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Aubrey McClendon, who has run Chesapeake Energy Corp. and helmed the board of directors since he co-founded the company in 1989, officially will step down as chairman of the board at some point this week.

The burgeoning development of shale gas plays in the United States “has changed the playing field for long-haul pipelines,” diminishing the need to move natural gas along traditional west-to-east routes and leaving large stretches of pipeline underutilized, according to a new report from Standard & Poor’s Ratings Services (S&P).

Officials in New Brunswick unveiled a list of more than 100 recommended changes to the province’s regulatory framework for oil and natural gas on Thursday, including tougher casing and cementing standards, increased water protections and substantially higher royalties.

Early indications point to natural gas development having a positive impact on state tax collections in counties in Pennsylvania’s Marcellus Shale region, according to an analysis by Pennsylvania State University researchers.

Well control experts succeeded in plugging a runaway Chesapeake Energy Corp. oil well that had been spewing natural gas and drilling mud since last Tuesday near the town of Douglas, WY, in part of the Niobrara Shale formation in Converse County. Workers managed to reduce the pressure and regain control by plugging the well with mud.

Well control experts succeeded in plugging Chesapeake Energy Corp.’s runaway oil well that had been spewing natural gas and drilling mud since last Tuesday near the town of Douglas, WY, in part of the Niobrara Shale formation in Converse County. Crews managed to reduce the pressure and regain control by plugging the well with mud.

Hydraulic fracturing (fracking) services that have been under pressure in North America’s natural gas basins now are seeing some of the same impacts in the liquids-rich basins, Schlumberger Ltd.’s CEO said Friday.

Last month was the warmest March since 1950 based on natural gas-weighted heating degree days (GWHDD), with decades-old temperature records falling in cities across the United States, weather analysts said Monday.

The Houston-based arm of energy giant BP plc Tuesday said it was leasing thousands of acres in a yet-to-be explored area of northeastern Ohio’s Utica/Point Pleasant Shale formation near the Pennsylvania border for future natural gas and oil production.