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Chevron Corp. has its hand in nearly every natural gas and oil producing basin on- and offshore around the world. But for the long term, natural gas development will be the driver, and U.S. shale plays offer “opportunities” to sustain organic growth, the company’s exploration and production (E&P) chief said last Monday.

ExxonMobil Corp. in July quietly purchased more acreage in the Haynesville/Bossier Shale, a company executive disclosed Thursday.

Sen. Jim DeMint (R-SC) has been joined by 12 other Republican senators in introducing a bill that would require that every new major rule proposed by federal agencies be approved by both houses of Congress and signed by the President.

Sen. Jim DeMint (R-SC) has been joined by 12 other Republican senators in introducing a bill that would require that every new major rule proposed by federal agencies be approved by both houses of Congress and signed by the President.

Virginia Gov. Bob McDonnell will host a three-day energy conference in Richmond next month that he said will cover every aspect of doing energy business in the state, which he has promoted as becoming “the energy capital of the East coast.”

News that storage injections were recorded for every week of November for only the second time in history allowed January natural gas futures values to resume their downward trajectory on Thursday. While the prompt-month contract oscillated for a bit following the report that 2 Bcf had been injected for the week ending Nov. 27, an afternoon push lower allowed the January contract to close at $4.459, down 7.1 cents from Wednesday’s finish.

The streak of cash market up days was ended Friday at four as almost all points fell ahead of the Columbus Day weekend.

With pipelines under way to move natural gas supplies in almost every direction, basis differentials that have “plagued” Rockies natural gas for so long are nearly gone, Williams CEO Steve Malcolm said last week.

With pipelines under way to move natural gas supplies in almost every direction, basis differentials that have “plagued” Rockies natural gas for so long are nearly gone, Williams CEO Steve Malcolm said Tuesday.