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The only thing holding back the country’s tremendous opportunity in shale gas is permitting — for petrochemical facilities, liquefied natural gas (LNG) export projects and drilling in some states — according to ExxonMobil Chemical’s President Stephen D. Pryor.

The only thing holding back the country’s tremendous opportunity in shale gas is permitting — for petrochemical facilities, liquefied natural gas (LNG) export projects and drilling in some states — according to ExxonMobil Chemical’s President Stephen D. Pryor.

With proper regulation, greenhouse gas (GHG) emissions from shale gas operations should represent only a small part of the total carbon footprint of shale gas and would fall within the nontraded sector of the United Kingdom’s carbon budgets, according to the Department of Energy & Climate Change (DECC).

The U.S. Energy Information Administration (EIA) said China is projected to pass the United States and become the world’s largest net importer of oil on a monthly basis by October, and on an annual basis by 2014.

A coalition of seven conservation groups has filed a lawsuit in federal court against the U.S. Bureau of Land Management’s (BLM) allocation of more than 800,000 acres of federal lands in three western states to potential oil shale and tar sands development.

After gaining access earlier this year to a big bundle of onshore and offshore opportunities in the United States, Freeport-McMoRan Copper & Gold Inc. now is reworking its strategy to relieve the cost burden and increase production, top executives said last week.

Oneok Inc. plans to spin off its natural gas distribution business to create ONE Gas Inc., which would be one of the largest gas utilities in the United States with more than two million customers in three states and the only publicly traded, 100% regulated, pure-play gas distribution utility.

Dry natural gas production in the United States, boosted by stronger pipeline flows from the Marcellus Shale, led Goldman Sachs analysts last week to revise their forecasts down for prices and lift expectations for end-of-summer storage levels.

Dry natural gas production in the United States, boosted by stronger pipeline flows from the Marcellus Shale, led Goldman Sachs analysts on Monday to revise their forecasts down for prices and lift expectations for end-of-summer storage levels.