Hydraulic fracturing (fracking) best practices need to be improved, but the drilling practice can be done safely, according to Stanford University’s Steven Chu, who served as Energy Secretary during the first Obama administration.
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Fracked Well Emissions Controls Seen Working
The first of 16 methane emissions studies focusing on unconventional natural gas production and organized by the Environmental Defense Fund (EDF) has been published and says that industry efforts to control emissions at well sites are having a significant impact.
Chesapeake Shrinking, More Layoffs Possible
Chesapeake Energy Corp. is restructuring in more ways than one, with layoffs expected across the nationwide organization.
GE, Partners Form U.S. LNG Transport Network
A high-octane consortium with deep fueling and financing has formed Eagle LNG Partners to develop a network of U.S. liquefied natural gas (LNG) production facilities.
Annual Cost for Sage Grouse Conservation: More than $290M
A pair of rules proposed by the Interior Department’s U.S. Fish and Wildlife Service (FWS) that would list as endangered the gunnison sage grouse, which is found in Colorado and Utah, and designate 1.7 million acres of critical habitat for the bird under the Endangered Species Act (ESA), would cost the two states more than $290 million annually, according to a drafteconomic analysisreleased by FWS last week.
Natural Gas Industry Increasingly Insulated from Hurricane Impacts
The 2013 Atlantic Hurricane season is deep into its second half and there has yet to be any significant threat to natural gas and oil interests in the Gulf of Mexico (GOM). But with the flood of onshore natural gas that has come out of U.S. shale plays in recent years, would a hurricane in the GOM have the same impact on prices and supply as storms have in the past?
Alaska Wants LNG Restart to Support Cook Inlet
Alaska’s Cook Inlet was thought to have been played out for natural gas development. However, recent promising producer activity there has moved the state to seek the reopening of a liquefied natural gas (LNG) export facility for fear that without it there may not be a market for the potential gas.
Plenty of Outlets for North America Gas, Says Statoil Economist
North America should find plenty of outlets for its copious natural gas reserves, but some questions need to be clarified soon, such as whether to allow manufacturers to dictate how much supply remains onshore, or whether the free market fuels an export revolution, according to Statoil ASA’s chief economist.
GDF Suez Plan May Bring Lower-Cost LNG to New England
GDF Suez Gas NA is accepting through the end of 2013 nonbinding bids for liquefied natural gas (LNG) supply from its proposed advanceLNG Project, “an initiative to provide attractively priced LNG to a wide array of customers in the U.S. Northeast,” the company said.
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TheDelaware River Basin Commission(DRBC), which has played a key role in the de facto moratorium on oil and gas drilling in the basin, will soon begin a search for a new executive director, followingCarol Collier’s announcement that she will retire March 12, 2014. Collier was sworn in as the commission’s third executive director in 1998, becoming the first woman to head an interstate-federal compact agency, according to DRBC. Prior to taking the top staff position with DRBC, Collier served as executive director forPennsylvania’s 21st Century Environment Commission, was regional director of thePennsylvania Department of Environmental Protection Southeast Regionand worked 19 years withBCM Environmental Engineers. She is currently the national president of theAmerican Water Resources Association. The multi-state commission has regulatory jurisdiction over the 13,539-square mile Delaware River watershed in Pennsylvania, New York, New Jersey and Delaware. The commission is represented by the governors of the four states, as well as a representative of theArmy Corps of Engineers.