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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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.
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.
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.
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.
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.