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LNG Exports Face Headwinds in Washington

Fears of natural gas price shocks in the United States and Australia due to exports of liquefied domestic gas are overblown, according to a new analysis by an industry consultant, and as each country pursues Asian gas markets, its advantages differ. Meanwhile, political risk to U.S. liquefied natural gas (LNG) export proposals has grown in prominence.

April 2, 2012

LNG Exports Face Headwinds in Washington

Fears of natural gas price shocks in the United States and Australia due to exports of liquefied domestic gas are overblown, according to a new analysis by an industry consultant, and as each country pursues Asian gas markets, its advantages differ. Meanwhile, political risk to U.S. liquefied natural gas (LNG) export proposals has grown in prominence.

March 27, 2012

Groups Appeal BLM Decision on Mancos Drilling

Two environmental groups are asking the Interior Department’s Bureau of Land Management (BLM) to reconsider its decision to allow WPX Energy Inc. to drill unconventional natural gas wells into the Mancos Shale play in northwest New Mexico’s San Juan Basin.

March 9, 2012

Obama: Revoking Oil, Gas Subsidies Vote Only Weeks Away

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama last Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

March 5, 2012

Revoking Oil, Gas Subsidies Vote Just Weeks Away, Obama Says

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

March 5, 2012

Obama Says Vote On Terminating Oil, Gas Subsidies Is Weeks Away

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

March 5, 2012

EPA Investigates Chesapeake’s Clean Water Compliance at WV Sites

Chesapeake Energy has revealed that it is cooperating with a grand jury proceeding and an Environmental Protection Agency (EPA) investigation into the company’s Clean Water Act (CWA) compliance at certain sites in West Virginia.

March 5, 2012

Report Cautions on Refining Changes, NGL Glut

Natural gas and motor gasoline never had much to do with each other, but new environmental rules and the natural gas liquids (NGL) abundance from shale plays could make for a bit more of a connection, Bentek Energy LLC and Turner, Mason & Co. (TMC) have found.

December 5, 2011

Report Cautions on Refining Changes, NGL Glut

Natural gas and motor gasoline never had much to do with each other, but new environmental rules and the natural gas liquids (NGL) abundance from shale plays could make for a bit more of a connection, Bentek Energy LLC and Turner, Mason & Co. (TMC) have found.

December 5, 2011

Industry Brief

Quicksilver Resources Inc. has priced a public offering of 6,967,844 units of BreitBurn Energy Partners LP. The units are offered at $16.52 each. Closing is expected to occur on or about Dec. 5. Analysts at Tudor, Pickering, Holt & Co. said the move was expected as part of Quicksilver’s liquidity plan (see Daily GPI, Oct. 21) and a “smart move to take advantage of an open equity/capital markets window.” Underwriters have been granted a 30-day option to purchase up to 1,045,177 additional units from Quicksilver to cover over allotments.

December 1, 2011