Laid

Wyoming Gov. Matt Mead laid down the gauntlet Tuesday to a proposal by the U.S. Interior Department to withhold payment of mineral revenues to his state because of federal sequestration. Wyoming is faced with not receiving more than $53 million due this month through July.

Royal Dutch Shell plc’s management team laid out its strategy plan last week, which remains laser focused on global natural gas.

Royal Dutch Shell plc’s management team laid out its strategy plan on Wednesday, which will continue to be focused on global natural gas.

In a pair of deals announced Thursday, Seneca Resources Corp., the exploration and production unit of National Fuel Gas Co., laid out plans to continue shifting its Marcellus Shale drilling rigs from diesel fuel to liquefied natural gas (LNG).

In an order issued Wednesday involving Chestnut Ridge Storage LLC, FERC laid out guidance on when and when it won’t grant requests to extend deadlines for completing projects.

Chesapeake Energy Corp., which continues to shed assets or secure partners to pare debt, late Monday laid plans to launch its diverse onshore oilfield services unit through an initial public offering (IPO), but the separate company would continue to be closely tied to its main customer, the Oklahoma City-based producer.

Nexen Inc., whose portfolio is spread across North America and overseas, on Tuesday laid out its 2012 strategy, which includes new drilling in the Gulf of Mexico (GOM) and taking as a partner Japan’s largest exploration and production (E&P) company to ramp up unconventional natural gas development in northeastern British Columbia (BC).

U.S. shale natural gas production today is half the size of the global liquefied natural gas (LNG) business, which doesn’t bode well for those with designs on imports but is a positive for proposed export facilities, the Houston-based chief of Gazprom Marketing & Trading USA (GM&T) said Monday.

For the first time since Order 636 laid out open access transportation FERC has called the pipeline industry to account, setting three of its members for rate investigations, saying that preliminary study shows they may be over-recovering costs and their rates may no longer be just and reasonable.