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European Steelmaker Siting Plant in Eagle Ford Country

European Steelmaker Siting Plant in Eagle Ford Country

Cheap U.S. natural gas contributed to a decision by European steelmaker Voestalpine AG to site a new plant outside of Corpus Christi, TX.

May 28, 2013
Shale’s Ethane Boom Gives Westlake Chemical Advantage

Shale’s Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) coming out of North American shale plays, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

U.S. Ethane Boom Gives Westlake Chemical Advantage

Westlake Chemical Corp. enjoyed record fourth quarter and full year results last year, driven in large part by lower ethylene feedstock costs resulting from the abundant supply of natural gas liquids (NGL) available in North America, CEO Albert Chao told analysts during a conference call Tuesday.

February 20, 2013

Governor Signs Ohio’s New Frack Rules Into Law

Ohio Gov. John Kasich has signed an energy bill that enjoyed bipartisan support in the General Assembly and creates new rules for hydraulic fracturing (fracking).

June 14, 2012

Companies Spending $3B to Capture Flared Natural Gas in North Dakota

Oil and gas companies operating in North Dakota’s portion of the Bakken Shale are spending about $3 billion on infrastructure projects to capture natural gas currently being lost to flaring at oil drilling sites.

October 12, 2011

Small Independent Pioneering Mississippi’s Haynesville Shale

Having enjoyed success in the Haynesville Shale in DeSoto Parish, LA, Houston-based Mainland Resources Inc. heard a call to go east — to Mississippi, where as it turns out the Haynesville “expands significantly,” CEO Nicholas Atencio told NGI’s Shale Daily.

January 24, 2011

Small Independent Pioneering Mississippi’s Haynesville Shale

Having enjoyed success in the Haynesville Shale in DeSoto Parish, LA, Houston-based Mainland Resources Inc. heard a call to go east — to Mississippi, where as it turns out the Haynesville “expands significantly,” CEO Nicholas Atencio told NGI.

January 24, 2011

Analysts: Coal Displacement to Climb Next Year

Gas-fired power generators that enjoyed eating coal’s cake last year will have the opportunity again in 2011 as soft gas prices and abundant supply position the power sector for a reprise of 2009’s fuel switching, analysts at Barclays Capital and Raymond James & Associates Inc. said separately last week.

November 15, 2010

Analysts: $5.50 is Coal-Gas Switching Price

Gas-fired power generators that enjoyed eating coal’s cake last year will have the opportunity again next year as “there will be too much gas supply in 2011 not to boost displacement back to about 2009 levels, assuming normal weather next year,” Barclays Capital analysts said in a note Tuesday.

November 11, 2010

Shale Bolsters Patterson-UTI’s Operating Rig Count

Patterson-UTI Energy Inc. enjoyed substantially better results in the second quarter compared to a year ago when the contract drilling and pressure pumping firm recorded a net loss. That’s thanks to more business in Appalachia as well as in West and South Texas, executives told financial analysts Thursday.

July 30, 2010
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