Category: Natural gas

Experts: Some fracking critics use bad science

In the debate over natural gas drilling, the companies are often the ones accused of twisting the facts. But scientists say opponents sometimes mislead the public, too.  More »

Frackers fund university research that proves their case

Pennsylvania remains the largest U.S. state without a tax on natural gas production, thanks in part to a study released under the banner of the Pennsylvania State University.  More »

ND regulator says natural gas production will rise

Preliminary study results say North Dakota’s natural gas production is likely to rise as future oil output falls.  More »

Black gold comes to Texas’ rescue again

While low natural gas prices may help you with your utility bill, it isn’t helping energy companies’ bottom line.  More »

Schlumberger’s earnings up, despite weaker fracturing demand

Schlumberger’s second-quarter earnings rose 4.8 percent from a year ago, boosted by international growth despite falling demand for its hydraulic fracturing services, the company said today.  More »

Lower prices slice profits for oil, gas companies

For oil and gas companies, the math was simple in the second quarter: lower prices equaled lower profits.  More »

Key Points From The Economist’s Special Feature On Natural Gas

Last week’s print edition of The Economist had a special feature which ran the gamut across the world of natural gas. Seven articles covered wide-ranging topics, from LNG to fracking to the various regional natural gas markets. While I highly recommend taking a look at these articles, I appreciate it takes a while to get through them […]  More »

Crude drop threatens gain in drilling

A decline of as much as 30 percent in crude prices from this year’s high has slowed a record expansion of U.S. oil drilling that began in 2009 when producers turned away from natural gas and toward more profitable liquids.  More »

Eagle Ford boom strains health care, schools

The Eagle Ford Shale is transforming South Texas, but the oil boom is straining health care, education and social services.  More »

Shell said to be in Anadarko talks for Mozambique gas

Royal Dutch Shell Plc (RDSA) has started discussions with Anadarko Petroleum Corp. (APC) over a bid for the U.S. producer’s gas assets in Mozambique, where energy companies are looking to tap the largest discoveries in a decade, according to people familiar with the situation.  More »

Italy seeks $18 billion investment ditching offshore ban

Mario Monti’s government is trying to attract as much as $18 billion in investment to Italy by relaxing a ban on offshore oil and natural-gas exploration imposed by Silvio Berlusconi after the 2010 Gulf of Mexico spill.  More »

BLM oil, gas lease sale nets more than $28 million

Parcels in New Mexico, Texas and Oklahoma netted more than $28 million in the Bureau of Land Management’s quarterly oil and natural gas lease sale.  More »