Former BP plc operating chief Doug Suttles on Tuesday took over as CEO and president of Encana Corp., one of the largest natural gas producers in North America.
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Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.
Stability has come to the Texas oil and gas exploration and production sector, which is a good thing for producers and for consumers, said the economist who compiles the state’s monthly Texas Petro Index (TPI).
Almost every week projects to build or expand natural gas pipelines and natural gas liquids (NGL) midstream infrastructure is unveiled, and most of the news has one thing in common: the Marcellus Shale, something that’s not likely to change anytime soon, according to industry executives.
The day-in and day-out reports from operators ready to build new natural gas pipelines and natural gas liquids (NGL) midstream infrastructure generally have had one thing in common over the past couple of years: most are for the Marcellus Shale. And that’s not going to change anytime soon, according to industry executives.
The New York State Assembly’s passage of a bill calling for a two-year moratorium on high-volume hydraulic fracturing (HVHF) in the state could divide the fragile bipartisan coalition that controls the Senate.
Make no mistake, the shale boom is a great thing for the country, but anyone expecting it to yield energy independence is in need of a reality check, according to Fitch Ratings.
A Texas landowner who three weeks ago signed an easement agreement with TransCanada Corp. on a part of its Keystone XL oil pipeline project won a county court-ordered temporary restraining order on part of the Keystone southern portion for which work is ongoing in three segments between Cushing, OK, and the Gulf of Mexico (GOM).