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Anadarko Petroleum Corp. appears to be joining a growing list of companies interested in the Utica Shale of Ohio.

If drilling permit and plan approvals in the Gulf of Mexico (GOM) returned to levels that would support the industry’s capacity to explore and operate safely, an estimated $44 billion would be added to U.S. gross domestic product (GDP) and another 230,000 jobs could be supported, one-third of them outside of the Gulf region, according to a new study by IHS CERA/IHS Global Insight.

If drilling permit and plan approvals in the Gulf of Mexico (GOM) returned to levels that would support the industry’s capacity to explore and operate safely, an estimated $44 billion would be added to U.S. gross domestic product (GDP) and another 230,000 jobs could be supported, one-third of them outside of the Gulf region, according to a new study by IHS CERA/IHS Global Insight.

Royal Dutch Shell plc unit Shell Canada has signed on with a trio of Asian partners to explore developing a liquefied natural gas (LNG) export facility on the western coast of Canada, according to press reports. The group would be the fourth to target the region for LNG exports.

New Brunswick officials said Thursday that while the province was enacting tougher natural gas regulations in the emerging Frederick Brook Shale, it would not implement a ban on hydraulic fracturing (fracking).

Responding to President Obama’s call for federal agencies to streamline their regulations, the Interior Department last week said it plans to explore a “simplified market-based approach” for valuing oil and gas to calculate the billions of dollars in royalty payments that are owed each year to the federal government for production on publicly owned onshore and offshore property.

Responding to President Obama’s call for federal agencies to streamline their regulations, the Interior Department said it plans to explore a “simplified market-based approach” to determine the value of oil and natural gas for royalty purposes.

Houston City Council last week approved a three-year agreement with Southern Star Exploration LLC to explore for conventional natural gas beneath three municipal parks and a public works center in an industrial area.

Houston City Council on Wednesday approved a three-year agreement with Southern Star Exploration LLC to explore for conventional natural gas beneath three municipal parks and a public works center in an industrial area.