Steel manufacturer Nucor Corp. said it plans to spend more than $700 million on natural gas drilling over a two-year period to meet its contractual obligations with Encana Corp. for low-cost gas supplies.
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West Virginia Officials to Discuss Industry’s Impact on Local Roads
State lawmakers in West Virginia plan to meet in Wheeling on Thursday to discuss the impact the oil and gas industry is having on local roadways.
Interior Extends Comment Deadline for Draft Fracking Rule
Interior Secretary Sally Jewell told a Senate panel Thursday that the public comment period on the proposed hydraulic fracturing (fracking) rule would be extended by 60 days, giving producers, state regulators and environmentalists a total of 90 days to pore over the 171-page document.

Shales Supporting Enterprise Products’ Refined Products Export Plan
Enterprise Products Partners LP is developing two refined products export facilities on the U.S. Gulf Coast to meet demand for additional refined products export capability with production from shale plays backing up the supply.

Chesapeake Taps Anadarko Veteran to Succeed McClendon
Robert Douglas Lawler, 46, one of Anadarko Petroleum Corp.’s top exploration and production (E&P) executives, on Monday was named the new CEO of Chesapeake Energy Corp.
‘Enormous Challenges’ from Sequestration, Says BOEM Chief
Bureau of Ocean Energy Management (BOEM) chief Tommy Beaudreau said last week federal officials would meet their obligations regarding offshore activity, but the automatic sequestration imposed by Congress is presenting “enormous challenges.”
BOEM Chief: Sequestration Presenting ‘Enormous Challenges’
Bureau of Ocean Energy Management (BOEM) chief Tommy Beaudreau said Wednesday federal officials would meet their obligations regarding offshore activity, but the automatic sequestration imposed by Congress is presenting “enormous challenges.”
Use Science, ‘Not Supposition’ for Rules: ConocoPhillips Chief
ConocoPhillips CEO Ryan Lance on Tuesday called on his colleagues to make the case for “smart” regulations and government collaboration to ensure the shale revolution is not suppressed by uninformed critics.
Portion of Trunkline Could Be Bakken Oil Bridge to Gulf
Enbridge Inc. and Energy Transfer are planning to develop a pipeline to carry crude oil from Western Canada and the Bakken Shale, by way of the Patoka, IL, hub to the eastern Gulf Coast in a project that would convert portions of the Trunkline Gas Co. LLC natural gas system to oil service.
Nebraska Gov. OKs New Keystone XL Pipeline Route
Nebraska Gov. Dave Heineman on Tuesday approved a revised route for the northern portion of TransCanada Corp.’s proposed Keystone XL oil pipeline that would run through his state. He notified both President Barack Obama and Secretary of State Hillary Clinton of his decision in a joint letter.