Gov. Bill Walker is set to approve an update to Alaska’s Interior Energy Project, signing into law Tuesday a bill that extends the search for natural gas in the state beyond the North Slope, the Fairbanks Daily News-Miner reports.
Democratic Gov. Tom Wolf's decision to slash estimates for the number of Pennsylvania jobs provided by the shale-gas industry –- to 89,000 -– is the latest in a series of actions alarming drillers in the state, The Wall Street Journal reports.
Vilen Khlgatyan, vice chairman of the Political Developments Research Center, to give lecture at the Institute of World Politics on competing gas pipelines in Europe and the geopolitical stakes of the rival projects.
Israeli Prime Minister Benjamin Netanyahu's plan to speed natural gas development by giving a monopoly to Noble Energy and Israel's Delek Group has created a political crisis for his fragile coalition, Reuters reports
ALBANY, N.Y. (AP) — New York formalized its ban on high-volume hydraulic fracturing for natural gas on Monday, concluding a seven-year environmental and health review that drew a record number of public comments.
"After years of exhaustive research and examination of the science and facts, prohibiting high-volume hydraulic fracturing is the only reasonable alternative," Department of Environmental Conservation Commissioner Joe Martens said in announcing the decision. "High-volume hydraulic fracturing poses significant adverse impacts to land, air, water, natural resources and potential significant public health impacts that cannot be adequately mitigated."
Cheniere Energy plans to take on as much as $5.8 billion in debt in order to expand its Sabine Pass liquefied natural gas facility, which last week won additional authorization to export gas to countries without free trade agreements, FuelFix reports.
The local government in Lancashire County in England dealt a blow to British efforts to develop shale resources, rejecting a plan from Cuadrilla Resources to use hydraulic fracturing to extract natural gas, The New York Times reports.
The shale boom is spreading beyond the shores of North America, the U.S. government’s energy statistics agency says, with China and Argentina making strides in commercial development of gas and tight oil over the past two years.
The developments have also opened the door for Russian and Chinese state-owned firms to make entries into Argentina’s fast growing shale formations, the Energy Information Administration says.
The Energy Department on Friday approved supercooled natural gas exports from Cheniere Energy's planned expansion of its Sabine Pass facility in Texas to countries that do not have a free trade agreement with the United States, FuelFix reports.
Proponents of a carbon tax -– which had been killed on the national level -– are hoping to revive the strategy in state capitals on the back of the Obama administration’s Clean Power Plan, National Journal reports.
Incumbents in swing states – like Sens. Kelly Ayotte, R-N.H., Mark Kirk, R-Ill. and Michael Bennett, D-Colo. – may have a tough time in their re-election campaigns staking out a position on climate change and the Obama administration Clean Power Plan, National Journal reports.
Regardless of changes made by the Pennsylvania Department of Environmental Protection to proposed new rules regulating gas and oil drilling, the Conventional Oil and Gas Advisory Committee says it will reject them, the Pittsburgh Post-Gazette reports.
A study published in Energy Science & Engineering says the techniques used to analyze methane emissions may be substantially underestimating the quantity in the atmosphere because of problems calibrating the equipment, The New York Times reports.
After reaching a six-month low, oil prices rebounded early Tuesday amid continuing concerns about high global production and China's economy. Brent crude rose 79 cents to $50.31 in London, while U.S. crude jumped 75 cents to $45.92 in trading on the Nymex, Reuters reports.
The move by NextEra Energy Partners LP to buy the privately owned pipeline company NET Midstream for $2.1 billion brings the wind and solar power generator the capacity to move large quantities of Texas natural gas, FuelFix reports.
Ameren Missouri is abandoning plans to build a new reactor at its Callaway County nuclear plant, citing frustrations with the Nuclear Regulatory Commission, a lower assessment for future power demand and falling prices for alternative technologies, Platts reports.
A number of companies that sought to shield themselves from declining crude prices with long-term contracts will start feeling the pinch as those deals expire, and that—combined with more stringent lending standards from banks—will likely see more firms defaulting on their debt in the coming months, according to predictions from Moody’s Investors Services, FuelFix reports.