Year

Royal Dutch Shell plc, whose profits fell 37% in the second quarter, plans to cut 7% of its workforce — an estimated 6,500 jobs — and is reducing capital spending across the board as it reacts to what may be a prolonged period of low natural gas and oil prices.

BP plc lost $6.3 billion in the second quarter, reflecting the landmark Macondo well settlement and a near-40% decline in oil prices from a year ago.

Antero Resources Corp. plans to spud its first Utica Shale well in West Virginia in the third quarter with results expected by the end of the year, the company said.

The Pennsylvania Public Utility Commission (PUC) has voted unanimously to approve distribution system improvement charges (DSIC) that would allow two UGI Corp. subsidiaries to recover costs from customers under their long-term infrastructure improvement plans.

Consol Energy Inc. on Tuesday confirmed its second round of layoffs since the beginning of the year, again citing depressed commodity prices as an impetus for its decision to this time cut 470 jobs in its natural gas and coal divisions.

The Pennsylvania Public Utility Commission (PUC) has voted unanimously to approve distribution system improvement charges (DSIC) that would allow two UGI Corp. subsidiaries to recover costs from customers under their long-term infrastructure improvement plans.

Consol Energy Inc. on Tuesday confirmed its second round of layoffs since the beginning of the year, again citing depressed commodity prices as an impetus for its decision to this time cut 470 jobs in its natural gas and coal divisions.

MarkWest Energy Partners LP is in the process of expanding its Bluestone Processing Facility in Western Pennsylvania by 400 MMcf/d.

MarkWest Energy Partners LP is in the process of expanding its Bluestone Processing Facility in Western Pennsylvania by 400 MMcf/d.