shale

IEA Chief Economist Fatih Birol synthesized the agency’s 2013 World Energy Outlook and his own analysis to suggest that for the next 20 years, low energy costs caused by the early and plentiful development of shale gas and energy infrastructure will give the United States a large competitive advantage over other nations when it comes to attracting and developing business.

In recent months, MarkWest Energy Partners has commenced operations of seven major infrastructure projects in the Northeast, including five new cryogenic processing plants totaling 1 Bcf/d of capacity and two fractionation facilities totaling 98,000 bpd of C2+ fractionation capacity.

The U.S. and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of nearly $30 billion per year, or $641 billion (real US$2012) total over the 22-year period from 2014 to 2035, a new study found.

Energy Transfer Partners has entered into a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corp., to provide midstream services for natural gas produced from certain XTO wells in the Permian Basin.

Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies - led by China and India - according to the BP Energy Outlook 2035.

This is a story of how a boneheaded, albeit well-intentioned, PR decision destroyed years of image building in one fell swoop.

The Crosstex Energy companies, Crosstex Energy, L.P. and Crosstex Energy, Inc., is continuing to expand its gas gathering and processing capabilities in the Permian Basin through a new long-term, fee-based agreement with a major oil and gas producer in the region.

Southcross Energy Partners, L.P. has begun construction of a 94-mile, 24-inch pipeline in the rich gas area of the Eagle Ford Shale in South Texas.

A leading energy economist expects the shale boom to retreat somewhat amid weak returns on capital investments that are already causing investors to turn their attention offshore where “risks are more understood.”

The U.S. Energy Information Administration's Annual Energy Outlook 2014 Reference case shows that recent growth in domestic crude oil and natural gas production is expected to continue for many years.

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