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The “unexpected expansion” of natural gas markets around the world from growing unconventional resources and a combination of industry changes, will require an “epic” response by the industry to grow and prosper, according to think tank Chatham House.

The “unexpected expansion” of natural gas markets around the world from growing unconventional resources and a combination of industry changes, will require an “epic” response by the industry to grow and prosper, according to UK-based think tank Chatham House.

Gasfrac Energy Services Inc., which has been attempting to build market share in the U.S. hydraulic fracturing (fracking) market with its waterless technology, on Tuesday said CEO Zeke Zeringue and COO Steve Batchelor have left the company, and an operational review and management restructuring have begun.

The Pennsylvania Public Utility Commission (PUC) said Monday that natural gas producers have paid most of about $206 million owed under the drilling impact fee enacted under Act 13, surging past the $180 million the state thought it would take in this year from its new omnibus Marcellus Shale law.

Natural gas liquids (NGL) drilling has begun to deteriorate in some U.S. basins, Baker Hughes Inc. CEO Martin Craighead said Friday.

After hundreds of years of being the dominant source for electrical power generation, separate reports by the commodity analysts and the media say the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.

Global oil production capacity increases, especially from unconventional U.S. oil, are accelerating so quickly that output could jump almost 20% by 2020, which could dramatically reduce and possibly collapse oil prices, according to an analysis by a Harvard Kennedy School researcher and former oil industry executive.

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.

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.