The historic shift of global energy markets toward increased use of natural gas will create opportunities for economic growth and environmental progress, ExxonMobil Corp. CEO Rex W. Tillerson said Tuesday at the 25th World Gas Conference in Malaysia. Separately, Royal Dutch Shell plc CEO Peter Voser told delegates that abundant unconventional gas reserves were quickly rebuilding the U.S. economy.
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Articles from Toward
Range Seeing Double from Marcellus Completion Strategy
A new completion design doubled initial production (IP) rates from the Marcellus Shale in southwestern Pennsylvania for Range Resources, the Fort Worth, TX-based company said Thursday.
April 27, 2012
Illinois Fracking Law Moving Faster than Shale Rush
Betting that a shale gas industry may develop in the state in the future, the Illinois Senate on Thursday passed 54-0 a measure (SB 3280) to regulate hydraulic fracturing (fracking), which would require the disclosure of chemicals used in fracking operations.
April 27, 2012
Consol Energy’s Wet Gas Strategy Takes Off During 1Q2012
Consol Energy Inc. began its shift toward liquids in the first quarter, moving into the wet-gas portions of the Marcellus and Utica shales of southwestern Pennsylvania, West Virginia and Ohio.
April 18, 2012
Group Calls for Continuing Work on Pennsylvania Regulations
As Pennsylvania worked toward overhauling environmental rules for shale development in February, the Pennsylvania Environmental Council (PEC) said “while this legislation is not perfect, the people of Pennsylvania are better served by passage of this bill now than to wait another year or longer for something stronger.”
March 30, 2012
Chevron’s Angola LNG Seeking Non-U.S. Cargo Destinations
Chevron Corp.’s Angola LNG (liquefied natural gas) liquefaction project in southern Africa is speeding toward first cargo some time during the second quarter. While capacity contracting has long been under way on the company’s Gorgon and Wheatstone LNG projects in Australia, not so with Angola LNG, which was conceived years ago as an LNG supplier to the United States.
March 19, 2012
Chevron’s Angola LNG Seeking Non-U.S. Cargo Destinations
Chevron Corp.’s Angola LNG (liquefied natural gas) liquefaction project in southern Africa is speeding toward first cargo some time during the second quarter. While capacity contracting has long been under way on the company’s Gorgon and Wheatstone LNG projects in Australia, not so with Angola LNG, which was conceived years ago as an LNG supplier to the United States.
March 14, 2012
NatGas Is Rolling…In Chrysler, GM Pickups Fueled by ‘CNG in a Box’
The swing toward natural gas vehicles (NGV) took on aspects of a bandwagon last week as two major automakers paraded out new natural gas-powered pickup trucks, and GE and Chesapeake Energy Corp. heralded a new “CNG In A Box” fueling station.
March 12, 2012
Alaska LNG Storage Tax Credit Bill Advances
A bill that would extend tax credits and other incentives toward new liquefied natural gas (LNG) storage facilities is advancing in the Alaska State Legislature.
February 29, 2012
W&T Shares Spike on Strong 4Q
A turn toward oil and natural gas liquids (NGL) last year did a good turn for earnings at Houston-based W&T Offshore Inc. “Solid” oil and liquids production in a bull market for same lifted the company’s operating income to the highest level in its history, CEO Tracy W. Krohn told financial analysts Friday.
February 27, 2012
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