A subsidiary of Royal Dutch Shell plc has signed a second, six-month extension that gives it more time to decide whether to purchase property in western Pennsylvania that could ultimately be used for a “world scale” ethane cracker in the heart of the Marcellus Shale region.
Unlikely
Articles from Unlikely
Shale Won’t Keep U.S. From Persian Gulf, Says Report
Despite the North American shale revolution’s transformation of global energy dynamics, the United States is unlikely to disengage completely from the Persian Gulf because other nations still depend on the region and it will still affect the world’s oil prices, according to a draft report presented to the North Atlantic Treaty Organization (NATO).
Moody’s Notes Chesapeake’s Progress, Raises Rating
Chesapeake Energy Corp.’s credit rating was upgraded on Tuesday by Moody’s Investors Services to “stable” from “negative” because of progress made to reduce capital spending (capex) and improve liquidity.
Report Says Despite Shale, U.S. Unlikely to Disengage From Persian Gulf
Despite the shale revolution in North America transforming global energy dynamics, the United States is unlikely to disengage completely from the Persian Gulf because other nations still depend on the region and it will still affect the world’s oil prices, according to a draft report presented to the North Atlantic Treaty Organization (NATO).
ACSF: NGVs Only 2% of U.S. Gas Demand in 2025
Natural gas vehicles (NGV) will represent just 2% of the overall demand for natural gas in the United States by 2025, making them unlikely to cause a spike in natural gas prices, according to a report by the American Clean Skies Foundation (ACSF).
Report: NGVs Won’t Spike Natural Gas Prices in 2025
Natural gas vehicles (NGV) will represent just 2% of the overall demand for natural gas in the United States by 2025, making them unlikely to cause a spike in natural gas prices, according to a report by the American Clean Skies Foundation (ACSF).
Pennsylvania Township Wants Range to Reapply for Denied Permits
Officials in Robinson Township, PA, told leaseholders that they were welcome to contact Range Resources Corp. and try to convince the company to reapply for two Marcellus Shale drilling permits the township denied in February.
Jackson to Step Down as EPA Administrator
Environmental Protection Agency (EPA) Administrator Lisa Jackson said Thursday she will resign from that position after President Obama’s State of the Union speech next month, bringing to an end a sometimes tumultuous four-year tenure.
Mexican Shale Prospects Uncertain, Analyst Claims
While the potential is widely recognized, a shale boom in Mexico akin to the rest of North America is unlikely any time soon, an analyst with the Houston office of Wood Mackenzie told NGI.
Texas Quakes Not Drilling-Related, Say Regulators
Two earthquakes that recently shook the area around the East Texas town of Timpson were unlikely to have been caused by natural gas drilling or drilling waste disposal activities, according to the Railroad Commission of Texas (RRC).