Chairman

Delaware River Basin Commission (DRBC) Chairman Michele Sierkerka said the organization is working to advance natural gas regulations in the basin, with “thousands of hours” logged so far by its staff and those of its member states on the process since November 2011.

Sen Ron Wyden (D-OR), chairman of the Senate Energy and Natural Resources Committee, last week called on the Department of Energy (DOE) to update its application process for liquefied natural gas (LNG) exports to reflect the country’s shale revolution, and to ensure that the United States obtains the “greatest benefit” from this national asset.

Sen Ron Wyden (D-OR), chairman of the Senate Energy and Natural Resources Committee, Tuesday called on the Department of Energy (DOE) to update its application process for exports of liquefied natural gas (LNG) to reflect the country’s shale revolution, and to ensure that the United States obtains the “greatest benefit” from this national asset.

Sen. Ron Wyden (D-OR), chairman of the Senate Energy and Natural Resources Committee, may offer legislation to promote natural gas after his panel has completed its trio of gas forums this month, a spokesman for the committee told NGI.

Sen. Ron Wyden (D-OR), chairman of the Senate Energy and Natural Resources Committee, may consider legislation to promote natural gas after his panel has completed its trio of gas forums this month, a spokesman for the committee told NGI.

Shares of EOG Resources Inc. rose sharply on Tuesday after the company reported a nearly 53% increase in net income for the first quarter of 2013, gains due in large part to hefty growth in crude oil production from the Eagle Ford Shale.

Officials with the Pennsylvania Department of Conservation and Natural Resources (DCNR) will participate in an online forum this week to discuss potential Marcellus Shale gas drilling in the Loyalsock State Forest.

Shareholders once again are urging ExxonMobil Corp. to report how its natural gas operations in shale formations impact the environment. The oil major once again is recommending the proposal be defeated.

Gazprom Chairman Alexey Miller and China National Petroleum Corp. (CNPC) President Zhou Jiping signed a memorandum of understanding for the companies to cooperate on a project to send natural gas to China via an eastern route pipeline. “The signed document is of long-term strategic nature; it determines the parameters of Russian natural gas supplies to China via the eastern route and establishes the framework for a 30-year contract for gas supplies from Russia to China,” Miller said. CNPC is the largest state-owned petroleum company in China. Gazprom and CNPC signed an agreement of strategic cooperation in 2004 that covers consideration of supplying Russian gas to China. Opportunities are also being explored for joint gas processing and gas chemical projects in eastern Russia and in other countries, Gazprom said (see Daily GPI, March 15).