Environment

ExxonMobil Executive Urges Producers: Be Open about Shale Operations

In this “age of unconventionals,” shale gas and oil producers have to be as open as possible about their drilling operations, an ExxonMobil Corp. executive said last week.

November 9, 2010

Marcellus ‘Important’ for Region’s Revival, Says API Economist

Noting that while there are “important questions” about the environment, it has been reported that the Marcellus Shale could provide enough gas to meet U.S. demand for decades, while creating thousands of jobs, and most important can be developed responsibly, according to John Felmy, chief economist with the American Petroleum Institute (API).

October 18, 2010

Marcellus ‘Important’ for Region’s Revival, Says API Economist

Noting that while there are “important questions” about the environment, it has been reported that the Marcellus Shale could provide enough gas to meet U.S. demand for decades, while creating thousands of jobs, and most important can be developed responsibly, according to John Felmy, chief economist with the American Petroleum Institute (API).

October 12, 2010

Animated Maps Show Marcellus Up Close and Personal

The pace and extent of development in the Pennsylvania portion of the Marcellus Shale now may be “seen” in animated maps produced by the Penn State Marcellus Center for Outreach and Research, officials said Tuesday.

October 7, 2010

Pennsylvania GOP Wants NGV Incentives — Without Severance Tax

Pennsylvania could secure its energy future, clean up its environment and create thousands of jobs by providing incentives for the use of natural gas as a transportation fuel, all without having to impose a severance tax on gas production in the Marcellus Shale, according to a group of state House Republicans led by Stan Saylor (R-York).

September 27, 2010

Pennsylvania GOP Wants NGV Incentives — Without Severance Tax

Pennsylvania could secure its energy future, clean up its environment and create thousands of jobs by providing incentives for the use of natural gas as a transportation fuel, all without having to impose a severance tax on gas production in the Marcellus Shale, according to a group of state House Republicans led by Stan Saylor (R-York).

September 22, 2010

Senate Panel Votes to Remove Cap on Oil Spill Liabilities

The Senate Environment and Public Works Committee voted Wednesday to remove the cap on a producer’s liability for economic damages from oil spills on the federal Outer Continental Shelf (OCS).

July 1, 2010

Moody’s Sees Positives for Oilfield Services, Negatives for E&P

The U.S. oilfield services sector may be moving toward a positive environment, but the sustainability of exploration and production (E&P) spending “remains uncertain” because of weak natural gas prices and a continued oversupply, Moody’s Investors Service said Thursday.

April 5, 2010

Moody’s Sees Positives for Oilfield Services, Negatives for E&P

The U.S. oilfield services sector may be moving toward a positive environment, but the sustainability of exploration and production (E&P) spending “remains uncertain” because of weak natural gas prices and a continued oversupply, Moody’s Investors Service said Thursday.

April 5, 2010

Senate Dems Brace for Fight over Murkowski EPA Proposal

Democrats on the Senate Environment and Public Works Committee have joined to oppose attempts by Sen. Lisa Murkowski (R-AK) to overturn the Environmental Protection Agency (EPA) finding last month that carbon dioxide (CO2) and other greenhouse gas (GHG) emissions pose a danger to the public’s health and welfare (see Daily GPI, Dec. 8, 2009).

January 14, 2010