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Debt Lightened, Talisman Focusing on Liquids-Rich Plays

Calgary-based Talisman Energy Inc. last year cut debt by $750 million, stabilized its balance sheet and is now focused on two core areas: the Americas and the Asia-Pacific region, said CEO Hal Kvisle.

March 7, 2013

Deepwater GOM Ventures Targeted by Private Equity

Private equity (PE) upstream investor Ridgewood Energy Corp. is partnering with a fund managed by Riverstone Holdings LLC to invest more than $550 million in a series of deepwater exploration projects in the Gulf of Mexico (GOM).

March 6, 2013

EPA Carbon Reduction Impacts Gradual, Says NRG CEO

Coal-fired plants that have not already begun to invest in back-end emission controls won’t be able to operate economically for too long into the future, but for plants already equipped with state-of-the-art controls the upcoming federal regulations to reduce carbon emissions will have a gradual impact taking up to a decade, according to NRG Energy Inc. CEO David Crane.

March 1, 2013

Oneok Partners to Expand Williston NGL Capacity

Oneok Partners LP Thursday launched plans to invest up to $500 million between now and 2015 to build additional natural gas liquids (NGL) infrastructure in some of its Midcontinent operations, with the bulk of the funds earmarked for the Williston Basin.

January 22, 2013

Most EQT Spending, Drilling in 2013 Will Target Marcellus

EQT Corp. plans to spend $1.5 billion on capital expenditures (capex), drill more than 170 wells and invest $320 million in midstream projects in 2013, according to the company’s operational forecast released Tuesday.

December 6, 2012

Methane Hydrates Research Gets $5.6M Boost from DOE

The Department of Energy (DOE) on Friday said it will invest $5.6 million in more than a dozen research projects to increase understanding of the potential of methane hydrates as an energy source.

September 4, 2012

Williams Has Big Growth Plans in West Virginia’s Northern Panhandle

Williams plans to invest $1.34 billion and create 100 jobs between now and 2014 in West Virginia’s Northern Panhandle to take advantage of unconventional natural gas growth, Gov. Earl Ray Tomblin said Thursday.

September 4, 2012

Williams Has Big Plans For West Virginia’s Northern Panhandle

Williams plans to invest $1.34 billion and create 100 jobs between now and 2014 in West Virginia’s Northern Panhandle to take advantage of unconventional natural gas growth, Gov. Earl Ray Tomblin said Thursday.

September 3, 2012

Shell Investing Big in China’s Unconventional Gas

Royal Dutch Shell plc plans to invest a minimum of $1 billion a year in unconventional natural gas exploration in China, the producer’s top China executive said this week.

August 23, 2012

Shell Buys Small-Scale LNG Industrial Supplier

Royal Dutch Shell plc, which has made huge commitments this past year to invest in North America’s abundant natural gas supplies by launching a huge export terminal in Canada and funding onshore fueling stations, on Wednesday agreed to buy out a Norwegian-based company that supplies small-scale liquefied natural gas (LNG) for the industrial and marine market.

July 12, 2012