Ohio Judge Upholds Class Action Suit, Denies XTO Motion to Intervene

Ohio Judge Upholds Class Action Suit, Denies XTO Motion to Intervene

An Ohio judge has upheld a class action lawsuit against a Utica Shale driller, a decision that could release hundreds of landowners from undeveloped oil and natural gas lease agreements.

February 28, 2013

Carrizo 4Q: Oilier Is Better

The fourth quarter was Carrizo Oil & Gas Inc.’s ninth consecutive quarter of revenue growth and one during which it charted record oil production and oil revenue, affirming the wisdom of management’s decision to transform Carrizo into an oil company, CEO Chip Johnson said.

February 27, 2013

Pennsylvania Official: Drilling on Public Lands Will Raise $60M

A Pennsylvania official said royalties from Marcellus Shale natural gas drilling on public lands will add about $60 million to state coffers this year.

February 27, 2013

Horn River Pipeline Setback Aids Quicksilver’s Timing

Quicksilver Resources Inc. found a silver lining in the recent decision by Canada’s National Energy Board (NEB) to reject TransCanada Corp.’s Komie North Extension pipeline project in the Horn River Basin.

February 26, 2013

Potential $500M Drilling Deal for Pittsburgh Airport Approved

In a split decision, the Allegheny County Council voted on Tuesday to accept a deal with Consol Energy Inc. for Marcellus Shale natural gas drilling rights at Pittsburgh International Airport.

February 21, 2013

Lawmakers, Stakeholders Debating LNG Exports

Producers lined up on one side and large consumers on the other in the political countdown to an Obama administration decision on whether to allow unrestricted exports of liquefied natural gas (LNG) to the world market.

January 28, 2013

BLM Sets Aside Fracking Proposal for Revisions

A decision by the Department of Interior’s Bureau of Land Management (BLM) to set aside its original federal hydraulic fracturing (fracking) proposal has drawn plaudits from associations representing major oil and natural gas producers.

January 28, 2013

AGA: LNG Exports Will Not Have a ‘Material Impact’ on Prices

Coming on the heels of the departure of chemical giant Dow Chemical Co. from the National Association of Manufacturers (NAM) over a dispute involving liquefied natural gas (LNG) exports and a decision by chemical firm Huntsman Corp. to join a coalition opposing gas exports, associations representing interstate natural gas pipelines and gas distribution lines expressed their unwavering support for U.S. sales of domestically produced gas to foreign countries.

January 25, 2013

Oilsands Project Gets Green Light in Utah

The first oilsands project with longer term commercial possibilities in Utah has gotten approval to move forward from a citizen appeal board for the state Division of Oil, Gas and Mining (DOGM). It’s backers say it is the first commercial-scale oilsands project in the United States.

January 16, 2013

Keystone XL Pipeline Rerouting in Nebraska Still Finds Detractors

As a study emerged Monday in Canada raising public health concerns about oilsands, groups long opposed to TransCanada Corp.’s Keystone XL oil pipeline blasted a report released Friday evaluating a rerouting of the oilsands-linked pipeline in Nebraska by the state’s Department of Environmental Quality (DEQ).

January 9, 2013
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