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Exciting year for oil & gas industry
2015-01-04 15:48:14| Oil & Gas - Topix.net
KOTA KINABALU: The year that ended was an exciting one for the oil and gas industry in Sabah as the sector has been progressively growing and moving towards the right direction of becoming a developed and high-income State. In fact, the State Government under the leadership of Chief Minister Datuk Seri Musa Aman has recognised the huge potential of the industry that would accelerate the State's social and economic development.
Methane plume over western US illustrates climate cost of gas leaks
2015-01-04 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The methane that leaks from 40,000 gas wells near the desert trading post of Cuba, New Mexico, may be colourless and odourless, but its not invisible. It can be seen from space. Satellites that sweep over the north of the energy-rich state can spot the gas as it escapes from drilling rigs, compressors and a pipeline snaking across the badlands. In the air it forms a giant plume: a permanent methane cloud, so vast that scientists questioned their own data when they first studied it three years...
Tags: cost
western
gas
climate
'Jordan suspends talks with Israel over $15-billion natural gas deal'
2015-01-04 09:33:51| Oil & Gas - Topix.net
Jordan is reportedly suspending negotiations with Israel over plans to import natural gas. The move comes after anti-trust regulators in Jerusalem last month declared the proprietors' control of the Leviathan gas field in the Mediterranean Sea as monopolistic, the Jordanian daily newspaper Al Ghad is reporting on Sunday.
U.S. Natural Gas Economics: $4 Works; $3 Is Too Low
2015-01-03 18:00:17| Oil & Gas - Topix.net
With Nymex natural gas averaging $2.93 per MMBtu for the next six months, the commodity's economics need to be re-assessed. While the current negative price signal can be rationalized, sub-$3 gas price is not sustainable in the longer term.
Columbia Gas Rate Drops
2015-01-02 21:32:58| Energy - Topix.net
Heating costs are going down in the new year for most Columbia Gas of Ohio customers thanks to a drop in the market price of natural gas. The company's regulated price is 46 cents per 100 cubic feet of gas this month, down from 57 cents in December; the price was also 57 cents in January 2014.
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