Result

California regulators Thursday approved a 50% increase in the working capacity of one of the state’s largest merchant-based underground natural gas storage facilities, Wild Goose Storage LLC, which is about 50 miles north of Sacramento.

SandRidge Energy Inc. founder Tom Ward, the former chairman and CEO, was replaced Wednesday by the board of directors, which said its decision was “in the best interests of the company and its shareholders at this time.”

Two people have now died as a result of Thursday morning’s explosion at the Williams Geismar, LA, olefins plant in Ascension Parish.

Political enthusiasm for liquefied natural gas (LNG) exports reigns supreme in British Columbia (BC) as a result of the provincial election held last Tuesday.

Political enthusiasm for liquefied natural gas (LNG) exports reigns supreme in British Columbia (BC) as a result of the provincial election held Tuesday.

The across-the-board budget sequestration cuts, which began in March, will result in a considerable reduction in the number of oil and natural gas permits processed and leases issued annually, according to a new report by Democrats on the House Appropriations Committee Wednesday.

Although overall month-over-month totals were down, production rates set all-time high marks for oil and natural gas in February in North Dakota, state officials reported Tuesday.

The Marcellus Shale today is the largest U.S. natural gas production region, with output of more than 7 Bcf/d, which has led to a “significant, positive” impact on early movers, but some operators continue to underperform share-wise in the play, according to IHS Inc.

While Mexico’s gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, state officials and some exploration and production (E&P) companies are maintaining interest in the state’s overall oil, liquids and gas businesses.