Instead

The capital markets for U.S. exploration and production (E&P) companies “appear wide open,” with most of the available funds likely to target onshore oil instead of natural gas through 2014, Barclays Capital analysts said on Wednesday.

Oilfield services provider Flowserve Corp. will relocate some of its pump division operations from New Jersey to Pennsylvania, a 15-mile move that brings more than 100 jobs to a state much more supportive of the company’s bread and butter: oil and gas drilling.

TransCanada Corp. has been given unprecedented power to set prices for natural gas transportation and should try to make the freedom work instead of seeking even more concessions at the expense of shippers, the National Energy Board (NEB) has been told.

Americans like their natural gas molecules to be homegrown, and most of them prefer that they be kept at home instead of shipped abroad as liquefied natural gas (LNG), a recent poll by the University of Texas at Austin (UT) found. The same survey found that Republicans support hydraulic fracturing (fracking) while Democrats oppose it.

Americans like their natural gas molecules to be homegrown, and most of them prefer that they be kept at home instead of shipped abroad as liquefied natural gas (LNG), a recent poll by the University of Texas at Austin (UT) found.

John Hofmeister is a man on a mission.

Global oil and natural gas executives are optimistic about the year ahead, but instead of expanding their operations, many are using the boom times to hedge against the short-term uncertainties, according to a new survey by BDO.

Global oil and natural gas executives are optimistic about the year ahead, but instead of expanding their operations, many are using the boom times to hedge against the short-term uncertainties, according to a new survey by BDO.

A continued overcapacity in land pressure pumping services, as well as no relief in natural gas pricing, will impact Halliburton Co.’s North American business again this year, CEO Dave Lesar said Friday.