Energy industry experts on Tuesday urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.
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Interior, Coast Guard Investigate ‘Light Sheen’ in GOM Deepwater
The Department of Interior’s Bureau of Safety and Environmental Enforcement was “taking steps” Thursday to identify the source of a “light sheen” sighted in the central Gulf of Mexico (GOM) said to be about 10 square-miles-long. The sheen was reportedly spotted near the Mars and Ursa deepwater production units, both operated by Royal Dutch Shell plc.
Coal Mine Methane ‘Renewable’ Under Proposed Colorado Legislation
A bill being considered by the Colorado Senate (HB 1160) would make coal mine methane (CMM) gas a renewable source of electricity generation under the state’s renewable energy standard (RES).
API Study: EPA New Source Standard Could Cripple Drilling
Natural gas and oil drilling could be slowed by the U.S. Environmental Protection Agency’s (EPA) proposed New Source Performance Standards, resulting in less production and royalties, according to a study funded by the American Petroleum Institute (API) that was released Friday.
Williams Project Would Move Marcellus Gas East
The Marcellus Shale is the eastern United States’ new natural gas supply source of choice, and Williams is in the process of developing a new pipeline to connect supply with market via its existing Transcontinental Gas Pipe Line (Transco).
Williams Project Would Move Marcellus Gas East
The Marcellus Shale is the eastern United States’ new natural gas supply source of choice, and Williams is in the process of developing a new pipeline to connect supply with market via Williams’ existing Transcontinental Gas Pipe Line (Transco).
Williams Planning Eastbound Marcellus Outlet
The Marcellus Shale is the eastern United States’ new natural gas supply source of choice, and Williams is in the process of developing a new pipeline to connect supply with market via Williams’ existing Transcontinental Gas Pipe Line (Transco).
ExxonMobil: North American Energy Imports ‘Nearly Zero’ by 2040
Because of the abundance of natural gas and oil now being unearthed in North America, energy imports into the United States and Canada will steadily decline and be “down to almost zero” by 2040, an ExxonMobil Corp. executive said Thursday.
LNG May Become Second Largest Energy Source, Says ExxonMobil CEO
Liquefied natural gas (LNG) by 2040 may replace coal as the second largest global energy source, ExxonMobil Corp. CEO Rex Tillerson said in Qatar this week.
German Renewable Push Drives More Gas Interest
With nuclear power generation being phased out and coal considered too inflexible, natural gas as a source of electricity generation is drawing increased interest in Germany to balance its national grid, which is rapidly moving toward total reliance on renewable sources for power generation.