Ohioans to pay more for Dukes smart grid Nov 21, 2009
has signed a settlement to recoup costs for smart grid upgrades that would raise residential electric and natural gas rates in Ohio, according to the Ohio Consumers Counsel. The settlement, which must be approved by the state utilities commission, would raise monthly electric bills by 49 cents and natural gas charges by 12 cents. (Charlotte Business Journal, NC)
Life is a gas for this quiet-achieving Aussie Nov 21, 2009
CEM chief executive Tony Say is bullish about the liquefied natural gas industry ... An area we are quite bullish about is the LNG (liquefied natural gas) business - not the big-ticket stuff like Woodside Petroleum but smaller LNG projects where the liquid gas will be dedicated to things like remote-site power generation as an alternative to diesel,'' he said ... It blows out less CO2 and fewer particulates, and the natural gas as a fuel is much cheaper. (Sydney Morning Herald -- Business)
Port, Jordan Cove extend land purchase deal Nov 21, 2009
By Alexander Rich, Staff Writer Saturday, November 21, 2009. The Oregon International Port of Coos Bay agreed Thursday to extend land purchase agreements with Jordan Cove Energy Project and Weyerhaeuser Co. The timber company would sell 1,300 acres of land on the North Spit to the port, which would transfer 147 acres to Jordan Cove. (Coos Bay-North Bend The World, OR)
Will Boom bust Harbrew's hopes? Nov 21, 2009
However, with its A- credit rating already on negative watch from Standard & Poor's, it is looking increasingly unlikely that it will be able to hold out on an equity raising for another year if it wants to approve a second train at its Pluto liquefied natural gas project on schedule. Ahead of a planned tour of the North-West Shelf and Pluto project site on Monday and an annual investor briefing in Perth on Tuesday, JP Morgan estimated Woodside would need $3. (Sydney Morning Herald -- Business)
CenterPoint, FPL explore La. pipeline option Nov 21, 2009
The pipeline would transport up to 2 billion cubic feet of natural gas a day from the Haynesville Shale to markets in North Louisiana and CenterPoint s Perryville Hub, according to CenterPoint (NYSE: CNP). Most Read Stories. (Houston Business Journal, TX)
Nebraska Ethanol Plant Fire Produces Lawsuit Nov 21, 2009
The owners of a Lexington ethanol plant and their insurer are suing a subsidiary of a Houston-based natural gas provider they say is responsible for an explosion and fire that shut down the plant for weeks ... 8 million after a pipeline carrying natural gas outside the plant ruptured last December. (ABC News -- Wire)
Pa. Residents Sue Gas Driller Over Polluted Wells Nov 21, 2009
residents sue Houston-based natural gas driller over polluted water wells ... Like her neighbors in this rural community 15 miles south of the New York border, Farnelli signed a lease with a major natural gas driller to explore a potentially lucrative formation beneath her land ... Like her neighbors in this rural community 15 miles south of the New York border, Farnelli signed a lease with a major natural gas driller to explore a potentially lucrative formation beneath her land. (ABC News -- Wire)
Smith: Pickens earns wealth, respect Nov 21, 2009
" Talking with Boone Pickens and learning more about his plan for America to eliminate its dependency on foreign oil is illuminating. It is a simple fact, he says, that our insatiable appetite for oil means that in the immediate future, we are going to face a crisis that will be devastating if we don't find alternate sources of energy. He is a proponent of natural gas and wind energy, but is open minded to all sources of energy - just get moving on a plan. He likes to quote Jonathon Gatehouse,... (Athens Banner-Herald)
Natural gas plunges 12% this month Nov 21, 2009
Natural gas prices over two months ... Natural gas prices over 2 years ... NEW YORK (AP) Natural gas prices have dropped more than 12% in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off. (USA Today -- Money)
VRA will get enough gas to power turbines-Derickson Nov 21, 2009
There were presentations on Pipeline Safety and Emergency Response; Offshore Pipeline Security; Community Relations; Overview of Natural Gas and Project Update, at the forum. 20 Nov 09. (Ghana Web, Ghana)
Viewpoint: Energy: past, present, future needs Nov 21, 2009
Coal, crude oil, and eventually natural gas was extracted and put to use as a huge new source of energy. This was ancient energy derived from the sun, trapped and stored as dead vegetation from millions of years ago. (Danvers Herald, MA)
Marshall: Safely heat your home this winter Nov 21, 2009
Maintain natural gas equipment. Natural gas is a safe and efficient way to cook, heat our homes and hot water. (Stoneham Sun, MA)
Fact checking the fact check Nov 21, 2009
The Associated Press again challenged the state's Alaska Gasline Inducement Act, under which the state is backing a natural gas pipeline plan being developed by TransCanada Corp.. "An AP investigation found her team crafted terms that favored only a few independent pipeline companies" and ultimately benefited TransCanada. (Juneau Empire)
Fire consumes bus in Tulare County Nov 21, 2009
Natural gas bus goes up in flames near 99 - Updates - Fresnobee ... Natural gas bus goes up in flames near 99 ... A Fire Department spokesman said the bus was powered by lique 00003C8B fied natural gas, which continued to vent for several hours after the fire was put out. (Fresno Bee)
Getting close to editor, Rudd risks paper cuts Nov 21, 2009
" Murdoch said in a recent interview that Rudd was over-sensitive to criticism.Interestingly, Rudd has maintained good relations with the rest of the Murdoch corporation, starting at the top. He had a three-hour dinner with Murdoch in New York in September. He is on good terms with Hartigan. He has friendly relations with The Australian's Canberra reporters. And, apart from a brief flare of anger at the reporting of the Godwin Grech fake email affair, he has a civil relationship with the editors... (Sydney Morning Herald -- Opinion)
Greening the U.S. Capitol Nov 21, 2009
Natural gas is what heats and cools Congress these days. "You get the response of, 'whoa! The government is doing this?'" shared Rogers. (ABC 7 News, DC)
The truth about oil Nov 21, 2009
The flaring of natural gas, a byproduct when oil is brought to the surface, releases contaminants that cause illness such as renal and cardiovascular failures, cancer, leukemia, emphysema, bronchitis, immune-system dysfunctions and reproductive disorders. These contaminants, when infused with the smell of petroleum, creates a heavy odor, which is made worst in the humidity of the tropics. (The Star Online, Malaysia -- Business)
Rio Tinto's coal unit slips on trading debut Nov 21, 2009
The US, which holds the world's largest reserves of coal, relies on the fuel for about half of its power generation, compared with about 20 per cent for natural gas. Demand for coal may improve next year, according to UBS's Lawcock. (Sydney Morning Herald -- Business)
'Faulty installation' causes fire Nov 21, 2009
He said natural gas or propane lines should be checked as well as the ventilation duct work. "Faulty ductwork is to blame for a lot of carbon monoxide poisoning," he said. (Rexburg Standard Journal, ID)
Cloud Peak Shares Fall After Reduction in IPO Price by Rio Tinto Coal Unit Nov 21, 2009
The U.S., which holds the worlds largest reserves of coal, relies on the fuel for about half of its power generation, compared with about 20 percent for natural gas. Demand for coal may improve next year, according to UBSs Lawcock. (Bloomberg -- Australia & New Zealand)
The many identities of Sarah Palin Nov 20, 2009
In 2004, she resigned from the state oil and natural gas commission when she felt other members had behaved unethically ... She pushed an agreement for a natural gas pipeline through the state legislature. (Juneau Empire)
Leader Energy Services Announces Third Quarter Results Nov 20, 2009
As expected Western Canadian oil and gas activity levels have remained at dramatically lower utilization rates relative to the preceding year due to low natural gas prices, high natural gas storage levels, the impact of the new royalty regime introduced by the Alberta government at the start of 2009, and the effect of the global credit crisis on our customers' abilities to raise capital ... While management believes that its estimates have been reasonable in the circumstances, the global credit... (CCNMatthews Press Releases)
Traverse Energy Ltd. (TSX Venture: TVL) Releases Third Quarter 2009 Results Nov 20, 2009
03 Funds flow from operations(i) 31 270 156 696 Net capital expenditures 259 139 500 293 Shareholders' equity 7,061 5,241 7,061 5,241 Working capital 4,089 2,514 4,089 2,514 Production (BOE/d)(6:1) 47 63 48 66 Average realized price Natural gas ($/Mcf) 3 ... Drilling is scheduled to commence in the fourth quarter, targeting light oil and natural gas. (CCNMatthews Press Releases)
NuLoch Resources Releases Q3 2009 Financial Results Nov 20, 2009
- Subsequent to Q3, significantly expanded the business with an acquisition of petroleum and natural gas interests in North Dakota and a $26,810,000 equity financing; and ... HIGHLIGHTS ---------------------------------------------------------------------------- Periods ended September 30, ------------------------------------- Three months Nine months --------------- --------------- 2009 2008 2009 2008 ------- ------- ------- ------- OPERATING... (CCNMatthews Press Releases)
24 South St. Notebook Nov 20, 2009
Tuesday, June 30, 2009 1:50 PM EDT. The address for Auburn's Memorial City Hall on South Street is familiar to many follower's of the city's government and its political scene. (Auburn Citizen, NY)
Abraxas sets $30M capital budget Nov 20, 2009
7 million to 2 million barrels of oil equivalent of crude oil and natural gas. The company projects its EBITDA (earnings before interest taxes depreciation and amortization) will be in the $38 million to $45 million range. (San Antonio Business Journal, TX)
Harper aide says Democratic policies hurtful to U.S. families Nov 20, 2009
Gardner said Cap and Trade is estimated to produce a 74-cent increase in gasoline prices while causing electricity costs to increase by 90 percent and natural gas bills to increase by 55 percent. Consumers will also pay more for every product that requires fossil fuels during manufacture and transportation, he said. (Brookhaven Daily Leader, MS)
Ambani row: Centre to file affidavit Nov 20, 2009
Mr Subramanium, one of the governments top lawyers, told the bench comprising Chief Justice KG Balakrishnan, justice B Sudershan Reddy and justice P Sathasivam that the price at which RIL is to sell natural gas to NTPC was arrived at through international competitive bidding. He said the empowered group of ministers (EGoM), which had fixed the price of gas, had already said its decisions did not apply to NTPC, and that the state-owned entitys case against RIL is pending before the Bombay... (India Times)
Oil hovers below US$78 in Asia Fri Nov 20, 2009
Natural gas for December delivery was steady at $4 ... The Energy Information Administration also reported that natural gas stockpiles rose to a new record high last week, largely because industrial customers are using a lot less energy ... Natural gas for December delivery added 8. (The Star Online, Malaysia -- Business)
PSC to Georgia Power: Study solar-only option Nov 20, 2009
Rather, their purchase allows the utility to displace power that would come from coal or natural gas with power from renewable sources such as biomass and solar. Georgia Power spokeswoman Lynn Wallace said the utility supports "any new concepts like solar-only that would help us grow our renewable (energy sources) without putting upward pressure on ratepayers as a whole. But solar is the highest cost resource in the Southeast. Having a 100 percent solar option would be a significant premium... (Atlanta Journal-Constitution -- Business)
Oil-paid study says Arctic spills easier to clean Nov 20, 2009
The company spent more than $2 billion last year to acquire leases and is seeking state and federal permits to explore for oil next summer in the Beaufort and Chukchi seas, which geologists say may hold vast amounts of oil and natural gas. "This does nothing to reduce the likelihood of a catastrophic oil spill," said Whit Sheard of Pacific Environment, one of the groups that has sued to block Shell exploration in the Arctic, referring to the research presented. (Juneau Empire)
'Faulty installation' causes fire Nov 20, 2009
He said natural gas or propane lines should be checked as well as the ventilation duct work. "Faulty ductwork is to blame for a lot of carbon monoxide poisoning," he said. (Rexburg Standard Journal, ID)
Woodside Says Pluto LNG Costs May Jump $1 Billion as Labor Expenses Rise Nov 20, 2009
The total bill for the liquefied natural gas venture in Western Australia may be 6 percent to 10 percent more than the A$11. 2 billion approved in 2007, Perth-based Woodside said today. (Bloomberg -- Australia & New Zealand)
Oil Hovers Below $78 as Traders Eye US Dollar Nov 20, 2009
Natural gas for December delivery was steady at $4. 34 per 1,000 cubic feet. (ABC News -- Business)
Flatto asks for zero increase Nov 20, 2009
Oil and natural gas heating costs for both town and school buildings have been negotiated by Town Purchasing Director Twig Holland at a price that is 20 percent lower than this year's. Additionally, retiree health benefits have hardly increased over the last two years ago. (Fairfield Minuteman, CT)
They were wrong about Medicare, too Nov 20, 2009
If They can provide a service be it health care, Mail delivery, natural gas service or whatever, in a way that is better than the Gov. then They would and and do get my money. I run a business that ships roughtly 15,000 small packages a month and I get hit up for business by the USPS almaost daily. (Atlanta Journal-Constitution -- Opinion)
PDVSA Profit Falls 67% on Price Drop, Production Cuts to Meet OPEC Target Nov 20, 2009
75 million barrels per day, while production of crude and natural gas liquids dropped 5. 4 percent to 3. (Bloomberg -- Latin America)
Nuclear power opponent speaks out on Payette proposal Nov 20, 2009
Jim wrote on Nov 19, 2009 2:49 PM:" I wonder if Dr. Rickards is also against hydroelectric power. Nuclear power is a good option for Payette and Idaho. He talks of the Plant in Ohio which is 40 year old technology. There are power plants all over the world that have operated safely for years. Nuclear power is a much better option than the natural gas fired plant the Id Power just proposed since it does not use an already scarce source of energy causing the price to go up for home heating and... (Ontario Argus Observer, OR)
Utility: Rate hike could shrink Nov 20, 2009
The mechanism allows the utility to make a mid-year rate adjustment based on the actual power costs that can sometimes fluctuate, such as natural gas and coal purchases on the open market. "The net effect should be significantly lower (rate increase) than the $70.9 million as proposed in the rate case," he said. (Casper Star-Tribune, WY)
Regional briefs Nov 20, 2009
-- A geological consultant for Garfield County is questioning whether a natural gas seep in West Divide Creek south of Silt is originating from just one gas well, as state officials maintain, and if repairs to the well are adequate. Geoffrey Thyne says the seep, discovered in 2004, isn't subsiding. (Casper Star-Tribune, WY)
Woodside's cost blow-out Nov 20, 2009
The company said the project was 82 per cent complete and is on track to deliver first gas from the Pluto field at the end of 2010 and first liquefied natural gas (LNG) in early 2011. If it remains on schedule, Pluto will become the fastest developed LNG project in Australia, from its discovery in 2005 to first gas. (Sydney Morning Herald -- Business)
MGE Energy adds to board Nov 20, 2009
Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to 137,000 customers in Dane County and purchases and distributes natural gas to 141,000 customers in seven south-central and western Wisconsin counties. Most Read Stories. (Milwaukee Business Journal, WI)
Don't blame wind, officials say Nov 20, 2009
He said new wind energy resources acquired by the utility have compared favorably with other resource options -- coal and natural gas plants -- when considering both the costs and the risks to customers ... "While there's a large up-front cost for wind, there isn't a power cost component for company-owned wind projects once they're in the ground, as opposed to a coal or natural gas plant where you have to continue paying for that fuel," Hymas said ... For instance, Case said he's heard... (Casper Star-Tribune, WY)
Fire Reports Nov 20, 2009
8:40 p.m. - Odor investigation, reports of odor of natural gas or propane in area reported at S. Arizona Dr.. 9:31 p.m. - Lock out, vehicle with keys locked inside reported at E. Pecan St.. (McKinney Courier-Gazette, TX)
Russia's Putin wants New Year without gas "shocks" Nov 20, 2009
Earlier Tymoshenko, responding to a warning a week ago by Putin, pledged that Ukraine would scrupulously fulfil its obligations on the transit of Russian natural gas to Europe. "We will very carefully and distinctly carry out our part in the transit of the gas," she said. (The Star Online, Malaysia)
Salazar: Energy frontier includes renewables, fossil fuels Nov 20, 2009
I don't want you all here to be scared, those of you here who are supportive of coal and oil and natural gas, Salazar said ... He said it was time to move forward with energy independence using biomass, geothermal, as well as wind and energy while continuing to use oil, natural gas and clean coal. (Agri-View, WI)
PMFG, Inc. (Parent of Peerless Mfg. Co.) Announces Preliminary Results of Annual Stockholders' Meeting Held on November 19, 2009 Nov 20, 2009
We primarily serve the markets for power generation, natural gas infrastructure and petrochemical processing. Headquartered in Dallas, Texas, we market our systems and products worldwide. (Primezone Releases)
Ahmadinejad Welcome by Lula May Weaken Trust in Brazil as It Expands Trade Nov 19, 2009
Exports to Iran, which holds the worlds second-biggest oil and natural gas reserves, account for less than 1 percent of Brazils abroad. Iranians are ready to buy or rent land in Brazil to grow soy and corn to help assure supplies and will also consider producing ethanol, Shaterzadeh said. (Bloomberg -- Latin America)
Government approves development of Jubilee Field Nov 19, 2009
" Dr Duffuor said during the presentation of the Government's 2010 Budget to Parliament that this meant that a value of $800 million would be realized for the nation. He said approval was given by the Minister of Energy to Unitisation and Unit Operating Agreement, which addressed the situation arising from the Jubilee Field straddling two contract areas and the significant differences in the provisions of the two petroleum agreements. He identified key projects and activities that the Government... (Ghana Web, Ghana)
Canada Stocks Rise as Toronto-Dominion Gains on Rate Outlook; Metro Climbs Nov 19, 2009
5 percent each as natural gas plummeted. Natural gas for December delivery fell as much as 30 cents, or 6. (Bloomberg -- Canada)
Post-Obama, The View From China Nov 19, 2009
What, exactly, is his opinion of the notion that the United States is seeking to control that crucial region, including its oil and natural gas reserves, as part of a strategy of containing China. President Obama has just left Shanghai, the sprawling city of 19 million people, and he told China that the United States does not want to contain or limit China's influence in Asia or the world. (CBS News)
Xcel reduces electric rate hike request Nov 19, 2009
It is Colorado s largest power utility, serving about 70 percent of the state s population with natural gas and electricity. Xcel said in a press release that the rate increase is intended to help the utility recover the $1. (Denver Business Journal, CO)
Gas well blowout near Grand Cane kills 1 Nov 19, 2009
- The DeSoto Parish Sheriff's Office says one worker was killed and a second seriously injured by a natural gas well blowout. Sheriff's Lt. Toni Joe Morris says deputies evacuated about two dozen houses within two miles of the Chesapeake Energy well, which blew about 10:30 a.m. Wednesday. (Nola.com -- Sports)
More of this story Nov 19, 2009
After nearly two years, the Montana Public Service Commission has approved Energy West, Inc.'s application to acquire approximately 83 percent of the outstanding shares of Cut Bank Gas Company (CBGC), a natural gas utility serving Cut Bank ... "The Cut Bank Gas transaction fits well with our growth strategy, which includes the acquisition of smaller natural gas utility operations in Montana and Wyoming that are complementary to our existing business," said Degenstein. (Cut Bank Pioneer Press - Golden Triangle, MT)
Perish the thought that we can handle a bigger population Nov 19, 2009
We celebrate every advance for thermal and photovoltaic solar, clean coal, natural gas and energy efficiency. But there is a risk high population growth may mandate new coal-burning power plants, especially in Victoria. (Sydney Morning Herald -- Opinion)
Sales taxes continue slide across county Nov 19, 2009
Tax collections are down in major sectors of the economy, including retail trade, oil and natural gas and construction. Copyright. (Cameron Herald, TX)
AP: Palin book goes after McCain camp but not Levi Nov 19, 2009
For example, Palin says her efforts to award a license for a massive natural gas transmission line was turning a pipe dream into a pipeline. She writes in awe about how the McCain campaign had hired a New York stylist who also had worked with Couric. (Missourian Publishing, MO)
Get more: Money Source Nov 19, 2009
Sixty million American homes rely on natural gas, and could see substantially lower heating bills next winter thanks to a glut in supply. Tags: Advertisement. (WJRT, MI)
Showa Denko to Develop New Liquid Electrolytes for Automotive LIBs Nov 19, 2009
Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. (JCN Network, Japan)
24 South St. Notebook Nov 19, 2009
Tuesday, June 30, 2009 1:50 PM EDT. The address for Auburn's Memorial City Hall on South Street is familiar to many follower's of the city's government and its political scene. (Auburn Citizen, NY)
US Senate to act on climate bill in 2010 Nov 19, 2009
The Senate text -- which is likely to change considerably before a final vote -- also makes a push for nuclear energy research and training, and promotes natural gas as a clean energy source. Read business stories in. (India Times)
Exall Energy Corporation Announces Significant Update to Mitsue Area Reserves Nov 19, 2009
Barrel of Oil Equivalent ("BOE") amounts were calculated using a conversion rate of 6 Mcf of natural gas to 1 barrel of oil ... For the purposes of calculating unit costs, natural gas has been converted to a barrel of oil equivalent (boe) using 6,000 cubic feet equal to one barrel (6:1), unless otherwise stated. (CCNMatthews Press Releases)
Oil higher on weak US$ Nov 19, 2009
Natural gas for December delivery gave up 27. 6 cents to settle at $4. (The Star Online, Malaysia)
Sinking Global Warming: Is There a Reliable Way to Track Atmospheric Carbon Dioxide Levels? Nov 19, 2009
But a lot of variability in such isotopes remains; for example, the ratio of these isotopes can vary significantly in natural gas alone, potentially throwing such measurements into dispute. And a paper in the November 7 issue of Geophysical Research Letters from earth scientist Wolfgang Knorr of the University of Bristol in England argues that the ocean's at all in the last 150 years, making it possible that natural systems could compensate for human emissions. (Scientific American)
Canext Announces Third Quarter Results and Operational Update Nov 19, 2009
Three Months Ended Nine Months Ended September September 2009 2008 2009 2008 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Average daily production Oil and NGL's (bbls/d) 228 124 207 147 Natural gas (mcf/d) 4,089 5,184 4,906 5,439 Production (boe/d) 910 988 1,025 1,053 Percentage Oil and NGL's 25% 13% 20% 14% Highlights ($000's) Revenue 2,412 4,859 8,258 16,768 Funds from operations 454... (CCNMatthews Press Releases)
