The Jones Act is the nickname for a 94-year-old law entitled the Merchant Marine Act of 1920 that allows only U.S.-made, U.S.-manned, and U.S.-flagged ships to transfer goods or passengers between U.S. ports. Although it was meant to protect domestic …
Whiting Petroleum (ticker: WLL) has announced the acquisition of Kodiak Oil & Gas (ticker: KOG), making the company the largest producer in the prolific Bakken/Three Forks area in the Williston Basin.
COMBINED COMPANY
Magnum Hunter Resources Reports Mid-Year 2014 Proved Reserves of 79.8 MMBoe
…The Utica Shale and LeBron James are unintentionally teaming up to inject life into Ohio’s struggling economy. James announced the return to his hometown of Cleveland on July 11, 2014 – just days after Ohio state officials said natural gas …
Resolute Energy Corporation to Announce Results for the Second Quarter Ended June 30, 2014 and Hold Investor Conference Call on Tuesday, August 12 at 4:30 PM EDT
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It is no coincidence that ISIS is using the oil fields and pipelines it captured in Iraq and Syria to sell crude oil for the purpose of funding its activities, according to a report in Istanbul’s Daily Sabah, dated July …
Algeria’s government owned energy company, Sonatrach, has announced plans to start producing gas from six new gas fields, with initial plans to drill four shale gas wells in 2014 in the basins of Ahnet (south of In Salah) and Illizi, …
China National Offshore Oil Company, or CNOOC, announced it has signed a deal worth $1.6 billion to build equipment for the Yamal LNG project in Siberia. The project is currently scheduled to begin in 2017 and annual capacity per LNG …
Is U.S. Oil Independence Just a Pipe Dream?
…Magnum Hunter Resources Schedules Second Quarter 2014 Financial and Operating Results Conference Call for August 8, 2014
…Penn Virginia Corporation Announces Acquisition of Eagle Ford Shale Assets
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Thanks in part to the U.S. shale oil boom, OPEC is predicting that its share of the world oil market will shrink in 2015 for a third year running, Reuters reported on Thursday. In its 2015 Oil Market Outlook, …
Swiss real estate developer Stropiq has locked up 430,000 sq. ft. of anchor tenants for its planned 1 million-square-foot, 200+ acre, mixed use complex in the heart of North Dakota’s Bakken oil country. The development, called Williston Crossing, is scheduled …
SandRidge Energy, Inc. Announces 2014 Second Quarter Shareholder Update and Financial Results Release Date and Conference Call Information
…Miller Energy to Host Fourth Quarter and Fiscal Year 2014 Earnings Call
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20,000 U.S. Jobs, $7B Project Stuck in Limbo
As of July 9, the Keystone Project has been studied for 2,119 days, according to the House Energy and Commerce Committee. No other pipeline has taken so long to gain approval.…
Synergy Resources Corporation (ticker: SYRG) announced it has finalized a turn-key contract for its third rig and will be adding it to its Wattenberg acreage immediately, according to a company news release on July 9, 2014. The terms of the …
Prices for natural gas fell to a near six-month low early this week following forecasts for lower summer temperatures. On July 9, contracts for August gas traded as low as at $4.17 per thousand cubic feet (Mcf) on the New …
In the context of a new climate change summit in Beijing, the U.S. and China have signed eight partnership pacts to promote the exchange of research and technology for greenhouse gas-cutting initiatives, the International Business Times reported.
“In one of …
ExxonMobil (ticker: XOM) has submitted a formal application to the Federal Energy Regulatory Commission to construct an LNG plant at its Golden Pass facility in Sabine Pass, Texas. The proposal, officially submitted on July 9, 2014, is part of a …
RPC, Inc. Announces Date for Release of Second Quarter 2014 Financial Results and Conference Call
…Core Lab Announces Q3 2014 Quarterly Dividend
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The northern Denmark town of Frederikshavn has granted Total SA permits to drill the country’s first test wells for shale gas, according to a PetroGlobal News report.
In 2013, Denmark produced less energy than it consumed for the first time …
Hawaii has a long list of issues whirling around its expensive energy situation.
It stems from the fact that Hawaii is home to the U.S.’s most expensive electricity. Since the island state has no reserves of native fossil fuels that …
Rice Energy (ticker: RICE) is an independent natural gas and oil company engaged in the acquisition, exploration and development of hydrocarbons in the Appalachian Basin. The company filed its initial public offering in January 2014. Approximately 33% of the company’s …
The United States Energy Information Administration reported today that production of fossil fuels from federal and Indian lands fell 7% in FY2013, compared to production in FY2012.
“Since FY 2003, sales of fossil fuels produced on federal and Indian lands …
Energy Entrepreneur T. Boone Pickens revisited CNBC on Monday, reiterating his call for natural gas as widespread transportation fuel. Pickens told CNBC that energy independence would come much faster if the country’s over-the-road truck fleet were converted to natural gas …
CARBO Schedules Second Quarter 2014 Earnings Call for July 31, 2014
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