Page 6 - Intelligence Press News Today

FERC on Friday issued a favorable environmental assessment (EA) for Alliance Pipeline LP's Tioga Lateral Project that would deliver liquids-rich natural gas from the Permian Basin to the Chicago market hub.

SGR Holdings LLC subsidiary SG Resources Mississippi LLC (SGRM) said it has closed a $100 million credit facility for its Phase III expansion of the Southern Pines Energy Center high-deliverability natural gas storage facility in Greene County, MS, and that Phase II is moving along right on schedule.

Carolyn Davis, Author at Natural Gas Intelligence - Page 2 of 530

New Orleans-based McMoRan Exploration Co. said this week that it has gauged more Gulf of Mexico deep shelf natural gas condensate discoveries and plans to soon ramp up production.

El Paso Corp.'s Tennessee Gas Pipeline is considering expanding its mainline system and its Northeast Passage Project, which would deliver Rockies natural gas to East Coast markets, in response to shippers' requests for takeaway capacity from the emerging Marcellus Shale play in northeastern Pennsylvania.

Spurred higher by somewhat colder temperatures and a spooked crude futures market, February natural gas started Tuesday above $9 and continued higher from there. The prompt month peaked at $9.290 just before settling at $9.168, up 37.7 cents from Friday's close.

The Department of Transportation (DOT) has issued a final rule that will allow certain natural gas pipelines to operate at higher maximum allowable operating pressures (MAOP) than those permitted under existing pipeline safety regulations. Pipeline operators will no longer have to apply for special permits to operate at higher pressures, as is currently required.

Importing liquefied natural gas (LNG) by the winter of 2014-2015 is the only sure way to ensure adequate gas supplies for Southcentral, AK, Enstar Natural Gas CEO Colleen Starring told an Anchorage audience last week.

The American Petroleum Institute (API) Thursday accused the the Department of Justice (DOJ) of again missing a filing deadline for a court-ordered analysis of the potential environmental impacts of leasing in the Alaska Outer Continental Shelf (OCS).

A former board member of the New York Mercantile Exchange (Nymex) pled guilty Tuesday to two felonies -- illegal trading in the natural gas market and tampering with physical evidence.