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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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