Chance

With almost 10 weeks of the 2014 Atlantic hurricane season gone by and only two named storms having formed, the National Oceanic and Atmospheric Administration (NOAA) on Thursday said it is more likely than ever that tropical activity this year will remain below normal.

A wide variety of outcomes are possible when contemplating the likelihood that an oil or natural gas injection well could increase the chance of seismic activity, including the possibility of not operating the well at all, according to a draft report by a U.S. Environmental Protection Agency’s (EPA) workgroup.

A wide variety of outcomes are possible when contemplating the likelihood that an oil or natural gas injection well could increase the chance of seismic activity, including the possibility of not operating the well at all, according to a draft report by a U.S. Environmental Protection Agency’s (EPA) workgroup.

The House Friday passed legislation that would open more federal waters to oil and natural gas exploration and production, but the bill has next to no chance of advancing in the Senate and being signed into law by President Obama.

Cash market prices on average fell 4 cents Tuesday as a handful of points showing gains of a few pennies had no chance of offsetting a broad and pervasive decline.

There’s hardly a place in the world more attractive today to petrochemical investment dollars than North America, an IHS Chemical executive said Tuesday.

“There are no scenarios that I see where anything is going to stop [the United States] from reaping the benefits of unconventional energy resources,” a Houston-based energy attorney said.

The increased role of global players and the use of long-term contracts may bring more stability to North America’s natural gas market and offer a chance for a balanced market before the end of the decade, according to consulting firm A.T. Kearney.

The increased role of global players and the use of long-term contracts may bring more stability to North America’s natural gas market and offer a chance for a balanced market before the end of the decade, according to consulting firm A.T. Kearney.