Natural gas and renewables were given continuing starring roles in California’s energy future in a final 2011 Integrated Energy Policy Report (IEPR) approved Wednesday by the California Energy Commission (CEC), along with a series of clean transportation and research and development projects. The votes were 3-0 as the five-member CEC is still awaiting two governor-appointed commissioners.
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Ohio EPA Issues Air Quality Permit for Shale Gas Wells
The Ohio Environmental Protection Agency (OEPA) on Wednesday issued a final general air quality permit designed to cover production operations at natural gas wells in the state’s portion of the Marcellus and Utica shales.
Ohio EPA Unveils Air Quality Permit for Shale Gas Wells
The Ohio Environmental Protection Agency (OEPA) on Wednesday issued a final general air quality permit designed to cover production operations at natural gas wells in the state’s portion of the Marcellus and Utica shales.
National Oilwell Varco Sees Solid Order Backlog
Demand for drilling equipment in North America’s onshore continues to be strong, with the backlog of capital equipment orders in rig technology doubling in the final quarter of 2011 from a year ago, National Oilwell Varco Inc. (NOV) reported Thursday.
Maryland Bill Would Ban Out-of-State Frack Wastewater
A bill that would ban hydraulic fracturing (fracking) wastewater imports, storage, treatment, discharge or disposal generated in other states has been introduced in the Maryland General Assembly.
Buyers Reveling In Low Bidweek Quotes; Futures Continue Slide
Physical and futures prices both registered double-digit losses on the final day of bidweek Tuesday as cash prices caught up with the late-session futures slide on Monday, and futures just kept trekking lower Tuesday as the market couldn’t shake the ongoing dynamics of ever-increasing storage surpluses and forecasts of mild weather expected to prolong the pounding market bulls have been taking.
Hess, EQT See Mixed Output, Earnings Results
Hess Corp. officials said last week that although production fell in 2011 and it suffered a net earnings loss in the final quarter, they are confident 2012 will be a better year as they move forward with promising development in North America’s onshore and the deepwater Gulf of Mexico (GOM).
Hess Eyes Growth in Deepwater GOM
Hess Corp. officials said that although production fell in 2011 and the company suffered a net loss in the final quarter, they are confident 2012 will be a better year as they move forward with promising development in North America’s onshore and the deepwater Gulf of Mexico (GOM).
GOM Producer McMoRan Swings to Profit
McMoRan Exploration Co. surprised analysts Tuesday after reporting that it swung to a profit in the final three months of 2011, propelled by increased natural gas-weighted output and lower operating expenses.
Lawmakers Weigh Extending New York Frack Ban Until 2013
As the final days for public comment over proposed rules governing high-volume hydraulic fracturing (fracking) tick away, legislators in the New York State Assembly have introduced a flurry of bills on the practice, including one to extend a moratorium on it until June 1, 2013.