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.
In an Op-Ed for National Review, Florida Sen. Marco Rubio, a Republican presidential hopeful, said he would end the ban on crude oil exports, halt the Environmental Protection Agency's Clean Power Plan and leave energy regulation to the states if elected.
President Barack Obama wants Congress to pass legislation commemorating the centennial anniversary of the National Park Service, approve new infrastructure updates and set up an endowment for future projects, The Hill reports.
Rival factions in OPEC are split over whether the cartel should include oil-price forecasts in its imminent long-term strategy report, pitting Saudi Arabia and its allies, who wish to exclude price assumptions, against Iran and other members, Bloomberg reports.
The White House on Wednesday announced a set of actions aimed at supporting Alaskan communities impacted by climate change, including $17.6 million in grants for rural water infrastructure, new relocation funding and improved coordination between the state and federal governments, The Hill reports.
Shell CEO Ben van Beurden said the company's newly approved takeover of BG Group would allow it to become a "simpler and more profitable company" during a prolonged period of low oil prices, Platts reports.
Oil prices continued their downward slide Wednesday morning on news that U.S. crude stocks increased last week, Reuters reports. U.S. crude for October fell $1.93 to $43.48 per barrel, a 4.25 percent decline, while Brent crude dipped $1.51, or 3 percent, to $48.05 per barrel.
The European Union is poised to extend until March 15 a set of sanctions aimed at specific Russian and Ukrainian-separatist firms and individuals in an effort to press Russia to fully implement a ceasefire in Ukraine by the year's end, The Wall Street Journal reports.
A Dutch court ruled that a joint natural gas venture operated by Royal Dutch Shell and Exxon Mobil in the Netherlands must compensate homeowners for declining property values linked to drilling-induced earthquakes, Reuters reports.
Hitachi Ltd. is looking to expand its research into offshore wind energy and is considering development of a new manufacturing line that would produce parts for 5-megawatt systems by March 2016, Bloomberg reports.