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Keyword: lng

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  • Philippines Considers LNG Import Receiving Options

    07/04/2014 6:23:35 AM PDT · by thackney · 1 replies
    Rig Zone ^ | July 04, 2014 | Cheang Chee Yew|
    Like most of its Asian neighbors, the Philippines has been a net energy importer for decades. The country’s dependence on hydrocarbons is relatively lower as compared to South Korea or Singapore as it has alternatives such as geothermal, hydropower and other renewable sources for electricity generation. But rising energy consumption and the expected depletion of gas resource at the offshore Malampaya field – the country’s major gas development – in a decade’s time has induced the Philippines to seek alternative energy supplies. Liquefied natural gas (LNG) import, together with the accompanying gas receiving facilities, is one of the options being...
  • Advocates See US Gas Exports Spurring Major Job Growth

    06/27/2014 4:56:29 AM PDT · by thackney
    MNI ^ | JUNE 24, 2014 | Jon Hurdle
    The United States plans to export abundant supplies of liquefied natural gas could generate tens of thousands of new jobs in industries that supply producers of the fuel, according to industry participants and a new study. But critics claim that increased demand from energy-hungry overseas customers would drive up domestic natural gas prices, causing manufacturers' costs to rise, and deterring job creation. As Congress considers bills that would speed government approval of applications to build LNG export terminals, a trade association representing manufacturers and others that service the shale gas industry projected that the construction and operation of the multi-billion-dollar...
  • FERC approves Cameron LNG liquefaction, export project

    06/19/2014 12:38:44 PM PDT · by thackney · 5 replies
    Oil & Gas Journal ^ | 9/2014 | Nick Snow
    The Federal Energy Regulatory Commission authorized Cameron LNG LLC’s plan to build and operate facilities to liquefy and export natural gas from its existing LNG import terminal in Hackberry, La. FERC also approved Cameron Interstate Pipeline LLC’s application to construct and operate pipeline and compression facilities in Cameron, Calcasieu, and Beauregard Parishes to supply the Cameron LNG facility with domestically-produced gas. Sempra Energy Corp. owns the project. The June 19 actions marked the second time FERC has approved an LNG export facility. It approved the Sabine Pass liquefaction project in April 2012, which is under construction. Sabine Pass’s application to...
  • After Oil, Natural Gas May Be Next On North American Rails

    06/16/2014 12:07:12 PM PDT · by thackney · 1 replies
    Reuters via Rig Zone ^ | June 16, 2014 | Edward McAllister
    ...Buoyed by the unexpected success of crude by rail, companies are beginning to consider transporting natural gas as remote drilling frontiers emerge beyond the reach of pipelines, executives said. Natural gas by rail is years away and likely to face strong public resistance after a series of explosive crude-by-rail accidents. But the potentially multibillion-dollar development could connect gas-rich regions like North Dakota with urban centers, presenting an opportunity for railroads, drillers and tank car makers already cashing in from hauling oil on trains. It could also be a cure for environmentally unfriendly flaring, a growing problem in far-flung areas where...
  • Economics of natural gas don’t always add up for fleets

    06/13/2014 5:07:19 AM PDT · by thackney · 4 replies
    Fuel Fix ^ | June 12, 2014 | Ryan Holeywell
    Though natural gas is abundant in the U.S., whether it can serve as a financially viable transportation fuel is a difficult question to answer. Commercial fleet operators from across the country this week are in Houston discussing the economics of natural gas, which often is touted as a less expensive, cleaner-burning alternative to gasoline. But industry officials at the Natural Gas Vehicles USA conference say despite their hopes for natural gas, converting fleets to run on the fuel isn’t always easy. Though the fuel has its advantages, the finances of making it work for fleets don’t always add up. “There...
  • Alaska Voters Hold the Key to the North Slope

    05/16/2014 10:07:09 AM PDT · by thackney · 9 replies
    Fuel Fix ^ | May 16, 2014 | Brigham McCown
    As political shenanigans continue to delay approval of the Keystone XL pipeline, Alaskan voters hold the key to avoiding a similar fate for what could be North America’s largest pipeline project. At an estimated cost of at least $45 billion, the Alaskan LNG natural gas pipeline project will deliver jobs and provide a boost to the economy in towns and villages all along the 800-mile route stretching from the North Slope to the Kenai Peninsula. After decades of talking about how to tap into the vast gas resources on Alaska’s North Slope, this project is poised to make that reality....
  • Walden presses Obama to stop natural gas export delays

    05/08/2014 4:04:18 PM PDT · by Twotone · 2 replies
    Oregon Catalyst ^ | May 8, 2014 | Staff
    With Congressman Greg Walden’s leadership, the House Committee on Energy and Commerce passed a bill last week (H.R. 6) to prevent the Administration from sitting on natural gas export permit applications. The longest pending permit? Nearly 900 days. There are 24 such permits pending approval, including two in Oregon. Where does the rest of Oregon’s congressional delegation stand on the issue of exporting natural gas? We’re going to find out soon enough. Over the last six years, no other industry sector has generated more capital investment and jobs than oil and gas. It isn’t even close. Since the end of...
  • An Overview Of The Global LNG Market And Future Outlook

    04/27/2014 9:02:48 AM PDT · by shove_it
    Seeking Alpha ^ | 25 Apr 2014 | Elliott Gue
    Summary Supply-demand balance in the global LNG market remained tight in 2014, thanks to China's rapidly growing demand for this commodity and limited capacity additions on the supply side. Tightness should continue through the end of 2016, with the next slug of export projects in Australia bringing a degree of price relief and potentially redirecting some cargos back to Asia. The global LNG market should loosen toward the end of the decade as additional supplies come onstream and some contract rotation occurs. Against this backdrop, the Asian market's premium to North American natural gas (after liquefaction and transportation costs) could...
  • The next Keystone? Natural gas project draws environmentalist ire

    04/23/2014 3:33:29 PM PDT · by jazusamo · 7 replies
    Fox News ^ | April 23, 2014 | Mike Emanuel
    A liquefied natural gas facility in southern Maryland is generating intense criticism from environmental groups, in a fight that echoes the protracted battle over the proposed Keystone XL pipeline. Energy company Dominion Resources is hoping to invest up to $3.8 billion to upgrade the Cove Point LNG facility as an export terminal. If successful, it could become the East Coast's chief LNG export facility, sending billions of cubic feet of natural gas to Japan, India, and elsewhere. Dominion stresses that the project would have a huge economic impact close to home as well. "The local area of Calvert County gets...
  • Liquefied natural gas shows potential as a freight locomotive fuel

    04/14/2014 5:40:43 AM PDT · by thackney · 15 replies
    Energy Information Administration ^ | APRIL 14, 2014 | Energy Information Administration
    EIA projects that liquefied natural gas (LNG) will play an increasing role in powering freight locomotives in coming years. Continued growth in domestic natural gas production and substantially lower natural gas prices compared to crude oil prices could result in significant cost savings for locomotives that use LNG as a fuel source, according to EIA's Annual Energy Outlook 2014 (AEO2014). Taken together, the 7 major U.S. freight railroads consumed more than 3.6 billion gallons of diesel fuel in 2012, or 7% of all diesel fuel consumed in the United States. The fuel cost more than $11 billion in 2012 and...
  • Liberation Of Europe From Gazprom Due To Nat Gas Exports Is Nonsense, Cheniere CEO

    04/11/2014 9:38:38 AM PDT · by Rusty0604 · 16 replies
    Zerohedge ^ | 04/11/2014 | Tyler Durden
    Despite the ongoing propoganda machine's push for a bailout plan to 'liberate Europe from Gazprom's claws', The FT reports that the head of Cheniere Energy, which is due to become the US’s first new natural gas exporter next year, said the ability of US energy to save Europe from its dependence on Russian supplies had been overstated. Simply put, as Putin knows all too well (but Obama and his merry men in the mainstream media seem destined to perpetuate), Cheniere's CEO blasts "It’s flattering to be talked about like this, but it’s all nonsense. It’s so much nonsense that I...
  • Opponents of natural-gas exports have it all wrong

    04/05/2014 6:20:53 PM PDT · by thackney · 35 replies
    MarketWatch ^ | April 4, 2014 | Diana Furchtgott-Roth
    Opinion: 4 reasons why exporting natural gas is the right thing for America Americans opposed to the export of U.S. natural gas give many reasons for their position. But almost all of them are wrong. The problem is that people underestimate the amount of this country’s natural gas and the potential effect exports could have on the world market. Russia has swallowed parts of Georgia and Ukraine. No one is proposing that America send soldiers to defend those countries, even though we guaranteed Ukraine’s sovereignty in 1994 under the Budapest Memorandum. Instead, we can help our allies by diminishing Russia’s...
  • ZUBRIN: The folly of blocking natural-gas exports

    04/01/2014 10:39:49 AM PDT · by thackney · 9 replies
    The Washington Times ^ | 3/31/2014 | Robert Zubrin
    The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. The ongoing Russian invasion of the Crimea and threat to the rest of Ukraine has added still greater urgency to these calls, as the need take action to weaken Russian President Vladimir Putin’s natural-gas stranglehold over Europe has become vital. Despite these economic and national security imperatives, there are still those who maintain that allowing American natural-gas producers to export their product would damage the national interest. According to...
  • ZUBRIN: The folly of blocking natural-gas exports

    04/01/2014 7:07:58 AM PDT · by jmcenanly · 2 replies
    The Washingto Times ^ | Monday March 31, 2014 | Robert Zubrin
    The boom in American natural-gas production during the past several years, and the consequent crash of domestic natural-gas prices, has caused many to call for the liberation of U.S. natural-gas exports. The ongoing Russian invasion of the Crimea and threat to the rest of Ukraine has added still greater urgency to these calls, as the need take action to weaken Russian President Vladimir Putin’s natural-gas stranglehold over Europe has become vital. Despite these economic and national security imperatives, there are still those who maintain that allowing American natural-gas producers to export their product would damage the national interest. According to...
  • How Liquid Natural Gas May Revolutionize Shipping, And Make Goods Cheaper

    03/31/2014 12:36:06 PM PDT · by thackney · 32 replies
    International Business Times ^ | March 29 2014 | Stephen Starr
    At a noisy, bustling shipyard 20 miles south of Istanbul, the world’s second-ever tugboat powered by liquefied natural gas sits at the end of a pier, awaiting its first water trial. “Then it’s off to Norway,” said with no little pride Ruchan Civgin, the contracts manager at Sanmar Shipyard, of the 115-foot vessel. “The first boat left in January.” Further south along the Marmara Sea coast, another shipbuilder is rolling out LNG-powered fish-feed vessels, used to transport feed for fish farms, for international markets. These ships may be the vanguard of a global boom in LNG-powered shipping, produced by the...
  • Can Europe wean itself from Russian natural gas?

    03/29/2014 2:46:30 PM PDT · by Mount Athos · 25 replies
    Washington Post ^ | March 28 | Steven Mufson
    On Thursday ENI’s [Italian oil/gas] chief executive, Paolo Scaroni, was in Washington to meet with Obama administration officials at the State Department and National Security Council to discuss natural gas, Russia and Ukraine. "What is relevant is that this dependency is going to go up and not down because domestic European production [including North Africa] is going down." Scaroni takes a dim view of American LNG as a means to liberate Europe from Russian gas, in part because he says that transporting LNG from the United States to Europe is expensive, Russian gas production costs are very low and Russia...
  • Eastern Europe is Pleading for American Made Energy

    03/27/2014 7:53:56 AM PDT · by SeekAndFind · 35 replies
    Townhall ^ | 03/27/2014 | Mike Shedlock
    About the only good coming out of ridiculous tit-for-tat sanctions on Russia is the possibility of revised US energy policy, and Lithuania is pleading for it. The BBC reports Lithuania Pleads for US Gas Exports to Counter Russia Lithuania's energy minister has called on the US Senate to speed up the export of natural gas to Europe. Jaroslav Neverovic said that Lithuania was being forced to pay a "political price" for being entirely dependent on Russian gas supplies. In his statement to a US Senate committee, Mr Neverovic urged members to do everything within their power to release natural...
  • Message to Moscow? Feds give initial approval for Oregon facility to export natural gas

    03/24/2014 3:02:41 PM PDT · by Berlin_Freeper · 46 replies
    foxnews.com ^ | March 24, 2014 | FoxNews
    The Energy Department gave conditional approval on Monday to an Oregon-based facility to export liquefied natural gas, in a move hailed by the energy industry and congressional lawmakers who want the U.S. to step up gas exports to counter Russian influence. "Given the situation in Ukraine, this license sends a positive signal to our allies and to energy markets that the United States is ready to join the growing global gas trade," Sen. Lisa Murkowski, R-Alaska, said in a statement. Lawmakers on both sides of the aisle for weeks have been pressing the Obama administration to expedite permits for natural...
  • Obama administration ignores eco-radicals, approves another natural gas export terminal

    03/24/2014 2:50:01 PM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 03/24/2014 | Erika Johnsen
    Before today, the Obama administration had only approved six of the more than two dozen pending permit applications for natural gas export terminals for countries with which we do not already have free-trade agreements. In just the past few months, however, the Obama administration has tentatively signaled that they are finally ready to really recognize the boon the recent shale gas bonanza has been for boosting the economy as well as consider the potentially helpful long-term geopolitical benefits that could be reaped from allowing our domestically produced oil-and-gas to flow more freely into the world market — and even of...
  • Texans boost natural gas use for driving, but not for power

    03/23/2014 6:31:58 PM PDT · by thackney · 2 replies
    Fuel Fix ^ | March 21, 2014 | Simone Sebastian
    Texans increased their use of natural gas to fuel cars and trucks in 2013, but reduced its use to power lights and appliances, according to new federal data. Natural gas used for vehicle fuel in Texas jumped by more than 16 percent between 2012 and 2013, data from the U.S. Energy Information Administration show. Meanwhile, less electricity was generated from gas in 2013, down by nearly 7 percent. That reversed a trend seen in recent years as utilities shifted from coal-fired to natural gas-fired power plants to take advantage of low-cost natural gas, with its price in the Untied States...
  • Green groups pressure Obama to reject LNG export expansion

    03/19/2014 1:18:58 PM PDT · by SeekAndFind · 25 replies
    Hotair ^ | 03/19/2014 | Bruce McQuain
    Right on cue, as it becomes obvious that Europe needs to be less dependent on Russian gas and oil, environmental groups here in the US have begun stepping up presure on President Obama to reject building the infrastructure necessary to help realize that strategic need. A coalition of environmental groups is calling on the administration to reject permits that would build Liquid Natural Gas (LNG) export terminals. Environmental groups called on President Obama Tuesday to reject pending applications to build liquefied natural gas (LNG) export terminals, citing the negative impacts from natural gas throughout its life cycle.The pressure from green...
  • FERC issues draft EIS on Freeport LNG’s Phase II projects

    03/17/2014 12:47:05 PM PDT · by thackney · 7 replies
    Oil & Gas Journal ^ | 03/14/2014 | OGJ editors
    The US Federal Energy Regulatory Commission has issued a draft environmental impact statement (EIS) on Freeport LNG’s Phase II modification and liquefaction projects. FERC concluded that “construction and operation of the projects would result in adverse impacts on certain resources and nearby communities.” FERC said, “We have identified that there would be significant and unavoidable impacts on residents of the town of Quintana due to construction noise and construction traffic if the projects are approved by the commission.” The commission added, “However, other adverse impacts would be reduced to less-than-significant levels with the implementation of Freeport LNG’s mitigation measures and...
  • Would U.S. Natural Gas Exports Put Putin in His Place?

    03/14/2014 7:50:56 AM PDT · by thetallguy24 · 19 replies
    Hardhatters ^ | 03/11/2014 | Jordan Long
    How specifically should the United States react to Russia’s Ukrainian intervention? The owner of one Knoxville, Tennessee liquor store has weighed in by having a fire sale on Russian vodka, which he won’t re-import until Moscow “gets its act together.” Former U.S. Representative and Republican (and Libertarian) presidential contender Ron Paul seems to have the opposite attitude, and thinks any sanctions against Russia by Washington would be “criminal” acts intended to provoke a war. Loosening restrictions on American exports of liquefied natural gas (LNG) rests somewhere in between these two approaches and has been advocated by a cast as diverse...
  • Heed Europe's Plea For U.S. Natural Gas Exports

    03/11/2014 1:04:57 PM PDT · by raptor22 · 15 replies
    IInvestor's Business Daily ^ | March 11, 2015 | IBD EDITORIALS
    Geopolitics: Four central European nations have appealed to the U.S. to increase natural gas exports should Russia cut off its supply to Ukraine. We are the superpower of energy. Time to give Vladimir Putin some gas pains. Hungary, Poland, Slovakia and the Czech Republic sent a letter Friday to House Speaker John Boehner, with a similar letter expected to be sent to Senate Majority Leader Harry Reid, asking the U.S. to expedite approval of natural-gas export applications. These nations believe a steady gas supply is key to the region's economic and geopolitical stability. Putin's Russia has used its energy resources...
  • The Ukraine Crisis Is Bolstering America's Oil And Gas Boom

    03/11/2014 12:50:56 AM PDT · by 2ndDivisionVet · 18 replies
    Forbes ^ | March 10, 2014 | Christopher Helman
    The hand-wringing over what to do to help Ukraine has had a very positive impact on the U.S. oil and gas industry. Politicians like Sen. Lisa Murkowski (R-AK) are seizing on the crisis to call for a lifting of the ban on U.S. oil exports — the better to counterbalance Russia’s petro-influence. While the Wall Street Journal this morning wrote that western politicians are working on a variety of options to help “loosen Russia’s energy stranglehold on Ukraine” including “larger exports of U.S.-made natural gas.” Nevermind that the U.S. currently exports no natural gas in the form of LNG because...
  • US gas exports will grow but won’t change markets, CEO says

    03/05/2014 12:12:28 PM PST · by thackney · 11 replies
    Fuel Fix ^ | March 5, 2014 | Collin Eaton
    U.S. tankers carrying cheap natural gas will ride a massive wave of demand to Chinese shores in coming years, but they won’t unshackle the high price Asia pays in the global gas trade from oil indexes, energy executives said Wednesday. And analysts predicting wholesale changes in global LNG markets – such as widespread adoption of cheaper pricing and more flexible supply contract terms – are likely to be disappointed, even after the advent of bargain-priced American liquefied gas exports, BG Group CEO Chris Finlayson said during a panel on the third day of the massive IHS CERAWeek energy conference in...
  • Watson: US Should Move Forward with LNG, Crude Exports

    03/05/2014 5:38:18 AM PST · by thackney · 10 replies
    Rig Zone ^ | March 04, 2014 | Karen Boman
    Chevron Corp. Chairman and CEO John Watson said the United States should get on with exporting oil and liquefied natural gas, saying that U.S. consumers and allies of the United States would benefit. “The debate over the benefits of free trade was won a long time ago,” Watson told attendees at the IHS CERAWeek conference Tuesday in Houston, noting the role that free trade has played in facilitating economic growth. The benefits of export and free trade pose a “very straightforward, economic argument for consumers and the nation,” Watson commented. While the controversy over exports of liquefied natural gas (LNG)...
  • Save the Ukraine By Exporting Natural Gas

    03/04/2014 7:05:50 AM PST · by SeekAndFind · 39 replies
    RCM ^ | 03/04/2014 | Diana Furchtgott-Roth
    A prescient House Energy and Commerce Committee report released last month, just in time for Russia's invasion of Ukraine, suggested that "by becoming a natural gas exporter, the U.S. can supplant the influence of other exporters like Russia and Iran while strengthening ties with our allies and trading partners around the world." President Obama does not want to use military force to counteract Russia. His 2015 Budget, due out this week, will shrink the military still further. But he has another weapon at his disposal, liquid natural gas exports. Congress and the president should without delay pass laws to make...
  • He Who Controls the Energy Controls the People

    03/02/2014 2:56:08 PM PST · by Kaslin · 23 replies
    Townhall.com ^ | March 2, 2014 | Marita Noon
    Like many conflicts before it, the current battle brewing between Russia and Ukraine has a strong energy component. Russia has a history of using its energy supplies as a control mechanism—such as the 2006 and 2009 gas wars when it cut natural gas supplies in the midst of winter and left many European nations, which rely on Russian natural gas that is shipped through Ukraine, without energy. The supply disruptions were due to “disputes over politics, price, and late payments,” says the Washington Post. Back in November, before the current conflict erupted, Reuters reported: “Ukraine has for years been a...
  • Researchers: Natural gas vehicles will see rapid rise globally through 2023

    02/28/2014 4:26:07 AM PST · by thackney · 30 replies
    Fuel Fix ^ | February 27, 2014 | Simone Sebastian
    The number of light-duty vehicles running on natural gas will more than double over the next decade to 39.8 million traveling on roads worldwide, according to a new report by research firm Navigant. Despite the rapid growth, natural gas will continue to have a modest market share compared to gasoline and diesel in 2023, fueling just 2.6 percent of the cars and light-duty trucks on the road, Navigant projects. A significant number of natural gas vehicles are already on the road in Brazil, Pakistan, Argentina and India, the report notes. But popularity is growing in North America, as well, driven...
  • Gulf Coast’s industrial boom strains labor pool

    02/17/2014 4:52:45 AM PST · by thackney · 9 replies
    Fuel Fix ^ | February 16, 2014 | Ryan Holeywell
    Companies developing multibillion-dollar Gulf Coast plants to export cheap domestic natural gas or make things with it are encountering a harsh reality: There aren’t enough skilled hands to do all that building. “It causes a big concern about what’s going to actually happen when it comes to fulfilling these jobs,” says Michael Bergen, executive vice president of Industrial Info Resources, a Sugar Land-based market research firm. It projects that companies ?will invest more than $64 billion to build at least seven liquefied natural gas facilities along the Gulf Coast in the coming years. And if demand for labor drives up...
  • Smaller companies join move to natural gas vehicles

    02/10/2014 4:53:03 AM PST · by thackney · 18 replies
    Fuel Fix ^ | February 9, 2014 | Zain Shauk
    Natural gas has become the fuel of choice for several large companies with vehicle fleets. Now, smaller firms are beginning to catch on to the trend, too. With a little nudging, companies that don’t have their own refueling stations are finding ways to start moving their goods and workers on natural gas. “The fact that it’s $2 a gallon cheaper makes it a no-brainer,” said Mike Little, director of transportation for Bryan-based Mid South Baking, which delivers buns and other products to quick-serve restaurants across the South. On an energy equivalent bases, diesel costs around $3.65 per gallon in Houston...
  • Natural Gas Locomotives May Prove Cheaper, Cleaner

    01/27/2014 5:08:39 AM PST · by thackney · 53 replies
    AP via ABC News ^ | January 23, 2014 | JOSH FUNK
    The diesel-burning locomotive, the workhorse of American railroads since World War II, will soon begin burning natural gas — a potentially historic shift that could cut fuel costs, reduce pollution and strengthen the advantage railroads hold over trucks in long-haul shipping. Rail companies want to take advantage of booming natural gas production that has cut the price of the fuel by as much as 50 percent. So they are preparing to experiment with redesigned engines capable of burning both diesel and liquefied natural gas. Natural gas "may revolutionize the industry much like the transition from steam to diesel," said Jessica...
  • A Big Fracking Lie (Obama supporters in a panic)

    01/22/2014 5:21:36 PM PST · by Hojczyk · 17 replies
    PoliticoMagazine ^ | January 21, 2014 | BILL MCKIBBEN and MIKE TIDWELL
    If you want to know just how bad an idea it is for America to ship “fracked” natural gas to overseas markets, travel the 65 miles from the White House to a place called Cove Point in southern Maryland. Sound good yet? There’s more: The Cove Point plant in Maryland is just one of more than 20 such “liquefaction” plants now proposed—but not yet built—for coastal areas nationwide. They are intended, as an emerging facet of U.S. energy policy, to double down on the highly controversial hydraulic fracturing drilling boom across the country. But like the Keystone XL pipeline for...
  • Encana slashing fuel costs by drilling with natural gas

    01/22/2014 4:50:09 AM PST · by thackney · 5 replies
    Fuel Fix ^ | January 21, 2014 | Zain Shauk
    Half of Encana Corp.’s drilling rigs are running on natural gas, which will save the company $200,000 to $1.5 million in annual fuel costs, the company’s CEO said during a Houston conference Tuesday. Speaking at World LNG Fuels 2014, Encana CEO Doug Suttles touted the Canadian oil and gas producer as a leader in using natural gas to power drilling rigs, hydraulic fracturing equipment, and even pickup trucks. About 30 percent of Encana’s pickup truck fleet run on natural gas, he said. Encana can save between $1 million and $1.5 million in annual fuel costs by using natural gas tapped...
  • PwC Sees More Shale-Driven Growth in Transportation & Logistics

    01/17/2014 5:56:49 AM PST · by thackney
    Rig Zone ^ | January 16, 2014 | Matthew V. Veazey
    Abundant, low-cost energy courtesy of the shale revolution incentivizes chemical producers and manufacturers to shorten their respective supply chains and return production facilities to the United States. As a result, railroads, trucking companies, marine shippers and even airlines are well-positioned to enjoy new growth opportunities. So says PricewaterhouseCoopers (PwC), which recently released a study outlining how transportation and logistics companies should benefit from oil and gas production from shale plays. Key conclusions of the report, "Shale energy: A potential game-changer," include: In addition to moving greater volumes of crude oil from shale plays, railroads provide a flexible and cost-effective option...
  • Alaska Signs Deal To Free Up Natural Gas For Export

    01/17/2014 5:45:34 AM PST · by thackney · 5 replies
    Rig Zone ^ | January 16, 2014 | Reuters
    Alaska has signed an agreement with major oil and gas firms to build an 800-mile pipeline to bring natural gas from the state's North Slope to a proposed export plant and on to Asia. The project, expected to cost between $45 billion and $65 billion, would be one of the largest projects of its kind in the world and would free gas stranded for decades without a market. The project, which would liquefy the gas for shipment in tankers overseas, is expected to take ten years to build, according to the state. Asian nations like Japan and South Korea are...
  • Brittany Ferries orders €270m ship

    01/14/2014 2:09:57 PM PST · by Berlin_Freeper · 2 replies
    connexionfrance.com ^ | January 14, 2014 | connexionfrance
    FERRY company Brittany Ferries has just placed an order for a new vessel that will be its largest, cleanest and most environmentally-friendly ship to date. The €270million cruise-ferry will be powered by Liquified Natural Gas (LNG) which emits 25% less carbon dioxide than traditional oil engines – and, as it burns with a clean flame and no smoke, emits no dust, soot or sulphur and is low in nitrogen oxide emissions.
  • Let The Gas Loose

    12/17/2013 5:56:01 AM PST · by Shout Bits · 7 replies
    Shout Bits Blog ^ | 12/17/2013 | Shout Bits
    The price of oil is basically the same the world over. This is because fleets of ships and miles of pipelines transport oil from where it is plentiful to where it is needed (although a Carter era law bans the export of US oil). The only difference in oil price is due to its varying quality and the cost to transport it. Not so for natural gas. In the US, gas costs around $4 per MMBtu (million BTU, about a million cubic feet). In England, the price is $8, and in Japan, the price is $16. Why wouldn't someone liquefy...
  • Utilities Want To Offer Natural Gas Truck Refueling, Competitors Object

    12/12/2013 6:20:02 AM PST · by thackney · 19 replies
    Jefferson Public Radio ^ | DECEMBER 11, 2013 | TOM BANSE
    Trucking fleet operators in the Northwest are showing growing interest in filling up with natural gas instead of diesel. Two reasons: natural gas is cheaper and burns cleaner than the gasoline or diesel that goes into most vehicles. The problem is there are very few filling stations for natural gas. Cleaner air, lower costs, limited infrastructure Take delivery truck driver Corey Schaller. He has one last stop before he can call it a day. He has to refill the gas tank of the beer truck he drives for Kent, Washington-based Click Wholesale Distributing. But there are just a few places...
  • Royal Dutch Shell: hull of world's largest floating oil platform launched in South Korea

    12/03/2013 6:34:43 AM PST · by oxcart · 16 replies
    Fox News/AP ^ | 12/03/13
    <p>Royal Dutch Shell PLC says it has completed building the hull of the world's largest floating facility, which has been constructed to process natural gas off the coast of western Australia.</p> <p>Shell said Tuesday that the 488-meter (1,600 foot) hull of the structure, known as "Prelude," was floated out of the dry dock in Geoje, South Korea where it is being built.</p>
  • This Natural Gas Find Could Completely Change the World As We Know It (Israel-Cyprus)

    11/03/2013 2:23:59 PM PST · by haffast · 15 replies
    The Motley Fool ^ | November 3, 2013 | Tyler Crowe
    One thing that makes the energy sector so intriguing is the constant overlap between markets and politics. In many ways, energy security is synonymous with national security, and the supply and demand needs of the oil market can make the most unlikely bedfellows. One country that has been at the center of energy and politics for decades has been Israel. For years the country has been dependent upon foreign energy sources, but a major discovery by Noble Energy (NYSE: NBL ) and its partners has turned this situation on its head. Let's look how this massive natural gas find could...
  • 3 Ways To Play The Natural Gas Engine Rollout

    10/30/2013 6:02:02 AM PDT · by thackney · 40 replies
    Seaking Alpha ^ | Oct 27 2013 | Kapitall
    The trucking industry is responsible for more than 68% of total freight moved in America, according to a report by the American Trucking Association. In 2012, 9.4 billion tons were transported by truck. Industry-wide total revenue generated was in excess of $642 billion. In other words, a lot of economic trade is carried on the back of an 18-wheeler. The problem is figuring out how to fuel the engines capable of hauling all that freight, while still ending up with a positive bottom line. Profit margins for trucking companies average less than 5%, with fuel costs taking up more than...
  • GE Capital and Clean Energy Form Strategic Alliance ...

    10/21/2013 7:21:08 AM PDT · by shove_it · 15 replies
    21 Oct 2013 | Joint Press Release
    GE Capital’s Transportation Finance business and Clean Energy Fuels Corp.[NASDAQ: CLNE], the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas. To take advantage of this opportunity, truck fleet operators will first work with Clean Energy to develop natural gas fueling contracts, and will then apply for loans and leases, including fair market value leases, from GE Capital to acquire trucks from manufacturers that produce commercial natural gas vehicles (NGVs). Clean Energy will then help offset the...
  • Syria crisis: Guide to armed and political opposition

    10/19/2013 4:34:53 AM PDT · by haffast · 5 replies
    BBC ^ | 17 October 2013 Last updated at 02:40 ET | Lina Sinjab, David Gritten, James Longman, Faisal Irshaid
    There are believed to be as many as 1,000 armed opposition groups in Syria, commanding an estimated 100,000 fighters. Many of the groups are small and operate on a local level, but a number have emerged as powerful forces with affiliates across the country or formed alliances with other groups that share a similar agenda. The BBC News website looks at the most prominent. Big snip
  • {LNG 101} What it is, who uses it and why

    10/16/2013 4:36:40 AM PDT · by thackney · 15 replies
    Alaska Journal of Commerce ^ | 2013.10.10 | ALASKA SUPPORT INDUSTRY ALLIANCE
    Editor’s note: This is the first in a 10-part series produced by the Alaska Support Industry Alliance to educate the public about liquefied natural gas. Liquefied natural gas, or LNG, is natural gas converted to its liquid form. When natural gas is cooled to minus-259 degrees Fahrenheit, it becomes a clear, colorless, odorless liquid. LNG is produced by taking natural gas from a production field, processing it to remove impurities, and then liquefying the processed gas. LNG isn’t corrosive or toxic. It doesn’t explode or burn as a liquid. Natural gas is primarily methane, with low levels of other hydrocarbons,...
  • Asia wants a piece of U.S. shale gas boom ...

    10/15/2013 8:25:12 PM PDT · by TexGrill · 1 replies
    Washington Post ^ | 10/15/2013 | Chico Harlan
    DAEGU, South Korea — Asia’s large-scale gas importers, long saddled with premium prices, say a cheaper alternative lies several thousand feet below North American soil, where companies are unlocking enormous gas reserves from shale rock. The shale boom has already revolutionized the gas market in the United States and Canada, giving both countries not only a reliable domestic supply but also the ability to sell overseas. Asian utility and gas company executives, speaking this week at a global energy forum here, have said that North America’s gas wealth could prove nearly as transformative across the world, leading to the first...
  • Coming to Railroads soon: Natural gas locomotives

    10/09/2013 7:18:36 AM PDT · by thackney · 71 replies
    Jacksonville Business Journal ^ | Oct 8, 2013 | Carole Hawkins
    Soon old-school diesel locomotives could be replaced by ones powered mainly by liquified natural gas. GE Transportation presented retrofit technology that enables locomotives to use both diesel and liquid natural gas at Railway Interchange 2013, the North American rail industry’s largest trade show and technical conference, the International Railway Journal reported. The system allows up to 80 percent natural gas substitution. The LNG is cryogenically stored in a tender and enables trains to travel further without refueling. New LNG powered locomotives will allow many industry players to meet stringent Tier 4 locomotive emissions standards set to take effect Jan. 1,...
  • Companies Give Leading LNG Site for Alaska Project

    10/08/2013 5:25:36 AM PDT · by thackney · 7 replies
    AP via Rig Zone ^ | October 07, 2013 | Becky Bohrer
    The companies seeking to advance a multibillion dollar natural gas pipeline project in Alaska have a leading contender for the terminal site where gas would be liquefied and shipped to Asia, signaling that a decades-old dream could still become a reality. Exxon Mobil, BP, ConocoPhillips and TransCanada Corp. announced Monday that the Kenai Peninsula town of Nikiski is the leading contender. Senior project manager Steve Butt said there are three or four other sites are still being considered — he declined to identify those — but said Nikiski has the land needed for the plant and the companies know they...
  • LNG producer will enter Texas market with Dallas-area plant

    09/25/2013 9:08:23 AM PDT · by thackney · 14 replies
    Fuel Fix ^ | September 25, 2013 | Collin Eaton
    A California liquefied natural gas producer is set to build a production plant in North Texas that could initially produce 86,000 gallons of fuel per day. Applied Natural Gas Fuels said Wednesday the plant in Midlothian, about 30 miles south of Dallas in Ellis County, would fire up in 2015 seeking to attract buyers in high-horsepower, trucking, oil and gas and similar industries that normally consume diesel fuel. A boom in U.S. natural gas production has made LNG competitive with diesel for such uses. The Midlothian plant will be the company’s first in Texas. It is also doubling production at...