Category: Natural gas

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 »

Names, Refrains, And Hurricanes

Given I am completely immersed in economic nerdiness as I prep for next week’s Platts conference, the burrito side of my brain has staged a coup and steered me back toward the more lighthearted ( / stormy) side of Energyland™. So with the official start to Atlantic hurricane season beckoning tomorrow (June 1), let us take […]  More »

Only 3 of 12 lots sold in Iraqi energy auction

Iraq’s government signed deals for only three of 12 oil and natural gas exploration sites offered in a two-day energy auction that ended Thursday, reflecting reluctance of foreign bidders to risk money in unexplored areas.  More »

Obama’s aide on climate change seeking oil, gas allies

Heather Zichal spent her early days in the Obama administration pushing a climate-change bill in Congress that oil and gas companies helped to derail.  More »

Ad campaign uses dead presidents to make nat gas pitch

The ghosts of dead presidents will be coming soon to Houston movie theaters, courtesy of a new campaign by the American Clean Skies Foundation, a natural gas advocacy group.  More »

Exxon Mobil boss hears shareholders’ praise and gripes

At Exxon Mobil’s annual shareholders’ meeting, CEO Rex Tillerson said the company is considering exporting North American natural gas.  More »

Only 1 successful bid in Iraq oil, gas auction

A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country’s fourth postwar energy auction. Two natural gas exploration deals meanwhile attracted no bidders.  More »

IEA: Global best practices needed in shale gas boom

Failing to adopt best practices in shale gas production could fuel public opposition and “halt the unconventional gas revolution in its tracks,” the head of the International Energy Agency said today.  More »

NY Comptroller calls for changes at Chesapeake

The New York State comptroller on Tuesday piled on to a growing uproar from shareholders of Chesapeake Energy Corp., denouncing the company’s board of directors for “significant failings in its oversight responsibilities.”  More »

BLM rejects permit for methane bacteria project

Federal land managers have rejected an application by a Colorado company to use bacteria to produce methane from northeast Wyoming coal beds.  More »

Icahn reveals Chesapeake stake

Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of company’s directors to be replaced.  More »

Drilling foes want to buy Wyoming Range leases

Opponents of natural gas drilling in the Wyoming Range want to buy an energy company’s drilling leases, but both sides appear to be waiting for the other to make the first move.  More »