The majority of Pennsylvania’s Marcellus Shale drilling law is just starting to go into effect, but two state lawmakers are already proposing tweaks, one small and one large.
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Articles from Large
ConocoPhillips U.S. Growth Linked to Liquids, Says Incoming CEO
ConocoPhillips will say goodbye to the ranks of Big Oil and move to the top of the North America’s pure-play explorers list at the end of this month, with a U.S. focus on liquids-rich opportunities, the incoming CEO said Monday.
April 17, 2012
Volumes Key to LNG Export Impact, Researcher Says
Even though he has suggested that a large amount of U.S. liquefied natural gas (LNG) exports could eventually jack up Henry Hub prices by as much as $1.40/Mcf by 2018, Robert Brooks, a founder of RBAC consultants in Los Angeles, told NGI Thursday there is great uncertainty surrounding any such predictions.
March 5, 2012
E&Ps to Slash Dry Gas Capex, Moody’s Says
Continuing low prices, which have resulted in large part from an oversupply of natural gas, will prompt exploration and production (E&P) companies to cut dry gas capital expenditures (capex) by nearly 40% this year, Moody’s Investors Service said Friday.
February 22, 2012
Tax Break Bill Could Help Pennsylvania Lure Ethane Cracker
A state official said a bill advancing in the Pennsylvania General Assembly that offers tax breaks to large businesses could also be used to help the state lure an ethane cracker and the thousands of jobs it would provide.
February 6, 2012
Majority Softness Again Includes Northeast Spikes
Looking much like the previous day’s market, prices fell at a large majority of points Friday while soaring at several Northeast citygates. The main difference was that all of Thursday’s Northeast gains were less than a dollar, but on Friday several were in triple digits.
January 17, 2012
Hess Spending Big Chunk of 2012 Capex in GOM Deepwater
Hess Corp. announced Thursday that it would spend $6.8 billion in global capital expenditures (capex) in 2012, including a large portion on drilling in the deepwater Gulf of Mexico (GOM).
January 17, 2012
Hess Steers ’12 Capex To Deepwater GOM, Shales
Hess Corp. announced Thursday that it would spend $6.8 billion in global capital expenditures (capex) in 2012, including a large portion on drilling in the deepwater Gulf of Mexico (GOM).
January 16, 2012
Shale-Driven Low Gas Prices Reorder Power Sector
Shale-inspired historic low prices for natural gas are reconfiguring the electricity generation sector, particularly for renewable or clean power, according to Sacramento, CA-based consultant/independent power entrepreneur Mark Henwood. The market is beginning to notice what Henwood called “this rapid shift in natural gas economics.”
January 9, 2012
Most Points See Sizeable Dips; Northeast Mixed
Trends toward milder temperatures prompted price declines at a large majority of points Friday. The bearish weekend impact of reduced industrial load was heightened by the Christmas holiday being taken off Monday.
December 27, 2011
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