Unveiled

Citizens for Pennsylvania’s Future (PennFuture) has launched a campaign to prevent Marcellus Shale drilling in Pennsylvania’s state parks. The campaign was unveiled by John H. Quigley, a special adviser to PennFuture and former secretary of the Pennsylvania Department of Conservation and Natural Resources (DCNR).

A plan unveiled last Friday by Pacific Gas and Electric Co. (PG&E) to transform its natural gas pipeline system into a role model for the industry carries a price tag of more than $1.9 billion spread over the next three-plus years, according to information released as part of the utility’s proposal to state regulators. Shareholders would absorb a little more than 25% of the total cost estimate.

Only a few quarterly earnings reports from the exploration and production (E&P) sector to date have been unveiled, but more clarity about Gulf of Mexico (GOM) activity and the strength of natural gas drilling onshore is sure to come this week when the largest U.S. majors and some of the biggest independent E&Ps unveil their profit numbers.

A citizens group has reversed its call for a moratorium on hydraulic fracturing (fracking) in New Brunswick after the provincial government unveiled tougher regulations for the emerging Frederick Brook Shale.

A citizens group has reversed its call for a moratorium on hydraulic fracturing (fracking) in New Brunswick after the provincial government unveiled tougher regulations for the emerging Frederick Brook Shale.

New Jersey Gov. Chris Christie on Tuesday unveiled the state’s draft 2011 energy master plan (EMP), which among other things calls for coal-fired generation to be phased out in favor of natural gas.

General Electric (GE) unveiled an advanced turbine technology that it said will allow greater flexibility and efficiency in combined-cycle natural gas-fired power plants.

Shortly after the company unveiled its staggering quarterly earnings report last week, ExxonMobil Corp. launched a media blitz, accusing the White House and members of Congress of playing politics in their zeal to repeal annual tax incentives for the oil and gas industry. Chevron Corp. executives on Friday also weighed in.

Shortly after the company unveiled its staggering quarterly earnings report on Thursday, ExxonMobil Corp. launched a media blitz, accusing the White House and members of Congress of playing politics in their zeal to repeal annual tax incentives for the oil and gas industry.