Shell Wraps Up Alaska Offshore Drilling Program

Royal Dutch Shell plc on Wednesday said it has completed its preliminary drilling program for this year in Alaska’s offshore.

November 1, 2012
Haynesville, Barnett Natural Gas Output Exceeds Analyst Estimates

Haynesville, Barnett Natural Gas Output Exceeds Analyst Estimates

U.S. natural gas prices may well go higher over the next 18 months to two years, but a few things could stand in their way, including stronger-than-forecast dry gas output from unconventional plays, including the Haynesville and Barnett shales, Credit Suisse analysts said Wednesday.

October 26, 2012

EPA Petitioned for Oil, Gas Inclusion in Toxics Release Inventory

Seventeen environmental groups Wednesday filed a petition with Environmental Protection Agency (EPA) to include the oil and gas extraction industry, particularly hydraulic fracturing (fracking) operations, in its Toxics Release Inventory (TRI) reporting requirements.

October 25, 2012

Abundant NatGas Supplies Help Push Dominion To Close Wisconsin Nuclear Plant

Dominion Resources Inc. announced Monday that it plans to close and decommission a nuclear power plant in Wisconsin next year, a decision the company said was made in part due to continuing low natural gas prices.

October 23, 2012

Independent Raring to Go in Frio County, TX

Eagle Ford Oil & Gas Corp. has been watching the producer activity around its more than 3,600 acres in Frio County, TX, and is working to raise capital by the end of the year to start drilling some wells of its own, the company said Wednesday.

September 20, 2012

North America Subsea Market Seen Stable, Growing

Between now and 2016, close to $77 billion will be spent on worldwide subsea vessel operations, representing an increase of 63% over the previous five-year period, according to new research by energy adviser Douglas-Westwood (DW). North American spending is expected to total $13 billion, an increase of 23% from the past five years.

August 27, 2012

New York Governor Said to Still Back Some Fracking

New York Gov. Andrew Cuomo is reportedly close to making a public endorsement of high-volume hydraulic fracturing (HVHF) and will unveil a plan to allow the practice on a limited scale initially, but under strict regulation and only in localities that welcome it.

August 13, 2012

EPA Ends Water Sampling in Dimock, PA

Following a series of tests indicating that water from private wells in Dimock Township, PA, is safe to drink, the U.S. Environmental Protection Agency (EPA) on Wednesday said it has determined “that there are not levels of contaminants present that would require additional action by the agency” and it has no plans to further test water samples in the township.

July 26, 2012

Braskem to Take Over Petrochemical Operations at Marcus Hook

Braskem America on Wednesday agreed to take over some of the petrochemical operations at the old Sunoco Marcus Hook Industrial Complex south of Philadelphia with a $56 million infusion and another $15 million in state support that preserves more than 100 jobs and creates at least 28 more.

July 16, 2012

North Dakota OKs Ethane Pipeline to Alberta

It will add to the hydrocarbon-rich state’s mitigation of flared associated natural gas supplies in the Bakken Shale play.

June 25, 2012