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 …
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 …
In Cheniere Energy’s (ticker: LNG) 2013 annual report, Chairman and CEO Charif Souki said, “it became apparent to us a few years ago that we must find demand or the hydrocarbon revolution will stop.”
Locating demand for its liquefied …
Wells Fargo Equity Research hosted a conference call July 2 with management from privately held Liberty Resources to discuss the slickwater completion technique it has used in the Bakken. In its follow-up research note, Wells Fargo’s E&P team summarized the …
The Dow Jones Industrial Average closed above 17,000 for the first time in history in a shortened session on July 3, 2014. The average flirted with the historical mark for the past week but finally broke the barrier following a …
Another Fourth of July is just around the corner—America’s Independence Day, the one we traditionally celebrate with food, flags, fireworks and filling.
FOOD: The National Hot Dog and Sausage Council estimated that Americans will eat about 150 million hot dogs …
Today on CNBC’s “Squawk on the Street,” former CEO of Gulf Oil Joe Petrowski discussed downstream factors behind rising gasoline prices. Petrowski said urbanization and smaller, fewer cars per family has lessened reliance on gasoline. “There’s a profound demographic trend …
Former U.S. Congressman Bob Beauprez won Colorado’s Republican gubernatorial nomination with 31% of Republican votes. In November, Beauprez will challenge Democrat incumbent Governor John Hickenlooper to become the state’s chief executive.
How do the two candidates compare — on paper?…
Bloomberg reported last week that Goldman Sachs, Societe Generale SA and BlackRock all see natural gas staying in the $4.00 – $5.50 range for the next 10-20 years. “Rising U.S. shale gas production is driving fear out of the futures …
Thirteen months ago, Denver’s privately held Meritage Midstream announced a joint venture with Arch Coal (ticker: ACI), of St. Louis, Missouri, to form Black Thunder Terminal, LLC, to develop a rail terminal to provide crude oil handling, storage, rail loading …
Public sentiment about hydraulic fracture stimulation (fracing) and other aspects of oil and gas exploration and production in Colorado has generated a lot of sentiment in recent months. A variety of Colorado municipalities want to institute local rules, ballot initiatives …
PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, East Texas, South Louisiana and the shallow Gulf of Mexico. The company has …
Acute need: 6 new pipeline projects under construction + 19 awaiting approval could add 3.5 Bcf/d capacity in 2015
The United States natural gas boom, spearheaded by the expanded development of the Marcellus Shale, has boosted the country to become …
India has extended approval by six months, beginning June 28, for two Iranian ship underwriters to provide insurance for container, tanker and bulk vessels calling at Indian ports, the Wall Street Journal reported yesterday. The decision to relax sanctions against …
Residents of Loveland voted against a moratorium on fracing on June 24, the first city in Colorado to do so.
Loveland is the sixth Colorado city to put a halt on fracing to a vote according to the Coloradoan. …
Synergy Resources Corporation (ticker: SYRG) is a domestic oil and natural gas exploration and production company with 392,000 gross (286,000 net) acres under lease. Synergy’s core area of operations and all of its production comes from the Denver-Julesburg Basin, which …
According to govtrack.us, U.S. Representative Cory Gardner passed his H.R. 6 bill, also known as the Domestic Prosperity and Global Freedom Act, through the House on June 25, 2014. The bill passed on a count of 266-150, with 46 …
Natural gas-powered trucks gaining popularity with over-the-road freight haulers
When you take the family out for the summer road trip, that 18-wheeler you are about to pass might be a Kenworth T680 road tractor with a concealed bank of compressed …
Driving around the oil fields of North Dakota outside of Minot, you’re struck by the fact that you are surrounded by thousands of square miles of rich, expansive farmland—green fields as far as the eye can see. But it’s what …
Maersk Drilling Orders Industry’s First 20-ksi Deepwater Blowout Preventers for 2 Ultra-Deepwater Drilling Rigs
Maersk Drilling (Ticker: MAERSK-B.CO) has ordered four blowout preventers (BOPs) and two risers from GE Oil and Gas (Ticker: GE). The GE Oil and Gas …
On Monday, June 23, the Supreme Court ruled against the Environmental Protection Agency’s (EPA) expansion of authority for the first time in years.
The case was Utility Air Regulatory Group v. Environmental Protection Agency et al. A major part …
ExxonMobil (ticker: XOM) is the largest publicly traded international oil and gas company, with an estimated 25.2 billion BOE of reserves in its 2013 year-end report. The company has a market cap of approximately $441 billion and is the …
EnerCom traveled with Lonestar Resources, Ltd. (ticker: LNREF, LNR) to meet with institutional investors on a non-deal roadshow in Dallas and Houston during June 2014.
Click here for the company’s latest presentation.
Lonestar Resources is a leading independent oil and …
With its 55 nuclear reactors currently offline in answer to the devastating earthquake and tsunami it suffered in March 2011, Japan has been forced to import more expensive alternative fuels to replace the homegrown nuclear-fueled electrical generation capacity which previously …
Sempra Energy (ticker: SRE) has received approval from the Federal Energy Regulatory Commission (FERC) to build the second liquefied natural gas (LNG) export plant in the United States, according to a company press release on June 19, 2014. The …
