Responding to Illinois’ tough new hydraulic fracturing (fracking) legislation, and with the potential for a surge of activity in relatively untapped shale natural gas deposits in Illinois, two colleges say they are planning an array of training opportunities for the emerging oil and natural gas industry.
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Chesapeake Energy Corp. shareholders reelected the company’s board of directors, but rejected separate proposals to implement proxy access, reincorporate in Delaware and declassify the board, the last of which would have made it easier to replace the entire board in one fell swoop.
Calling it dangerous and potentially harmful to its ability to finance future natural gas pipeline safety upgrades, Pacific Gas and Electric Co. (PG&E) last Friday filed a formal reply to state regulators, strongly rejecting a safety staff recommendation of a $2.25 billion for PG&E’s part in the Sept. 9, 2010 pipeline rupture and explosion in San Bruno, CA.
Three weeks after the launch of the Center for Sustainable Shale Development (CSSD) and its proposed certification process, many oil and natural gas producers are in the dark about the initiative and taking a “wait and see” approach to participating.
In an article Tuesday, the Post looked to the future with a report, “European industry flocks to U.S. to take advantage of cheaper gas,” while the Times complained Monday that the “Jobs Boom Built on Cheap Energy Has Yet to Appear.”
The Independent Oil and Gas Association (IOGA) of New York has called on the state’s Joint Commission on Public Ethics (JCOPE) to initiate an investigation into apparent violations of lobbying laws by the group known as “Artists Against Fracking,” which is led by Beatles star John Lennon’s widow, Yoko Ono, and their son, Sean Lennon.
The Pennsylvania Department of Conservation and Natural Resources (DCNR) plans to hold an invitation-only meeting on Thursday to discuss a request by two energy companies to access their mineral rights under the Loyalsock State Forest.
Even with the big retreat by operators in U.S. onshore natural gas plays, domestic output will continue to grow “for the foreseeable future,” according to Raymond James & Associates Inc. energy team.