Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Antero Resources to Acquire Statoil’s Marcellus Shale Acreage for $96 Million

August 29, 2016

After selling some of its Marcellus Shale portfolio to EQT Corp., Statoil will sell more of it to Antero Resources Corp. for $96 million. The deal between Statoil and Antero includes 11,500 acres in Tyler, Wetzel and Doddridge counties of

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Chesapeake Energy to Exit Barnett Shale, Asset to be Acquired and Operated by First Reserve, Texas

August 29, 2016

Chesapeake Energy Corporation has entered into an agreement to convey its interests in the Barnett Shale operating area located in North Texas to Saddle Barnett Resources, LLC (Saddle Resources), a company backed by First Reserve, a leading global private equity

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Bearspaw Petroleum Applies for Petroleum Application for Its Wayne-Rosedale Field, Alberta

August 29, 2016

The Alberta Energy Regulator (AER) has received an application from Bearspaw Petroleum for Wayne-Rosedale field. DESCRIPTION ON THE APPLICATION Bearspaw Petroleum Ltd. (Bearspaw) has applied under section 80 of the Oil and Gas Conservation Act (OGCA) for a pooling order

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Jersey Central Power & Light Enhancing Electric System with $387 Million in Infrastructure Projects

August 25, 2016

Jersey Central Power & Light (JCP&L) is continuing construction work this summer and throughout the remainder of 2016 on distribution and transmission infrastructure projects totaling approximately $387 million in its northern and central New Jersey service areas to help enhance

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Toledo Edison Enhancing Electric System with $115 Million in Infrastructure Projects, Ohio

August 25, 2016

To help enhance service reliability for customers, FirstEnergy Corp. is continuing construction work this summer and throughout the remainder of 2016 on distribution and transmission infrastructure projects totaling approximately $115 million in Toledo Edison‘s service territory. To date, more than

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Oil Veteran Sees Growth Potential in Ohio’s Utica Shale

August 24, 2016

The chairman of a Texas energy company is high on his home state’s oil and gas opportunities, but also sees Ohio’s Utica shale and Pennsylvania and West Virginia’s Marcellus region as engines of growth. Kelcy Warren, chairman of Dallas, Texas-based

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Huaneng Clean Energy Research Institute Joins Southern Company’s Global Carbon Capture Coalition

August 23, 2016

Southern Company has made an agreement for Huaneng Clean Energy Research Institute to join the Carbon Capture International Test Center Network, a global coalition of facilities working to accelerate the research and development of carbon capture technologies. The National Carbon

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August 23-25: Linde Engineering to Highlight Technologies for Natural Gas Power Generation

August 23, 2016

Linde Engineering experts will showcase LNG solutions at the Power-Gen Natural Gas Conference and Exhibition, to be held August 23-25 in Columbus. Visitors to Booth #714 will have an opportunity to learn about the benefits of the Star™ family of

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ExxonMobil Contributes $500,000 to Flood Relief in Louisiana

August 23, 2016

Exxon Mobil Corporation will contribute $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors in Louisiana who

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New BOEM Report Highlights Oil and Gas Activities in Deepwater Gulf of Mexico

August 22, 2016

With approximately 82 percent of the Gulf of Mexico’s oil production and 54 percent of the natural gas coming from wells drilled in 1,000 feet (305 meters) of water or greater, advancement into deepwater Gulf of Mexico (GOM) continues as

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