Committed

The Alaska Department of Natural Resources (DNR) and the U.S. Department of Energy’s (DOE) Office of Fossil Energy on Tuesday inked an agreement at the LNG 17 conference in Houston to work together — and with potential investors — to dig down and study unconventional energy resources in Alaska’s Arctic.

At his confirmation hearing last week, Department of Energy (DOE) secretary-designate Ernest J. Moniz committed to review the department’s data and studies on natural gas exports, which relied on what some have said is outdated information that failed to examine the regional impacts of exporting liquefied natural gas (LNG).

At his confirmation hearing Tuesday, Department of Energy (DOE) secretary-designate Ernest J. Moniz committed to review the department’s study of natural gas exports, which relied on what some have said is outdated information which failed to examine the regional impacts of exporting liquefied natural gas (LNG).

The British Columbia (BC) government has committed C$152 million to the province’s embryonic liquefied natural gas (LNG) export development. The contribution — C$32 million for aboriginal cooperation, and C$120 million to industry for northern infrastructure construction — was billed as a bargain price for tickets to prosperity.

The British Columbia (BC) government has committed C$152 million to the province’s embryonic liquefied natural gas (LNG) export development.

Endurance Resources Holdings LLC announced Monday that Lime Rock Partners, a global energy-focused private equity firm, had committed $100 million for Endurance to acquire oil-focused assets and additional opportunities in two Southeast New Mexico counties that overlay the Bone Spring formation.

Scotland-based oilfield services provider The Weir Group plc continues to expand its U.S. onshore holdings, the latest deal being the acquisition of Oklahoma’s Mathena Inc.

Producer Antero Resources, which recently refocused all of its efforts on Appalachia, has signed up for Utica Shale processing, fractionation and marketing services with MarkWest Utica EMG LLC.

Chesapeake Energy Corp. can see some daylight following the deluge of U.S. natural gas, but it won’t be until the end of the year that the producer is able to report a decline in domestic output, CEO Aubrey McClendon said Friday.