CNBC and NBC News on Thursday used cross-network programming to train their cameras on the resurgence in Ohio, once the heart of the U.S. steel industry, which has been reborn in part from the growth in the auto industry, as well as drilling operations in the Utica Shale.
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Hawaii Gas Supplier Looks to LNG to Meet Market Demand
The Gas Co. LLC, Hawaii’s only government-franchised full-service gas company, has filed an application to operate facilities so that it can receive liquefied natural gas (LNG) sourced from natural gas produced in the continental U.S.
North Dakota DMR Chief Sees Rising Idle Well Count, More Efficient Rigs
Mixed with the solid reviews about all-time record highs for monthly natural gas and oil production in North Dakota’s Bakken Shale and Williston Basin region, the director of the state’s Department of Mineral Resources (DMR) sounded words of caution that the drilling boom is showing signs of easing, but not because production has slowed much.
Shale Boom Makes Storage and Exports Important, CME Exec Says
Technology and good old “American ingenuity” that have driven the shale gas boom are also prompting responses to a supply glut that make storage and eventual liquefied natural gas (LNG) exports more important than ever, according to Bryan Durkin, COO at CME Group, who addressed the opening session of the LDC Gas Forums mid-continent meeting in Chicago Monday.
‘Golden Rules’ to Drive Gas Growth, Says IEA Exec
For global unconventional natural gas to reach its full potential, the energy industry has to be willing to work with regulators and conservation groups to address legitimate concerns, the executive director of the International Energy Agency (IEA) told an audience recently at Rice University’s Baker Institute in Houston.
IEA Exec Says Best Practices Will Drive Resource Development
For global unconventional natural gas to reach its full potential, the energy industry has to be willing to work with regulators and conservation groups to address legitimate concerns, the executive director of the International Energy Agency (IEA) told an audience Friday at Rice University’s Baker Institute in Houston.
Resurgence of the Permian Basin Driven by Innovation, Prices
Ten years ago the Permian Basin, first drilled nearly a century ago, was considered passe for oil and gas exploration. Today, however, a new generation of explorers and midstream operators has made the basin one of the hottest tickets on the reservoir circuit and there are no signs that the lights will be dimming anytime soon.
Report: Shale Gas ‘Magic Bullet’ For U.S. Petrochemicals
Shale gas is the “magic bullet” the U.S. petrochemical industry needs to make a full recovery from a decade of economic stagnation, according to Houston-based Chemical Market Resources Inc. (CMR), which advises the chemical, petrochemical and plastics industries.
Newfield Lifts 2012 Output Forecast — Again — on Oil, Liquids Growth
For the second time this year, Newfield Exploration Co. raised its full-year production forecast based on rising output from key U.S. onshore oil and natural gas liquids (NGL) plays.
Shale Gas Called ‘Magic Bullet’ For U.S. Petrochemical Industry
Shale gas is the “magic bullet” the U.S. petrochemical industry needs to make a full recovery from a decade of economic stagnation, according to researchers from Chemical Market Resources Inc. (CMR), a Houston firm that advises the chemical, petrochemical and plastics industries.