Strategic investors and foreign buyers continue to press for deals in U.S. unconventional fields, but higher prices have pushed private equity (PE) momentarily to the sidelines, according to PwC US.
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IMS Research Sees Shale Gas Driving Smart Grid Renewal
The continuing shale gas boom is having a “massive impact” on the U.S. energy market, particularly a revival for various smart grid developments, according to a report released by IMS Research, a unit of the global research/consulting firm IHS.
Shale Gas Boom Drives Renewed Smart Grid, Report Finds
The continuing shale gas boom is having a “massive impact” on the U.S. energy market, particularly a revival for various smart grid developments, according to a report released by IMS Research, a unit of the global research/consulting firm IHS.
Pennsylvania DCNR to Discuss Forest Drilling at Online Forum
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.
Marketplace ‘Best Determiner’ on LNG Exports, Says Industry
With the federal government continuing to drag its feet on applications for exporting domestic liquefied natural gas (LNG) — and President Obama’s nominee to head the Department of Energy (DOE) hedging his bets on the issue — some industry officials contend that regulatory agencies may not be the best place to decide how many of those facilities should operate.
Industry Awaits DOE Decisions on LNG Export Applications
With the federal government continuing to drag its feet on applications for exporting domestic liquefied natural gas (LNG) — and President Obama’s nominee to head the Department of Energy (DOE) hedging his bets on the issue — some industry officials contend that regulatory agencies may not be the best place to decide how many of those facilities should operate.
NatGas Transportation Makes Strides
Royal Dutch Shell plc and others in related industries are continuing their push for using natural gas as a transportation fuel. Several states also are adding incentives.
Dow Expands Shale-Focused Project Slate
Continuing its strategy to take advantage of cheap U.S. natural gas and natural gas liquids, The Dow Chemical Co. plans to build several specialty material production units for its performance plastics franchise on the U.S. Gulf Coast, the company said last week. The plan further connects Dow’s U.S. manufacturing operations with cost-advantaged feedstocks available from shale gas.
Dow Continuing Projects to Capitalize on Cheap U.S. Gas
Continuing its strategy to take advantage of cheap U.S. natural gas and natural gas liquids, The Dow Chemical Co. plans to build several specialty material production units for its performance plastics franchise on the U.S. Gulf Coast, the company said Monday.
Industry Briefs
A federal investigation into Chesapeake Energy Corp. and outgoing CEO Aubrey McClendon is continuing, according to the Securities and Exchange Commission (SEC), which informed the company on Dec. 21 that its Fort Worth, TX regional office “has issued subpoenas for information and testimony.” In the SEC 10-K filing, Chesapeake said it is “also responding to related inquiries from other governmental and regulatory agencies and self-regulatory agencies.” Chesapeake in May received notice from the SEC of an informal inquiry “into, among other things, certain of the matters alleged” in some lawsuits regarding McClendon’s financial transactions (see NGI, May 7, 2012).