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Exploration & Production

Apache acquires Exxon’s maturing North Sea assets

Apache North Sea, a subsidiary of the United States’ Apache Corporation, has agreed to purchase ExxonMobil’s North Sea assets for $1.75 billion, according to a statement released on Thursday.

22 September 2011
Policy & Regulation

Alaska leases up for grabs this year

Immediate action has been taken on Washington’s promises to enact the regulatory changes needed to incentivise drilling, with about three million acres of onshore land in Alaska to be offered for oil and gas leasing in late 2011.

21 September 2011
Policy & Regulation

Shell secures EPA permits for offshore Alaska drilling

The United States Environmental Protection Agency (EPA) has granted Shell final air permits for oil and gas drilling in Alaska’s Beaufort and Chukchi seas, allowing the company to begin exploration drilling in 2012, the agency announced on Monday.

20 September 2011
Policy & Regulation

The US gas lobby has two key weapons

The US gas lobby is likely to tout the role of hydrocarbons in creating both wealth and energy independence as it campaigns for the expansion of domestic oil and gas exploration.

19 September 2011
LNG

Fossil Feud

Leigh Elston delves into the debate surrounding shale gas drilling.

19 September 2011
Pipelines, Storage & Power

Texan company sees large CNG potential in Mexico

A pilot scheme to bring compressed natural gas (CNG) to a region outside Mexico’s pipeline network could be rolled out in four more states if it is successful, project developers have told Interfax.

16 September 2011
Supply & Demand

United States gas lobby ‘pushing on an open door’

A report released by the United States industry body National Petroleum Council (NPC) on Thursday said that North American oil and gas reserves are far greater than commonly thought.

16 September 2011
LNG

GE helps this week’s good gas relations

United States conglomerate General Electric (GE) has added its voice to the country’s public relations campaign for gas this week.

15 September 2011
Policy & Regulation

Lobbying likely to go local in the United States

United States oil and gas company ConocoPhillips has launched a major public relations campaign for gas, calling for the fuel to play a greater role in the country’s energy needs.

15 September 2011
Exploration & Production

Sasol plans $10 billion US GTL plant

Sasol has announced plans to build a $10 billion GTL plant on the US Gulf Coast, the first such facility in the country. The macroeconomic environment at the moment certainly makes such a project viab

14 September 2011
Policy & Regulation

US Bureau of Land Management to issue environmental guidelines

The United States Interior Department is discarding previous administrative rules for issuing environmental-review waivers for oil and gas drilling permits on public land; and will propose new regulations that will allow the Bureau of Land Management (BLM) to waive the environmental review process and use “categorical exclusions” if drilling d

12 September 2011
Companies & Finance

Encana moves toward $1-2 billion divesture goal with sale of Piceance assets

Canada’s largest gas producer, Encana has agreed to sell a percentage of its Colorado midstream Piceance gas asset for $590 million to an undisclosed midstream company - a further move towards reaching the company’s 2011 $1-2 billion divesture goal to help finance future gas production.

8 September 2011
LNG

Dominion Maryland Cove Point terminal seeks to export LNG

Dominion Resources, operator of the Maryland Cove LNG import terminal, is following other US regasification terminal owners by seeking permission from the Department of Energy (DOE) to export US natural gas as LNG.

6 September 2011
Exploration & Production

Low prices deter US drilling, but no production threat

Relatively low gas prices are deterring conventional drilling in the United States, although an analyst told Interfax that long-term production figures are unlikely to be dented.

5 September 2011
Companies & Finance

Chesapeake woos firms for Utica project

US gas explorer Chesapeake is in talks with both international oil companies and private equity firms to develop the Utica shale project in Ohio.

2 September 2011
LNG

Canada’s coal regulation may boost gas prospects

Canada’s parliament is considering stricter regulation for coal-fired power generation, which may boost gas projects in the country.

30 August 2011
Exploration & Production

Encana puts Barnett shale reserve up for sale

Canada’s Encana Oil & Gas has put its Texan Barnett shale gas field on the market as part of its plan to sell off a total of between $1 billion and $2 billion in assets this year, it announced on Friday.

26 August 2011
Exploration & Production

New Jersey puts one-year ban on fracking

New Jersey has imposed a one-year moratorium on hydraulic fracturing, or “fracking”, in the north-eastern US state, at a time when the federal government is reviewing the environmental impact of the controversial drilling method and when estimates of the country’s shale gas reserves are coming into question.

26 August 2011
Exploration & Production

Sharp rise in Marcellus shale play resources

The United States government increased its yield estimates for the Marcellus shale play to 84 trillion cubic feet (2.38 trillion cubic metres) of recoverable gas equivalent based on results from a study, Assessment of Undiscovered Oil and Gas Resources of the Devonian Marcellus Shale of the Appalachian Basin Province, released this week by the US G

24 August 2011
Companies & Finance

BHP Billiton seals its $12 billion takeover of Petrohawk Energy

BHP Billiton has wrapped up its $12 billion acquisition of United States shale gas developer Petrohawk Energy, in a deal that will double the Australian miner’s shale resources, BHP announced on Sunday.

22 August 2011

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