The Supreme Court of Ohio has agreed to hear an appeal in a case involving local ordinances, or “home rule” laws, that pits a Utica Shale driller against a Summit County municipality that had tried to shut down the driller’s operations.
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The International Energy Agency (IEA) said U.S. gas production could reach 797 billion cubic meters (bcm) (28.14 Tcf) by 2018, 17% higher than last year’s total of 681 bcm (24.05 Tcf), which was a 5% increase over 2011. That’s thanks to shale gas. Other countries have it, but they won’t be getting at it for some time, and that fact will keep the United States among the leading natural gas producers.
Chesapeake Energy Corp. shareholders reelected the company’s board of directors, but rejected separate proposals to implement proxy access, reincorporate in Delaware and declassify the board, the last of which would have made it easier to replace the entire board in one fell swoop.
With the “right kind of leadership” and regulatory environment, the United States could be just 10 years from achieving energy independence, Chesapeake Energy Corp.’s nonexecutive Chairman Archie Dunham said Friday.
The Buckeye Water District (BWD), a utility based in Columbiana County, OH, agreed to supply water for at least three years to a subsidiary of Rex Energy Corp. for oil and natural gas drilling in neighboring Carroll County, OH, the most prolific in the Utica Shale.
Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.
Members of the Pittsburgh Presbytery voted to end a one-year moratorium on shale development, a decision that could potentially open property from the organization’s 150 churches to Marcellus Shale oil and gas leasing.
Natural gas generation sets (gensets) are becoming more popular for distributed power generation installations and could surpass 13 GW of capacity worldwide by 2018, according to Navigant Research.