Tag: gas

Methane leaks from city pipes have dropped sharply, study finds

The research suggests that advancements in equipment and better maintenance are helping drive down emissions of the potent heat-trapping gas.  More »

Cheap Brent adds risk to planned LNG investments

As oil prices have fallen, so has the margin export projects hope to capture by selling cheaper U.S. gas onto the global markets.  More »

Guest commentary: dealing with low energy prices

Many Texans have seen this movie before, and some of us have seen it several times. Until the commodity cycle turns, as it always does, refocus on the basic blocking and tackling of running a business. Take protective measures to guard against avoidable losses.  More »

U.K. lawmakers urge fracking moratorium

Hydraulic fracturing in shale for oil and gas should be put on hold in the U.K. because of risks to public health and the environment, a panel of lawmakers said.  More »

Energy CEO: No need to spend capital until service costs come down

The CEO of U.S. oil explorer Magnum Hunter Resources Corp. told investors Friday the company won’t spend any more money on drilling or hydraulic fracturing until oil-field service costs come down.  More »

Rig count falls as oil prices continue slide

A new report showed that producers had slowed the pace of drilling for oil as the commodity fell further fell further $60 per barrel on Friday.  More »

Oil prices not hitting petrochemical plant expansions

The same drilling bonanza that bestowed the chemical industry with cheap feedstock also flooded the world market with oil and gas at a time when the global demand for such products has started to flatten.  More »

McClendon venture raises $500 million for mineral rights

McClendon doesn’t appear to be slowing down his new venture even as oil prices have sunk below $75 a barrel.  More »

Former NSA chief: Congress must pass cyber laws to protect energy, finance

More than half of the 200 or so cyber-attacks reported to the Department of Homeland Security’s industrial control systems emergency response team have targeted energy companies, and and economic espionage cases have more than doubled in the last 18 months.  More »

Ukraine, Moscow clinch deal on Russian natural gas supply

Moscow and Kiev on Thursday clinched a multi-billion dollar deal that will guarantee that Russian gas exports flow into Ukraine and beyond to the European Union throughout the winter despite their intense rivalry over the fighting in eastern Ukraine.  More »

Who sets gas prices? Look to London, not US, report says

The government’s top energy analysts weighed into the debate on exporting crude Thursday, releasing a study asserting that the cost of gasoline inside the United States is closely tied to the price of international crudes, not domestic oil.  More »

Blackfeet urge government to cancel energy leases

Blackfoot tribal leaders from Canada and Montana are calling on the U.S. government to cancel oil and gas leases on sacred land near Glacier National Park, as a lawsuit works its way through the federal courts.  More »

Shell makes deepwater gas discovery in Gabon

Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.  More »

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »

Guest Commentary: Anticipating the risks of oil and gas trucking

More shippers are exploring trucking as a way to move their products to diverse markets, but risk of spills are high.  More »
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