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A head start lets Cheniere Energy catch up

cheniere

Before Cheniere Energy became the darling of the energy industry — the company with the inside track to exporting America’s natural gas — there was failure. The year was 2008, and Cheniere’s stock price was approaching $40 then, just as it was prior to last week, when it reached a record high of $44.90 on Friday. The plan in 2008 ...

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McCrory promotes natural gas development onshore, energy exploration offshore

offshore drilling

DURHAM — North Carolina waited “far too long” to get into energy exploration, Gov. Pat McCrory said at an energy conference in Durham Wednesday. McCrory advocated for inland natural gas production, off-shore energy exploration and a review of state energy subsidies, including for renewable energy producers, at the N.C. Chamber’s second annual conference. “In fact, one of my goals for ...

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Shale success sparks midstream mania for Tulsa energy industry

Drilling new wells

The shale revolution nationwide has given birth to midstream mania in Tulsa. The explosion in U.S. oil and gas production is due to the overflowing plays such as the Bakken, Eagle Ford, Marcellus and Niobrara shales. Closer to home, the same combination of hydraulic fracturing and horizontal drilling is yielding bigger results in the Mississippi Lime. So much energy, so ...

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Iran oil minister in talks with western energy firms: FT

Nuclear power

DUBAI (Reuters) – Iran has begun talks with potential investors in its energy industry, oil minister Bijan Zanganeh told the Financial Times, after Tehran struck a nuclear deal that may help western oil giants move back into the country someday. Iran is home to some of the world’s largest oil and gas reserves, but U.S. energy firms have been barred ...

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World is watching Mora County battle against fracking

farming not fracking

MORA — It is a script destined for a Hollywood movie: A rural, low-income, mostly Hispanic New Mexico county passes a community rights ordinance, bans oil and gas drilling, and is sued by rich, greedy oil and gas barons. “We’re protecting our water,” say two Mora County commissioners who support the ordinance. “It’s unconstitutional,” cry the Independent Petroleum Producers of ...

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House OKs bills to speed oil, gas drilling

speed the drilling

House OKs bills to speed oil, gas drilling on public lands, block federal review of fracking WASHINGTON (AP) — The House approved two bills Wednesday aimed at speeding up drilling for oil and natural gas on public lands. The measures were among three energy bills the House is considering this week as Republicans who control the chamber push to expand ...

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Foreigners’ cash seen fueling higher Mexican oil production

Mexican flag

There may be fisticuffs over the form it will take, but there’s consensus among leaders in Mexico that opening oil and gas production to foreign investment is crucial to growing the economy, that nation’s secretary of economy said during a San Antonio visit Thursday. “To me, it’s very clear that the future of Mexican manufacturing depends on the access of ...

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Shell plant hot topic at energy conference

Shell

PITTSBURGH — Shell Oil Co.’s proposed cracker plant in Beaver County — and the wet gas it would utilize — was a hot topic of discussion Monday at the Pennsylvania Energy and Manufacturing Summit. Energy executives, elected officials and labor groups turned out for the second annual conference, sounding off on everything from the proposed cracker plant to job creation ...

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Oregon group eyes East Liberty site as Eastern home base

A Portland, Oregon, company that is a supplier for the new Ace Hotel in East Liberty is looking to make the neighborhood a base for its east coast operations. Schoolhouse Electric & Supply Co. is talking to the Pittsburgh Urban Redevelopment Authority about buying the former City of Pittsburgh detective’s building at 206 N. Euclid Ave. with plans to use ...

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