Latest Oil & Gas News
Alaskan government proposes new ANWR crude oil resource study
May 20, 2013
Alaska’s state government proposed that a new study of potential crude oil resources beneath the Arctic National Wildlife Refuge’s coastal plain be conducted before the Obama administration decides whether to designate more of the refuge as wilderness and wild and scenic rivers. |
ACC details US chemical rebound from abundant, affordable gas
May 20, 2013
Abundant, affordable US natural gas supplies resulted in 97 announced chemical and plastics projects totaling $71.7 billion in potential new investment, the American Chemical Council said in a recent report. |
Kuwait reshuffles oil and gas leadership
May 20, 2013
Kuwait’s state-owned oil, gas, petrochemical, and services industries have new leaders. |
Chesapeake Energy names Lawler as chief executive officer
May 20, 2013
Chesapeake Energy Corp. has named Robert Douglas Lawler as chief executive officer and a member of the board, effective June 17. |
MARKET WATCH: Front-month gas futures contract rallies
May 20, 2013
The front-month natural gas contract rallied May 17 in New York, reclaiming most of its loss from the previous session, after the Department of Energy authorized Freeport LNG Development LP to export 1.4 bcfd of LNG to countries that do not have free trade agreements with the US (OGJ Online, May 17, 2013). |
Changing climate politics
May 20, 2013
As polarization over global warming intensifies an important question emerges: If the apparent pause in observed warming becomes an established trend, will politics change? The regrettable answer: probably not. |
Shale gas find declared in NWT Pointed Mountain area
May 20, 2013
Canada's National Energy Board granted a commercial discovery declaration to Lone Pine Resources Inc., Calgary, with respect to the Upper and Lower Besa River shale intervals in the Pointed Mountain field area of the Liard basin in western Northwest Territories. |
House panel questions funding support for BLM to regulate fracing
May 20, 2013
US House Natural Resources Committee members from both sides of the aisle questioned whether Congress would be willing to fund a federal hydraulic fracturing regulatory regime at the US Bureau of Land Management. |
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