Category: Natural gas

Anti-fracking laws in New York towns upheld on appeal

Anti-fracking laws passed in two New York towns were upheld by an appeals court, which rejected arguments by a dairy farm and a Norwegian energy company that the bans are superceded by state law.  More »

Natural gas tumbles most in nine months after stockpile increase

Natural gas futures dropped the most in nine months in New York after a government report showed that U.S. stockpiles expanded by more than forecast.  More »

Chesapeake registers a profit, despite troubles

Chesapeake Energy Corp. boosted production and reported better-than-expected earnings for the first quarter, despite continued struggles with debt.  More »

NM county ordinance bans oil, gas development

A sparsely populated county in northern New Mexico has taken aim at the oil and natural gas industry, approving an ordinance that outlaws the extraction of the natural resources and puts the county’s decision-making rights ahead of business interests and federal and state permits.  More »

India Group said top bid for $6 billion Mozambique gas

State-backed Oil & Natural Gas Corp. (ONGC) and Oil India Ltd. (OINL) are the leading joint bidders for the stake in a Mozambique gas field being sold by Anadarko Petroleum Corp. (APC) and Videocon Industries Ltd. (VCLF), three people with knowledge of the discussions said.  More »

Companies driven toward natural gas vehicles as oil soars

For AT&T Inc. (T), the decision to introduce natural gas vehicles to the company’s fleet in 2008 proved well-timed, as the price gap between gas and diesel soared to an all-time high that summer.  More »

Surge in US natural gas pushes other countries to diversify (video)

The shale gale that has put the United States on track to soon be a net exporter of natural gas also is shaking up the international market for the fossil fuel, forcing Trinidad and Tobago to adapt by selling more of its supplies to Europe and Asia.  More »

Guest Commentary: It’s time to export US natural gas

In response to arguments that exporting U.S. natural gas will hurt manufacturing, Bill Cooper, president of the Center for Liquefied Natural Gas, argues that economic studies on the subject show that exports will have minimal effect on the commodity’s domestic price.  More »

EPA lowered estimates of methane leaks during natural gas production

The Environmental Protection Agency has dramatically lowered its estimate of how much of a potent heat-trapping gas leaks during natural gas production, in a shift with major implications for a debate that has divided environmentalists: Does the recent boom in hydraulic fracturing help or hurt the fight against climate change?  More »

GOP House members target Obama administration’s fracking oversight

While championing the benefits of new energy extraction methods, Republican House members accused energy oversight agencies of research that misled the public on environmental and health risks.  More »

Consultants’ role in NY drilling study questioned

Government watchdog Common Cause and 11 environmental groups raised more questions about the role of gas industry-associated consultants in the state’s environmental impact study of shale gas drilling and fracking.  More »

U.K. fracking may not reduce domestic gas prices, report shows

Developing shale gas in the U.K. may not lead to lower prices as witnessed in the U.S. because of rising demand for the fuel globally, according to a report by the House of Commons Energy and Climate Change Committee.  More »
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