Tag: LNG

Seneca Resources Corporation has announced plans to complete the conversion of two of its Pennsylvania drilling rigs to cleaner-burning natural gas in an effort to displace the diesel fuel currently being used to power equipment at the well site.

North America is witnessing a fresh surge of natural gas production, which is encouraging investors to pump money into the industry, says a new report by natural resources expert GlobalData. The report states that the increase in shale gas drilling has made the US less dependent on LNG imports, and the region now plans to export some of its own natural gas production. The US has witnessed a huge increase in shale gas production, and consequently, the price of natural gas in the country has decreased, in turn attracting even more investors and LNG consumers. Significant commercial production of shale gas is being attained by the Barnett shale play in East Texas, the Fayetteville shale play in northern Arkansas, the Haynesville shale play in northern Louisiana, the Woodford shale play in eastern Oklahoma, the Antrim in upper Michigan, the Bakken in North Dakota and the Marcellus shale play stretching into western Pennsylvania, western New York and West Virginia.

   A subsidiary of Foster Wheeler's Global Engineering and Construction Group has been awarded an owner's engineer contract by Sempra Energy affiliate Cameron LNG LLC, for a new LNG liquefaction project in Hackberry, Louisiana.

   The bank that ships the most commodities, Morgan Stanley has hired a liquefied natural gas tanker to haul a cargo the 14,500miles from the United States to Japan.

   Energy Transfer Equity’s Trunkline LNG Company, Trunkline LNG Export and Trunkline Gas company subsidiaries have filed a request with the Federal Regulatory Commission to build a natural gas liquefaction project that is under development in Lake Charles, Louisiana.

Clean Energy Fuels Corp. and Texas truck transport provider, Green Energy Oilfield Services, signed a 10-year agreement to build, supply and maintain a new liquefied natural gas fueling station at the Fairfield, Texas-based, Green Energy headquarters.

  Petrobas, Brazil’s state-run oil company has signed a letter of intent to conduct studies over the next six months to determine the possibility of building fertilizer and liquefied natural gas regasification plants in Rio Grande do Sul state.

Per its agreement with the state under the Alaska Gasline Inducement Act, TransCanada Corp. is continuing on schedule to file a public convenience and necessity application with FERC for the Alaska Pipeline Project to transport to Lower 48 markets.

  InterEnergy Holdings has agreed to form a joint venture with BW Gas to build a Liquefied Natural Gas terminal as part of a logistics solution to bring natural gas to the Dominican Republic in San Pedro de Macoris.

New Jersey Gov. Chris Christie has vetoed a proposed offshore liquefied natural gas project 16 mi off the coast of Asbury Park.