Jim Chanos is locking horns with Carl Icahn over liquid natural gas, stating he’s betting against Cheniere Energy Inc., of which Icahn is the largest shareholder. [Bloomberg] Falling U.S. oil production and low crude prices are casting a shadow over infrastructural pipeline construction. [WSJ] California officials told a citizens oversight board Tuesday that they know of… Keep reading →
Pipeline Construction
Energy News Roundup: Chanos Challenges Icahn, Pipeline Construction Falling & New Clean Energy Legislation In California
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By Todd Griset | PretiFlahertyAbundant Gas Supplies Spur New Pipeline Construction
By Samuel GlasserAs 2015 is ushered in, about 40 U.S. pipeline projects are in various stages of development for receiving natural gas from the Marcellus and Utica shales, including six that came on line in 2014. All together, the projects represent more than 33 billion cubic feet (Bcf) per day of capacity and about $20 billion of… Keep reading →
Energy News Roundup: 5-Year Low In Oil Tanker Spills, Shell Reports Loss in Earnings & Carso Energy Secures Texas Gas Pipeline
By Conor O'SullivanThe number of large-scale oil tanker spills has decreased significantly in the last five years with the current figures showing less than two per year. “At a time when focus on protecting the marine environment is high, this trend should provide encouragement to tanker owners. It is also a testament to the ongoing work by… Keep reading →