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McClendon Launches E&P Near Chesapeake HQ

Aubrey McClendon, who founded and then took Chesapeake Energy Corp. to the top of the U.S. natural gas industry, has launched a U.S. onshore-based exploration and production (E&P) company that is near his former company’s headquarters in Oklahoma City.

April 22, 2013
EV Energy Partners Stock Down as Sale of Utica Assets Proves Elusive

EV Energy Partners Stock Down as Sale of Utica Assets Proves Elusive

Shares of EV Energy Partners LP (EVEP) took a hit Friday after the company announced net losses for the fourth quarter and full-year 2012, and said it could take anywhere from one month to the rest of the year to sell most of its acreage in the eastern Ohio portion of the Utica Shale.

March 6, 2013

New York Debate Enters New Stage as Fracking Rules Deadline Passes

As the state of New York missed Wednesday’s deadline to create regulations for high-volume hydraulic fracturing (HVHF), supporters and opponents of the practice took aim at Gov. Andrew Cuomo, anti-fracking lawmakers sought a one-year moratorium, and a landowners group said it would sue the state over the delay.

February 28, 2013

California Downplays NatGas, Begins BioGas Push

California regulators last week took action that longer term could lower natural gas demand in a state with a 5 Bcf/d appetite by approving a less gas-dependent long-term plan for Southern California Edison Co.’s (SCE) future sources of electricity and launching a rulemaking to examine how to integrate biomethane into the state’s extensive gas pipeline grid.

February 18, 2013

USGS: No Groundwater Contamination From Fayetteville Wells

The U.S. Geological Survey (USGS) said domestic water wells in two Arkansas counties showed no evidence of contamination from oil and natural gas drilling in the Fayetteville Shale, but it cautioned that additional testing would be necessary to provide an adequate comparative analysis.

January 11, 2013

Clean Energy Partners with Covanta Energy on CNG Fueling

The nascent market for compressed natural gas vehicles (CNG) took another step forward as Seal Beach, CA-based Clean Energy Fuels Corp., a natural gas vehicle (NGV) fuel supplier, said that it will construct up to seven CNG fueling stations at waste management facilities across the country capable of fueling 30 refuse trucks a day.

January 7, 2013

ICE’s $8.2B NYSE Tie-Up to Help Iconic Exchange Evolve

Proving that the round of exchange consolidation that took place just a few years ago wasn’t quite complete, Atlanta-based IntercontinentalExchange (ICE) on Thursday said it plans to acquire the New York Stock Exchange (NYSE) in a deal valued at $8.2 billion. ICE executives pointed out that the deal, if consummated, would bring little change to the iconic Manhattan trading floor.

December 24, 2012

ICE Acquires NYSE in $8.2B Deal

Proving that the round of exchange consolidation that took place just a few years ago wasn’t quite complete, Atlanta-based IntercontinentalExchange (ICE) on Thursday said it has agreed to acquire the New York Stock Exchange (NYSE) in a deal valued at $8.2 billion. ICE was quick to say that the deal, if consummated, would bring little change to the iconic Manhattan trading floor.

December 21, 2012

Pennsylvania DEP Secretary Blasts Lawmaker Over Water Testing Allegations

Pennsylvania Department of Environmental Protection (DEP) Secretary Michael Krancer took aim at a state lawmaker for accusing his agency of wrongdoing when it tested water supplies allegedly tainted by natural gas drilling.

November 19, 2012

Midwest, California Gain; Futures Advance After Storage Data

The overall cash market took a cue from the exuberant futures market and on average posted close to an 8-cent gain Thursday. The Midwest and California markets were strong as were some eastern points.

September 28, 2012