National Oilwell Varco Inc. (NOV) CEO Pete Miller believes a slump in North American onshore drilling will continue through this year, but offshore activity is strong, and international activity is high on his radar, particularly in China.
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NOV’s Miller: Buckle Your Seat Belts, Keep Your Eyes On China
National Oilwell Varco Inc. (NOV) CEO Pete Miller believes a slump in North American onshore drilling will continue through this year, but the international energy equipment business is high on his radar, particularly in China.
Credit Suisse Predicts Gas Prices Will Rise in 2013
Forecasting a decline in production setting in during 2013, Credit Suisse’s head of energy commodities research believes North American natural gas prices are due for a rebound from 2012 levels.
Credit Suisse Predicts Gas Prices Will Rise in 2013
Forecasting a decline in production setting in during 2013, Credit Suisse’s head of energy commodities research believes North American natural gas prices are due for a rebound from 2012 levels.
Unconventional Gas to Dominate North American Supply by 2040, ExxonMobil Says
By 2025 natural gas is expected to overtake coal as the second most used fuel worldwide and North America will have transitioned to become a net energy exporter, while by 2040 global energy demand will have increased by almost 35% from 2010 levels, according to ExxonMobil Corp.’s Outlook for Energy: A View to 2040, which wasreleased Tuesday.
Colorado Stakeholders Support Groundwater Test Solution
Colorado stakeholders in an ongoing voluntary water testing program related to oil and natural gas extraction activity support a statewide mandatory program, they said earlier this month, two days after the state government held its first public hearing on a proposed baseline groundwater monitoring program.
Range COO’s Predictions: U.S. Exports of LNG, Huge NatGas Reserves
An official with Range Resources Corp. said he believes the federal government will eventually allow the export of liquefied natural gas (LNG) but cautioned that the industry shouldn’t be complacent and just assume exports will be approved.
Range COO Predicts LNG Exports
A Range Resources Corp. executive said last week he believes the federal government will eventually allow liquefied natural gas (LNG) to be exported but cautioned that the industry shouldn’t be complacent and assume it will be so.
Pennsylvania’s Rendell Supports Delaware Basin Moratorium
Former Pennsylvania Gov. Ed Rendell recently said in Philadelphia he believes hydraulic fracturing (fracking) can be done safely, but said he supports the de facto moratorium on drilling in the Delaware River Basin and would back a genuine one.
Former Pennsylvania Governor Backs Delaware River Basin Moratorium
Former Pennsylvania Gov. Ed Rendell told attendees of a Philadelphia clean energy conference that he believes hydraulic fracturing (fracking) can be done safely, but added that he supports the de facto moratorium on drilling in the Delaware River Basin and would even back a genuine one.