HOUSTON — In a finding that could help create a new industry of natural gas exports in the United States, a government study released on Wednesday concluded that the national economic benefits of significant natural gas exports far outweighed the potential for higher energy prices for consumers and industrial users of the fuel. The study […]
Too much regulation is standing in the way of the key to America’s energy future and in turn its economic growth, former General Electric Chairman Jack Welch said on CNBC. Removing barriers to developing natural gas is every bit as important as resolving the “fiscal cliff” of spending cuts and tax increases that looms ahead, […]
Tuesday, October 30, 12:22 PM Energy investors including Exxon Mobil (XOM) are favoring natural gas over oil sands acquisitions in Canada as the less-expensive way to supply Asian markets, a trend likely to continue next year. With at least five LNG projects valued at as much as $15B each proposed for British Columbia’s coast, proponents […]
2012-10-26 14:54:50.718 GMT By Joe Carroll and Tara Lachapelle Oct. 26 (Bloomberg) — With Exxon Mobil Corp. poised to lose its lead as the largest publicly traded oil producer by output, acquiring Anadarko Petroleum Corp. or EOG Resources Inc. would accelerate growth and help the company regain its lead. OAO Rosneft’s plan this week to […]
August 14, 2012 Kenneth Corbin The Financial Industry Regulatory Authority has reconstituted its board of governors, adding three new members and re-appointing three others. The new members, elected on Monday at FINRA’s annual meeting, will begin their terms immediately. Kevin Carreno, the general counsel at Orlando, Fla.-based International Assets Advisory, was elected as a representative […]
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today announced the results of voting that took place at its 2012 Annual Meeting today in Washington, DC. In accordance with FINRA By-Laws, firms elected three Governors, one from among the small firms, one from among its mid-size firms and one from among the large firms. These […]
NEW YORK (MarketWatch) — NiSource Inc. (US:ni) and private oil and gas company Hilcorp Energy Co. said Monday they’re launching a “major” venture in the Utica shale of Pennsylvania and Ohio. The partnership will begin with a first-phase investment of $300 million later this year. The companies will team up on a new gathering pipeline […]
By Claudia Assis SAN FRANCISCO (MarketWatch) — Crude-oil futures rallied Friday as investors cheered Europe’s plan to stanch its sovereign-debt problems and recapitalize its banks. Oil for August delivery CLQ2 +9.09% rose $7.27, or 9.4%, to end at $84.96 a barrel on the New York Mercantile Exchange, its best in three weeks and largest one-day […]
Exxon Mobil (XOM) CEO Rex Tillerson has indicated that the natural gas boom in the U.S. could boost the global economy. Tillerson said that “natural gas is quickly becoming a key enabler of economic growth and environmental progress around the world,” with demand in Asia set to rise by over 50% in the next 30 […]
NEW YORK (MarketWatch) — Chesapeake Energy Corp. CHK +3.77% is in talks to sell pipelines for $4 billion to Global Infrastructure Partners, according to a report by Bloomberg citing unnamed people familiar with the matter. Chesapeake is in advanced discussions to sell its entire stake in Chesapeake Midstream Partners LP CHKM +5.59% to the $10 […]