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Shale Gas, Oil ‘Globally Abundant,’ EIA Says

Estimated global shale gas and shale oil resources represent 32% of the world’s natural gas and 10% of the world’s crude oil technically recoverable resources, according to an assessment released last week by the U.S. Energy Information Administration (EIA).

June 17, 2013
Shale Gas, Oil ‘Globally Abundant,’ EIA Says

Shale Gas, Oil ‘Globally Abundant,’ EIA Says

Estimated global shale gas and shale oil resources represent 32% of the world’s natural gas and 10% of the world’s crude oil technically recoverable resources, according to an assessment released Monday by the U.S. Energy Information Administration (EIA).

June 11, 2013

Commodity Group Seeks to Reinstate Spec Limits

An alliance of organizations that represent commodity-dependent industries, businesses and end-users has asked a federal court in Washington, DC, to reverse an earlier decision tossing out the Commodity Futures Trading Commission’s (CFTC) controversial rule limiting excessive speculation in the multi-trillion swaps market.

April 29, 2013

Report: NGVs Won’t Spike Natural Gas Prices in 2025

Natural gas vehicles (NGV) will represent just 2% of the overall demand for natural gas in the United States by 2025, making them unlikely to cause a spike in natural gas prices, according to a report by the American Clean Skies Foundation (ACSF).

April 15, 2013

ACSF: NGVs Only 2% of U.S. Gas Demand in 2025

Natural gas vehicles (NGV) will represent just 2% of the overall demand for natural gas in the United States by 2025, making them unlikely to cause a spike in natural gas prices, according to a report by the American Clean Skies Foundation (ACSF).

April 15, 2013

Murkowski, Landrieu Propose Bill to Share Offshore Energy Revenue

Sens. Mary Landrieu (D-LA) and Lisa Murkowski (R-AK), who represent major offshore oil and natural gas producing states, are expected to introduce legislation Wednesday aimed at capturing a greater share of the revenues for the coastal states.

March 20, 2013

EMG Increases Capital Contribution to Utica Midstream Venture

Based on success to date in developing a midstream system in the Utica Shale, The Energy & Minerals Group (EMG) said it plans to spend an additional $450 million for its joint venture (JV) with MarkWest Energy Partners LP.

February 7, 2013

Texas Producers Using, Recycling More Water

An update conducted last year of a Texas water use study found that oil and gas producers are using more water for hydraulic fracturing (fracking), but they’re also recycling more, making it important to distinguish between water “use” and “consumption.”

January 18, 2013

Shell Exec Sees Asia as NatGas Sponge

Asia will represent the “lion’s share” of natural gas demand growth in the coming years, Royal Dutch Shell plc’s Marvin Odum, director of the America’s upstream business, told a Washington, DC, audience last week.

June 18, 2012

Shell Exec: Asia to Be North America’s NatGas Sponge

Asia will represent the “lion’s share” of natural gas demand growth in the coming years, Royal Dutch Shell plc’s Marvin Odum, director of the company’s America’s upstream business, told a Washington, DC, audience last week.

June 12, 2012
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