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FirstEnergy Projects Support West Virginia Shale Gas Boom

2014-12-22 19:19:00| Transmission & Distribution World

FirstEnergy Corp. is working on about $100 million in new transmission projects and is evaluating additional system upgrades to support northern West Virginia's rapidly expanding Marcellus Shale gas industry. read more

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New York fracking ban is bad news shale gas producers

2014-12-21 02:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Rediff: A ban on fracking by the New York state is a small setback for India's largest private firm, Reliance Industries, which has invested $7 billion in US shale gas. On Thursday, the New York state banned fracking for health reasons. It said fracking, with horizontal drilling and chemical-laced water, could increase the risk of cancer, skin rashes, and upper respiratory tract problems. If the rest of the states in the US follow, it could put billions of dollars of investment at risk. Analysts...

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Oil Crash Exposes Weakness in Shale Drillers' Insurance: Energy

2014-12-19 17:43:17| Energy - Topix.net

At least six companies, including Pioneer Natural Resources Co. and Noble Energy Inc., used a strategy known as a three-way collar that doesn't guarantee a minimum price if crude falls below a certain level, according to company filings.

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Oil Crash Exposes New Risks for U.S. Shale Drillers

2014-12-19 15:24:37| Oil & Gas - Topix.net

Tumbling oil prices have exposed a weakness in the insurance that some U.S. shale drillers bought to protect themselves against a crash. At least six companies, including Pioneer Natural Resources Co.

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A Chat on New Yorks Shale Gas Ban w/ Anti-Fracking Superhero Mark Ruffalo

2014-12-18 19:15:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: On Twitter early this morning, I had a productive exchange about Gov. Andrew M. Cuomos decision to ban shale gas development in New York with Mark Ruffalo, the actor best known for playing the Marvel comic character Hulk. Ruffalo, who lives near the Delaware River in the upstate New York region that was targeted for shale gas drilling, is one of many prominent public figures who pressed Cuomo long and hard to ban hydraulic fracturing, popularly known as fracking. We both would love to see...

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