Before the mid-2014 oil price decline, offshore exploration meant chasing barrels and finding giant fields, but many of them could not be developed due to spiraling costs. Source: News
Warren, Markey ask FERC to halt pipeline's construction for rehearing
Massachusetts’ two US senators asked the Federal Energy Regulatory Commission to revoke its Apr. 12 permission for Tennessee Gas Pipeline Co. (TGP) to begin construction of a natural gas pipeline project in the western Bay State until a rehearing can be held. Source: News
Markets, not mandates, drive gas
Market forces are driving increased use of natural gas to generate electricity because it will be a reliable and low-cost choice despite any Trump administration policy changes, a report commissioned by the Natural Gas Supply Association said. Source: News
Regional, market changes influence US onshore gas processing work
The gas processing space was in the midst of a regional and structural shift when OGJ published its final worldwide gas processing survey in June 2015. Source: News
Activists vs. consumers
When political obsession steers decision-making about energy, consumers suffer. A new study by the US Chamber of Commerce’s Institute for 21st Century Energy (ITCE) estimates the economic consequences of politically motivated limits on energy transportation and economic activity thwarted by lawsuits and regulation in the US Northeast Source: News
Funding for the crowds
The concept of crowdfunding-the use of small sums of capital from a large number of investors to finance business ventures, typically via the internet-is nothing new. Source: News