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Forbes U.S. Billionaires Prefer Shale

Any U.S. oil and gas wildcatter looking for a way to get on the Forbes annual Billionaires list might take a hint from some of the interests among those who made this year’s list, published Monday. They like oil and they like natural gas, and many of them especially like shale.

June 26, 2013

Pennsylvania Lures Flowserve Away From New Jersey

Oilfield services provider Flowserve Corp. will relocate some of its pump division operations from New Jersey to Pennsylvania, a 15-mile move that brings more than 100 jobs to a state much more supportive of the company’s bread and butter: oil and gas drilling.

June 17, 2013

At Least One Dead in Explosion, Fire at Williams Geismar, LA, Plant

At least one person was killed and dozens were injured, some seriously, in an an explosion and fire at the Williams Geismar Olefins plant in Ascension Parish north of New Orleans early Thursday morning.

June 14, 2013

U.S. Shale Gas Lifting E&P Proven Reserves

Onshore drilling efficiencies in domestic shale gas plays continue to increase, per-unit costs continue to fall, and together, they given a big boost to operators’ proven reserves, by one calculation.

June 14, 2013

LNG Exports Seen Viable, Not Always Lucrative

There is money to be made in exporting liquefied U.S. natural gas, but not as much as many might think, or as consistently as some might hope, according to an analysis by Raymond James & Associates.

June 10, 2013

$90/bbl Brent Crude Makes U.S. LNG Exports Economic, Analysts Say

There is money to be made in exporting liquefied U.S. natural gas, but not as much as many might think, or as consistently as some might hope, according to an analysis by Raymond James & Associates.

June 5, 2013

Southern California Gas Storage Upgrades Stall

Sempra Energy’s Southern California Gas Co. (SoCalGas) utility is still treading water on a four-year attempt to upgrade some underground storage in the region. The utility is still trying to finalize environmental reviews that wary local residents are using to question the projects.

June 3, 2013

LNG’s Opportunity in Transportation to Grow, Consultant Says

Favorable price spreads for U.S. produced liquefied natural gas (LNG) will continue for some time creating an opportunity for LNG to grow in importance in the long-haul trucking sector and other stationary operations, such as oil/gas drilling operations, according to Pace Global, a Fairfax, VA-based energy management consulting business that is part of Siemens.

June 3, 2013
Report Says CHP Scenario Could Boost U.S. NatGas Demand by 4.42 Tcf/Year

Report Says CHP Scenario Could Boost U.S. NatGas Demand by 4.42 Tcf/Year

Expanded use of combined heat and power (CHP) for making electricity could, under one scenario, boost natural gas demand in the United States by as much as 4.42 Tcf/year, according to a report commissioned by the American Gas Association (AGA).

June 3, 2013

Deep Panuke Ramp-Up By June’s End, Claims Builder

Encana Corp.’s Deep Panuke natural gas field offshore Nova Scotia, which has been in development in some form for more than 10 years, is scheduled to begin production before the end of June, according to the Dutch company that was hired to build and operate the production facility.

May 28, 2013