Category: Natural gas

Korea Gas, Shell start discussions on Canada LNG project

Royal Dutch Shell Plc (RDSA) and three Asian partners will jointly develop a liquefied natural gas export project in Canada’s British Columbia province and are in talks with local communities to win their support.  More »

Alaska group to evaluate how to advance tax debate

Supporters of changes to Alaska’s oil production tax structure have called for a meeting to discuss how best to advance the debate after another legislative defeat.  More »

Anadarko shows interest in buying Chesapeake assets

Anadarko Petroleum’s new CEO says the company might be interested in purchasing Permian Basin assets of Chesapeake Energy, which is selling the acreage to pay down debt.  More »

Survey: Shale driving optimism in oil and gas industry

A survey of energy executives by audit and advisory firm KPMG found most respondents see the U.S. reaching energy independence by 2050.  More »

Anadarko expands massive Mozambique discovery

Anadarko’s Golfinho exploration well hit more than 193 net feet of natural gas pay offshore Mozambique, the company announced Tuesday.  More »

Increase in “flaring” tied to pipeline shortages

With oil production on the rise in Texas, drilling companies are increasingly burning off the natural gas that surfaces with the oil because they can’t get pipelines in place fast enough to transport it.  More »

Deadliest danger for oil workers is on the road

An oil industry exemption from highway safety rules needs to be re-examined. It’s putting not just the oilfield workers at risk but the driving public as well.  More »

Anadarko’s new CEO pledges to stay the course

Former investment banker Al Walker on Tuesday takes the helm of Anadarko, one of the world’s largest independent oil and gas producers, succeeding a chief executive credited with building one of the industry’s most attractive exploration portfolios.  More »

Skepticism surrounds Chesapeake finances

A $3 billion loan late Friday and assurances from Chesapeake Energy Corp. executives Monday morning did little to assuage concerns by analysts and investors about the embattled natural gas company’s finances.  More »

ConocoPhillips interested in more Australia shale investment

ConocoPhillips (COP), the third-largest U.S. oil company, said it’s interested in further shale investments in Australia following a partnership last year with Perth-based New Standard Energy Ltd.  More »

ND becomes nation’s second-leading oil producer

North Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas.  More »

Carl Icahn: Chesapeake’s white knight?

The activist investor may see embattled Chesapeake as more than just a passive investment.  More »