Price volatility in natural gas and crude oil markets is energy executives’ top concern and compliance with new industry regulations looms, but industry leaders are generally confident in the coming year’s prospects, according to Grant Thornton LLP’s 10th Survey of Upstream U.S. Energy Companies.

GE and Chesapeake Energy Corporation announced March 7 a collaboration to develop infrastructure solutions they said will help accelerate the adoption of natural gas as a transportation fuel.

In many ways the world of natural gas trading bears little resemblance to the halcyon days of the 2000-2001 period when the business began an infamous meltdown because of the questionable practices some companies were applying.

The Federal Energy Regulatory Commission rejected a major tariff increase sought by the Enterprise TE Products Pipeline Company for the Enterprise TEPPCO pipeline. The increase was hotly opposed by the National Propane Gas Association (NPGA) and many individual shippers.

In the gas utility business, being prepared for any emergency is as natural as waking up in the morning and going to work. There is always a plan to handle a gas leak, broken pipe, supply shortage, etc. But then there are those rare cases that no amount of planning can solve. They are the events that try our souls and test the depths of our humanity. This is what happened on April 27, 2011 when a swarm of killer tornadoes ravaged the state of Alabama.

Surge is defined as the operating point at which centrifugal compressor peak head capability and minimum flow limits are reached. Actually, the working principle of a centrifugal compressor is increasing the kinetic energy of the fluid with a rotating impeller. The fluid is then slowed down in a volume called the plenum, where the kinetic energy is converted into potential energy in form of a pressure rise.

ExxonMobil, ConocoPhillips, BP and TransCanada, through its participation in the Alaska Pipeline Project, announced March 30 that they are working together on the next generation of resource development in Alaska.

The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations.

From the National Association of Pipe Coating Applicators' March 2012 supplement to Pipeline & Gas Journal
Member companies of the National Association of Pipe Coating Applicators (NAPCA) were extraordinarily active during 2011 as the group continued to concentrate its efforts on developing actionable technical information and quickly disseminating it to the industry. Based on several important measures, the association grew at a deliberate pace as its leaders laid the groundwork for its future success.

It is truly a very exciting time for NAPCA and our industry. There have been numerous accomplishments over the past few years. Our NAPCA website has totally been revamped. The website is now an authentic technical resource for all of our members to view. Our Board of Directors for the first time has voted to award a scholarship to Kilgore College in the Field of Corrosion Control.

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