Creditors lose historic sums in oil bankruptcies, Moody’s says

FuelFix by: Collin Eaton For the lenders that bankrolled the shale boom, the oil-market crash may leave as much financial wreckage behind as the devastating telecom bust in the early 2000s, Moody’s Investors Service said. On average, banks and bond investors have recovered only about $1 of every $5 they poured into the U.S. oil […]

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Forget OPEC — the next big energy story is the US election

Business Insider by: Elena Holodny All eyes have been glued on Saudi Arabia, Iran, and other major OPEC and non-OPEC producers amid lower oil. But there’s a big energy story that folks are missing. And it’s much closer to home. “There’s another big story out there as well, which is the US presidential election,” Eurasia Group CEO Robert Johnston told Business […]

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LNG Looks To Have A Bright Future As A Domestic Marine Fuel

The historic conundrum of developing Liquefied Natural Gas (LNG) as a marine fuel has a chicken versus egg element to it. Vessel operators interested in LNG are hesitant to make the commitment to build and/or convert ships to LNG without a guaranteed fuel supply. There is plenty of capital willing to build LNG liquefaction facilities, […]

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Antero to drill first Utica well in West Virginia in 2015

The Exponent Telegram by Jeremiah Shelor CLARKSBURG — Antero Resources will drill its first Utica natural gas well in West Virginia in the third quarter of 2015, the company announced this week in a presentation to investors. Al Schopp, Antero’s chief administrative officer and regional vice president, said the Utica well will be drilled in […]

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California farms are using drilling wastewater to grow crops

By Bloomberg California’s epic drought is pushing Big Oil to solve a problem it’s struggled with for decades: what to do with the billions of gallons of wastewater that gush out of wells every year. Golden State drillers have pumped much of that liquid back underground into disposal wells. Now, amid a four-year dry spell, […]

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Tom Wolf’s Severance Tax Political Disaster Part II

naturalgasnow.org by Charles A. Schliebs Rather than the Wolf Administration reaching out to the industry to create a solution to the severance tax issue that can appropriately provide funding to the state and its future budgets in a fair and reasonable manner (as suggested in our last issue), for some inexplicable reason, the Wolf Administration not […]

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