Category: Natural gas

Piping Tamar gas to Egypt may boost another Israeli site

A deal to pipe natural gas from Israel’s Tamar gas field to Egypt may spur development of a larger reserve nearby, benefiting partners in both discoveries.  More »

Eygptian gas deal may spur more Israeli offshore development

A deal to pipe natural gas from Israel’s Tamar gas field to Egypt may spur development of a larger reserve nearby, benefiting partners, including Houston’s Noble Energy, in both discoveries.  More »

Calif. county considers fracturing ban

For the past several months, Santa Barbara County Water Guardians have worked to collect enough signatures to propose a ban on hydraulic fracturing.  More »

Oil tax incentive change part of Oklahoma budget debate

The Legislature this year also has yet to reach an agreement on a generous tax incentive currently in place for horizontally drilled wells that reduces the tax from its regular rate of 7 percent to 1 percent.  More »

Oil rises on U.S. housing data, Ukraine tensions

Oil gained 2 percent for the week.  More »

Energy rigs in U.S. climb to tie highest count since 2012

Rigs targeting oil and natural gas in the U.S. increased this week, tying a 20-month high, as energy producers used a record number of horizontally drilling ones to reach deposits in shale formations in the middle of the country.  More »

Chesapeake to garner $4 billion from sales, spin off

Chesapeake Energy is planning to collect $4 billion this year after it hawks assets in Texas, Pennsylvania and Oklahoma and spins off its U.S. fleet of walking rigs, the company said Friday.  More »

Commentary: Alaska voters hold the key to North Slope

Commentary: As political shenanigans continue to delay approval of the Keystone XL pipeline, Alaskan voters hold the key to avoiding a similar fate for what could be North America’s largest pipeline project.  More »

Saudi gas reserves up as Aramco taps new shale deposits

Saudi Arabia’s natural gas reserves rose last year as it explored for the fuel in the Red Sea and tapped shale gas to free more crude oil for export, according to the kingdom’s state-run oil company.  More »

Oil rises on renewed Ukraine tensions

The gains came in the wake of a warning from Russian President Vladimir Putin that his country wouldn’t deliver gas to Ukraine unless it receives payment in advance, part of a dispute over an unpaid energy bill.  More »

Mexico’s energy reform could take a bite out of US shale-gas sellers, EIA chief says

A top U.S. energy official said Thursday he’d like to get together with Mexican authorities and pour over natural gas production forecasts to understand how much Mexico’s energy reform may set back U.S. shale-gas sellers.  More »

Oil below $102 on weak U.S. economic data

Oil slipped after the Federal Reserve said Thursday that U.S. industrial production dropped in April.  More »
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