Natural Gas

Interview: Israel's economy minister looks to attract energy companies

Source: 
Houston Chronicle

In an interview with the Houston Chronicle, Israel's Economy Minister Amit Lang discusses his country's efforts to lure foreign oil and gas companies to develop the energy-rich Leviathan gas field off its coast.

U.K. to establish wealth fund from natural gas proceeds

Source: 
The New York Times

The British government on Saturday announced plans to create a sovereign wealth fund to save proceeds from natural gas extraction from shale, though the United Kingdom has yet to begin shale gas production, The New York Times reports.

EIA: Natural gas stocks back to normal

Source: 
The Hill

The country's stockpile of natural gas has risen to 3.571 trillion cubic feet, the Energy Information Administration says, a full recovery from the 11-year low caused by the brutal winter, The Hill reports.

Illinois lawmakers approve fracking rules

CHICAGO (AP) — Illinois lawmakers signed off Thursday on long-awaited rules regulating high-volume oil and gas drilling, clearing the way for companies to get "fracking" permits and unleash what they hope will be an energy boom in the southern part of the state.

But a number of key details were not disclosed including how the state plans to fund the hiring of new workers to oversee the practice, which uses high-pressure mixtures to crack open rocks and release trapped oil and gas.

Filing shows wider investigation into Chesapeake royalty payments

Source: 
The Wall Street Journal

In a filing to the Securities and Exchange Commission, Chesapeake Energy Corp. disclosed that investigations into its royalty payments to mineral rights owners have widened to include subpoenas from both state governments and the federal government, The Wall Street Journal reports.

Oil

NC officials host closed meeting on oil drilling

RALEIGH, N.C. (AP) — Officials from North Carolina, South Carolina and Virginia met privately Thursday with federal regulators and groups funded by oil and gas companies to discuss plans for drilling off the Atlantic coast.

A coalition of environmental groups sought to be allowed inside the Mid-Atlantic Outer Continental Shelf Oil and Gas Five-Year Program meeting, which was held at the North Carolina Museum of Natural Sciences in Raleigh.

Vote, litigation to continue over Kinder Morgan deal

Source: 
FuelFix

A judge in Delaware has dismissed a shareholder move to stop a vote on Kinder Morgan’s proposed $44 billion dollar merger, although the suit against the deal itself will proceed, FuelFix reports.

Dominion makes another request for FERC review start

Source: 
The Associated Press

Days after Dominion Resources announced it had requested the Federal Energy Regulatory Commission start review of the Atlantic Coast Pipeline it is proposing to bring natural gas to the Southeast, the company said it had also started the ball rolling to get approval to connect its transmission facilities to the pipeline, The Associated Press reports.

Texas energy group asks court to halt fracking ban

FORT WORTH, Texas (AP) — A North Texas city that sits atop a natural gas reserve is preparing for an extended court battle after voters made it the first in the state to ban further hydraulic fracturing — a fight that cities nationwide considering similar laws will likely be watching closely.

An industry group and the state's little-known but powerful General Land Office responded quickly to the measure Denton approved Tuesday night, seeking an injunction in District Court to stop it from being enforced.

IPO for Antero Midstream brings $1 billion

Source: 
Bloomberg

In its initial public offering, gas pipeline operator Antero Midstream Partners LP sold 40 million shares at $25 apiece, raising $1 billion, Bloomberg reports.

Pages

Subscribe to Natural Gas