Daily Archives: June 3, 2016

Methane emissions curbs costlier than earlier estimates, study says

The cost to reduce methane emissions from natural gas systems is nearly five times greater than previous estimates suggest, according to a study commissioned by ONE Future, a coalition of six US gas industry firms. The ICF International Study concluded that curbing methane emissions from US gas systems would cost an estimated $3.35/Mcf of methane…

KMI gets FERC approval for Elba Island LNG plant

Kinder Morgan Inc. (KMI) subsidiaries Elba Liquefaction Co. LLC (ELC) and Southern LNG Co. LLC received US Federal Energy Regulatory Commission authorization to build and operate the Elba Liquefaction Project at the existing Elba Island LNG terminal near Savannah, Ga. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

Oil prices remain near $50

Oil prices decreased on Friday on concerns about the US economy, but Brent crude held close to $50/bbl, according to a Reuters report. Read Full Article Here For more great articles: Offshore RSS Feed

Warren Resources files for Chapter 11

Warren Resources Inc., Denver, filed for bankruptcy protection in a Houston federal court on June 2 after negotiating a debt-for-equity swap with a group of senior lenders led by Blackstone Group’s GSO Capital Partners. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Wison in line to build Chilean offshore FSRU

GNL Talcahuano has submitted an environmental impact study to Chile’s regional Environmental Services Department to construct a floating regasification terminal in Talcahuano. Read Full Article Here For more great articles: Offshore RSS Feed