The state of Alaska last week took the next step toward going it alone to find out how much oil and gas lies beneath the Arctic National Wildlife Refuge (ANWR) after an offer to partner with the federal government on the effort was rebuffed by the U.S. Department of Interior (DOI).
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Shale Could Add 250,000 Jobs in Pennsylvania
Shale development could realistically contribute a 3% annual increase in jobs in Pennsylvania through the remainder of the decade, according to research from Wells Fargo Securities LLC.
Chevron Considers More Shale — On Its Terms
Chevron Corp. plans to continue to make acquisitions in unconventional plays around the world but the company likely will go it alone when it does, CEO John Watson said Friday.
Chevron Likes Shale but Is Focused on Value, Says CEO
Chevron Corp. plans to continue to make acquisitions in unconventional plays around the world but the company likely will go it alone when it does, CEO John Watson said Friday.
California Environmentalists Sue BLM to Prevent Fracking
Two environmental groups in California have sued the federal Bureau of Land Management (BLM) to prevent the use of hydraulic fracturing (fracking) in the Monterey Shale play in north-central parts of the state.
Delta Airlines Has Marcellus on Radar
Marcellus Shale development in northeast Pennsylvania is spurring Delta Airlines Inc. to add one daily flight and upgrade another to help accommodate more travelers to the region.
Williams to Spin Off E&P Business by Year’s End
Weakness in the equity markets has forced Williams to revamp a plan that will create two stand-alone publicly traded companies from its exploration and production (E&P) business and natural gas pipeline unit, the Tulsa -based company said Tuesday.
Halliburton Sees No Slowdown in North America’s Onshore
In terms of oilfield services supply and demand conditions, Halliburton Co. CEO Dave Lesar sees the U.S. unconventional basins in black-and-white terms: oversupplied, undersupplied or neutral.
Shell, Ukraine Said Close on Shale Development Deal
Royal Dutch Shell plc and Ukraine’s state-owned oil company Naftogaz Ukrainy appear poised to clinch a deal to develop and explore shale gas in the eastern European country, with Shell initially investing about $800 million for exploration and production (E&P), according to a top Ukrainian official.
Partner Search Fizzles for National Fuel Gas
National Fuel Gas Co. (NFG) will continue to go it alone in the Marcellus Shale, the company said during a quarterly earnings call last Friday.