State and federal regulators looking for what caused an explosion at a liquefied natural gas facility on the Washington-Oregon border began interviewing injured workers Tuesday as an evacuation order covering hundreds of nearby residents was lifted. More »
The Marcellus is starting to prove that, given time, its proximity to the East Coast makes it potentially profitable for those who got in early, according to a Moody’s report issued Tuesday. More »
A large explosion rocked a natural gas processing plant on the Washington-Oregon border Monday, injuring five workers. More »
Russia’s natural-gas export monopoly raised prices for Ukraine 44 percent after a discount deal expired, heaping financial pressure on the government in Kiev as it negotiates international bailouts. More »
Canadian oil producer Encana Corp. has agreed to sell its stake in natural gas-rich fields in Wyoming to a Texas private equity firm for $1.8 billion, the company said Monday. More »
The cold snap in the Eastern U.S. convinced hedge funds and other speculators to keep betting on rising natural gas prices, accumulating the most bullish position for this time of year since at least 2010. More »
Houston-based Hilcorp seeks to use a 1961 Pennsylvania law to drill under the property of four holdout landowners in New Bedford, near the Ohio border an hour north of Pittsburgh. The concept, known as “forced pooling,” means that people who don’t sign leases get bundled in with those who do, to make drilling more efficient and compensate all the landowners.
Houston-based Micro- Seismic uses instruments called geophones on the surface or buried underground to capture and analyze sounds from a well while it’s being fractured. The technology, called surface microseismic, allows operators to customize the fracturing while it’s in progress, improving the efficiency of the resulting hydrocarbon extraction. More »
The White House on Friday unveiled a broad strategy for curbing greenhouse gas emissions, including regulations clamping down on methane tied to oil and gas development. More »
The Houston-area got its newest compressed natural gas filling station Thursday with the opening of a new facility across the street from local beer distributor Houston Distributing Company.
Total SA plans to seek shale gas with China Petroleum & Chemical Corp. by drilling in Anhui province, moving the third-largest European oil company closer to exploiting Chinese reserves that are the world’s biggest. Total and Sinopec, as the Chinese refiner is known, will search for gas in the 4,000 square-kilometer (1,500 square mile) Xuancheng […] More »
Even though flipping a coin has better forecasting skills than the dastardly groundhog, Punxsutawney Phil has unfortunately been on the money for this winter. Despite April on deck next week there is still snow on the ground (in more places than there should be), while our dearly beloved energy commodities have seen rampant demand, receding inventories, […] More »