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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 1 week ago | 0 comments
The U.S. solar industry is on course for a new growth record in 2015, according to a new report that finds that solar photovoltaic installations now exceed 20 gigawatts in capacity and could surpass an unprecedented 7 gigawatts this year alone across all segments. A gigawatt is equivalent to 1 billion watts and can power some 164,000 homes,...
Updated 2 years 1 week ago | 0 comments
 A broad coalition of state business, health, community and environmental groups called Wednesday for Ohio lawmakers to reinstate mandatory targets for the use of renewable and advanced energy sources such as wind, solar and clean coal. The recommendation was contained in a report following what was dubbed Ohio’s Energy Future Tour. The report...
Updated 2 years 1 week ago | 0 comments
 Chesapeake Energy Corporation (NYSE:CHK) today announced it has finalized new gas gathering agreements with the Williams Companies (NYSE:WMB) in its Haynesville Shale operating area located in northwest Louisiana and its dry gas Utica Shale operating area located in eastern Ohio. Key attributes include: Significant improvement in per unit...
Updated 2 years 1 week ago | 0 comments
Shale gas wildcatter Aubrey McClendon is buying up large swaths of Australian land to explore for shale oil and gas months after Chevron and ConocoPhillips abandoned unsuccessful drilling projects there. McClendon’s two-year-old company American Energy Partners has struck four separate deals to buy 55 million acres in the McArthur Basin in...
Updated 2 years 1 week ago | 0 comments
Falcon Oil & Gas's (LON:FOG, CVE:FO) drill program in Australia has moved on to the second of nine planned wells. The Amungee NW-1 well, in the Beetaloo basin, has now spudded and the company aims to follow up the initial success of Kalala S-1, which encountered more than 500 metres of shale gas with a net pay of 150 metres. Like Kalala,...
Updated 2 years 1 week ago | 0 comments
 Phillips 66 PSX, -0.37% and Spectra Energy SE, +0.14% 50/50 joint venture owners in DCP Midstream, LLC, have entered into a nonbinding letter of intent for contributing assets to strengthen DCP Midstream. This transaction is expected to provide DCP Midstream with a stronger balance sheet and increased financial flexibility, and positions DCP to...
Updated 2 years 1 week ago | 0 comments
How could the world’s third-largest coal consumer use coal to get more solar power? India’s government is ordering its state-owned utility, NTPC, to sell electricity from solar power along with electricity from coal-fired power in order to boost solar’s position in the country. The decision, dating back to the middle of July but first reported by...
Updated 2 years 1 week ago | 0 comments
Chesapeake Energy Corporation (NYSE:CHK) today announced it has finalized new gas gathering agreements with the Williams Companies (NYSE:WMB) in its Haynesville Shale operating area located in northwest Louisiana and its dry gas Utica Shale operating area located in eastern Ohio. Key attributes include: Significant improvement in per unit...
Updated 2 years 1 week ago | 0 comments
  As Miguel Galuccio inspects the pores in a chunk of rock sitting on his office table, the chief executive of YPF, Argentina’s renationalised energy company, launches into an enthusiastic explanation of the finer points of hydraulic fracturing, more commonly known as “fracking”. “This is Vaca Muerta,” he says, contemplating the sample of rock...

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