Successfully

Independent oil and natural gas producers Monday called on the Obama administration to meet with them face-to-face to discuss their concerns with the federal government’s proposed rule on hydraulic fracturing (fracking).

Natural gas continues to be the fuel of choice for new power plant builds. Panda Power Funds’ Affiliate Panda Temple Power LLC has successfully completed financing on its planned 758 MW gas-fired, combined-cycle power plant in Temple, TX.

Lower prices for oil and natural gas liquids have led to softening in drilling services markets and caused Pioneer Drilling Co. to dial down its operations guidance for the second quarter, the company said Monday. However, the Permian Basin of West Texas and the Bakken Shale offer some bright spots.

To successfully reduce the United States’ dependence on fuels from outside North America the country “must encourage development” of Canadian oilsands and mitigate the additional carbon dioxide emitted during the sands’ extraction and refinement by “promoting the replacement of coal with gas in electricity generation,” according to a new study by Rice University’s Baker Institute for Public Policy.

When North American operators successfully used technology to tap into unconventional onshore natural gas reserves, it triggered a shift in the markets that has upended activity around the world, but where it leads is still a question to be answered, two long-time market watchers said last Thursday.

When North American operators successfully used technology to tap into unconventional onshore natural gas reserves, it triggered a shift in the markets that has upended activity around the world, but where it leads is still a question to be answered, two long-time market watchers said Thursday.

When North American operators successfully used technology to tap into unconventional onshore natural gas reserves, it triggered a shift in the markets that has upended activity around the world, but where it leads is still a question to be answered, two long-time market watchers said Thursday.

Halcon Resources Corp., run by the former chief of shale powerhouse Petrohawk Energy Corp., and GeoResources Inc. have agreed to merge in a cash-and-stock transaction worth an estimated $1 billion. The combined company would have an onshore portfolio of opportunities across the Midcontinent, with a core area in the Bakken Shale.

In its final rule to eliminate harmful air pollution from oil and natural gas production, the U.S. Environmental Protection Agency (EPA) on Wednesday extended the deadline for full compliance from 60 days to two-and-a-half years — 2015 — which officials said was a “reasonable” time.