Category: Natural gas

Exxon, Shell see U.S.-led gas boom boosting global growth

Exxon Mobil Corp. (XOM), the world’s biggest energy company, and Royal Dutch Shell Plc (RDSA) said a U.S.- led transformation of the natural-gas market will boost the global economy even as oil becomes more expensive.  More »

IEA: China natural gas demand to double by 2017

Global demand for natural gas will likely grow 17 percent over the next five years as Chinese consumption doubles, the International Energy Agency said Tuesday.  More »

Chesapeake shareholders will select four new board directors

Chesapeake Energy has agreed to let its two largest investors appoint four independent board members as the natural gas company continues to face scrutiny of its corporate governance.  More »

Industry: EPA overstates pollution from gas production

The Obama administration overstated the greenhouse-gas emissions from unconventional natural-gas production, the American Petroleum Institute and the America’s Natural Gas Alliance said today in a study.  More »

Pa. to remain center of gas drilling, experts say

Like a runner who’s gotten a big head start in a race, Pennsylvania may be set to dominate natural gas production in the Marcellus Shale region for many years, experts say.  More »

South Texas county wary as oil boom settles in

A check for more than $300,000 was inside, the first royalty check from an Eagle Ford Shale well drilled on their property on the edge of Karnes County.  More »

Chesapeake oil well is biggest gusher in company’s history

Chesapeake Energy Corp. said it drilled the largest oil gusher in the company’s 23-year history at a “significant” discovery in the Anadarko Basin of Texas and Oklahoma.  More »

T. Boone Pickens talks money with Drake

Energy mogul T. Boone Pickens and rapper Drake don’t seem to have much overlap, but they do apparently when they are chatting money.  More »

Fracking’s interstate pollution needs U.S. rules, scientist says

Air and water pollution from natural- gas and oil production using hydraulic fracturing moves across state lines, so the drilling should be regulated by the federal government, a Cornell University scientist said.  More »

Petrobras first female CEO is Rousseff’s response to delayed oil

As Maria das Gracas Silva Foster took over as chief executive officer at Petroleo Brasileiro SA (PETR4), she couldn’t help giving a shout-out to two forces that have shaped her life.  More »

Shell CEO says natural gas fuels won’t compete with Port Arthur refinery anytime soon

Shell is working on ways to make liquid transportation fuel from natural gas, but on Thursday it was showing off the expanded Motiva oil refinery in Port Arthur, a joint venture with Saudi Aramco.  More »

Apache shareholders back annual board elections

Apache Corp.’s shareholders overwhelmingly supported a proposal calling for annual election of directors that the company’s management fought to keep off the agenda at last week’s annual meeting.  More »