Economic

Qatar Still Eyeing 2024 to Ramp More LNG Export Capacity

State-owned Qatar Petroleum remains committed to expand its natural gas exports worldwide by 2024 to maintain its leadership position, Energy Minister Saad Sherida Al-Kaabi said Tuesday.

October 8, 2019

Bright Light, Big Wind Chasing Natural Gas Market Share, Says Raymond James

Natural gas generation has been the biggest beneficiary of market share as coal generation declines, but the “principal winners” in the U.S. electricity mix eventually will be wind and solar, according to Raymond James & Associates Inc.

November 20, 2018

Penn State to Help Advance Downstream Opportunities from Shell Cracker

A Pennsylvania State University (Penn State) campus has been selected by the state’s top economic development organization to be a lead partner in developing the business and market opportunities created by the Shell Chemical Appalachia LLC ethane cracker under construction in Beaver County.

April 24, 2018
South Texas Eagle Ford Seeing Rigs, Jobs Returning

South Texas Eagle Ford Seeing Rigs, Jobs Returning

Eagle Ford Shale activity bottomed in 2016 and since has turned the corner, as more rigs are raised and activity is escalating, a South Texas economic study is indicating.

June 22, 2017

Shale-Related Projects Set Record Investment Level in Southwest Pennsylvania Last Year

The Pittsburgh Regional Alliance (PRA) said this month that it tracked the largest-ever amount of capital investment in the 10-county region surrounding the city in southwestern Pennsylvania last year, attributing most of the $10.2 billion recorded to shale gas-related growth.

April 11, 2017

E&Ps Able to Chart Destiny, All Basins Being Equal, Says BTU Analytics

The wellhead economics are not that different across the entire U.S. onshore, but how individual producers are digging in has made all the difference, according to a deep dive by BTU Analytics LLC.

September 16, 2016

Texas Saw Oil/NatGas Employment Gains in July, But Slump Isn’t Over

Texas upstream oil and natural gas employment ticked up in July for the first time in 19 months, according to the Texas Petro Index (TPI), but not enough to end the severe economic contraction afflicting Texas producers.

September 7, 2016

OK Energy Index Posts First Gains Since 2014

In another sign that the oil and gas industry has turned to thoughts of recovery, the Oklahoma Energy Index posted positive gains for the first time since October 2014, Stillwater, OK-based Bank SNB said last week.

August 16, 2016
California’s Multi-State Grid Proposal Suggests Reducing Fossil Fuel Dependence, Including NatGas

California’s Multi-State Grid Proposal Suggests Reducing Fossil Fuel Dependence, Including NatGas

California’s grid operator on Tuesday issued a 12-volume, 688-page tome analyzing various scenarios to create a multi-state, regional electricity market that would continue to phase out the use of fossil fuels, including natural gas, for power generation.

July 13, 2016
Speakers Say Appalachian Manufacturing Base In Place to Build Strong Petchem Industry

Speakers Say Appalachian Manufacturing Base In Place to Build Strong Petchem Industry

Despite challenges ahead, all the pieces are in place to build a robust petrochemical industry in the Appalachian Basin and strengthen the existing chemical manufacturing base in and around the region, speakers at a recent industry conference argued.

July 5, 2016
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