Significantly

The energy security risks of the United States worsened significantly in 2010, but shale gas has the potential to improve the security of natural gas supplies and lower energy costs, according to the second edition of an annual report by the U.S. Chamber of Commerce’s Institute for 21st Century Energy.

The energy security risks of the United States worsened significantly in 2010 and could remain uncomfortably high for the next 25 years without changes to “a bewildering set of energy policies and layers of complex regulations,” according to the second edition of an annual report by the U.S. Chamber of Commerce’s Institute for 21st Century Energy.

Australia’s BHP Billiton Ltd. has offered to buy shale patch pioneer Petrohawk Energy Corp. for $12.1 billion in a deal that would more than double unit BHP Billiton Petroleum’s resource base and grow proved reserves by about 30%, it said. Petrohawk shares took flight on the news as investors also delivered uplift to a flock of the company’s peers.

In the wake of the Macondo well blowout in the Gulf of Mexico (GOM), the region has become significantly less attractive for gas and oil investment , according to the Fraser Institute’s Global Petroleum Survey 2011 of energy executives.

In the wake of the Macondo well blowout in the Gulf of Mexico (GOM), the region has become significantly less attractive for gas and oil investment , according to the Fraser Institute’s Global Petroleum Survey 2011 of energy executives.

FERC Administrative Law Judge (ALJ) Michael J. Cianci Jr. has been tapped to hear the Section 5 complaint case in which Tuscarora Gas Transmission is accused of significantly overrecovering its cost of service, thus making its current transportation rates “unjust and unreasonable.”

FERC last Tuesday set for hearing a Section 5 complaint accusing Tuscarora Gas Transmission of significantly overrecovering its cost of service, making its current transportation rates “unjust and unreasonable.”

FERC Tuesday set for hearing a Section 5 complaint accusing Tuscarora Gas Transmission of significantly overrecovering its cost of service, making its current transportation rates “unjust and unreasonable.”

CenterPoint Energy Inc. said Thursday its natural gas gathering volumes rose significantly during the first quarter, with shale gas accounting for most of the total as traditional basins fell. The company also continued to make progress on gathering systems in the Haynesville Shale.