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ExxonMobil Corp. investors have been a little antsy about all of the capital investments over the past five years with seemingly little to show for it, CEO Rex Tillerson said last week. He acknowledged that a lot of money has been invested in projects yet to bear fruit and said the company’s forecast on U.S. natural gas prices didn’t hit the mark.

Global buyers of liquefied natural gas (LNG) will increasingly turn to the United States, casting a shadow over Australia’s LNG industry, at least temporarily, said Wood Mackenzie’s Andrew McManus, head of the firm’s upstream consulting business in Australia.

ExxonMobil Corp. investors have been a little antsy about all of the capital investments over the past five years with seemingly little to show for it, CEO Rex Tillerson said Wednesday.

Global buyers of liquefied natural gas (LNG) will increasingly turn to the United States, casting a shadow over Australia’s LNG industry, at least temporarily, said Wood Mackenzie’s Andrew McManus, head of the firm’s upstream consulting business in Australia.

With continued uncertainty over whether a large nuclear generation plant will ever return to service, Southern California Edison Co. (SCE) officials on Friday said summer power supplies will be adequate throughout Southern California. Up to three new or upgraded natural gas-fired plants in the region. totaling more than 1,800 MW, are due to start operations by the end of summer, they said

A coalition of conservation groups on Thursday filed a 60-day notice of intent to sue the federal Bureau of Land Management (BLM) over its amending of 10 resource management plans (RMP) earlier this year to open more than 800,000 acres for future oil shale and tar sands leasing.

Oil and natural gas producers still are poring over the 171-page draft rule governing hydraulic fracturing (fracking) activities on public lands, and while proponents and opponents agree that some concessions were made by the agency in the latest rule to avoid duplication of state and tribal fracking requirements, they say BLM could have gone further.

Since the latter half of last year, Swift Energy Co. has been directing Eagle Ford drilling at a narrower section of the lower Eagle Ford with more precision than previous drilling, and it’s been paying off, said CEO Terry Swift.

Contrary to a media report, there is no time frame for when a subsidiary of Royal Dutch Shell plc will make a decision over whether to build a proposed “world scale” ethane cracker in western Pennsylvania, state and company officials told NGI’s Shale Daily.