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France’s Total SA (NYSE: TOT) is moving two rigs into position to begin drilling relief wells to staunch the flow of natural gas from one of its wells in the North Sea’s Elgin field. If the...
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Eurozone officials will increase the size of the funds to create “firewalls” around financially troubled nations. (Reuters) Research In Motion’s (NASDAQ: RIMM) CEO says the firm’s struggles...
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A natural gas leak discovered last Sunday at the Elgin field in the North Sea could cost France’s Total SA (NYSE: TOT) billions of dollars in costs to plug the well and clean up the mess it will...
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A leaking well in the North Sea continues to hamper crude oil production from the Elgin field operated by Total SA (NYSE: TOT). The company has shut-in about 130,000 barrels/day of oil equivalent as...
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Oil supermajor Royal Dutch Shell plc (NYSE: RDS-A) announced that the company’s China subsidiary has signed a production sharing contract with China National Petroleum Corp. (CNPC), parent of...
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Under a new development plan released today, China forecasts production growth of natural gas from its shale deposits of around 230 billion cubic feet by 2015, up from zero today. The country also...
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Cheseapeake Energy Corp. (NYSE: CHK) CEO Aubrey McClendon laid it on the line in an interview with Bloomberg News: We are presently owned by a group of investors who don’t think gas prices will...
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The nation’s second-largest producer of natural gas, Chesapeake Energy Corp. (NYSE: CHK), has announced a new plan to achieve what it calls “equilibrium” between its capital expenditures and...
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In yet another of the deals that shakes up the landscape of US shale gas production, Chesapeake Energy Corp. (NYSE: CHK) has formed a joint venture with Total SA (NYSE: TOT) and privately held...
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