News

05.06.15

Duke Energy buys 7.5% stake in $3 billion natural gas pipeline

Charlotte-based Duke Energy has bought a 7.5 percent stake in the proposed $3 billion, 500-mile Sabal Trail natural gas pipeline that will run through Alabama, Georgia and Florida in order to supply the growing demand for natural gas in those states.

 

04.29.15

America's Good News Energy Story

The U.S. is set to reap big strategic rewards from the fracking revolution.

 

04.29.15

LoneStar Energy Fabrication Completes Work on $5.1 Billion Big Foot Project

The 4,600HP, modular, extended tension-leg platform is the industry's largest and will operate in the Bigfoot oil and gas field, 225 miles south of New Orleans at a depth of 5,200 feet.

 

03.30.15

Methane in drinking water unrelated to fracking, study suggests

Fracking doesn't appear to be allowing methane to seriously contaminate drinking water in Pennsylvania, a new study finds - contrary to some earlier, much publicized research that suggested a stronger link.

 

03.24.15

Fracking Rule Could Slow Energy Revolution

Onshore production of natural gas in federal areas fell 21.6 percent. The reason is federal policy. In contrast, state and private lands production increased 57.4 percent.

 

03.11.15

This Week's Top Energy Jobs

The energy industry - oil & gas sector in particular - is bracing itself for a massive wave of retirements... companies are looking to the next generation of candidates with skills ranging from finance, geology, engineering, law, etc.

 

03.02.15

Why $100 Oil Won't Be Coming Back for a Long Time

A growing consensus is emerging from the likes of BP Plc, the International Energy Agency, shale wildcatters and even the Saudis that a near-term recovery to $100-a-barrel crude isn't in the cards. Instead, expect a range of $50 to $60 for at least the next few years.

 

03.02.15

Coastal governors seek federal plan for sharing offshore revenue

Seven governors from coastal states recently agreed to seek consolidated federal legislation establishing a multi-state plan for sharing revenue from federal offshore energy development.

 

02.24.15

Obama Vetoes Keystone XL Pipeline Bill, Defying GOP

Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.

 

02.19.15

Energy advocacy groups speak out against offshore drilling decision

Three energy advocacy groups are condemning a decision to omit Florida from a proposed federal plan to conduct offshore oil and natural gas exploration in areas known to contain energy resources.