An active Permian Basin pumpjack. Finds in the basin could be a game-changer for Texas. (Zorin09) Exploration & Production

Texan gas finds 'Mozambique-sized' – LNG exec

Texas has an embarrassment of gas riches, an executive tells conference delegates in Barcelona. But can producers bring it to market?

Coal miners out in support for Donald Trump in West Virginia in May. (PA) Policy & Regulation

Does thermal coal have a future under Trump?

Donald Trump will seek to roll back regulation restricting the US coal industry, but his policies cannot change the fuel’s economics.

Exploration & Production

New US upstream projects will double this year – Woodmac

The amount of new upstream oil and gas projects in the United States are forecast to double in 2017, Wood Mackenzie has reported.

16 January 2017
Global Markets

Henry Hub gas price hit lowest level since 1999 last year

Henry Hub gas prices averaged $2.49/MMBtu in 2016, their lowest annual average since 1999, the United States Energy Information Agency has said.

16 January 2017
Alternative Fuels

New York aiming to develop 2.4 GW of offshore wind power

The state of New York plans to develop up to 2.4 GW of offshore wind capacity by 2030, which could provide power for up to 1.25 million homes. s

16 January 2017
Exploration & Production

Anadarko sells Eagle Ford shale assets to Sanchez and Blackstone

Houston-based Anadarko Petroleum has agreed to sell its South Texas Eagle Ford shale assets to Sanchez Energy Corp and Blackstone Group for $2.3 billion.

16 January 2017
Companies & Finance

Hess to boost E&P spend to $2.25 bln for 2017

United States oil and gas company Hess plans to increase its exploration and production spending to $2.25 billion this year.

13 January 2017
Exploration & Production

British Columbia boosts gas output and exports in 9M 2016

British Columbia’s gas production and exports to the United States increased by 7% in the first nine months of 2016.

13 January 2017
Pipelines, Storage & Power

Rockies Express Zone 3 expansion enters service

The Rockies Express Zone 3 pipeline capacity expansion in the United States entered full service this week.

13 January 2017
Global Markets

Exxon has never lobbied against Russia or Iran sanctions – Tillerson

Former ExxonMobil Chief Executive Rex Tillerson has claimed that neither he nor his former company ever lobbied against sanctions by the United States on Russia or Iran.

12 January 2017
Exploration & Production

US cancels final Lewis and Clark National Forest oil and gas leases

The United States Bureau of Land Management has cancelled the last two oil and gas leases in the Lewis and Clark National Forest in northwest Montana.

12 January 2017
LNG

Texas LNG signs agreements with Southeast Asian buyers

The Houston-based Texas LNG plant has signed non-binding agreements with four independent buyers in Southeast Asia for 3.1 mtpa of LNG.

12 January 2017
Global Markets

Henry Hub prices average $2.51/MMBtu in 2016

Henry Hub gas prices averaged $2.51/MMBtu in 2016 and are expected to increase to $3.55/MMBtu in 2017 and $3.73/MMBtu in 2018.

11 January 2017
Pipelines, Storage & Power

Low gas prices force closures at US nuclear plants

Utilities in the United States are closing selected nuclear power plants because the facilities cannot compete against low gas prices and face pressure from anti-nuclear sentiment.

11 January 2017
Pipelines, Storage & Power

Renewables make up more than half of US power additions

Renewables are projected to have accounted for more than half of power capacity additions in the United States for the third consecutive year in 2016.

11 January 2017
Companies & Finance

US oil and gas production jobs up in November

The number of oil and gas production jobs in the United States increased in November 2016 for the first time since 2014 as a result of higher crude prices.

9 January 2017
Exploration & Production

Canada will not extend Arctic offshore licences

The Canadian government will not extend existing Arctic offshore oil and exploration licences.

9 January 2017
Alternative Fuels

Colorado coal output down 40%

The state of Colorado has reported a nearly 40% drop in coal production for 2016, bringing it to its lowest output level since the late 1970s.

9 January 2017
Exploration & Production

US oil rig count climbs by four

The number of active oil drilling rigs in the United States increased for the 10th consecutive week for the week ending 6 January, with four oil rigs added.

9 January 2017
Policy & Regulation

API proposes review of US oil and gas regulations

The American Petroleum Institute has asked United States government officials to review oil and gas regulations for the "sake of the nation".

6 January 2017
Policy & Regulation

Congress passes legislation to overturn Obama’s decrees

The United States has passed legislation that will allow Congress to overturn ‘last-minute’ regulations imposed by the outgoing administration of President Barack Obama.

6 January 2017
Companies & Finance

US oil merger market worth $69 bln in 2016

The value of mergers and acquisition deals in the United States oil market reached $69 billion in 2016, more than double the 2015 total, according to PLS.

6 January 2017

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