Beaumont-based Stabilis Energy, a liquefied natural gas distributor, is picking up U.S. assets from a subsidiary of Canadian firm Encana, including storage, regasification and mobile fuel units, in a deal expected to close this month, FuelFix reports.
National Journal examines the gap between the number of jobs Gov. Tom Corbett, R-Pa., is claiming fracking has brought to his state -- 170,000 -- and the number of jobs the Pennsylvania Department of Labor and Industry cites -- 30,000.
The spectacular failure of Energy Future Holdings, created in a massive leveraged buyout of TXU, hasn't soured private equity investors on the gas sector, they've just moved their focus upstream to drilling and production, The Wall Street Journal reports.
ANCHORAGE, Alaska (AP) — The U.S. Department of Energy is soliciting for another round of research into methane hydrates, the potentially huge energy source of "frozen gas" that could step in for shortages of other fossil fuels.
The department is looking for research projects on the North Slope of Alaska that could explore how to economically extract the gas locked in ice far below the Earth's surface.
DOE is also seeking researchers to document methane hydrate deposits in outer continental shelf waters of coastal states.
The Treasury Department, accusing the Crimean subsidiary of Ukraine's natural gas company of "misappropriating" assets, on Friday imposed sanctions on the subsidiary, Chernomorneftegaz, as well as some of Crimea's leaders, Platts reports.
MOSCOW (AP) — The amount Russia says it is owed by Ukraine's cash-strapped government for natural gas has ballooned as if by magic — from $1.7 billion at the beginning of April to a staggering $35.4 billion, according to a letter sent by President Vladimir Putin this week to 18 European leaders.
COLUMBUS, Ohio (AP) — Geologists in Ohio have for the first time linked earthquakes in a geologic formation deep under the Appalachians to hydraulic fracturing, leading the state to issue new permit conditions Friday in certain areas that are among the nation's strictest.
A state investigation of five small tremors last month in the Youngstown area, in the Appalachian foothills, found the injection of sand and water that accompanies hydraulic fracturing, or fracking, in the Utica Shale may have increased pressure on a small, unknown fault, said State Oil & Gas Chief Rick Simmers. He called the link "probable."
While earlier studies had linked earthquakes in the same region to deep-injection wells used for disposal of fracking wastewater, this marks the first time tremors in the region have been tied directly to fracking, Simmers said. The five seismic events in March couldn't be easily felt by people.
European Energy Commissioner Guenther Oettinger told Austrian radio Friday he sees "no reason to panic" about EU gas supplies that come from Russia, adding that he was working on a plan to help Ukraine pay for its share of Russian gas, Reuters reports.
Oil continues to wash up on some Louisiana beaches four years after the Deepwater Horizon sinking sent oil gushing into the Gulf of Mexico and a number of area residents remain angry and resentful despite BP paying out billions of dollars in compensation, Reuters reports.
Environmental Protection Administrator and Boston native Gina McCarthy and Energy Secretary Ernest Moniz will throw out the first pitches at the Red Sox game Tuesday, to mark Earth Day, The Hill reports.
A subsidiary of American Energy Partners, the company run by shale pioneer Aubrey McClendon, is renting seven rigs from his former firm Chesapeake Energy to drill for gas in the Utica Shale, Bloomberg reports.
The total U.S. rig count for the week remained at 1,831, according to oilfield services company Baker Hughes Inc., which said that oil rigs declined while gas and miscellaneous rigs increased, Bloomberg reports.
Vermont Yankee owner Entergy has applied to scrap the 10-mile emergency planning zone around it, because of the nuclear plant's closing by year's end, raising concerns from citizen groups, The Recorder reports.
Critics complain that proposals to increase security of the nation’s power grid, drafted by the industry in the wake of an attack on a California substation last year, won’t do enough to stop anyone intent on sabotage, The Wall Street Journal reports.