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Argentina, South America's second-largest economy and an importer of Bolivian gas, also may face price increases from Morales's order to seize assets and raise taxes on foreign producers, said Francisco Mezzadri, the former head of natural gas operations in Bolivia for CMS Energy Corp., Michigan's largest natural gas utility, and now a consultant in Buenos Aires ... Under a contract maturing in 2019, Petroleo Brasileiro, or Petrobras, pays Bolivia less than half the natural gas prices in North... (Yahoo News -- Argentina)
Malaysian monitors to quit southern Philippines Nov 27, 2008
The conflict has also displaced a total of 2 million and stunted growth in one of the country's most resource-rich regions, believed to be sitting on large untapped deposits of minerals, oil and natural gas. Most of the Malaysian monitors had been moved out of sensitive areas after fighting broke out between soldiers and rogue rebels in mid-August. (AlertNet)
Brazil troops to quell looting after landslides Nov 27, 2008 America has always had mixed economy Nov 27, 2008 Commissioner says he's tired of Xcel's mistakes Nov 27, 2008 News & Notes Nov 27, 2008 EU resolves antitrust case against E.ON Nov 27, 2008 Gazprom threatens Ukraine with price rise Nov 27, 2008 Pickens Plan garners support Nov 27, 2008 Where the wild things are - Mapping quest highlights 'bread-and-butter’ places of hunters and anglers Nov 27, 2008 Twoco Petroleums Ltd. Third Quarter Highlights and 2008 Update Nov 27, 2008 Drake Pacific Enterprises Ltd. Reports Third Quarter 2008 Results Nov 27, 2008 Strong Revenue, Cash Flow and Earnings for Petro-Reef Resources Ltd. Nov 27, 2008 Enerflex Systems Income Fund Announces Appointment of Managing Director for Europe/CIS Nov 27, 2008 Daylight Resources Trust Announces Strategic Elmworth Property Acquisition-Transaction Creates Substantial Increase to Deep Basin Land and Drilling Inventory Nov 27, 2008 Painted Pony Announces Q3, 2008 Financial Results Nov 27, 2008 Market crosses the green line Nov 27, 2008 Russian warships, Medvedev arrive in Venezuela Nov 27, 2008 Peace and leadership in RI Nov 27, 2008 Safety first when heating the home Nov 27, 2008 MMC Energy, Inc. Announces Sale of Equipment Nov 27, 2008 Floods claim at least 86 lives in southern Brazil Nov 27, 2008 Ramunia hits double limit-down Nov 27, 2008 Anchor Drilling Fluids Acquires Advantage Drilling Fluids Nov 26, 2008 GDF SUEZ Investor Day on its Energy Activities Nov 26, 2008 Platts Launches New China Domestic Grade Fueloil, LPG Assessments Nov 26, 2008 Our View: A bright spot in the economy Nov 26, 2008 German Import Prices Drop Most Since Records Began in 1962 on Cost of Oil Nov 26, 2008 Oil near $51 after falling overnight Nov 26, 2008 Pacific Rubiales Announces Exploration Success at Quifa Block Nov 26, 2008 GDF SUEZ Investor Day on its Energy Activities Nov 26, 2008 Richards Oil & Gas Limited Announces 2008 Third Quarter Results Nov 26, 2008 Small Investors Struggle for a Piece of Chevron Nigeria Nov 26, 2008 Nigeria: Country, Angola to Be Highest-Earning Oil Producers By 2030 Nov 26, 2008 Fairbanks puts hold on natural gas plant Nov 26, 2008 Aurora Power drops Southcentral commercial customers Nov 26, 2008 GE remains committed to coal facility Nov 26, 2008 Presidential ping-pong over executive orders Nov 26, 2008 Pickens Plan garners support Nov 26, 2008 Gas line break prompts road closure Nov 26, 2008 Thumbs Up For The Sun Nov 26, 2008 Imperial Energy buyout: no pre-condition for OVL Nov 26, 2008 * World Business Quick Take Nov 26, 2008 Feds Get It Wrong Again: Ethanol, a Troublesome Substitute for Oil, Natural Gas, Coal, and Nuclear Power Nov 26, 2008 Looking for the Fuel of the Future Nov 26, 2008 Bolivian Gas Crackdown May Spur Inflation in Brazil, Argentina Nov 26, 2008 Biofuels buys H.O. Clarke site Nov 26, 2008 America has always had mixed economy Nov 26, 2008 Brazil Sends Helicopters, Aid to Flood, Landslide Victims After 69 Deaths Nov 26, 2008 Canext Announces Third Quarter Results and Operational Update Nov 26, 2008 Greenland Wants Self-Rule and Power Over Its Oil and Gas Nov 26, 2008 'Green' electricity to help UK meet 2050 carbon emissions target Nov 26, 2008 • Minidoka Co. receives additional $155,092 in PILT funds Nov 26, 2008 Signs of thaw in bitter South Asian dispute Nov 26, 2008 Trojan decommissioning complete, but fuel rods remain Nov 26, 2008 Major gasoline leak disrupts Murrysville Nov 26, 2008 Brazil Landslides Kill 84, Leaving Towns Isolated Nov 26, 2008 Kawasaki Kisen Kaisha, Ltd. Delivery of 154,800m3 LNG Carrier 'TANGGUH FOJA' for TANGGUH Production Sharing Contractors Nov 26, 2008 As landowners lease mineral rights, plans to store CO2 underground progress (98) Nov 26, 2008 Gas discovery in Moz Nov 26, 2008 Amaranth, Traders Reach Deal With Regulators on Gas-Futures Manipulation Nov 26, 2008 Hedge fund, former traders strike deal on alleged manipulation Nov 26, 2008 Sun rising on California's power horizon Nov 26, 2008 40 comments Nov 26, 2008 Here are the 2009-10 Legislative Leaders Nov 26, 2008 Torrential rains kill at least 72 in Brazil Nov 26, 2008 Regulators OK Plan for PG&E Recovery Nov 26, 2008 Chesapeake closes US$3.37 billion Marcellus sale Nov 26, 2008 MISC aborts bid for Ramunia Nov 26, 2008 Express bus operator containing costs Nov 26, 2008 Oil steady near $51 after falling overnight (updated) Nov 26, 2008 * Death toll from floods in Brazils south rises to 84 Nov 26, 2008 Larger Foreign Corrupt Practices Act Fines Ahead Nov 25, 2008 Black Hills Corp. Revises 2008 and 2009 Earnings Guidance Nov 25, 2008 Aleris Announces Reduction at Roxboro Coil Coating Facility Nov 25, 2008 VeraSun Receives Non-Binding Indication of Interest for Purchase of Substantially All of Its Assets Nov 25, 2008 Beacon Redevelopment Industrial Corporation Reviews Initial Consultation Regarding its Natural Gas Rights and Reserves Nov 25, 2008 Our View: A bright spot in the economy Nov 25, 2008 Natural gas prices falling, too Nov 25, 2008 India to pitch 20% in Sakhalin-3 oil fields Nov 25, 2008 Gulf investors eye deals amid crisis Nov 25, 2008 OVL not to revise Imperial bid price Nov 25, 2008 Venezuela's Chavez Welcomes Russian Warships Nov 25, 2008 Nigeria: Govt Lacks Will to Stop Gas Flaring - Mark Nov 25, 2008
Repairs of a pipeline that carries natural gas from Bolivia to Brazil would take up to 21 days, the operator said, leaving hundreds of manufacturers in Santa Catarina and neighboring Rio Grande do Sul state cut off. Steelmaker Gerdau
hfrmack wrote on Nov 24, 2008 5:38 PM:" Steve,I have to agree with Kramerica, BLOTD!!!You REALLY need to get out of the "city" and into the "country" and get some fresh air.We have NOT ALWAYS had a mixed economy with socialism.Most of your examples have mixed up facts in them in that most of the examples you list have only been seen in yours and my lifetimes. But only in the "city".And most of the services you list are not provided from the tax base.Armed Forces: Of course, is the constant that... (Waterloo-Cedar Falls Courier)
In September, Xcel Energy said it was replacing about 23,500 natural gas meter readers in Fargo, West Fargo and Grand Forks because many of them have malfunctioned. The PSC said the faulty equipment caused billing mistakes for about 4,400 Xcel natural gas customers in North Dakota last winter. (Bismarck Tribune, ND)
Sponsored by NW Natural Gas. Time: 11:30 a.m. Location: Linn County Fair Center, 3700 Knox Butte Road N.E. Cost: 13 for pre-registered chamber members; 15 for chamber members at the door; 17 for non-members. (Albany Democrat-Herald, OR)
E.ON, the natural gas and electricity giant, offered in February to sell 5,000 megawatts of generation capacity along with its extra-high-voltage network to an operator not involved in generating or supplying power ... The commission has argued that former state-run monopolies have a disproportionate say in energy by controlling both the production and distribution of natural gas and electricity. (International Herald Tribune -- Business)
4 billion debt, the company might more than double the price of natural gas, a move that would deal a harsh blow to Ukraine's economy. The Russian state-controlled natural gas monopoly said it would try to "avoid" cutting off supplies to Ukraine. (International Herald Tribune -- Business)
The new, wind-driven power would replace electricity generated by natural gas which in turn could be shifted to fuel cars, thus cutting the nation s need for oil imports ... Money is also needed to get more natural gas-fueled vehicles into the market, as well as support systems such as refueling stations. (Wichita Business Journal, KS)
With the hunting area maps, for example, they might design oil or natural gas leases that include drilling areas, but exclude wildlife habitat. And interest continues to grow. (Missoulian, MT)
- Acquisition in September of natural gas assets in the Tofield area of Alberta for total cash consideration of $12 ... - Petroleum and natural gas sales revenue growth to $4,263,059 - a 22% increase from the Third Quarter 2007 ... 1 net) wells being cased for potential natural gas production and 3 gross (2. (CCNMatthews Press Releases)
---------------------------------------------------------------------------- Three months ended September 30 -------------------------------------------- % 2008 2007 change -------------------------------------------- AVERAGE DAILY PRODUCTION Oil and liquids-bbls/day 55 27 105% ---------------------------------------------------------------------------- Natural gas -mcf/day 785 357 120% ---------------------------------------------------------------------------- BOE/day - 6:1 186 87 114%... (CCNMatthews Press Releases)
5% Natural Gas (Mcf/d) 4,407 3,406 29 ... Petro-Reef's realized natural gas price for the quarter was $7 ... Petro-Reef is in the process of bringing onstream two oil wells and two natural gas wells, which collectively are expected to add approximately 250-300 boe/d. (CCNMatthews Press Releases)
Enerflex provides natural gas compression and process equipment for sale or lease, hydrocarbon production and processing facilities, electrical, instrumentation and controls services and a comprehensive package of field maintenance and contracting capabilities. Through our ability to provide these products and services in an integrated manner, or as standalone offerings, Enerflex offers its customers a unique value proposition. (CCNMatthews Press Releases)
The acquisition includes approximately 1,000 boe/d of existing production, consisting of 92% natural gas and 8% natural gas liquids ("NGLs") with approximately 4 ... While additional activity is required to confirm our estimates, our analysis has identified the unrisked opportunity to develop up to 1 Tcf of potential natural gas on these and Daylight's existing lands ... Daylight has 50,000 GJ/d, equivalent to 47,400 mcf/d, of natural gas hedged from January 1, 2009 to the end of October, 2009... (CCNMatthews Press Releases)
The Company grew production 17% compared to the second quarter to average 925 boe/d in the third quarter, made up of 52% oil and liquids and 48% natural gas ... 20 Capital expenditures $16,997,381 $60,176,319 Net working capital $21,336,077 $21,336,077 Total assets $100,933,521 $100,933,521 Shares outstanding Class A 28,222,700 28,222,700 Class B 1,173,600 1,173,600 OPERATIONAL Daily Sales Volumes Oil sales (bbls/d) 457 308 Natural gas liquids (bbls/d) 24 15 Natural gas (Mmcf/d) 2. (CCNMatthews Press Releases)
The house at 171 Inglewood also uses 73 per cent less natural gas than the Ontario Building Code allows. Still, the new owners will be able to luxuriate in steam showers and a Recor cast-iron bathtub. (Globe and Mail)
Venezuelan President Hugo Chavez, basking in the support of a powerful ally and traditional U.S. rival, wants Russian help to build a nuclear reactor, invest in oil and natural gas projects and bolster his leftist opposition to U.S. influence in the region. He also wants weapons - Venezuela has bought more than $4-billion in Russian arms, including Sukhoi fighter jets, helicopters and 100,000 Kalashnikov rifles, and more deals for Russian tanks or other weaponry may be discussed after Mr.... (Globe and Mail -- International)
However, this newly formed consciousness of democracy became the source of conflict between central and local governments in managing strategic natural resources, such as natural gas, gold and coal. Another source of conflict is the issue of local separatism, whether from the nation or to establish new provinces or regencies. (Jakarta Post, Indonesia -- Editorial)
Maintain natural gas equipment. Natural gas is a safe and efficient way to cook, heat our homes and hot water. (Danvers Herald, MA)
CenterPoint Energy Subsidiary Closes On New $600 Million Credit Facility Nov 27, 2008
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations ... Factors that could affect actual results include the timing and outcome of appeals from the true-up proceedings, the timing and impact of future regulatory, legislative, and IRS decisions, effects of competition, weather... (Primezone Releases)
The Company's mission is to acquire, directly or through joint ventures, a portfolio of small to mid-size natural gas fueled electricity generating assets, generally below 100 megawatts or ``MW.. The Company creates long-term value for its shareholders through disciplined asset acquisitions and hands on post-acquisition asset management. (Primezone Releases)
Floodwaters also damaged a section of the Brazil-Bolivia natural gas pipeline, leaving many without cooking gas or vehicular fuel. Over 600 troops from the Brazilian Army, the Federal Highway Police, and the National Force of Public Safety were working to rescue people isolated by floodwaters and stop looting in the region. (Xinhuanet, China)
Khoo noted that over the past 11 months, Ramunia had lost several overseas opportunities after its failure to secure a US$685mil contract from Oil and Natural Gas Corp of India. AmResearch said it was uncertain about Ramunias prospects without the support of Petronas and its ability to clinch further contracts and secure working capital for its existing projects. (The Star Online, Malaysia -- Business)
Advantage, based in Longmont, Colorado, is a leading provider of drilling and completion fluid services to oil and natural gas drillers in the Piceance Basin in Colorado and the Uintah Basin in Utah, which are among the most active natural gas drilling basins in the Rocky Mountains. Like Anchor, Advantage focuses on complex, unconventional drilling environments, which require specialized drilling fluid products and engineering services. (PR Newswire)
17 December 2008: Extraordinary General Meeting to decide on the proposal to assign subsidiary status to LNG terminals and natural gas storage facilities in France ... One of the leading energy providers in the world, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream to downstream. (PR Newswire)
From 17 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, emissions, petrochemical, shipping and metals markets. Platts' real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. (PR Newswire)
Moreover, the price of natural gas for heating homes this winter is expected to be only about 12 percent more than a year ago ... 45 per therm of natural gas earlier this year, which represented a 107 percent increase from the 70 cents per therm being charged in November 2007 ... Because of the expected high cost of natural gas, the federal government added hundreds of millions of dollars to the LIHEAP appropriation. (DeKalb Daily Chronicle, IL)
Natural gas prices rose 4. 5 percent from September and 60 percent in the year. (Bloomberg -- Germany)
71 a gallon while natural gas for January delivery increased 5. 4 cents to $6. (India Times)
Ronald Pantin, the company's Chief Executive Officer, stated "This well should add new reserves that can be developed using the production infrastructure that we are building in the Rubiales field and reinforces our optimism about the exploration potential of the other prospects in the Quifa Block." Pacific Rubiales, a Canadian-based company and producer of natural gas and heavy crude oil, owns 100 percent of Meta Petroleum Limited, a Colombian oil operator which operates the Rubiales and Piriri... (Canada Newswire)
One of the leading energy providers in the world, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream to downstream. It develops its businesses (energy, energy services and environment) around a responsible-growth model to take up the great challenges: responding to energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. (Canada Newswire)
QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)
The two industrial unions, the National Union of Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (Pengassan) had also showed interest in buying out the core investors, hence the decision to embark on an industrial action to drive home the point. Daily Independent had at that time reported on the need for a drastic solution to salvage the company within the remaining nine months of the year, if shareholders are to receive get returns on... (allAfrica.com)
com: Nigeria: Country, Angola to Be Highest-Earning Oil Producers By 2030 (Page 1 of 1). Enter your search terms. (allAfrica.com)
FAIRBANKS -- Plans for a natural gas liquefaction plant on the North Slope have been put on hold ... Fairbanks Natural Gas Chief Executive Dan Britton says he wants to see how competing projects would affect his company's plans to bring North Slope gas to Fairbanks. (Anchorage Daily News)
Aurora Power Resources has notified its commercial customers in Southcentral Alaska that it will stop supplying them with natural gas as of Monday, the Regulatory Commission of Alaska said ... Enstar Natural Gas Co., the main Southcentral gas utility, said that it can supply these customers with gas in December but that it might not have sufficient gas to continue this service after the end of the year ... The price cap would indexed the local natural gas price to a blend of prices found in... (Anchorage Daily News)
The small-scale plant would allow the company and the university to study the most economical ways of turning Wyomings Powder River Basin coal into a synthetic natural gas as well as develop clean coal technologies. The goal would be to make sure Wyoming coal remains a viable energy source as conventional coal burning loses favor because of global warming concerns. (Gillette News-Record, WY)
But The American Petroleum Institute, the trade association that represents the oil and natural gas industry, says it doesn't want Obama to re-impose the ban. Access for exploration and drilling in previously closed areas in the United States and offshore is vital to meeting U.S. energy demand, says the API.. (MSNBC -- Politics)
The new, wind-driven power would replace electricity generated by natural gas which in turn could be shifted to fuel cars, thus cutting the nation s need for oil imports ... Money is also needed to get more natural gas-fueled vehicles into the market, as well as support systems such as refueling stations. (Denver Business Journal, CO)
Officials said a contractor for Centerpoint Energy struck a natural gas line, causing the gas to be released into the air. Lincoln County Civil Defense Director Clifford Galey said the gas release did not cause any danger to area residents, so while the road was closed, nearby homes were not evacuated. (Brookhaven Daily Leader, MS)
Fossil fuels, such as coal and natural gas, release carbon dioxide into the atmosphere that traps heat like a greenhouse and raises temperatures. In 2005, Gov. Arnold Schwarzenegger launched an effort called the Million Solar Roofs plan, to encourage property owners to install a million solar roofs in California by 2018. (San Francisco Chronicle -- Technology)
NO STRINGS ATTACHED: Union Petroleum and Natural Gas Minister Murli Deora (right) with Russian Energy Minister Sergey Shmatko (centre) and Deputy Minister of Oil, Gas Industry and Mineral Resources of Turkmenistan B. Nedirov at the India-CIS roundtable on hydrocarbons in New Delhi on Tuesday. NEW DELHI: Russia on Tuesday said it was neither opposed to ONGC Videsh Ltd. (OVL), the overseas arm of Oil and Natural Gas Corporation, acquiring Imperial Energy Corp plc ... If the Indian company acquires... (Hindu)
Royal Dutch Shell has agreed to sell 2 million tonnes of liquefied natural gas (LNG) to PetroChina under a 20-year contract, state media reported yesterday. The gas will come in part from the proposed Gorgon gas project off the coast of Western Australia, the Shanghai Securities News said, citing unnamed Shell officials. (Taipei Times, Taiwan -- World)
Instead of releasing new mandates for ethanol consumption, Congress and EPA ought to overturn our artificial dependence upon the biofuel and begin building clean nuclear-energy power and coal plants, drilling for oil and natural gas in Alaska and off our coasts, and building more traditional petroleum refineries. Then we seriously could discuss the possibility of America's becoming energy independent while working to clean up air pollution. (Townhall.com)
Gas-to-Liquids (GTL) - Made from natural gas, GTL fuel is a cleaner-burning diesel fuel that's clear, odorless, sulfur-free and compatible with today's diesel engine. GTL can be used on its own or blended with diesel and has been cited by the California Energy Commission as the most cost-effective "alternative fuel" in reducing tail pipe emissions and our dependence on petroleum. (Fairfax Chronicle, VA)
Argentina, South America's second-largest economy and an importer of Bolivian gas, also may face price increases from Morales's order to seize assets and raise taxes on foreign producers, said Francisco Mezzadri, the former head of natural gas operations in Bolivia for CMS Energy Corp., Michigan's largest natural gas utility, and now a consultant in Buenos Aires ... Under a contract maturing in 2019, Petroleo Brasileiro, or Petrobras, pays Bolivia less than half the natural gas prices in North... (Yahoo News -- Argentina)
The H.O. Clarke Generating Station was built by Reliant Power in the 1940s and provided a generating capacity of 288 megawatts before the steam units were decommissioned in the mid-1980s and replaced with natural gas-fired turbines with a combined capacity of 78 MW. The gas-fired turbines were removed in 2004 and the station was decommissioned. The operational infrastructure on the site includes 65,000 barrels of above-ground storage tanks and a high-pressure natural gas pipeline that is... (Houston Business Journal, TX)
hfrmack wrote on Nov 24, 2008 5:38 PM:" Steve,I have to agree with Kramerica, BLOTD!!!You REALLY need to get out of the "city" and into the "country" and get some fresh air.We have NOT ALWAYS had a mixed economy with socialism.Most of your examples have mixed up facts in them in that most of the examples you list have only been seen in yours and my lifetimes. But only in the "city".And most of the services you list are not provided from the tax base.Armed Forces: Of course, is the constant that... (Waterloo-Cedar Falls Courier)
Damage to the pipeline interrupted natural gas shipments to at least five cities in the state, according to a statement by the state gas company, Companhia de Gas de Santa Catarina ... the state-controlled oil company, and Transportadora Brasileira Gasoduto Brasil-Bolivia began a contingency plan with two natural gas distributors in the states of Santa Catarina and Rio Grande do Sul to deliver 30,000 cubic meters of gas per day, enough to supply homes, hospitals and businesses, according to the... (Bloomberg -- Latin America)
The Company has a significant acreage position (12 net sections) in the Pouce Coupe Montney Doig natural gas resource play ... In accordance with NI 51-101, a BOE conversion ratio for natural gas of 6 mscf: 1 bbl has been used which is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead ... The actual future performance, developments and/or results of the Company may differ materially from any or all... (CCNMatthews Press Releases)
Those minerals are exactly what many hopes have been pinned on for years specifically, oil and natural gas. The United States Geological Survey estimates there could be the equivalent of as much as 31 billion barrels of oil off Greenland's northeast coast alone, potentially making it the 19th largest oil and gas province in the world. (TIME)
One element is the 'Electric Futures' project which will explore the use of low carbon electricity to meet a large part of the UK's energy needs, in particular to replace liquid fuels for ground transport and natural gas for heating buildings. Low carbon electricity is produced using methods that emit minimal carbon dioxide into the atmosphere. (EurekAlert! -- Business News)
The department collects about 4 billion in revenue each year from commercial activities on federal lands such as timber harvesting, oil and natural gas leasing and livestock grazing. Some of the money collected is shared with the states and counties, which lose the tax revenue on the property tax-exempt lands. (Burley South Idaho Press, ID)
From cement to natural gas, India and Pakistan are turning to commerce to help forge common ground ... 6 billion natural gas pipeline from Iran through Pakistan to India, a plan which remains in negotiations. (Christian Science Monitor)
CRfisherman wrote on Nov 25, 2008 8:12 AM:" Someday people will wish that Trojan had been overhauled and kept online. Nuclear power is a pretty clean alternative to coal and natural gas power production once a disposal site for the spent fuel is ready. There are numerous nuclear power generating facilites all over the world now and I would have to argue that "safety" shouldn't be a question mark of these things anymore, they have proven themselves. ". TDN Bad Boy wrote on Nov 25, 2008 8:20 AM:"... (Longview Daily News, WA)
Officials also shut off electricity and natural gas service to reduce the chances of an explosion or fire. It was unclear last night how much gasoline had leaked from the pipeline, owned by Sunoco Logistics. (Pittsburgh Post-Gazette, PA)
The floods also shut down a branch of a pipeline carrying natural gas from Bolivia to Brazil on Monday, cutting off supplies to Santa Catarina and neighbouring Rio Grande do Sul state, the company that operates the line said. The first deaths were reported on Saturday after two days of heavy downpours and weeks of steady rain. (Planet Ark, United States)
Tokyo, Nov 26, 2008 - (JCN Newswire) - A consortium comprising Kawasaki Kisen Kaisha, Ltd. ("K" Line) and P.T. Meratus Line (**) is pleased to announce the successful delivery of a brand new 154,800m3 Liquefied Natural Gas (LNG) Carrier, "TANGGUH FOJA", constructed at Samsung Heavy Industries, Co., Ltd. in Korea. The vessel will be chartered to the TANGGUH LNG operated by BP soon after her delivery as the first in a series of 3 vessels under "K" Line operation. (JCN Network, Japan)
5 percent state-owned and is the second largest natural gas supplier to Europe ... In 2000, Statoil sold its natural gas exploration and production subsidiaries in the Appalachian Basin to Equitable Resources for $630 million ... StatoilHydro also has a long-term throughput arrangement with Dominion, the owner of the Cove Point liquid natural gas terminal, for a third of the import capacity at the facility and all the new capacity from the recent expansion of the terminal. (Wellsboro Gazette, PA)
Article By: Tue, 25 Nov 2008 14:09 A consortium of South African and Mozambican energy companies have discovered two significant natural gas deposits off the coast of central Mozambique's Inhambane province, a local newspaper reported this week ... "If the existing gas is commercially viable, this discovery will allow us to cover domestic demand of natural gas," Bias said, adding the gas could be used in electricity generation, industry and motor fuel ... Sasol and ENH are already extracting... (iAfrica.com)
Nov. 25 (Bloomberg) -- Amaranth Advisors LLC and two of its former traders reached a settlement with federal regulatory staff over the alleged manipulation of natural gas futures prices, according to. The settlement, submitted to the Federal Energy Regulatory Commission yesterday, could end the case against the hedge fund and traders and. (Bloomberg -- Canada)
Amaranth Advisors LLC and two of its former traders havestruck a settlement deal with U.S. regulatory staff over the alleged manipulation of natural gas futures prices ... A spokesman for Mr. Hunter, a Calgarian who made more than $100-million trading natural gas for Amaranth before the hedge fund collapsed, declined to comment. (Globe and Mail -- Business)
Fossil fuels, such as coal and natural gas, release carbon dioxide into the atmosphere that traps heat like a greenhouse and raises temperatures. In 2005, Gov. Arnold Schwarzenegger launched an effort called the Million Solar Roofs plan, to encourage property owners to install a million solar roofs in California by 2018. (San Francisco Chronicle)
And as if these were not big enough issues, oilman T. Boone Pickens grandiose plan for wind farms from Texas to Canada is supposed to bring about a replacement for the natural gas now used for power generation ... In the past year alone, prices for electricity and natural gas in the U.K. have risen twice as fast as the European Union average according to figures released in November by the Organization for Economic Cooperation and Development ... In the journal Energy Policy, gas turbine expert... (Human Events Online)
Unfortunately this project was a target for environmentalist groups who misleadingly suggested the key to our state's energy problems is to expand the use of natural gas. In a year when record natural gas prices have sent the prices of commercial fertilizers soaring, their approach could not be more misguided ... Simply put, a greater reliance on natural gas will result in a hidden tax on all Wisconsinites via higher food prices, the WFBF leader concluded. (Agri-View, WI)
Meanwhile, an explosion triggered by the rains damaged one of the lines of the Brazil-Bolivia natural gas pipeline, disrupting supplies to parts of Santa Catarina and Rio Grande do Sul states. Repairs will take three weeks, said state oil and gas company Petrobras. (Xinhuanet, China)
These include more than $400 million in unreasonable power purchases, Lynch said, and a nearly $100-million contract to protect the utility s parent against fluctuations in natural gas prices ... An investment-grade rating would allow the company to raise money more cheaply, enhancing its ability to buy electricity and natural gas and to upgrade its equipment. (Yahoo News -- Utility Industry Deregulation)
37 billion sale on rights to the massive Marcellus Shale natural gas deposits in Appalachian region, the company said Tuesday. The largest U.S. natural gas producer announced two weeks ago it would sell a 32 ... Chesapeake Energy Corp. said it will "jointly explore unconventional natural gas opportunities worldwide'' with Statoil. Chesapeake received $1.25 billion in cash at the closing, giving it access to much needed cash amid a severe global credit crisis, and will get a further $2.125... (The Star Online, Malaysia -- Business)
The problems at Ramunia started when the group lost a US$685mil contract from Oil and Natural Gas Corp of India (ONGC) after it was unable to provide a bank guarantee and insurance certificates to the Indian company. As a result, its bid deposit of US$500,000 was also forfeited by ONGC.. (The Star Online, Malaysia -- Business)
The group is also increasing the number of buses using compressed natural gas (CNG) in its fleet, which will help save on fuel costs. Mohd Nadzmi said KTB was in the midst of acquiring 393 buses using CNG to add to its current stable of 72 stages buses. (The Star Online, Malaysia -- Business)
71 a gallon while natural gas for January delivery increased 5 ... 6988 a gallon while natural gas for January delivery tumbled 44. (The Star Online, Malaysia -- Business)
Business and industry was largely paralyzed across much of Santa Catarina because one of the mudslides ruptured a pipeline that supplies natural gas from Bolivia, an essential fuel here for cooking, cars and Brazilian factories ... Officials said it could take three weeks to repair the pipeline break in a remote area, Globo TV said, and the rupture also interrupted the flow of natural gas to the neighboring state of Rio Grande do Sul that borders Argentina and Uruguay. (Taipei Times, Taiwan -- World Business)
A settlement of that size would easily surpass the biggest FCPA penalty to date, which occurred when the oil and natural gas services company paid $44. 1 million last year to settle charges of bribery and other improper practices in six countries. (Law.com)
RAPID CITY, S.D., Nov. 24 /PRNewswire-FirstCall/ -- Black Hills Corp. (NYSE: ) today revised its 2008 guidance and outlook for 2009 in light of lower natural gas and crude oil prices, extraordinary developments in the financial sector, and related downturn in general economic conditions ... See section below titled "Discussion of Interest Rate Hedges" for additional detail; -- Anticipated total oil and natural gas production will be in the range of 13 ... 75 per MMBtu for natural gas and $61. (PR Newswire)
These risks and uncertainties would include, without limitation, Aleris's levels of indebtedness and debt service obligations; its ability to effectively integrate the business and operations of its acquisitions; further slowdowns in automotive production in the U.S. and Europe; the financial condition of Aleris's customers and future bankruptcies and defaults by major customers; the availability at favorable cost of aluminum scrap and other metal supplies that Aleris processes; the ability of... (PR Newswire)
Some of the factors that may cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements include the following: the ability of the Company (which term, unless otherwise specified or the context otherwise requires, refers in this paragraph to VeraSun Energy Corporation and its subsidiaries) to continue as a going concern; the ability of the Company to obtain additional debtor-in-possession financing on an interim or... (PR Newswire)
Nov. 25 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today has reviewed a summary of its initial consultation regarding its natural gas rights of its Westmoreland property ... The company will decide, after further review by its consultants, whether to allow Dominion Resources to use its natural gas well and/or storage facility, or if Beacon's own energy extraction projects would be impeded in a sharing arrangement ... "Beacon's consultants believe... (PR Newswire)
Moreover, the price of natural gas for heating homes this winter is expected to be only about 12 percent more than a year ago ... 45 per therm of natural gas earlier this year, which represented a 107 percent increase from the 70 cents per therm being charged in November 2007 ... Because of the expected high cost of natural gas, the federal government added hundreds of millions of dollars to the LIHEAP appropriation. (DeKalb Daily Chronicle, IL)
said Monday it will lower its natural gas rate 18 ... Peco has 484,000 natural gas customers in the Philadelphia suburbs. (Philadelphia Business Journal, PA)
NEW DELHI: India will pitch for a 20 per cent stake in the Sakhalin-3 oil and gas fields and importing liquefied natural gas from Russia when its Energy Minister Sergei Shmatko visits New Delhi on Tuesday ... Petronet LNG Ltd, the nation's largest liquefied natural gas importer, is doubling its Dahej terminal capacity to 10 million tonnes by next year and is keen on imports from Russia, which could be doubled to 4 million tonnes a year later. (India Times)
Abu Dhabi's Mubadala, one of the world's most active state funds, signed a deal Monday with Occidental Petroleum Corp. to develop natural gas fields in Oman. Financial terms were not disclosed. (India Times)
Acquisition of Imperial will cost OVL, the overseas arm of state-run Oil and Natural Gas Corporation, about 1. 4 billion pounds or $ 2. (India Times)
Chavez is looking to Russia for help building a nuclear reactor, investing in oil and natural gas projects and bolstering him and his leftist allies in limiting U.S. influence in Latin America ... The proposed natural gas pipeline is Chavez's brainchild, a controversial and ambitious plan he has promoted while exploring Russian investment. (Fox News)
"He said that the Committee was concerned about the non-implementation of the various deadlines fixed by the government for gas flare down, stressing that this had motivated it to come up with the bill on gas flaring which seeks to outlaw flaring by December 31, this year.Izunaso, who gave an insight into the provisions of the Bill, said that the Bill proposed stiffer penalties for defaulters, including a shut-down order by the Minister of Energy (Petroleum) as against the hitherto fine of $4... (allAfrica.com)
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