A survey of energy executives by audit and advisory firm KPMG found most respondents see the U.S. reaching energy independence by 2050.
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Anadarko’s Golfinho exploration well hit more than 193 net feet of natural gas pay offshore Mozambique, the company announced Tuesday.
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Posted on May 15, 2012 at 8:35 am by Houston Chronicle in
Natural Gas,
Oil,
Pipelines |
With oil production on the rise in Texas, drilling companies are increasingly burning off the natural gas that surfaces with the oil because they can’t get pipelines in place fast enough to transport it.
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Posted on May 15, 2012 at 8:19 am by Loren Steffy in
General,
Natural Gas |
An oil industry exemption from highway safety rules needs to be re-examined. It’s putting not just the oilfield workers at risk but the driving public as well.
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Posted on May 15, 2012 at 7:05 am by Simone Sebastian in
Natural Gas,
Offshore,
Oil |
Former investment banker Al Walker on Tuesday takes the helm of Anadarko, one of the world’s largest independent oil and gas producers, succeeding a chief executive credited with building one of the industry’s most attractive exploration portfolios.
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Posted on May 15, 2012 at 7:00 am by Emily Pickrell in
Earnings,
Economics,
Natural Gas |
A $3 billion loan late Friday and assurances from Chesapeake Energy Corp. executives Monday morning did little to assuage concerns by analysts and investors about the embattled natural gas company’s finances.
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Posted on May 15, 2012 at 6:43 am by Bloomberg in
Australia,
Natural Gas,
Shale |
ConocoPhillips (COP), the third-largest U.S. oil company, said it’s interested in further shale investments in Australia following a partnership last year with Perth-based New Standard Energy Ltd.
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Posted on May 15, 2012 at 6:38 am by Associated Press in
Natural Gas,
Oil |
North Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas.
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Posted on May 14, 2012 at 12:39 pm by Loren Steffy in
General,
Natural Gas |
The activist investor may see embattled Chesapeake as more than just a passive investment.
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Posted on May 14, 2012 at 7:54 am by Loren Steffy in
Corporate governance,
Natural Gas |
Given all the disclosures bombarding Chesapeake Energy investors in recent weeks, basketball may be the farthest thing from their minds, but the company’s liabilities extend, literally, in the arena of professional sports.
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Posted on May 14, 2012 at 7:51 am by Associated Press in
Drilling,
Natural Gas |
With all the restrictions in proposed state regulations and local bans, gas companies say about half of their lease holdings in the lucrative Marcellus Shale region in New York state will be off-limits or inaccessible to drilling if the state gives the green light to developers this year.
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Posted on May 14, 2012 at 6:32 am by Associated Press in
Drilling,
Natural Gas |
It’s not a festival or the 19th century architecture that’s drawing the late-model cars from Texas, Oklahoma, Louisiana and Pennsylvania to the downtown square in this tiny, southern Illinois community.
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