Controlled

Pennsylvania election results “were a good thing” for natural gas companies operating in the state, Atlas Resources President Richard Weber told a Marcellus Shale conference in Pittsburgh Wednesday.

BP said early Wednesday that its runaway Macondo well appears to have reached a static condition, with pressure now being controlled by the hydrostatic pressure of drilling mud that was pumped into the well Tuesday.

An agreement to expand drilling in waters controlled by California was announced Wednesday by Plains Exploration & Production Co. (PXP) and environmental groups.

An agreement to expand drilling in waters controlled by California was announced Wednesday by Plains Exploration & Production Co. (PXP) and environmental groups.

As the Democratic-controlled Congress seeks to significantly restrict the royalty-in-kind (RIK) program or do away with it altogether, the Interior Department’s Minerals Management Service (MMS) said in a report to Congress that the program continues to outperform all of the objectives that the agency has set for it.

As the Democratic-controlled Congress seeks to significantly restrict the royalty-in-kind (RIK) program or do away with it altogether, the Interior Department’s Minerals Management Service (MMS) said in a report to Congress that the program continues to outperform all of the objectives that the agency has set for it.

Up to 25% of U.S. manufacturers are considering shifting their domestic operations offshore if rising chemical costs — as well as rising costs for natural gas, a feedstock important to many — are not controlled, according to a report by the National Association of Manufacturers (NAM).

Up to 25% of U.S. manufacturers are considering shifting their domestic operations offshore if rising chemical costs — as well as rising costs for natural gas, a feedstock important to many — are not controlled, according to a report by the National Association of Manufacturers (NAM).

In his first State of the Union address to a Democrat-controlled Congress, President Bush last Tuesday called for increased domestic oil and natural gas production as the nation moves toward a greater diversification of its fuel supply.