The sharp contraction in the Texas oil and gas economy began to ease as 2009 came to an end, but uncertainty persists about the future of the state’s energy industry with the oversupply of domestic natural gas, a petroleum economist said Tuesday.
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Contraction in Texas Petro Economy Eases; Gas Oversupply a Concern
The sharp contraction in the Texas oil and gas economy began to ease as 2009 came to an end, but uncertainty persists about the future of the state’s energy industry with the oversupply of domestic natural gas, a petroleum economist said Tuesday.
Native Groups’ Claims Impede Fort Nelson Project
A squabble has broken out in British Columbia (BC) as a sharp reminder to natural gas producers that they are treading on tricky ground as they expand supply development northwards.
Native Groups Impede Fort Nelson Project
A squabble has broken out in British Columbia (BC) as a sharp reminder to natural gas producers that they are treading on tricky ground as they expand supply development northwards.
Northeast Spikes at Odds With Overall Soft Market
Huge spikes that often well exceeded a dollar at Northeast citygates were in sharp contrast to falling prices elsewhere Thursday. Although lows would continue to be around freezing or below at many locations Friday, including some in the South, a continuing moderation of overall heating load from previous levels combined with Wednesday’s retreat of 21.6 cents by January futures to generate losses at most points.
Sage Grouse Study Argues for Less Drilling in West
Greater sage grouse habitat is declining at a sharp rate in the West, and aggressive steps need to be taken to shift away natural gas and oil development, according to a peer-reviewed study.
Sage Grouse Study Argues for Less Drilling in West
Greater sage grouse habitat is declining at a sharp rate in the West, and aggressive steps need to be taken to shift away natural gas and oil development, according to a peer-reviewed study.
ExxonMobil to Invest Millions in Algae Biofuel Research
ExxonMobil Corp. took a sharp strategic turn toward renewable energy research last week, announcing an alliance with Synthetic Genomics Inc. (SGI) to research and develop next-generation biofuels from photosynthetic algae.
ExxonMobil to Invest Millions in Algae Biofuel Research
ExxonMobil Corp. took a sharp strategic turn toward renewable energy research on Tuesday, announcing an alliance with Synthetic Genomics Inc. (SGI) to research and develop next-generation biofuels from photosynthetic algae.
Chevron’s U.S. Upstream Profits Slump 99%
Lower domestic natural gas production and a sharp reversal in commodity prices sent Chevron Corp.’s U.S. upstream earnings down 99% from a year ago, the biggest domestic decline in more than 25 years, the major reported Friday.