Various

Hess Asks For Patience in Bakken

As part of lackluster first quarter results released Wednesday, Hess Corp. said it doesn’t expect to meet production targets in the Bakken Shale this year, but warned analysts to be patient with the company while it shifts its focus from international basins toward its three liquids rich shale plays in the United States.

April 26, 2012

EPA Sets 2015 as Date to Capture Fracking Gas Emissions

In its final rule to eliminate harmful air pollution from oil and natural gas production announced Wednesday, the U.S. Environmental Protection Agency (EPA) granted the industry a “reasonable” time to meet its requirements, extending the deadline for full compliance from 60 days to two and a half years.

April 19, 2012

Turnabout is Fair Play: Activists Sued Over Fracking Charges

The war of words over hydraulic fracturing (fracking) took an unusual turn recently when Brecksville, OH-based Duck Creek Energy Inc. filed a lawsuit against two anti-fracking activists, claiming that they have “spread false and defamatory information” about the company and one of its products.

April 4, 2012

Analysts See Potential for Coal Switching to Balance Gas Market

Continuing low prices for natural gas could make it possible for the addition of anywhere from 2 Bcf/d to 10 Bcf/d in demand due to displacement of coal-fired power generation, various analysts have estimated.

March 19, 2012

Analysts See Potential for Coal Switching to Balance Gas Market

Continuing low prices for natural gas could make it possible for the addition of anywhere from 2 Bcf/d to 10 Bcf/d in demand due to displacement of coal-fired power generation, various analysts have estimated.

March 15, 2012

ExxonMobil Buying, Drilling More Liquids Acreage in North America

ExxonMobil Corp., whose North American portfolio washes across eight million net acres, is scooping up more liquids-weighted land and has begun to shift some of its natural gas development to more oily plays, the company’s top guns told financial analysts on Thursday.

March 9, 2012

Noble Keeping Marcellus Powder Dry

This year is the first in a multi-year period of growth for Noble Energy Inc. as the company realizes the payoff from “multiple years of exploration success,” CEO Charles Davidson told financial analysts Thursday during an earnings conference call. However, dry gas production from the Marcellus Shale is not part of the windfall, at least not for a while.

February 10, 2012

California Regulatory Staff Alleges Violations by PG&E

California regulators on Thursday opened a third penalty proceeding at Pacific Gas and Electric Co. (PG&E), which alleges the utility violated state law and various federal regulations. The allegations came as the California Public Utilities Commission’s (CPUC) Consumer Protection and Safety Division (CPSD) completed its investigation of the San Bruno, CA pipeline tragedy.

January 17, 2012

California Opens Third Penalty Case Against PG&E

California regulators on Thursday opened a third penalty proceeding for Pacific Gas and Electric Co. (PG&E) alleging that the utility violated state law and various federal regulations. The allegations came as the California Public Utilities Commission’s (CPUC) Consumer Protection and Safety Division completed its investigation of the San Bruno, CA pipeline tragedy in 2010.

January 16, 2012

Large Untapped Gas Market Found in Cogen, Study Shows

About 9% of the U.S. electricity generating capacity comes in the form of cogeneration, or combined heat-power (CHP) in various onsite commercial/industrial applications, but a recent General Electric (GE) study estimates that fully up to 20% of the nation’s capacity could come from CHP if energy programs were expanded.

January 3, 2012