Category: Natural gas

Plenty of pluck left in the Marcellus, report says

The Marcellus region is now the biggest natural gas shale play in the world, and there’s still about $90 billion to be made by tapping the area’s reserves, according to a study by energy analyst group Wood Mackenzie.  More »

Guest commentary: Eight steps to plug cybersecurity holes

Since governmental guidelines and voluntary practices of today can quickly turn into the requirements of tomorrow, the oil and gas pipeline industry can prepare now.  More »

Noble-Consol joint venture plans Marcellus Shale midstream IPO

Cone Midstream Partners LP, a joint venture between Canonsburg, Pennsylvania-based Consol Energy Inc. and Houston’s Noble Energy Inc., filed for a $350 million initial public offering of limited partner interests on Aug. 25. The number and price range for the offering weren’t disclosed.  More »

Politicians cheer Pittsburgh airport gas drilling

The first well pad is in a remote wooded area about a mile from runways, but some future wells will be about one-quarter of a mile away. The airport authority owns about 9,000 acres of land.  More »

BP puts San Juan Basin gas wells on auction block

BP is trying to hawk thousands of aging natural gas wells in New Mexico as it trims some assets before the launch of its U.S. oil and gas business.  More »

Ending ban on oil exports would mean cheaper gasoline, energy executive says

ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.  More »

Exxon Mobil touts chemical plant expansion

Exxon Mobil Corp. officially launched its already underway Baytown Chemical plant expansion at an event Friday afternoon. Across the street from the event, workers were driving piles and shoring up the foundation for construction.  More »

Oil climbs as economic data signals U.S. growth

Oil for October delivery rose 51 cents to settle at $93.96 a barrel.  More »

Industry looks to develop better methane monitors

A partnership between the energy industry and an environmental group is developing technology that could help reduce the prevalence of harmful methane emissions.  More »

West Texas crude at 7-month low

September crude dropped 2 percent while October decreased 1 percent.  More »

Texas sees surge in tax revenue from natural gas motor fuels

As more consumers embrace natural gas vehicles, Texas is seeing a surge in sales tax revenue, more than double what the state was expecting to collect by mid-year.  More »

Environmentalists say Pa. health registry needed

Republican Gov. Tom Corbett’s administration said Monday it has enhanced the state health department’s handling of complaints involving natural-gas drilling, prompting environmentalists to renew their demand for more aggressive action.  More »

Less shake from artificial quakes

Man-made earthquakes, a side effect of some high-tech energy drilling, cause less shaking and in general are about 16 times weaker than natural earthquakes with the same magnitude, a new federal study found.  More »

Crude oil falls 1 percent to $96.41

Kurdish and Iraqi forces seized control of Iraq’s largest dam from Islamic State militants.  More »

China’s natural gas demand continues to grow

Natural gas accounted for only 4.9 percent of China’s total energy consumption in 2012, but that share is expected to grow to 8 percent by 2015 and 10 percent by 2020.  More »