Investors face an array of social and environmental shareholder resolutions in upcoming annual meetings, according to Proxy Review 2013, which was issued on Thursday.
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New York Gov. Andrew Cuomo has proposed slashing the Department of Environmental Conservation’s (DEC) budget by more than one-sixth for the upcoming fiscal year, dashing hopes that the agency could hire additional oil and natural gas drilling inspectors.
Analysts are keeping an eye on costs and production results from the still-emerging Tuscaloosa Marine Shale (TMS), but Amelia Resources LLC is going “100 mph” to market 47,300 net acres in the play, which management believes may hold a resource potential of more than 1 billion bbl.
When considering the increased rate that wells are getting connected to gathering pipeline systems, North Dakota is “turning the corner” on the volumes of natural gas flaring despite the relatively high percentage of associated gas that is still being burned at the wellhead, state officials told NGI’s Shale Daily.
The San Antonio, TX, metropolitan area has gained about 4,000 jobs from the Eagle Ford shale Play, and its upcoming major road improvements could tap up to $12 million annually from the oil/gas development, according to a report released Tuesday by the San Antonio Economic Development Foundation.
Long-haul trucking fleets are increasingly turning to liquefied natural gas (LNG) as a fuel, and with the upcoming availability of larger engines next year, the U.S. market could eventually reach more than 2 Tcf annually, according to one industry advocate. ExxonMobil Corp. and others, however, aren’t so sure.
Long-haul trucking fleets are increasingly turning to liquefied natural gas (LNG) as a fuel, and with the upcoming availability of larger (12- to 13-liter engines) next year, the U.S. market could eventually reach more than 2 Tcf annually, according to Clean Energy Fuels Corp.’s CEO.
The average natural gas customer’s bill might rise 7% during the upcoming 2012-2013 heating season due to colder weather than last winter, said the American Gas Association (AGA) Thursday.
Forecasters at the National Oceanic and Atmospheric Administration (NOAA) agree with the consensus forecast for the upcoming hurricane season, saying Thursday that conditions in the atmosphere and the ocean favor a near-normal number of tropical storms this year.
General Motors (GM) said Tuesday its upcoming compressed natural gas (CNG) bifuel pickup trucks will carry an $11,000 price above the base sticker price for similar gasoline or diesel fueled trucks, but it said the extended-range vehicles will offer a three-to-five year payback on lower fuel and operating costs compared to gasoline and diesel models.