Carolyn Davis

Chesapeake Energy Corp.'s decision to increase its natural gas drilling in the Haynesville Shale this year may have startled some investors, but the gaggle of government approvals for proposed natural gas export facilities on the Gulf Coast may be playing right into the Oklahoma City operator's wheelhouse.

It's going to take more than colder-than-normal temperatures and record-setting demand days to knock out the U.S. natural gas industry, the Natural Gas Council (NGC) said Thursday.

Henry Goodrich, 83, chairman-emeritus of Goodrich Petroleum Corp.‘s board of directors, has died. Goodrich, who is the father of current CEO and Vice Chairman Walter G. “Gil” Goodrich, began his career in 1950 as an exploration geologist with the Union Producing Co. and McCord Oil Co. From 1971 to 1975, Goodrich was president, CEO and…

The Obama administration on Tuesday moved to clarify a rule within the Clean Water Act (CWA) that would limit pollution discharges into streams, waterways and wetlands, a proposal that is drawing ire from lawmakers and business groups, including the Senate’s Energy Committee chair.

The Arctic offshore holds a bundle of natural gas and oil prospects awaiting discovery but there is "near unanimous consensus" that the United States isn't prepared to address the changing dynamics as global commercial interest grows, Brookings Institution energy experts said Wednesday.

Operators focused on crude oil and liquids reserves growth are building warehouses of prospects for future exploration, according to Topeka Capital Markets.

The Houston Ship Channel on Tuesday reopened to limited traffic, with nearly 100 ships and boats waiting to exit or enter, the U.S. Coast Guard (USCG) reported. The waterway carries 11% of U.S. refined products to the domestic market. A ferry that operates between Galveston Island the Bolivar Peninsula also returned to normal service. The…

A fleet of oil-retrieving skimmers and other vessels, as well as close to 400 people, were working Monday in parts of the Houston Ship Channel to contain up to 400 bbl (168,000 gallons) of heavy oil that spilled following a collision Saturday between an oil barge and cargo ship. The ship channel, one of the world's busiest waterways to move petrochemicals, could be closed partially to import and export traffic for a week or more.

With the over-the-top winter playing havoc on natural gas prices and storage, higher prices are needed to encourage more drilling and induce utilities to switch to coal for inventories to refill adequately, analysts said Monday.