Chesapeake Energy Corp. said its board will name an independent, nonexecutive chairman, as well as renegotiate the terms of the company's Founder Well Participation Program (FWPP) with Chairman and Chief Executive Officer Aubrey K. McClendon.

The US Commodity Futures Trading Commission's latest definition of a swap dealer is an improvement on its original proposal because it recognizes the difference between a dealer and trader, officials from the Natural Gas Supply Association and the Independent Petroleum Association of America separately said.

Turnarounds—also known as planned outages or shutdowns—are major events for refineries and other petrochemical facilities.

The recent article "Focusing on corruption" argues that the fight against corruption "is too important to be allowed to serve as cover for other political agendas..

In its fight against prejudicial tax increases, the US oil and gas industry receives welcome support from business in general.

A person in an OGJ editor's line of work tends to read a lot of press releases. And by "tends to," of course, I mean "is paid to," and by "read," of course, I mean "closely mine for vital nuggets of oil and gas industry-related news gold," and by "a lot," of course, I mean, well, "a lot."

In plenary sessions Mar. 7 at IHS CERA Week in Houston, speakers echoed the message that the shale gas revolution in the US is beneficial to the economy by bringing jobs, security of supply, and low prices for heating and electric power generation.