Proposed Appalachian Storage Hub might incentivize region’s ethane recovery, petrochemicals investment, says S&P Global Platts analyst. Earlier this week, Rigzone presented an article featuring the perspectives of two prominent supporters Continue Reading
One hundred years of natural gas? Not at these prices. U.S. gas production is declining and shale gas output is down almost 2.5 Bcf per day. Production is decreasing while Continue Reading
The state of Victoria plans to ban shale and coal seam gas fracking in what would be Australia’s first permanent ban on unconventional gas drilling, citing the concerns of farmers Continue Reading
When Governor Andrew Cuomo announced last year that hydraulic fracturing would be banned in the State of New York, he cited the lack of scientific data on public health effects. Continue Reading
Leaving part of a Texas oil and natural gas shale basin will free up potentially more than a billion dollars in financial commitments, Chesapeake Energy said. Chesapeake, which has headquarters Continue Reading
Struggling U.S. shale player Chesapeake Energy said it reported a loss for the second quarter, but reduced debt by more than $1 billion. The company said second quarter revenue declined Continue Reading
For $96 million, and following a weak earnings report, Norwegian energy company Statoil said it was getting rid of some of its gas assets in the United States. The Norwegian Continue Reading
Natural Gas Storage Embattled U.S. natural gas producers have a reason to perk up: the Energy Information Administration has forecast that natural gas production in the country over the second Continue Reading
Chesapeake Energy has once again become the target of a lawsuit by property owners in the North Texas Barnett Shale region alleging the producer underpaid millions of dollars of royalties Continue Reading
A Canadian Energy Research Institute survey has found that the country’s natural gas exports will continue to slide over the coming years, with their market share eaten up increasingly by Continue Reading
