New York Gov. Andrew Cuomo has appointed Richard L. Kauffman as “energy czar” and said he would chair a newly created cabinet position for the Energy Policy and Finance Subcommittee. In a state of the state address, Cuomo said his “ambitious agenda” includes “investments in energy infrastructure, solar power and an electric vehicle network. Kauffman would be tasked with, among other things, creating the state’s first “green bank” within the New York State Energy Research and Development Authority. The bank would offer loans and grants to further “clean” energy deployment, coordinate and leverage the state’s energy spending and alleviate financial market barriers “that currently impede the flow of private capital to renewable energy projects.” Kauffman is a senior adviser to U.S. Energy Secretary Steven Chu. He serves on the boards of the Brookings Institution and the Wildlife Conservation Society.
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Crestwood Midstream Takes More Control of Marcellus Operations
Crestwood Midstream Partners LP on Tuesday said it is building its foothold in the Marcellus Shale after wresting control of a natural gas partnership created last year.
No Drought About it: Produced Water Saving Freshwater
The re-emerging Mississippian Lime may be cheaper to drill than in some deeper formations, but an abundance of produced water has created a flood of innovative solutions by some operators.
No Drought About it: Produced Water Produces Oil
The re-emerging Mississippian Lime may be cheaper to drill than in some deeper formations, but an abundance of produced water has created a flood of innovative solutions by some operators.
Schlumberger, Cameron Partner on Subsea Production System
Schlumberger Ltd. and Cameron on Thursday said they have created OneSubsea, a joint venture (JV) to leverage their expertise to manufacture a complete subsea production system from pore space to export space to unlock reserve potential from offshore developments.
Ohio’s Utica Shale Gets Star Treatment from CNBC, NBC News
CNBC and NBC News on Thursday used cross-network programming to train their cameras on the resurgence in Ohio, once the heart of the U.S. steel industry, which has been reborn in part from the growth in the auto industry, as well as drilling operations in the Utica Shale.
Basis Blowouts May Return, Analyst Warns
The recent construction wave of natural gas pipeline infrastructure might have flattened basis differentials, but not forever, according to BNP Paribas analyst Teri Viswanath. More infrastructure will be needed to avoid market constraints and basis spikes down the road, she wrote in a market note last week.
Big Incentives for Producers to Reduce Water Use, Say Execs
Environmental questions and high costs for water have created a big headache for unconventional oil and gas producers, but it won’t take long before those problems are turned into opportunities for other businesses, according to industry executives.
Big Incentives for Producers to Reduce Water Use, Say Execs
Environmental questions and high costs for water have created a big headache for unconventional oil and gas producers, but it won’t take long before those problems are turned into opportunities for other businesses, according to industry executives.
Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy
Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference in Philadelphia on Thursday.
