More than 800 Chesapeake Energy Corp. employees were laid off last week as CEO Doug Lawler continued to make over the company that Aubrey McClendon built (see related story).
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Harrison County, OH, Leases Industrial Park Acres to CBM Producer
Officials in Harrison County, OH, have agreed to lease more than 300 acres of the county’s industrial park for Utica Shale oil and gas drilling.
Santa: Economic Incentive ‘Heart of the Problem’ in New England
The coordination of natural gas and electricity markets is a regional effort that can’t be accomplished by just one side or the other, and it remains unclear who will pay for necessary infrastructure across the region, according to Don Santa, president of the Interstate Natural Gas Association of America (INGAA).
Collapse in Natural Gas Drilling No Threat to Marcellus
The rig count may be half of what it was a year ago, but Northeast dry natural gas output just keeps getting stronger.
North Dakota Lawmakers Seek Long-Term Oil Policy
With a seemingly ever-increasing mother lode of crude oil from the Bakken Shale play, North Dakota lawmakers have embarked on a process for developing a long-term strategy regarding state revenues and taxation of the oil industry. An initial review of bidders to help in mapping the strategy is set for Oct. 31.
LNG Export Project Targets Smaller Customers
Annova LNG LLC has filed with the U.S. Department of Energy (DOE) for authorization to export domestically produced liquefied natural gas (LNG) to customers that are too small to buy from larger liquefaction and export projects.
Economic, Climate Benefits of Shale Gas Questioned
Unconventional natural gas in the onshore likely will keep U.S. prices low until 2020, but it may not translate to climate benefits or an improved economy, according to an elite group of industry, academic and scientific experts.
With EIA Storage Dark, Industry Estimates To Stand In?
In the wake of the news Friday that the Energy Information Administration (EIA) would cease operations and furlough its staff thanks to the U.S. Government shutdown, traders and analysts are waiting to see how the natural gas futures market deals with the lack of a weekly storage inventory update.
Rockies Gas Poised for Resurgence
The Marcellus Shale and other shale plays may continue to lead the U.S. natural gas renaissance in the near term, but the Rockies are primed for a resurgence later in this decade, a WPX Energy Inc. executive said last week.
EIA Shuts Down Operations, Furloughs Staff
The U.S. Department of Energy’s (DOE) Energy Information Administration (EIA), one of the few governmental agencies that was able to stay open during the beginning days of the shutdown because it had reserve funds, said it would cease operations and furlough its staff at the end of the day Friday.