Category: Natural gas

Shell to drill first wells in $10 billion Ukrainian project

The country could hold as much as 42 trillion cubic feet (1.2 trillion cubic meters) of shale gas, the third largest reserve in Europe, according to the U.S. Energy Information Administration estimate from 2011  More »

Berber militia takes western Libya oil facility

The complex is a joint venture between Libya’s National Oil Corp. and Italian oil firm Eni SpA.  More »

Cyprus, France’s Total to cooperate on gas plant

They say a facility that will liquefy gas for export to European and Asian markets will be their top priority as they try to turn a profit on any newfound offshore deposits.  More »

Panelist: Excess LNG capacity means not all projects will be built

The LNG export projects that federal regulators are considering far exceed the capacity that North America is expected to export, said Robert Stibolt, a senior managing director at broker dealer Galway Group, during an industry conference Wednesday.  More »

Community outreach can improve acceptance of new drilling operations

Drillers planning hydraulic fracturing and other activities that may prompt community opposition can benefit from up-front disclosure of their plans, panelists said at a Houston conference.  More »

Proposal would allow shale gas waste on barges

The Coast Guard is seeking public comments .  More »

Encana to cut its workforce by 20 percent

Encana will close its office in Plano, Texas, and spin off a large portion of its Alberta assets into a new public company.  More »

Southern Union must pay for RI environmental projects

U.S. District Judge Williams Smith was forced to resentence Southern Union Co. after the U.S. Supreme Court struck down his original penalty of $18 million.  More »

Growth likely as long as oil stays above $40

Oil companies are rapidly cutting their costs as they produce at higher rates in the United States, with output likely to continue growing as long as oil prices stay above $40 a barrel.  More »

Ukraine announces natural gas deal with Chevron

The Ukrainian government signed a production-sharing agreement with Chevron for extraction of shale gas in the Oleske field, Energy Minister Eduard Stavytskyi said today at a press conference in Kiev.  More »

Panama Canal’s LNG surprise will redefine trade in fuel

When the newly widened Panama Canal opens in 2015, it will handle an estimated 12 million metric tons of liquefied natural gas annually, a cargo planners didn’t even envision when starting the $5.25 billion expansion in 2007.  More »

More mineral owners seek to join gas lawsuits

Lawyers say dozens of western North Dakota mineral owners have expressed interest in joining lawsuits seeking damages from oil drilling companies for natural gas that is lost when it is burned instead of being captured as a byproduct of oil production.  More »
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