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Foreign companies are making big bets on the Gulf Coast petrochemical corridor, where capital investment is surging because of cheap U.S. natural gas, other lower costs and the existing industry infrastructure.
The Marcellus is starting to prove that, given time, its proximity to the East Coast makes it potentially profitable for those who got in early, according to a Moody’s report issued Tuesday.
Americans are cozying up to the idea of solar power, with four-fifths saying they view it positively, according to a survey released Monday.
The historic overhaul of Mexico’s energy sector could shift the direction of its nascent wind power industry to the huge market north of the border.
Houston-based Micro- Seismic uses instruments called geophones on the surface or buried underground to capture and analyze sounds from a well while it’s being fractured. The technology, called surface microseismic, allows operators to customize the fracturing while it’s in progress, improving the efficiency of the resulting hydrocarbon extraction.
The new West Texas transmission lines helped Lone Star wind power reaching new gusty heights, reaching a record of more than 10,000 megawatts of generation late Wednesday night.
The University of Houston has teamed up with two Houston-based energy companies to create a special think tank focused on the needs of electricity companies, the university announced Monday.
The United States accounted for 10 percent of world crude oil production in the fourth quarter, with oil from unconventional tight rock operations accounting for almost half of the crude American wells produced.
Marathon is continuing to ramp up its presence in domestic shale plays, saying that the Eagle Ford, Bakken and Oklahoma Woodford still provide it some of the world’s best investment opportunities.
Natural gas export supporters are calling on Congress to help speed up the approval of new export terminals, arguing that the export capacity could send a powerful message to Putin about the U.S. stepping up as Europe’s new energy buddy.