SandRidge Energy Inc. founder Tom Ward, the former chairman and CEO, was replaced Wednesday by the board of directors, which said its decision was “in the best interests of the company and its shareholders at this time.”
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Colorado Governor: Blanket ‘No Fracking’ Policy Makes No Sense
Colorado Gov. John Hickenlooper said Wednesday the state hopes to avoid a lengthy court battle with the City of Longmont over newly enacted natural gas and oil drilling regulations, which challenge the state’s authority to regulate energy operations.
Continental Rockin’ the Bakken with Production, Reserves Growth
After a second quarter of strong production growth in the Bakken Shale and Anadarko Woodford, Oklahoma City-based Continental Resources Inc. said it is ahead of schedule on its five-year plan to triple production.
DOE Efficiency Grants Target Ethane Cracking, Other Technologies
The federal government is kicking in $4.5 million in grant money to support development of technology to crack ethane more cheaply and efficiently. The grant to LyondellBasell is one of 13 announced by the U.S. Department of Energy totaling $54 million that are intended to increase energy efficiency and cut manufacturing costs.
Marketing Exec: Utilities Smarter About Assets
Local distribution company (LDC) and large industrial gas consumers have learned a lot over the years about managing their assets more efficiently from gas marketing companies, but the shale boom has created a new challenge.
Marketing Exec: Utilities More Sophisticated About Optionality
Local distribution company (LDC) and large industrial gas consumers have learned a lot over the years about managing their assets more efficiently from gas marketing companies, but the shale boom has created a new challenge.
ExxonMobil CEO: Energy Independence ‘Not Realistic’
Energy independence is “not realistic for the United States or almost any other country,” and it may not be the best strategy to pursue, ExxonMobil CEO Rex Tillerson said last week.
ExxonMobil CEO: Energy Independence ‘Not Realistic’
Energy independence is “not realistic for the United States or almost any other country,” and it may not be the best strategy to pursue, ExxonMobil CEO Rex Tillerson said this week.
Hybrid Fuel Cell/Gas Turbine Developed
A new combination pressurized fuel cell and microturbine hasbeen developed that is expected to generate electricityefficiently, cleanly and at a lower cost than either of the twosystems on a stand-alone basis.
Capacity Release Deals Decreasing
Judging from a recent survey, the secondary capacity marketappears to be working efficiently and not putting a crimp on gasindustry competition. While deal activity is leveling off, themarket is still dynamic enough to accommodate new entrants,according to energy industry consulting firm Skipping Stone Inc.