Natural Gas

Climate scientist Muller urges environmentalists to embrace shale gas

Source: 
E&E

University of California-Berkeley physicist and climate scientist Richard Muller urged environmentalist to embrace shale gas development as a means to reduce carbon and particulate matter emissions, E&E reports.

Oil

Oil price steady above $98 ahead of supply data

The price of oil was steady above $98 a barrel Wednesday ahead of a report on U.S. crude stockpiles.

Oil

Oil rises above $98 on hopes for greater demand

NEW YORK (AP) — The price of oil jumped to the highest level in six weeks amid expectations that U.S. supplies fell for the second week in a row.

EIA projects further growth in natural gas output next year

Source: 
Reuters

The Energy Information Administration projected that domestic natural gas production next year would rise 1.4 percent over this year's record output, Reuters reports.

Pakistan to push forward on gas project with Iran

ISLAMABAD (AP) — Pakistan will push forward with a controversial pipeline to import natural gas from neighboring Iran, Pakistan said Tuesday, a project opposed by the United States.

Oil

Oil boosted to near $98 by China, US economic data

KUALA LUMPUR, Malaysia (AP) — The price of oil rose Tuesday amid optimism over an improving U.S. economy and encouraging data from China.

Oil

Oil falls slightly; natural gas soars on weather

NEW YORK (AP) — The price of oil fell slightly Monday, the first decline in seven trading sessions.

Photo by Ruhrfisch

Marcellus nat gas boom gaining speed, EIA reports

Soaring productivity at natural gas wells in the Marcellus Shale region last month pushed daily output to a new record, according to federal data published Monday.

Already the most productive domestic region on a per-rig basis, Marcellus wells in Pennsylvania and West Virginia produced more than 13 billion cubic feet per day in November, the department's Energy Information Administration said in its monthly drilling productivity report.

Canada's $50 billion LNG plans could be derailed by labor supply

Source: 
Bloomberg

Plans by major energy companies to build a $50 billion network of liquefied natural gas export terminals in Canada could be threatened by a shortage of skilled workers, Bloomberg reports.

Oil

Oil near $98 as US economy shows improvement

KUALA LUMPUR, Malaysia (AP) — The price of oil inched toward $98 a barrel Monday after stronger U.S. hiring suggested demand for crude could increase.

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