Drawn

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.

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.

Noble Energy Inc., whose exploration efforts are spread across the globe, on Thursday gave investors a peek at five frontier plays, including a promising unconventional find in an overlooked area of Nevada.

Houston-based Dynegy Inc.’s recent filing for Chapter 11 bankruptcy protection and planned merger with its Dynegy Holdings LLC (DH) unit, which was already in bankruptcy, has drawn differing reactions from the two major credit rating agencies, Moody’s Investors Service and Standard & Poor’s Rating Services (S&P).

A ballot initiative to raise the Arkansas severance tax on natural gas production being promoted by former gas industry executive Sheffield Nelson has drawn more foes.

The Jordan Cove liquefied natural gas (LNG) project in Oregon has won preliminary federal export approvals, but has drawn the ire of the state attorney general’s office. Backers expressed confidence the project is still on a positive track to be a combination import-export facility.

As promised, Pennsylvania Gov. Tom Corbett did not include a severance tax on Marcellus Shale production in his first budget.

San Diego-based Sempra Energy has drawn increasing governmental and business support in Mexico in the wake of an unsuccessful attempt by the mayor of Ensenada, North Baja California, to seize the U.S. energy holding company’s Energia Costa Azul liquefied natural gas (LNG) receiving terminal. Operations at the facility have continued without interruption.

Produced water from natural gas shale deposits has drawn a lot of attention nationwide, but that focus soon may turn to produced water in coalbed methane (CBM) operations, according to the results of a new study.