Category: Natural gas

Libyan oil production expected to ramp up faster

Oil production in Libya should ramp up faster than previously forecast, the International Energy Agency said today, but the North African country still won’t be at full capacity at the end of next year.  More »

Baker Hughes plans to hire about 2,000 workers in 2011

Bakers Hughes Inc. plans to hire about 2,000 workers in the U.S. this year and “several thousand” in other nations, a spokeswoman said.  More »

Much-needed housing is set for Kenedy

A San Antonio-area developer has purchased 166 acres in Kenedy for a project to help fill the desperate need for housing for oil field workers in the Eagle Ford shale.  More »

Shell, UT to study better shale production method

Shell Oil has donated $7.5 million to establish a University of Texas study of ways to make extraction of oil and gas from shale and other tight formations safer, more efficient and cleaner.  More »

Official: Congress must weigh in on pipeline safety

Congress should reauthorize funding for pipeline safety programs to put its mark how the U.S. government develops new regulations, an official at the country’s largest pipeline trade group said today.  More »

Study: Natural gas won’t slow down climate change

Relying more on natural gas and less on coal would do “little” to slow down global warming despite far less carbon dioxide being released, a new study found.  More »

Norwegian giant in it for the long haul with Texas shale venture

Helge Lund, CEO of Norway’s Statoil, likes to say his company is more than just a financial investor in shale gas fields in the U.S., and he made that abundantly clear one morning last week.  More »

Report: Wildfires weaken natural gas demand in Texas

Wildfires, fed by a historic drought, have so far spared oil and gas operations in East Texas, Louisiana and Oklahoma, but they’ve had another impact on the energy sector: a drop in natural gas consumption.  More »

BLM to initiate rulemaking on oil, gas provision

The Interior Department will propose a rule setting guidelines for issuing environmental-review waivers for applications to drill for oil and gas on public lands, after a judge tossed out previous Obama administration rules for procedural reasons.  More »

Univ. of Miss. leads team to study Gulf oil spill

The University of Mississippi and the University of Southern Mississippi will lead one of eight large research teams participating in a $112.5 million project to learn how the Gulf of Mexico has fared since the 2010 BP oil spill.  More »

Workers from U.S. energy firms missing in Mexican waters *update*

Ten workers who left a storm-tossed vessel in Gulf of Mexico in a life raft have been missing since Thursday afternoon.  More »

Offshore drilling agency about to split in two

The federal agency that oversees offshore drilling is about to get its final shake-up – with the last stages of a broad, 17-month-long reorganization concluding when the Bureau of Ocean Energy, Management, Regulation and Enforcement is divided into two separate entities on Oct. 1.  More »