Category: Natural gas

Tribal leader opposes proposed fracking rule

A former president of the National Congress of American Indians says his tribe opposes proposed federal rules to require companies drilling for oil and gas on public and Indian lands to disclose chemicals used in hydraulic fracturing.  More »

Newly independent ConocoPhillips will expand in North America, CEO says

In the first shareholders meeting since ConocoPhillips split from its refineries, CEO Ryan Lance said the company will expand in Texas regions with a high content of natural gas liquids.  More »

Report: Booming Eagle Ford Shale created 48K jobs

An oil and gas bonanza in South Texas supported nearly 48,000 jobs last year while creating overnight boom towns cashing in on a $25 billion economic windfall from the liquid-rich Eagle Ford shale, according to a university study released Wednesday.  More »

Obama warms to energy industry by supporting natural gas

Huddled around the West Wing table were an unlikely group of co-conspirators with the administration of U.S. President Barack Obam  More »

Watch live as UTSA releases Eagle Ford economic study

The University of Texas at San Antonio is set to release an economic impact study on drilling in the Eagle Ford play. The event will be held from 11:30 to 1:30 p.m.  More »

Study questions whether fracking chemicals can migrate

A new study questions whether hydraulic fracturing chemicals could migrate into drinking water supplies faster than some experts believe, but several scientists have said the study is based on faulty assumptions, according to a ProPublica story.  More »

ConocoPhillips seeking a buyer for its Nigerian assets

ConocoPhillips (COP), the largest U.S. independent oil and natural-gas producer, is seeking a buyer for its Nigerian properties in a sale that may fetch $1 billion.  More »

Is fracking flopping on foreign finances?

Hydraulic fracturing, the drilling process that releases oil and natural gas from deep inside shale formations, has sparked a boom in the U.S. and a glut of natural gas that has driven prices to their lowest in a decade.  More »

Is fracking flopping on foreign finances?

Hydraulic fracturing, the drilling process that releases oil and natural gas from deep inside shale formations, has sparked a boom in the U.S. and a glut of natural gas that has driven prices to their lowest in a decade. While there’s been a lot of talk about exporting fracking techniques to other parts of the [...]  More »

Deep water draws more GE dollars to Houston

Manufacturing behemoth General Electric is ramping up investment in the energy sector and expanding its Houston footprint, with an eye on the global deep-water drilling boom.  More »

Feds approve Anadarko’s plan to drill thousands of gas wells in Utah

The Obama administration on Tuesday approved a plan by Anadarko Petroleum Corp. to sink more than 3,500 natural gas wells in eastern Utah, after the company agreed to environmental safeguards that aim to protect the local air and water.  More »

Enterprise adds new natural gas processing plant in Eagle Ford

A new cryogenic natural gas processing plant is in place in the Eagle Ford shale, yet another tangible indicator of the shale boom in South Texas.  More »

Record gas use by U.S. utilities fails to drive up price

U.S. utilities led by Southern Co. (SO) are burning a record amount of natural gas for generating electricity without triggering a forecasted boost to the fuel’s price from near 10-year lows.  More »

Total ‘on track’ to begin Elgin well operation within days

Total SA (FP), Europe’s third-largest oil producer, said it’s “on track” to begin a well intervention operation to plug a North Sea gas leak in the coming days.  More »

Interest in SD oil and gas leases continues

Similarities in underlying rock formations continue to fuel speculation that South Dakota might have petroleum reserves like those now fueling the oil boom in North Dakota.  More »