henry hub

Getting LNG from Canada to Asia Is a Costly Proposition

Getting LNG from Canada to Asia Is a Costly Proposition

Canadian hopes to export liquefied natural gas (LNG) rely on oil prices to stay high and overseas supply contracts to uphold value parity between the two energy commodities, an industry analyst said Thursday.

October 11, 2013

Foreign Nations Pin Hopes on U.S. Shale, LNG

The shale gas revolution and and planned liquefied natural gas (LNG) exports to foreign nations have elevated the United States’ position on the global energy stage, said European and Asian energy representatives Thursday. They urged U.S. House lawmakers to seize the new energy tool for diplomatic purposes and to aid allies.

October 11, 2013

Ohio Drafting Rules for Wastewater Impoundments

Regulators with the Ohio Department of Natural Resources (ODNR) are drafting rules governing centralized earthen impoundments that would temporarily hold wastewater from oil and gas drilling.

October 11, 2013

West Primed for New Gas Infrastructure, Experts Say

If a variety of industry experts are correct, the western United States is on the brink of an upsurge in natural gas demand outstripping supply and resulting in a need for a new wave of infrastructure being built from the Rockies westward.

October 11, 2013
Chevron’s U.S. Upstream Output Holding Steady

Chevron’s U.S. Upstream Output Holding Steady

Chevron Corp.’s U.S. upstream production is holding steady from a year ago, with natural gas output higher and liquids holding steady, the operator said late Wednesday in an interim 3Q2013 report.

October 11, 2013

MSC Issues Best Practices for Drilling, Completions

With production, takeaway capacity and employment all on the rise in the Appalachian Basin, the Marcellus Shale Coalition (MSC) on Wednesday issued a list of recommended practices for drilling and completing oil and natural gas wells in the play.

October 11, 2013

New Water Treatment Eyed for Oil/Gas Industry

With the potential to help satisfy growing regulatory concerns about flowback and produced water used in hydraulic fracturing (fracking), Los Angeles-based OriginOil Inc. has signed a pay-per-barrel agreement with small Colorado-based water treatment company Industrial Systems Inc. (ISI).

October 11, 2013

EIA Shuts Down Operations, Furloughs Staff

The U.S. Department of Energy’s (DOE) Energy Information Administration (EIA), one of the few governmental agencies that was able to stay open during the beginning days of the shutdown because it had non-annual funds, said it would cease operations and furlough its staff at the end of the day Friday.

October 11, 2013

Antero IPO Tops the Charts

Investors poured into onshore operator Antero Resources Inc. in its debut Thursday on the New York Stock Exchange, gaining more than 18% to close at $52.01. “AR,” the most heavily traded stock of the day, saw more than 28.4 million shares trade hands.

October 11, 2013

Report Finds Uncertainty Over NatGas as Fuel, GHG Emissions Testing

Pennsylvania’s status as “a major energy producing state,” and the possible impacts the state may see from climate change have not changed significantly over the last four years, according to a report commissioned by the Pennsylvania Department of Environmental Protection (DEP).

October 11, 2013