Domestic proved oil and natural gas reserves achieved record annual volumetric increases in 2010, thanks in large part to advances in drilling technology, according to a report released by the Energy Information Administration (EIA) Wednesday.
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Cheap NatGas Draws Methanol Plant to Louisiana
Abundant regional supplies of natural gas helped Louisiana to score another economic development win with the announcement that Methanex Corp. will construct a $550 million methanol plant in the state.
Report: Shale Gas ‘Magic Bullet’ For U.S. Petrochemicals
Shale gas is the “magic bullet” the U.S. petrochemical industry needs to make a full recovery from a decade of economic stagnation, according to Houston-based Chemical Market Resources Inc. (CMR), which advises the chemical, petrochemical and plastics industries.
Shale Gas Called ‘Magic Bullet’ For U.S. Petrochemical Industry
Shale gas is the “magic bullet” the U.S. petrochemical industry needs to make a full recovery from a decade of economic stagnation, according to researchers from Chemical Market Resources Inc. (CMR), a Houston firm that advises the chemical, petrochemical and plastics industries.
Moody’s: Slower E&P Growth through 2013
Fading oil and natural gas liquids (NGL) prices, butting into subdued world economic conditions, point to slower exploration and production (E&P) growth for the next two years, according to Moody’s Investors Service.
Moody’s: Slower E&P Growth through 2013
Fading oil and natural gas liquids (NGL) prices, butting into subdued world economic conditions, point to slower exploration and production (E&P) growth for the next two years, according to Moody’s Investors Service.
Pennsylvania Governor Signs Budget, Ethane Cracker Tax Breaks
Pennsylvania Gov. Tom Corbett on Saturday signed the state’s $27.7 billion budget for 2012-13, which includes modifications to the tax code that could potentially offer billions in tax breaks to companies investing in an ethane cracker and associated manufacturing facilities.
Marketers Search for Way Out of $2 Doldrums; Sales Flat in 1Q2012
Relatively warm weather during winter’s final months and a halting economic upturn continued to keep a lid on natural gas sales during the first quarter of 2012, according to NGI’s 1Q2012 Top North American Gas Marketers Ranking, which found a majority of companies reporting sales declining or flat compared with 1Q2011.
Top North American Gas Marketers (Bcf/d)
Relatively warm weather during winter’s final months and a halting economic upturn continued to keep a lid on natural gas sales during the first quarter of 2012.read more
Marketers Search for Way Out of $2 Doldrums; Sales Flat in 1Q2012
Relatively warm weather during winter’s final months and a halting economic upturn continued to keep a lid on natural gas sales during the first quarter of 2012, according to NGI’s 1Q2012 Top North American Gas Marketers Ranking, which found a majority of companies reporting sales declining or flat compared with 1Q2011.