Category: Production

NiSource joins utility trend in forming MLP

NiSource has announced plans to spend about $8 billion to $10 billion over the next five to 10 years to expand and upgrade pipelines serving the Marcellus and Utica shale formations.  More »

Panel: Don’t expect high natural gas prices any time soon

Panelists at a Houston energy forum said natural gas prices are likely to stay at relatively low prices because of the surge in production from shale.  More »

Total announces plans to sell $10 billion in assets by 2017

French energy giant Total SA will sell $10 billion of assets from 2015 to 2017, the company announced at an event for analysts Monday, as part of a broader strategy designed to promote financial discipline within the company.  More »

Drillers can return to fight oil slump after Scotland’s ‘No’

After the failure of a referendum on Scottish independence, Shell and BP say they’ll continue working to combat an energy slump in the United Kingdom.  More »

Chevron first energy giant to meet new sustainable shale standards

The Center for Sustainable Shale said Thursday that Chevron Corp. is the first energy company to pass a review of 22 production sites in Pennsylvania, Ohio and West Virginia.  More »

N. Dakota needs $800 million for housing, schools in wake of oil boom, state GOP says

North Dakota Republicans have put forward a plan to spend millions on rising problems in the wake of the oil boom in the state and the population increase that has resulted.  More »

Continental Resources appoints new president to replace Bott

Jack Stark replaces outgoing W.F. “Rick” Bott, who resigned Sept. 11.  More »

U.S. expands Russian sanctions

The U.S. expanded sanctions against Russia to include the country’s largest bank, OAO Sberbank, energy companies as well as five state-owned defense and technology companies.  More »

OPEC cuts demand outlook by most in three years on shale

The change implies that OPEC’s 12 members would need to cut output by about 1.1 million barrels a day from the 30.3 million they produced in August.  More »

NRG may expand carbon capture plans

NRG is installing technology at the W.A. Parish plant to capture carbon dioxide before it is emitted into the atmosphere.  More »

Water resources a problem for energy extraction worldwide, report finds

According to the analysis by the World Resources Institute, 38 percent of the earth’s shale gas and tight oil resources are in areas that are either arid or under high levels of water stress already _ a scenario that does not mesh with the high water demands of today’s extraction techniques.  More »

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »
Page 1 of 2112345...1020...Last »