Unveiled

New Brunswick could see C$13 million in development for every shale gas well drilled in the province, opening up opportunities for the province to prosper, according to an analysis by Deloitte. However, a recent poll found that critics of development are gaining support.

Calling them a common sense approach that would complement state efforts, U.S. Interior Secretary Sally Jewell on Thursday unveiled the Bureau of Land Management’s (BLM) revised draft rules for hydraulic fracturing (fracking) on all federal and Indian lands. The draft rules, which drew criticism from proponents and opponents of fracking, are in a 30-day comment period.

Wyoming Gov. Matt Mead last week unveiled a broad state energy strategy with 47 separate initiatives, many of which have existed in draft form for more than a year.

Noting that he hopes to stir more activity among federal agencies, Wyoming Gov. Matt Mead on Monday unveiled a broad state energy strategy with 47 separate initiatives that over time he hopes to narrow in focus. The initiatives, many of which have existed in draft form for more than a year, make up what Mead called “a living document” that will change over time.

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.

In his long-awaited $3.77 trillion budget for fiscal year (FY) 2014 unveiled last Wednesday and forwarded to Congress, President Obama again sought to repeal tax breaks for oil and natural gas producers. He also proposed tacking on new fees and increasing oil and gas royalties to fund renewable fuel development, as well as elevating spending for the Commodity Futures Trading Commission (CFTC).

President Obama’s $3.77 trillion budget for fiscal year (FY) 2014, unveiled Wednesday, for the fourth time seeks to repeal tax breaks for oil and natural gas producers. It also would tack on new fees for operations on federal lands and increase oil and gas royalties to fund renewable fuel development.

In his long-awaited $3.77 trillion budget for fiscal year (FY) 2014 unveiled on Wednesday and forwarded to Congress, President Obama again sought to repeal tax breaks for oil and natural gas producers. He also proposed tacking on new fees and increasing oil and gas royalties to fund renewable fuel development.

General Electric (GE) on Wednesday unveiled plans for a $110 million Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector, which in turn would allow products to be brought to market faster.