Sen. Bob Casey (D-PA) reintroduced legislation on Tuesday to increase regulations on hydraulic fracturing (hydrofracking), but the new bill is entering a different world than its predecessor.
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Encana CEO Interested in Expanding, Creating LNG Export Market
Encana Corp.’s management team is “very interested in the expansion and the creation” of a liquefied natural gas (LNG) export market from North America and would support the efforts of new joint venture (JV) partner PetroChina International Ltd. to make it happen, CEO Randy Eresman said Thursday.
Magnum Hunter Growing Appalachian Basin Position
In two deals announced Monday Magnum Hunter Resources Corp. is growing its foothold in the Appalachian Basin in what CEO Gary C. Evans called “a long-dated call option in natural gas.
Baker Hughes: Big Backlog of Uncompleted Shale Wells
Baker Hughes Inc.’s management team reported Monday that the purchase of pressure pumping specialist BJ Services Inc. already is paying off, helping to boost quarterly profits both year/year and sequentially, with most of the uptick coming from work in North America’s unconventional basins.
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Stephen J.J. Letwin, who is responsible for Enbridge Inc.’s natural gas operations, said he will retire on Nov. 1. Letwin, who has been a member of Enbridge’s management team for 11 years, currently serves as executive vice president, Gas Transportation & International, for Enbridge Inc. and holds managing director roles at Enbridge Energy Co. Inc., the general partner of Enbridge Energy Partners (EEP), as well as Enbridge Energy Management LLC. Letwin joined Enbridge Inc. as president and COO of Energy Services in 1999. He was responsible for leading the relatively new retail energy services business unit to profitability. Letwin also is responsible for the company’s international business. As managing director of the general partner of EEP, Letwin played a key role in the growth of the company’s natural gas gathering and processing business in the United States.
Questar’s E&P Spin-Off Moves Forward
Questar Corp.’s board of directors on Tuesday authorized its management team to proceed with a tax-free spin-off of the firm’s exploration and production (E&P) and midstream field services businesses to form an independent, publicly traded company to be named QEP Resources Inc.
Problems Offshore Mar OTC
BP plc and its worldwide team of experts had been preparing for a lot of good fun at this year’s annual Offshore Technology Conference (OTC), held last week in Houston.
Problems Offshore Mar Biggest Industry Trade Show
BP plc and its worldwide team of experts had been preparing for a lot of good fun at this year’s annual Offshore Technology Conference (OTC), which kicked off Monday in Houston.
TransCanada: Northern Gas Pipelines a Long-Term Necessity
TransCanada Corp.’s management team is looking to the North for long-term opportunities in North America, CEO Hal Kvisle told financial analysts last week.
TransCanada: Northern Gas Pipelines a Long-Term Necessity
TransCanada Corp.’s management team is looking to the North for long-term opportunities in North America, CEO Hal Kvisle told financial analysts Tuesday.