Chimera’s Non Hydraulic Extraction System Still Under Fire

Chimera Energy Corp., which had seen its stock price increase substantially this summer based on its claims of a deal with Mexico’s state-owned petroleum company, has since lost both its CEO and almost all of its stock value in the wake of concerns about the accuracy of many of the company’s statements.

November 20, 2012

California Governor to Examine Fracking More Closely

California Gov. Jerry Brown said last Friday that he plans to take a closer look at the oil/gas industry’s use of hydraulic fracturing (fracking) in the state, speaking at a renewable energy conference at the University of California, Santa Barbara, and to news media afterwards.

March 27, 2012

Colorado: Jurisdiction Battle Over Fracking Unfolds

With at least two cities having passed ordinances banning hydraulic fracturing (fracking) until local rules for it can be established, state legislation has been proposed (SB 88) to reiterate that the Colorado Oil and Gas Conservation Commission (COGCC) has jurisdiction to oversee the practice by oil/gas exploration and production (E&P) companies.

February 15, 2012

Quicksilver in Hunt for Horn River Upstream Partner

After securing a natural gas midstream partnership in the Horn River Basin with Kohlberg Kravis Roberts & Co. (KKR), Quicksilver Resources Inc. now is pursuing a partnership to develop its upstream leasehold, executives said Thursday.

January 6, 2012

Range Sues Pennsylvania Township Over Zoning

Range Resources Corp. is taking a southwestern Pennsylvania township to court over zoning in the Marcellus Shale.

January 4, 2012

Chevron CEO: U.S. Shale to Transform ‘Energy Equation’

By 2020 exploration and development across the Marcellus Shale could generate more than $6 billion in federal, state and local tax revenue and employ up to 300,000 people across the region, according to Chevron Corp. CEO John Watson.

September 7, 2011

August Higher But Still in a Trading Range

August natural gas made it four in a row and continued to march higher Wednesday, prompted by reports showing extended heat over the eastern two-thirds of the country. At the closing bell August had risen 7.0 cents to $4.403 and September had tacked on 7.5 cents to $4.387. August crude oil rose 62 cents to $98.05/bbl.

July 14, 2011

Transportation Notes

Neither Pacific Gas and Electric nor Southern California Gas extended high-linepack OFOs beyond Saturday.

May 24, 2011

Transportation Notes

Neither Southern California Gas nor Pacific Gas and Electric extended high-linepack OFOs beyond Saturday.

May 10, 2011

Transportation Notes

Neither Southern California Gas (SoCalGas) nor Pacific Gas and Electric extended their high-linepack OFOs beyond Saturday.

March 8, 2011
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