Clarity

Chesapeake Energy Corp.’s stock price jumped on Monday after the company secured a $3 billion term loan and CEO Aubrey McClendon expressed confidence in the company’s ability to complete planned property sales this year to bridge an estimated $10 billion funding gap. In addition, an estimated $1 billion volumetric production payment (VPP) in the Eagle Ford Shale has been sidelined in favor of more noncore asset sales.

The Maryland House of Delegates passed two Marcellus Shale regulatory bills on Saturday, adding clarity to how lawmakers expect the Maryland Department of the Environment (MDE) to regulate oil and natural gas operators, as well as several aspects of their drilling activities.

Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.

Only a few quarterly earnings reports from the exploration and production (E&P) sector to date have been unveiled, but more clarity about Gulf of Mexico (GOM) activity and the strength of natural gas drilling onshore is sure to come this week when the largest U.S. majors and some of the biggest independent E&Ps unveil their profit numbers.

A lack of clarity in the “categorical exclusions” portion of the Energy Policy Act of 2005 (EPAct) led many Bureau of Land Management (BLM) field offices to, among other things, erroneously use single decision documents to approve multiple natural gas and oil wells, the Government Accounting Office (GAO) said in a report issued last week.

A lack of clarity in the “categorical exclusions” portion of the Energy Policy Act of 2005 (EPAct) led many Bureau of Land Management (BLM) field offices to, among other things, erroneously use single decision documents to approve multiple natural gas and oil wells, the Government Accounting Office (GAO) said in a report issued Wednesday.

A liquefied natural gas (LNG) liquefaction facility planned for Alaska’s North Slope will have to wait for more clarity on the future of competing gas pipeline proposals in the region, the CEO of Fairbanks Natural Gas LLC (FNG) said.

A liquefied natural gas (LNG) liquefaction facility planned for Alaska’s North Slope will have to wait for more clarity on the future of competing gas pipeline proposals in the region, the CEO of Fairbanks Natural Gas LLC (FNG) said.

Based on “the urgency of the situation caused by the nexus between the upcoming storage injection season and the lack of clarity in Commission policy,” Constellation Energy Commodities Group Inc. has submitted an emergency request for expedited action on FERC’s notice of proposed rulemaking (NOPR) to remove the price cap on short-term releases of transportation capacity and provide a partial exemption for capacity released under asset management arrangements (AMA).