Category: Natural gas

Ackman like Buffett buoyed by fracking in Bakken

Bill Ackman, the largest investor in Canadian Pacific Railway Ltd. (CP), is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.  More »

Cheniere plans to complete $4 billion in LNG terminal financing

Cheniere Energy Inc., the first company to win approval to export natural gas from the continental U.S., plans to complete as much as $4 billion in financing for the project in the next few days.  More »

Federal energy data chief says crude exports would boost economy

The U.S. Energy Information Administration projects domestic crude oil production will grow by as much as 1.6 million barrels per day by 2035.  More »

Fracking can be undertaken safely in U.K., Royal Society says

Hydraulic fracturing, known as fracking, to exploit shale gas reserves can be carried out safely in the U.K. if it’s effectively regulated, according to the Royal Society and the Royal Academy of Engineering.  More »

Natural gas prices drop 3 percent

The price of natural gas dropped more than 3 percent Thursday following reports of an unexpectedly large increase in U.S. supplies.  More »

Chesapeake likely to turn funding gap into $2 billion surplus, analyst says

Cash-strapped Chesapeake Energy Corp appears likely to wind up with a $2 billion cash surplus by the end of 2012, turning around a projected shortfall of $12 billion by selling assets, according to an analysis from Alembic Global Advisors.  More »

To Be Or Not To Be: Global Energy And Cellulosic Ethanol (And Unicorns)

Well, no it isn’t (the question, that is). It is more of a statement or affirmation, as this post takes a look at two charts from two recent releases, BP’s Statistical Review of World Energy and the EIA’s Annual Energy Outlook , to show two contrasting themes. One chart illustrates key consumption levels, and the other illustrates […]  More »

Hungry oil field workers have a place to blow off steam

The Eagle Ford Shale boom has brought almost 50,000 workers to South Texas, and San Antonio-based caterer Don Strange of Texas is capitalizing on the demand for food with a new food and entertainment venue here as well as catering services in the oil fields.  More »

Study outlines options for shuttered Pa. refinery

A study commissioned by a suburban Philadelphia county has identified a number of possible futures for a shuttered refinery, many of them linked to the growing supply of natural gas due to the Marcellus Shale drilling boom.  More »

Natural gas prices climb as summer heats up

Natural gas futures jumped to a five-month high in New York on forecasts for hotter-than-normal weather that would boost fuel demand from power plants.  More »

Christie: No decision on banning fracking waste

Gov. Chris Christie says he hasn’t decided whether to sign a measure that bans hydraulic fracturing byproducts from other states from entering New Jersey.  More »

Column: Natural-gas cars can drive us toward a better economy

Armenia is not generally known as a world leader, but it holds at least one record: Seventy-five percent of its cars and trucks run on natural gas.  More »