Pennsylvania has a “well managed” and professional” regulatory program for oil and gas operations in the state, but should make four specific changes to how it regulates hydraulic fracturing (fracking), according to a report by the nonprofit State Review of Oil and Natural Gas Environmental Regulations Inc. (Stronger).
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Natural Gas Surplus Prompts Goldman to Cut Price Forecast
Dry natural gas production in the United States, boosted by stronger pipeline flows from the Marcellus Shale, led Goldman Sachs analysts last week to revise their forecasts down for prices and lift expectations for end-of-summer storage levels.
Higher Natgas Output Prompts Goldman to Cut Price Forecast
Dry natural gas production in the United States, boosted by stronger pipeline flows from the Marcellus Shale, led Goldman Sachs analysts on Monday to revise their forecasts down for prices and lift expectations for end-of-summer storage levels.
Wyoming, Canada Energy Ties Run Deep, Governor Says
From oil sands to coal ports to liquefied natural gas (LNG) engines, Wyoming’s energy ties to Canada are strong and should get stronger, Gov. Matt Mead said Friday, previewing a week long (June 12-19) trip north of the border to expand trade relations that now account for $2 billion annually.
Wattenberg, Marcellus Lift Anadarko Volumes
Stronger-than-expected natural gas output from the Marcellus Shale and huge liquids growth from the Greater Wattenberg Field in Colorado contributed to record volumes by Anadarko Petroleum Corp. in the first three months of 2013.
Wattenberg Oil, Marcellus Gas Lift Anadarko Onshore Output
Strong liquids and oil growth from the Greater Wattenberg Field in Colorado, and stronger-than-expected natural gas output from the Marcellus Shale, contributed to record volumes in the first quarter by Anadarko Petroleum Corp.
General Electric’s Bet on Energy Paying Off
General Electric’s (GE) ever-larger bet on energy, particularly the oil and natural gas equipment sector, appears to be paying off as the industrial conglomerate on Friday reported stronger-than-expected profits for 4Q2012.
Dealmaking Seen Stronger in 2013
U.S. oil and gas merger and acquisition (M&A) activity will be stronger this year as companies attempt to position themselves for higher prices and increased demand, according to a nationwide survey of CFOs at 100 exploration and production companies.
BDO: Expect M&A Dealmaking to Remain Strong in 2013
U.S. oil and gas merger and acquisition (M&A) activity will be stronger this year as companies attempt to position themselves for higher prices and increased demand, according to a nationwide survey of CFOs at 100 exploration and production companies.
Broad Rally Offsets Pockets of Northeast Weakness; Futures Gain
Natural gas cash prices added a little more than a nickel on average Monday with most points following the stronger screen, but California quotes rose as a mini cold snap enveloped the area along with some temporary outages.