Repsol

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    Repsol Not Happy with Spectra’s Atlantic Bridge, Pipeline Reversal

    A number of Canadian LNG export facilities being planned for eastern Canada are dependent on obtaining cheap, abundant Marcellus and Utica Shale gas from the U.S. Today we highlight news of a new (to us) entrant into the LNG race, AC LNG (see our companion story). How will Marcellus and Utica Shale gas get to the northern reaches of Canada? Via the Maritimes & Northeast Pipeline LLP (M&NE), a pipeline that stretches from the Boston area all the way to the northern reaches of Nova Scotia. Historically the M&NE pipeline has brought natural gas south, from Canada to the U.S. One of the sources of the gas traveling south on the M&NE is the Canaport LNG facility in New Brunswick–which imports LNG and regassifies it and sends it out over the M&NE. Repsol, a huge Spanish oil company, is the owner of the Canaport facility. So it’s no surprise that Repsol is sounding the alarm and asking the question: What happens to the gas we send south if M&NE reverses its flow and begins sending gas north?…
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    Marcellus Companies Among Winners at Platts Global Energy Awards

    Publishing company Platts held their annual Global Energy Outlook Forum yesterday on Wednesday in New York City. MDN editor Jim Willis has gone for the past couple of years–but this year Platts uninvited media, including MDN, to attend. So unfortunately we have no news for you from the Forum. However, Platts holds an evening award ceremony each year, following the Forum. It’s called the Platts Global Energy Awards and Wednesday was the 17th running of the awards. Energy companies from seven countries won 18 awards. One company, a company with a growing presence in the Marcellus/Utica, stole the show by winning three awards. That company was Repsol, the Spanish oil giant with a love affair with American shale. Here’s a recap of the event, and the list of winners…
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