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The value of global oil and gas deals reached $85 billion during 3Q2010, but U.S. shale gas deals in the quarter lost the momentum from the first half of the year, according to a survey by Evaluate Energy Inc., which tracks global merger and acquisition (M&A) activity on a daily basis.

With a dozen tropical storms already named this year, WSI Corp. forecasters say they expect a total of 18 named storms, including 10 hurricanes, six of them intense (Category 3 or stronger), to form before the 2010 Atlantic hurricane season ends Nov. 30.

Marcellus Shale producers in Pennsylvania would have to report wastewater produced from their wells — including fluids from hydraulic fracturing operations — to state regulators under legislation that cleared a state House committee Tuesday.

Already winning state utility support and approval as a three-phase research effort, the 250 MW Hydrogen Energy California (HECA) project won an initial thumbs up from the California Energy Commission (CEC) staff in the first of a two-part preliminary assessment released the end of August. The project, which enjoys backing from some global energy giants, is slated for a site near the oil and gas fields of the southern end of California’s central valley near Bakersfield.

Already winning state utility support and approval as a three-phase research effort, a 250 MW Hydrogen Energy California (HECA) project won an initial thumbs up from the California Energy Commission (CEC) staff in the first of a two-part preliminary assessment released Tuesday. The project that enjoys backing from some global energy giants is slated for a site near the oil/gas fields of the southern end of California’s central valley near Bakersfield.

Cost pressures, which in some areas already have begun to intensify, should help U.S. natural gas prices recover over the next few years to between $6.50/MMBtu and $7/MMBtu, an energy analyst said Wednesday.

The “shale gale” that has swept across the United States and into Canada already has more than doubled the size of discovered natural gas resources in North America and is enough to satisfy more than 100 years of consumption at current rates, according to a study by IHS Cambridge Energy Research Associates (CERA).

The “shale gale” that has swept across the United States and into Canada already has more than doubled the size of discovered natural gas resources in North America and is enough to satisfy more than 100 years of consumption at current rates, according to a new study by IHS Cambridge Energy Research Associates (CERA).

The “shale gale” that has swept across the United States and into Canada already has more than doubled the size of discovered natural gas resources in North America and is enough to satisfy more than 100 years of consumption at current rates, according to a new study by IHS Cambridge Energy Research Associates (CERA).