Sunday, November 3, 2024

CNG and Natural Gas Infrastructure Continued During Harvey

NatGas was available to stricken areas via pipeline without interruption: Freedom CNG From NGT News Houston-based compressed natural gas (CNG) refueling station developer Freedom CNG says natural gas came to the forefront during Hurricane Harvey, when fuel was still available to fleets and to all others who use natural gas. “When the power went out, on-site back-up generators ensured that our customers

Marcellus, Ethane Storage Could Generate $36 Billion in Investment and 100K Permanent Jobs: WVU

From the Herald-Star CANONSBURG, Pa. — West Virginia University researchers believe a Marcellus and Utica shale ethane storage hub could help create $36 billion in investment and more than 100,000 permanent jobs — some of which could occur at industrial sites left behind by Wheeling-Pittsburgh Steel, Weirton Steel and Ormet Corp. During a Tuesday conference, WVU Energy Institute Director Brian

Cenovus Sale of Pelican Lake Assets Could Spark More Oil-Patch Deals

From the Globe and Mail Canadian Natural Resources Ltd. is buying a major heavy-oil property and other assets from Cenovus Energy Inc. for $975-million in what is expected to be the start of a busy deal season in the oil patch. Canadian Natural, fresh from acquiring Royal Dutch Shell PLC’s oil sands business, is snapping up a field in Alberta

Meet the Best of the Best in the Bakken

Deep dive into Bakken well data by EnerCom Analytics Oil and gas operators continually report that their newest wells are better than older wells. Improving technologies, such as more intense completions and more precise directional drilling, push well results higher. Such a trend can be clearly seen in the Bakken, where operations have been ongoing since before the beginning of

Gasoline Falls to 1-Week Low as Some U.S. Refiners Plan Restarts

From Bloomberg Gasoline declined to the lowest in more than a week as some U.S. Gulf Coast refineries said they plan to resume operations following shutdowns forced by flooding from Hurricane Harvey. Futures for October delivery lost 3.3 percent in New York after their biggest monthly gain since March of last year. While about one-fifth of U.S. refining capacity was halted, according

Canadian Natural Resources Canadian Natural Resources Limited (“Canadian Natural" or the "Company") announces in connection with its previously announced Normal Course Issuer Bid ("NCIB") to purchase up to 61,424,856 of its common shares - Oil & Gas 360

Canadian Natural Resources Buys Assets from Cenovus for $975 Million

Canadian Natural Resources Limited (ticker: CNQ) has entered into an agreement to acquire heavy oil assets in the Greater Pelican Lake region and other miscellaneous assets in northern Alberta from Cenovus Energy Inc. (ticker: CVE), for gross cash consideration of $975 million. The assets generate production of approximately 19,600 BOEPD, Canadian Natural Resources said in a press release. Cenovus plans

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