Archive for the " natural gas " Category

Natural Gas Services Group, Inc. Announces its Third Quarter 2009 Earnings Release and Conference Call

November 1st, 2009

MIDLAND, Texas, Oct. 30 /PRNewswire-FirstCall/ — Natural Gas Services Group, Inc. (NYSE: NGS - News), a leading provider of gas compression equipment and services to the natural gas industry, announces the following conference call information for their third quarter 2009 earnings release:
* Earnings Release: Thursday, November 5, 2009 after market close.
[...]

Natural Gas Prices Supported by Nuclear Outages and Smaller Storage Injection

October 22nd, 2009

Several nuclear outages and the anticipation of lower storage injection is helping to support physical natural gas prices. However, this is the time for a seasonal rally in natural gas prices so any sort of news tends to be viewed more bullish than bearish.
Price support for physical prices, particularly in the western half of the [...]

Wheatstone Project Welcomes New Partners on LNG Trains 1 and 2

October 22nd, 2009

SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX - News), through its subsidiaries Chevron Australia Pty Ltd and Chevron (TAPL) Pty Ltd, announced that it signed an agreement with Apache Julimar Pty Ltd, a subsidiary of the Apache Corporation (NYSE: APA - News), and KUFPEC Australia (Julimar) Pty Ltd, a subsidiary of the Kuwait Foreign Petroleum [...]

Tokyo Electric,Tokyo Gas Buying Alaska LNG To March ‘11

October 19th, 2009

TOKYO (Dow Jones)–Tokyo Electric Power Co. (9501.TO) and Tokyo Gas Co. (9531.TO) separately said Monday that they have extended purchases of liquefied natural gas from the Kenai LNG plant in the U.S. state of Alaska by two years to March 31, 2011.
Japan’s largest power utility by capacity, also known as Tepco, and Japan’s largest [...]

Exxon: Adriatic terminal gets its 1st natural gas

August 11th, 2009

IRVING, Texas (AP) — Exxon Mobil Corp. said on Monday that the first liquefied natural gas had arrived at the Adriatic regasification terminal near Porto Levante.
Exxon said the terminal is the first offshore gravity-based structure for unloading, storage and regasification of liquid natural gas.
Exxon said 45 percent of the terminal is owned by Qatar Terminal [...]

Enterprise Announces Expansion of NGL Fractionation Capacity at Mont Belvieu, Texas Complex

August 10th, 2009

Enterprise Products Partners L.P. (NYSE:EPD - News) today announced plans to build a new 75,000 barrels per day (BPD) natural gas liquid (NGL) fractionator at its Mont Belvieu, Texas complex that will provide the partnership with additional capacity to better accommodate growing NGL volumes from producing areas in the Rockies, the Barnett Shale and the [...]

Williams Receives FERC Approval To Provide Additional Natural Gas Service To Southeast By 2010

May 23rd, 2009

Tulsa, OK /PRNewswire-FirstCall/ — Williams (NYSE: WMB) announced today that that the Federal Energy Regulatory Commission (FERC) has approved a proposal to expand Williams’ Transco natural gas pipeline to serve markets in the southeastern United States.
New service from the Mobile Bay South project would be available in the second quarter of 2010. The project is [...]

Natural gas, oil prices fall

May 23rd, 2009

HOUSTON, May 22 — Energy prices fell May 21 with the biggest one-day drop in natural gas futures prices since August 2007 as the major US equity stock indexes were hammered and the dollar gained in value.
The front-month crude contract fell from a 6-month high but remained above $61/bbl on the New York Mercantile [...]

US natural gas rig count down to near 6-1/2 yr low

May 23rd, 2009

NEW YORK, May 22 (Reuters) - The number of rigs drilling for natural gas in the United States fell by 17 to 711 this week, the lowest level in nearly 6-1/2 years, according to a report issued Friday by oil services firm Baker Hughes in Houston.
U.S. natural gas drilling rigs have been in a [...]

Gas tax would shelter public

May 1st, 2009

BY DAVID FALCHEK
STAFF WRITER
With straining state budgets and the burden of natural gas exploration on governments and communities, a movement to tax natural gas production in Pennsylvania gained another supporter and more momentum.
The Harrisburg-based Pennsylvania Budget & Policy Center weighed in on imposing a so-called “severance” tax an natural gas production, saying it would both [...]