While future U.S. exports of liquefied natural gas (LNG) depend on decisions by the federal government, the ultimate volumes and prices involved will be driven by the global natural gas market, which is rapidly being reshaped, according to a report released Wednesday by a professor at Rice University’s Baker Institute for Public Policy.
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Pennsylvania Marcellus Law Ruling Expected Within A Month
Attorneys involved with a legal challenge to portions of Act 13, Pennsylvania’s new omnibus Marcellus Shale law, say a decision by the state’s Commonwealth Court could come within a month and will have far-reaching consequences regardless of which way the court rules.
Pennsylvania Ruling on Marcellus Expected Soon
Attorneys involved with a legal challenge to portions of Act 13, Pennsylvania’s omnibus Marcellus Shale law, say a decision by the Commonwealth Court could come within a month and will have far-reaching consequences regardless of which way the court rules.
Petronas-Progress Combo to Deliver Canadian Shale Gas to the World
Malaysian national oil company Petronas plans to combine its liquefied natural gas (LNG) expertise with the unconventional resources abilities of Calgary-based Progress Energy Resources Corp. by acquiring Progress in a deal worth C$5.5 billion including debt. The combined enterprise would deliver Canadian natural gas to world markets.
Pennsylvania Data Shows Shift to Wet Gas, Top Operator Shuffle
Operators in Pennsylvania spud fewer Marcellus Shale gas wells last month than the year before, shifted their focus to counties in wetter areas of the play and saw turnover at the top in terms of most wells spud, data from the state Department of Environmental Protection (DEP) shows.
Environmental Group: Go-Slow Approach Right for Oil Shale
The U.S. Bureau of Land Management (BLM) has the right idea with its measured approach to oil shale production in the western United States given the risks involved, according to a white paper by sustainability advocate Ceres.
Illinois Looks at Fracking, Possible Shale Development
Shale talk and action are both picking up in Illinois as oil/gas exploration and production (E&P) companies and state officials are getting more involved in the fields and in the state capital in Springfield. As the energy companies seek more leases from farmers, the lawmakers have a proposed state law (SB 3280) covering hydraulic fracturing (fracking).
Report: States Not Prepared for Water Scarcity
A majority of states, including many deeply involved in shale development, are not preparing for the ways a changing climate might impact future water supplies, according to a new report from the National Resources Defense Council (NRDC).
Idaho Proposes New Oil, Gas Rules
A state lower house committee in the Idaho legislature last Tuesday approved a new set of rules for the oil/gas industry. The House Resources and Conservation Committee voted 16-1 in favor of the new rules that were hammered out with the industry and other stakeholders.
Industry Briefs
Air Liquide Industrial US LP plans to build an air separation unit in northwestern North Dakota to supply nitrogen to industrial customers, specifically those involved in growing Bakken Shale operations. The unit is expected to be operational by the end of 2012. The French company supplies gases that include nitrogen and carbon dioxide to North American producers to support drilling operations and increase resource recovery. “We are positioning ourselves to better serve existing customers and to capture new business opportunities in North Dakota, especially in the Bakken oil reserves,” said Air Liquide’s Mark Lostak, president of the company’s U.S. arm. “The potential throughout this region is significant, and we are prepared to meet the growing demand for nitrogen to develop these important domestic energy resources.”