Trump, who officially became the Republican nominee for president last week, pledged in his primetime address Thursday to support the coal industry and American

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EIA: Changing U.S. Energy Mix Reflects Growing Use of Natural Gas and Renewables

July 27, 2016

Primary energy consumption fell slightly in 2015 as a decline in coal use exceeded increases in natural gas, petroleum, and renewables use. In most cases, changes between 2014 and 2015 reflect longer-term trends in energy use. In 2015, natural gas

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Technip to Provide Engineering Services for SCT&E LNG’s $6.9 Billion Export Terminal, Louisiana

July 27, 2016

Southern California Telephone & Energy (SCT&E) LNG has awarded master services agreement (MSA) to Technip for the $6.9bn LNG export terminal on Monkey Island in Cameron Parish, Louisiana, US. As per the MSA, Technip will undertake engineering services required to

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U.S. BOEM Releases Draft EIS for Potential Oil and Gas Lease Sale at Cook Inlet, Alaska

July 27, 2016

The US Bureau of Ocean Energy Management (BOEM) has released a draft Environmental Impact Statement (EIS) to analyze the potential environmental impacts of a possible oil and gas lease sale in Cook Inlet, off Alaska’s south central coast. The draft

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U.S. to Offer 24 Million Acres for Oil and Gas Exploration Offshore Texas, Gulf of Mexico

July 27, 2016

The US Bureau of Ocean Energy Management (BOEM) plans to offer 23.8 million acres for oil and gas exploration and development offshore Texas. The proposed Western Gulf of Mexico Lease Sale 248, which will include all available unleased areas in

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