Steel manufacturer Nucor Corp. said it will spend more than $700 million during a two-year period on natural gas drilling in order to meet its contractual obligations with Encana Corp. for a supply of low-cost natural gas.
Haven
Articles from Haven
California LDCs Unaffected by Low Gas Prices
Low wholesale natural gas prices haven’t translated into expansions at Sempra Energy’s local distribution companies (LDC) Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric (SDG&E), a Sempra spokesman told NGI last week.
Ohio Energy Regime Overhaul Begins
When it goes into effect next month, Ohio’s SB 315 will bring regulatory change to the Ohio Department of Natural Resources (DNR) and four other state agencies, but that’s just the beginning of the changes the oil and gas industry can expect from the legislation, according to Craig Kasper, CEO of project development and engineering company Hull & Associates Inc.
U.S. E&P Spending Forecast to Jump 9.6% in 2012
A sharp drop in natural gas prices and recent weakness in oil prices haven’t stalled too much U.S. exploration and production (E&P) spending, which is expected to jump by 9.6% to $143 billion this year, according to 239 domestic producers surveyed by Dahlman Rose & Co.
Tuscaloosa Trending — Check Back in Six Months
Whether the Tuscaloosa Marine Shale turns out to be the kind of prospect that ranks among energy industry biggies is still a waiting game, one of the trend’s followers said Tuesday.
Booming Bakken Creates Hiring, Housing Surge
Naggingly low natural gas prices apparently haven’t dimmed prospects in the Bakken Shale in North Dakota and Montana, where the booming play is driving a surge in hiring, housing starts, infrastructure projects and more.
Booming Bakken Creating Hiring, Housing Surge
Naggingly low natural gas prices apparently haven’t dimmed prospects in the Bakken Shale in North Dakota and Montana, where the booming play is driving a surge in hiring, housing starts, infrastructure projects and more.
Fracking Support Outweighs Opposition, Says Survey
Even with the intense media coverage of of hydraulic fracturing (fracking), most people haven’t heard about it or are unfamiliar with the practice, according to a nationwide poll conducted in March by the University of Texas at Austin (UT). Of the one-third familiar with fracking “support outweighed opposition, 48% to 36%.”
Most in U.S. Not Wise to Fracking, Survey Finds
Even with the intense media coverage of of hydraulic fracturing (fracking), most people haven’t heard about it or are unfamiliar with the practice, according to a nationwide poll conducted in March by the University of Texas at Austin (UT). Of the one-third familiar with fracking “support outweighed opposition, 48% to 36%.”
Ohio Governor Calls for Prudent Shale Development
Ohio Gov. John Kasich said the state would be prudent in developing the Marcellus and Utica shales, maintaining tough environmental regulations while looking to attract jobs and investment.