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Chesapeake Energy Corp. said Friday it will immediately resume completion operations in Pennsylvania, a little more than three weeks after voluntarily suspending them following a well blowout in the northeast part of the state.

Chesapeake Energy Corp. said Friday it will immediately resume completion operations in Pennsylvania, a little more than three weeks after voluntarily suspending them following a well blowout in the northeast part of the state.

Chesapeake Energy Corp. announced Friday it will immediately resume completion operations in Pennsylvania, a little more than three weeks after voluntarily suspending them following a well blowout in the northeast part of the state.

Participants in the Canadian energy industry are signaling that its switch of drilling targets to oil and natural gas liquids (NGL) will continue and accelerate.

Proposals to tax production of the Marcellus Shale continue to pile up in Pennsylvania.

Linn Energy LLC said Monday it plans to acquire a 40% interest in oil and gas properties from two privately held companies — Tulsa-based Panther Energy Company LLC and Perryton, TX-based Red Willow Mid-Continent LLC — as it looks to expand in the Anadarko Basin and capitalize on Panther’s expertise in horizontal drilling.

June natural gas futures showed little movement as traders see a market driven by short-covering by funds and managed accounts rather than any fundamental development that could provide a sustainable base for further gains. By the end of the day June had eased half of a penny to $4.693 and July had risen two-tenths of a penny to $4.763. June crude oil dropped 41 cents to $113.52/bbl.

Hydraulic fracturing (fracking) has been around for decades with little or no environmental problems, and it is a key to the nation’s energy independence through stepped up use of plentiful natural gas supplies in transportation, oilman-turned-clean transportation advocate T. Boone Pickens told a National Press Club luncheon Tuesday in which he tackled a wide-ranging set of energy, environmental and political issues with fellow billionaire and CNN founder Ted Turner.

Hydraulic fracturing (fracking) has been around for decades with little or no environmental problems, and it is a key to the nation’s energy independence through stepped up use of plentiful natural gas supplies in transportation, oilman-turned-clean transportation advocate T. Boone Pickens told a National Press Club luncheon Tuesday in which he tackled a wide-ranging set of energy, environmental and political issues with fellow billionaire and CNN founder Ted Turner.