Chesapeake could face tough choice to close budget gap
Chesapeake Energy faces a $3.9 billion shortfall between cash it expects to raise for the rest of the year and what it needs for new drilling and debt, according to a Chronicle analysis. More »
More Chesapeake investors raising concerns
The New York City Comptroller on Thursday joined a list of investors who have expressed serious concern about embattled Chesapeake Energy Corp. CEO Aubrey McClendon and his leadership style during a week when the company’s market value has fallen more than $1 billion. The comptroller, John Liu, sent a letter to shareholders on behalf of [...] More »
Amid adversity, Chesapeake offers daily tweet-spiration
[View the story "Tweeting inspiration" on Storify]
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Excelerate Energy plans natural gas export vessel for Gulf Coast
The Woodlands-based Excelerate Energy says it is developing the nation’s first floating liquefaction facility, to locate in Port Lavaca. More »
Experts deliver another round of Eagle Ford bullishness
The development of the Eagle Ford shale continues to prompt dazzling assessments and predictions from experts, who said at an energy symposium Wednesday that in four years, the oil-rich formation could become the nation’s second-most productive shale play. More »
Vt. becomes 1st state to ban hydraulic fracturing
Gov. Peter Shumlin on Wednesday signed into law the nation’s first ban on a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground. More »
Chesapeake’s employees may be hit hardest by stock’s plunge
Thousands of the embattled natural gas company’s employees have their retirement tied up in Chesapeake stock. More »
Total says leak on North Sea platform stopped
French energy company Total says a gas leak on a North Sea platform has been stopped after a 12-hour operation to pump heavy mud into a well. More »
Taxpayers pay as fracking trucks overwhelm rural cow paths
When natural-gas drillers arrived in Wetzel County, West Virginia, resident Bill Hughes, a retired electrician, saw the benefits of producing a fuel that burns cleaner than coal. Then oversize trucks hauling drilling supplies began tearing up local roads, creating hazardous conditions. More »
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 »
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