Category: Natural gas

Survey: Parties differ on climate, energy policies

A majority of self-identified Tea Partiers reject global warming and members are far more likely than the rest of Americans to oppose energy policies to address climate change, a new Yale University survey found.  More »

Hess spends $750 million for second Utica stake buy

Hess Corp. bought Marquette Exploration LLC and other leases in Ohio’s Utica shale formation for $750 million in cash, one day after entering the field through a joint venture with Consol Energy Inc.  More »

Tropical Storm Nate forecast to strengthen today

Tropical Storm Nate, one of three active weather systems in the Atlantic basin, was forecast to grow stronger today in Mexico’s Bay of Campeche, the National Hurricane Center said.  More »

Republican says Arctic drilling can help cut deficit

The congressional super committee searching for ways to pare at least $1.2 trillion from the federal deficit should open up the Arctic National Wildlife Refuge for oil and gas drilling instead of increasing taxes, a top House Republican said Wednesday.  More »

Consol sells Utica Shale rights in Ohio to Hess Corp. for $593M

Consol Energy Inc. says it’s sold Utica Shale gas exploration and development rights in Ohio to Hess Corp. for $593 million.  More »

Halliburton CFO: New frac fluid “tastes like beer”

Halliburton CFO Mark McCollum did something most sane people would be reluctant to do – he took a swing of fracking fluid a few weeks ago.  More »

NY regulators: Marcellus could generate 55K jobs

Natural gas production in New York’s part of the Marcellus Shale could bring up to 24,795 full time drilling-related jobs and more than 29,000 jobs in other parts of the economy, according to an environmental and economic impact study released today by the Department of Environmental Conservation.  More »

Chespeake CEO calls anti-drilling critics “extremists”

Chesapeake Energy CEO Aubrey McClendon called shale gas drilling critics “extremists” engaged in “unfettered fear-mongering” who want Americans to live in a world where “it’s cold, it’s dark and we’re all hungry” at an industry conference in Philadelphia today.  More »

Katia churns in the Atlantic as storm brews in the Gulf

Hurricane Katia churned across Atlantic waters between the U.S. East Coast and Bermuda while a storm in Mexico’s Bay of Campeche has a 60 percent chance of growing into a cyclone, the National Hurricane Center said.  More »

NY to release drilling environmental study today

The state Department of Environmental Conservation says an updated version of its environmental impact study on natural gas production in the Marcellus Shale region is ready to be released for public comment.  More »

Ohio opponents to seek moratorium on gas drilling

Ohio is the latest state where opponents are pushing a ban on a form of drilling that injects chemicals into shale to release natural gas.  More »

Marcellus Shale conference to open in Philly

Energy executives and elected officials are gathering in Philadelphia this week for a major conference on natural gas drilling.  More »