Statoil completes sale of Marcellus acreage
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1y ago
Norwegian energy company Statoil said it retained some of its shale acreage in the United States, but completed a sale Friday of assets in West Virginia ..read more
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Pennsylvania to get power from shale gas
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1y ago
A Houston-based oil and gas company working primarily in U.S. shale basins said it signed a 10-year deal to supply natural gas for a Pennsylvania power plant ..read more
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Oil, gas services firm Baker Hughes posts year-on-year revenue boost
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1y ago
Oil and gas services firm Baker Hughes said Wednesday that income during the first quarter was nearly double year-ago levels, a performance the company said showed it was able to move through a rough market landscape ..read more
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North American drilling activity slumped, rig counts show
UPI.com » Marcellus Shale
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1y ago
North American drillers were sitting on the sidelines for much of March with oilfield services company Baker Hughes showing a net decline in exploration and production work for both the United States and Canada ..read more
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Afghanistan gets energy security grants
UPI.com » Marcellus Shale
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1y ago
With energy demand growing nearly twice as fast as its economy, the Asian Development Bank said it was distributing grants to address Afghan energy security ..read more
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U.S. gas producer Chesapeake makes LNG handshake with Gunvor
UPI.com » Marcellus Shale
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1y ago
U.S.-based shale natural gas producer Chesapeake Energy said Monday it signed a long-term agreement to deliver liquid gas to a company in Singapore ..read more
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Hess Corp. upbeat on production
UPI.com » Marcellus Shale
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1y ago
Even after selling off its stake in a U.S. shale basin, Hess Corp. said Wednesday its full-year production guidance for the year was unchanged ..read more
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U.S. shale leader Range sells Virginia shale assets for $876M
UPI.com » Marcellus Shale
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1y ago
U.S. shale leader Range Resources said it was selling off its holdings in Virginia to bring value forward at a time when the industry is in a downturn ..read more
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Hess unloads Utica shale to fund work in Guyana, Bakken
UPI.com » Marcellus Shale
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1y ago
U.S. energy company Hess Corp. said it would use the $400 million from the sale of assets in the Utica shale basin to fund work in Guyana and North Dakota ..read more
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Anadarko sells off Eagle Ford shale assets
UPI.com » Marcellus Shale
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1y ago
Parts of the shale basin in oil-rich Texas will be left behind in order to focus more on deepwater and other assets, Anadarko Petroleum announced ..read more
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