U.S. exports could prevent India from getting supplies from Iran and give European buyers leverage on their Russian pipeline purchases, a subcommittee of the House Foreign Affairs Committee was told.
Articles from Because
The New York oil and natural gas industry is “imperiled” and “in crisis” because of the ongoing delay over whether to allow hydraulic fracturing (fracking) in horizontal drilling, according to a recent letter sent to Gov. Andrew Cuomo by the Independent Oil & Gas Association of New York (IOGA).
Subsidiaries of Kinder Morgan Inc. (KMI) propelled the company to big profits during the first quarter of 2013, allowing it to raise its quarterly dividend 19% and aligning it for more than $12 billion of expansion and joint venture (JV) projects across North America.
There is still too much “scientific uncertainty” surrounding hydraulic fracturing’s (fracking) impact on water supply, and because of this regulators and operators need to be more transparent and accountable, according to a University of California, Berkeley, report that was released last Thursday.
President Obama’s request for a spending increase for the Commodity Futures Trading Commission (CFTC) in fiscal year (FY) 2014 is warranted because of the expanded role of the agency in regulating the futures and swaps markets, Chairman Gary Gensler told a House panel Friday. But Commissioner Scott O’Malia argued the agency failed to make a case for a budget hike.
ConocoPhillips, the largest operator in the San Juan Basin, is temporarily suspending its natural gas drilling in the Four Corners region because of low gas prices, a spokesman said Thursday.
Wyoming Gov. Matt Mead laid down the gauntlet Tuesday to a proposal by the U.S. Interior Department to withhold payment of mineral revenues to his state because of federal sequestration. Wyoming is faced with not receiving more than $53 million due this month through July.
Bismarck, ND-based MDU Resources Group is aligning its utility, construction, midstream infrastructure and exploration/production (E&P) businesses so each one profits and grows with the continuing hydrocarbon boom in the Bakken, the MDU senior executives emphasized in a half-day financial analysts meeting Thursday in New York City.
Portions of the Susquehanna River Valley aquifer in an area of New York that overlies the Marcellus and Utica shales are among the most favorable for potential large-scale groundwater supply, according to a U.S. Geological Survey (USGS) study.
Officials in Robinson Township, PA, told leaseholders that they were welcome to contact Range Resources Corp. and try to convince the company to reapply for two Marcellus Shale drilling permits the township denied in February.