As China works to reduce its reliance on coal and looks to a cleaner energy future, the role that U.S. liquefied natural gas (LNG) could play in the market is huge. But for now, the U.S. LNG industry is in disarray and offers as much risk as opportunity, according to a U.S.-based PetroChina executive.
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Shale Is Key to ‘Saudi-America,’ Consultant Says
Global strategic positioning of the United States is going to be driven by the development of domestic shale plays, petroleum analyst/consultant Tom Petrie said Thursday at the Williston Basin Petroleum Conference in a talk centered on “The Geopolitics of Shale Oil.”
May 27, 2014
BLM Says Funding Shortfall Keeps It From Inspecting Some Wells
The Department of Interior’s Bureau of Land Management (BLM) hasn’t inspected some high-priority oil and natural gas wells due to budget constraints, according to an agency spokesman.
May 15, 2014
Noble Eyes $20B in Shale Plays by 2018
Houston-based Noble Energy plans to spend up to $20 billion during the next five years in the Niobrara and Marcellus shale plays, CFO Ken Fisher told an energy meeting in Houston hosted by Baker Hostetler on Monday night.
March 25, 2014
Oil and Gas a Back-Burner Issue in Ohio Governor’s Race
A controversy involving the Ohio Department of Natural Resources (ODNR) and Republican Gov. John Kasich’s administration that has been unfolding for much of the last month has shed new light on oil and gas development in the state and its role in the gubernatorial campaign.
March 4, 2014
Proposed Interior Budget Includes $13M to Continue Fracking Study
President Obama’s proposed budget for fiscal 2015 calls for $11.7 billion to fund the Department of Interior (DOI), including millions for study of hydraulic fracturing (fracking), and funds to oversee oil and gas development on federal lands on- and offshore. Some of the funding burden would be shifted onto industry in the form of fees.
March 4, 2014
Proposed $11.7B Interior Budget Shifts More Burden Onto Industry Through Fees
President Obama’s proposed budget for fiscal 2015 calls for $11.7 billion to fund the Department of Interior (DOI) and includes millions to help facilitate oil and gas development on federal lands both onshore and offshore. It funds the continued study of hydraulic fracturing (fracking) while shifting some of the funding burden onto industry in the form of fees.
March 4, 2014
Colorado Ballot Initiative to Allow Local Control of Oil, Gas Drilling
A ballot initiative under consideration in Colorado would give local governments control over oil and gas development. More than 50 local elected officials have sent a letter to Gov. John Hickenlooper expressing their support for the initiative.
February 27, 2014
Create U.S. Jobs with Shale Development, Says Obama
President Obama will call on Congress to work with states and local governments to create “sustainable shale gas growth zones” that help regions come together to ensure unconventional natural gas is developed safely and responsibly.
January 30, 2014
Pennsylvania Act 13 Ruling Aftermath: Widespread Uncertainty
As a clearer picture emerges from the Pennsylvania Supreme Court’s recent ruling that struck down key provisions of the state’s most comprehensive oil and gas legislation, the court’s decision is likely to have some repercussions for a decade or more, sources say, with the impact extending across the spectrum and touching more than just the pace of the industry’s operations in the Marcellus Shale.
December 27, 2013
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