Exterran Partners plans to spend $135 million to buy another round of Chesapeake Energy’s midstream compression units, equipment used to push freshly extracted natural gas into pipelines. More »
The Laredo-based nonprofit Rio Grande International Study Center and the Environmental Defense Fund plan five free workshops in the Eagle Ford Shale region to teach residents and workers what to do if they have concerns about oil and gas development. More »
he U.S. Commerce Department set duties from 9.89 percent to 15.75 percent on Korean pipe, which is used in oil drilling, according to a fact sheet released today by the agency. Last year, pipe worth $818 million was exported to the U.S. from South Korea. More »
A Houston-based startup aiming to export U.S. liquefied natural gas is planning to sell itself to power generator Exelon Corp., the firm’s founder confirmed Friday. More »
U.S. crude for August delivery fell $2.10 cents to close at $100.83 a barrel. More »
Policymakers are trying to figure out how to measure consumer natural gas fuels. More »
Crude for August delivery gained 64 cents to $102.93 a barrel. More »
East Texas-based Navasota Energy plans to build natural-gas fired “peaking” units in Guadalupe and Wilson counties capable of quickly sending power to the Texas grid at times of heavy demand. More »
More than a year after a compromise paved the way for high-volume oil and gas extraction in Illinois, the agency in charge of overseeing the practice has hired just four of 53 new employees it says it needs as it continues working to complete rules drillers must follow. More »
The prolonged drop could lead to lower gasoline prices for U.S. drivers in the weeks ahead. More »
Two private equity firms will combine their energy assets to form a new oil and gas operator that will have a big presence in the Barnett Shale. More »
Oil has been falling steadily since it hit a 10-month closing high of $107.26 on June 20 as the Iraqi government has slowly re-established stability.
A wave of gas-to-liquids investments and other U.S. industrial projects will likely boost demand for natural gas by 19 to 31 percent through the end of the decade, a new study shows. More »
A clutch of countries is breaking ranks with the EU’s efforts to put economic and diplomatic pressure on Russia over Ukraine and building a pipeline meant to carry huge amounts of Russian gas to their doorstep More »
A fund managed by Macquarie Group Ltd. agreed to take full control of a U.S. bulk liquid terminals operation for $1.03 billion in cash and stock as Australia’s largest investment bank expands its North American businesses.