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WSI Corp. said Monday that from January-March it expects cooler-than-normal temperatures on average across the northern tier of states and along the Pacific Coast with warmer-than-normal temperatures elsewhere.
Freeport LNG has applied at FERC to construct and operate a natural gas liquids (NGL) extraction system at the Quintana Island liquefied natural gas (LNG) regasification terminal in Texas. Adding the capability to extract NGLs would broaden the terminal's options among global LNG supplies and improve the pipeline-readiness of regasified LNG, Freeport LNG said.
Oklahoma energy interests will have a friend in the state's new Republican governor when she takes office Jan. 10. Mary Fallin, the departing representative from Oklahoma's 5th congressional district, has been an advocate for home-grown energy and is the incoming chair of the Interstate Oil and Gas Compact Commission (IOGCC).
Canadian drilling is reviving, but producers are switching targets by turning away from natural gas and concentrating on oil as their prices stay on diverging courses. The new focus for hydraulic fracturing techniques is "tight oil."
Global upstream capital spending in 2010 likely will exceed $380 billion, led by a "spectacular" recovery in the United States, Wood Mackenzie said in a new report.