Quest

ExxonMobil Corp.’s quest to remain the biggest operator in the Ardmore Basin’s Woodford Shale remains on track after the super major agreed to pay $147.5 million to buy the bulk of BNK Petroleum Inc.’s leasehold in the Tishomingo Field.

After glutted markets and gutted prices for natural gas cut the cost motive, environmental anxiety still drives an accelerating Alberta quest to reduce fuel consumption by oilsands projects.

Investor groups are trying once again in their quest to require U.S. natural gas and oil producers to disclose internal plans for managing health and safety risks for, among other things, hydraulic fracturing (fracking), greenhouse gas (GHG) emissions and worker safety.

Unprecedented risks face the oil and gas industry in the coming decades in the quest for more energy supplies, but everyone should work cooperatively now to prepare for issues down the road, BP plc CEO Bob Dudley said last week.

Unprecedented risks face the oil and gas industry in the coming decades in the quest for more energy supplies, but everyone should work cooperatively now to prepare for issues down the road and possible tragedies, BP plc CEO Bob Dudley said Tuesday.

The U.S. energy sector is “at the cusp” of a structural shift, boosted by abundant shale gas and liquids, developing scarcity in domestic coal and the never-ending quest for oil, FBR Capital analysts said in a report.

The U.S. energy sector is “at the cusp” of a structural shift, boosted by abundant shale gas and liquids, developing scarcity in domestic coal and the never-ending quest for oil, FBR Capital analysts said in a new report.

Having been apparently unsuccessful in their quest to obtain information on hydraulic fracturing (hydrofracing) from well service companies, the House Energy and Commerce Committee officials now are looking to producers to provide data on the potential impacts of the well stimulation technique on human health and the environment.

Having been apparently unsuccessful in their quest to obtain information on hydraulic fracturing (hydrofracing) from well service companies, the House Energy and Commerce Committee officials now are looking to producers to provide data on the potential impacts of the well stimulation technique on human health and the environment.