U.S. hydraulic fracturing (fracking) capacity utilization has fallen by almost one-third since January, and all of the major domestic plays are in a “negative frack pricing environment,” according to PacWest Consulting Partners.
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Eagle Ford Task Force Formed by Texas Regulator
Texas Railroad Commissioner David Porter has assembled an Eagle Ford Task Force charged with establishing best practices for development of the South Texas play based on input from across the industry and affected communities.
New Investment Bank Targets Alternative Energy, Cleantech
Looking to jump on the “green train” before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.
New Investment Bank Targets Alternative Energy, Cleantech
Looking to jump on the ‘green train’ before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.
LNG on West Coast Not a ‘Slam Dunk,’ Industry Experts Say
With an international audience assembled last week in Long Beach, CA, only a couple of miles from one of the proposed sites for the West Coast’s first liquefied natural gas (LNG) receiving terminals, a mixture of industry, government, consulting and consumer representatives outlined a mostly hopeful, but by no means assured, vision of LNG imports along the West Coast.
ChevronTexaco May Realize Gain on Dynegy Stock Restructuring
ChevronTexaco Corp.’s stock restructuring deal with Dynegy Inc. may help it realize a gain in its third quarter income, and also help it book an increase in the value of its Dynegy securities in its second quarter report, the company said after the Dynegy announcement last week (see related story).