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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.
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 […]
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.
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.
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.
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.
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.
BP was running a pigging device through a pipeline feeding gas into a compressor station in Colorado when an explosion occurred yesterday, killing one contract worker and injuring two others.
Shares in Chesapeake Energy Corp. continued their fall today, a day after a report that the embattled natural gas producer was colluding with a rival to depress land prices.
BP plans to sell two of its properties in Wyoming to LINN Energy for $1.025 billion in cash, it announced today.