Soon

In a report forwarded to Congress Thursday, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) said it was far too soon to determine whether there were no “gaps or inconsistencies” between the U.S. and international regulation of the multi-trillion dollar derivatives market.

In light of the natural gas supply revolution in the United States, four energy experts told a Senate energy panel Tuesday that they support the export of liquefied natural gas (LNG).

Royal Dutch Shell plc soon plans to launch a natural gas-to-liquids (GTL) business in the United States, a company executive said in Houston on Thursday.

A report soon to be filed with the Pennsylvania Department of Environmental Protection (DEP) by Cabot Oil and Gas Corp. indicates that none of the allegations made against the company by a whistle blower “are resulting in any impact to health or human safety,” Cabot spokesman George Stark told NGI’s Shale Daily. Scott Ely, a former employee of Cabot subsidiary GasSearch Drilling Services (GDS), has alleged that the company failed to report drilling wastewater spills and other mishaps in Susquehanna County, PA, during his two years at GDS. The report, which is in the hands of Cabot’s attorneys, will probably be handed over to DEP by the end of the month, Stark said. Ely was one of the 20 plaintiffs in a complaint against Cabot and the DEP which was settled when an Environmental Hearing Board judge on Wednesday refused to force the company to continue water deliveries in Dimock Township, PA (see Shale Daily, Dec. 2).

A coalition of environmental groups has called on the Obama administration to issue an executive order directing the government to adopt as soon as possible the Secretary of Energy Advisory Board (SEAB) subcommittee on shale gas production’s recommendations that apply to federal agencies.

A coalition of environmental groups has called on the Obama administration to issue an executive order directing the government to adopt as soon as possible the Secretary of Energy Advisory Board (SEAB) subcommittee on shale gas production’s recommendations that apply to federal agencies.

Less than three months ago, Norse Energy Corp. ASA was the first company in line seeking permission to drill unconventional gas wells in New York’s portion of the Marcellus and Utica shales.

Abundant natural gas liquids (NGL) and crude oil growth have led to dozens and dozens of new infrastructure projects for both the United States and Canada, and they can’t come soon enough, according to energy analysts.

The United States is the undisputed leader in the development of unconventional natural gas resources. However, much of the rest of the world is on to the shale gas promise and will soon be exploiting its reserves, according to a new analysis by Douglas-Westwood.