Joe Fisher

BHP Billiton Ltd. concedes that its investment in U.S. shale plays was poorly timed but wants to make a go of it with cost-cutting and increased efficiencies. Meanwhile, an activist investor targeting the Australian mining conglomerate for reform would still like to see the U.S. petroleum business jettisoned.

Exports of U.S. liquefied natural gas from the Sabine Pass terminal in Louisiana declined from February to March…

Houston-based Sanchez Production Partners LP (SPP) plans to change its name to Sanchez Midstream Partners LP as it completes its transformation to a midstream company.

During February U.S. exports of liquefied natural gas (LNG) edged up by 800 MMcf from January to reach a new high of 52 Bcf, according government data. Meanwhile, some researchers see headwinds to growing gas imports by No. 3 U.S. LNG importer China and No. 5 India.

An agreement announced Thursday between the United States and China to advance economic cooperation could have implications for liquefied natural gas (LNG) trade between the two countries.

Compared with one year ago, the U.S. land-based rig count is up 125% as drillers continue returning to their favorite shale patches. Over the same period, the U.S. offshore rig count has languished, up two units during the week ending Friday but still down by one rig from a year ago, according to Baker Hughes Inc.

Growing natural gas production from the Montney and Duvernay shales has Enbridge Inc. planning an expansion of its British Columbia Pipeline T-South system to deliver 190 MMcf/d into the Huntingdon/Sumas market at the Canadian-U.S. border.

Compared with one year ago, the U.S. land-based rig count is up 125% as drillers continue returning to their favorite shale patches. Over the same period, the U.S. offshore rig count has languished, up two units during the week ending Friday but still down by one rig from a year ago, according to Baker Hughes Inc.

Liquefied natural gas (LNG) terminal developer Tellurian Inc. has been marketing LNG from its first proposed terminal and has received “positive feedback” from prospective customers, CEO Meg Gentle said.