fracking

fracking Articles

After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. It’s not likely that...
A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today’s WTI price of around $90/barrel, natural gas should cost $15/thousand...
None of China’s three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) — known as Sinopec — reported a...
The boom in natural gas production resulting from horizontal drilling and hydraulic fracturing (fracking) has come at a price. There is plenty of anecdotal evidence that the chemical stew of fluids...
Chesapeake Energy Corp. (NYSE: CHK) has filed a preliminary S-3 with the US SEC for the IPO of a company to be called Chesapeake Granite Wash Trust.  According to the filing, the trust will own term...
Euro-zone financial ministers said they would delay a new installment payment to Greece until it was clear that the nation had adopted new austerity measures. (Reuters) ICANN, the global domain name...
El Paso Corp. (NYSE: EP) owns one of the country’s largest pipeline systems, extensive natural gas storage capacity, and some E&P assets. It also owns the general partner interest, 100% of the...
Today’s review of developments in alternative energy includes a look at the drop in investment in clean energy projects, the likely cancellation of shale gas drilling permits in France, as well as...
More than 700 mild earthquakes have shaken an area of north central Arkansas in the past six months. State geologists aren’t sure if the quakes are part of a natural swarm, such as the state...
Today’s announcement of a definitive merger agreement between Ensco plc (NYSE: ESV) and Pride International Inc. (NYSE: PDE) is the first major deal among offshore drillers since the Macondo well...
The land rush to acquire and develop shale gas deposits remains as competitive as ever. But the way that the gas is extracted threatens to put a crimp in development of shale gas resources, as well...
Ever since 2005, when its offer to buy Unocal was withdrawn following cries of political rage, Cnooc Ltd. (NYSE: CEO) and other Chinese oil companies kept a low profile on acquisitions, particularly...