Gas distribution
In all, the company set aside $1 billion to cover death, injury and property losses that occurred in three cities in Massachusetts during work to replace century-old cast iron pipes with high density polyethylene pipes.
A judge has backed plans to have Chicago's Peoples Gas utility company continue replacing more than 1,500 miles of cast and ductile iron pipes with new polyethylene pipes.
Illinois utility company Peoples Gas wants to spend more money per year on replacing aging Chicago gas mains for the next two decades than it ever has, even since "accelerating" the massive infrastructure project six years ago.
The Illinois Commerce Commission is ordering a review of a program to replace Chicago's aging cast iron natural gas pipes with new plastic pipes, although the work will continue during that review.
Polyethylene is the plastic replacement material of choice for modernizing the natural gas distribution system — so much so some are concerned about resin and pipe shortages.
Started in just 2011, Pipeline Plastics LLC will build a third plant — this one an estimated $10 million facility in Levelland, Texas — to meet demand for pressure pipe used for oil and gas applications.
DAVOS, SWITZERLAND — A new report claims that developments in “unconventional” oil and gas exploration will ultimately have a big impact on countries currently trying to play 'catch-up' with existing industrial giants.
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