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Updated 6 months 1 week ago | 0 comments
NEW YORK (Bloomberg) -- A drilling surge in America’s hottest oil play may prove to be a pitfall for natural gas bulls. As explorers extract crude from the Permian shale in West Texas, they’re also producing gas. A jump in the number of rigs operating in the basin is adding to the so-called fraclog, or the number of drilled wells that are waiting...
Updated 2 years 4 days ago | 0 comments
Oil and natural gas won't be the only game in town under a new state energy policy unveiled Monday by Republican Gov. Susana Martinez. "New Mexico is one of the most energy-rich and energy-diverse states in the nation, and we have an excellent opportunity to utilize this position to grow our economy and create more jobs," Martinez said in a...
Updated 2 years 4 days ago | 0 comments
Oil is still below $45 per barrel here in the United States, and investors fear the oil stock. At least, that's what analysts would have you believe. They're probably right, but I have a feeling there's a bigger shift taking place and many are just unaware. It's a change that comes with the larger energy transition going on right now throughout...
Updated 2 years 4 days ago | 0 comments
Asian companies and utilities are showing “significant interest” in Chesapeake Energy’s assets, the Utica shale driller’s CEO said. The Oklahoma City company (NYSE:CHK) said last month it would pursue selling some of its vast U.S. portfolio, which includes 1 million acres in eastern Ohio. It’s still reorganizing itself and its land holdings in...
Updated 2 years 4 days ago | 0 comments
Canton OH- With the current downturn in the oil and gas marketplace, many workers find themselves without a job in the short run. Most of these workers have invested hundreds if not thousands of dollars in the "tools of the trade", namely fire-resistive clothing known as Frackwear.  AllShaleGear.com (a division of ShaleMart.com, the large online...
Updated 2 years 5 days ago | 0 comments
Oil was first discovered in the Bakken shale of North Dakota in 1951. However, that oil stayed trapped within those tight rocks for nearly 60 years. It wasn't until the new technological innovations of hydraulic fracturing and horizontal drilling were combined that the Bakken finally started to give up its oil. It also didn't hurt that the price...
Updated 2 years 5 days ago | 0 comments
The House of Representatives has recently approved on third and final reading a bill allowing natural-gas power plants to use diesel as alternate fuel when there is an existing or imminent shortage of electricity. House Bill 5587, principally authored by chairman of the Committee on Energy and Liberal Party Rep. Reynaldo V. Umali of Oriental...
Updated 2 years 5 days ago | 0 comments
Maraleen Cottrell knows a thing or two about the rock beneath China Township, the natural gas that’s stored there and the decades of workers who have pushed and pulled the energy source from the ground. When your father, husband and son have all worked at the DTE Energy Belle River Mills Compressor Station, it’s hard not to pick up on the nuances...
Updated 2 years 5 days ago | 0 comments
Iran could become a major supplier of natural gas to the European Union by the end of the next decade, according to new estimates from the bloc’s executive following the nuclear deal reached with Tehran this summer. The European Commission now believes that the bloc could import between 25 billion and 35 billion cubic meters of gas a year from...
Updated 2 years 5 days ago | 0 comments
China’s state energy giants are reducing output from conventional natural gas fields as demand growth for the fuel eases to a multi-year low, local media and sources said, although shale gas targets are being maintained. Sinopec Corp and PetroChina have restricted production at two major conventional fields – Puguang and Anyue – in the Sichuan gas...

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