The increased role of global players and the use of long-term contracts may bring more stability to North America’s natural gas market and offer a chance for a balanced market before the end of the decade, according to consulting firm A.T. Kearney.
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Freeport-McMoRan Copper & Gold on Wednesday returned to its U.S. energy roots with a $9 billion cash-and-stock offer to buy Plains Exploration & Production Co. (PXP), a leading unconventional producer, and McMoRan Exploration Co.
The Boulder County, CO, planning commission on Tuesday proposed to offer exploration and production (E&P) operators an option of expedited oil and natural gas drilling permits in return for meeting stricter environmental standards. An industry association spokesman told NGI’s Shale Daily they favored existing state mechanisms over the county proposal.
Columbia Gas of Ohio outlined a possible exit scenario from its merchant function as part of its standard choice offer (SCO) auction process, recently filed with the Public Utilities Commission of Ohio (PUCO).
Columbia Gas of Ohio outlined a possible exit scenario from its merchant function as part of its standard choice offer (SCO) auction process, filed with the Public Utilities Commission of Ohio (PUCO) last week.
The Natural Resources Defense Council (NRDC), a major environmental group, Wednesday launched a project that would offer communities and towns a helping hand in blocking hydraulic fracturing (fracking). The effort would extend to five states, but the focus would be on Pennsylvania and Ohio, where fracking is most pervasive.
Asian markets offer the best financial outlet for the abundant natural gas supplies in British Columbia (BC), the Canadian Energy Research Institute (CERI) has concluded in a new report.
As part of the Obama administration’s “all-of-the-above energy strategy,” Interior Secretary Ken Salazar last week said the agency will offer more than 20 million acres offshore Texas for oil and natural gas exploration and development in a year-end lease sale that will include all of the available unleased areas in the Western Gulf of Mexico (GOM) Planning Area.