Jude Hislop, Author at The American Energy News Page 173 of 203

More taxes on Pennsylvania natural gas will curtail job creation – API

“The shale revolution that was born in Pennsylvania has saved consumers an estimated $1,200 per household annually” – API The natural gas industry has come out swinging over the Pennsylvania Governor’s renewed call for a severance tax on the state natural gas industry. “Once again, Governor Wolf has renewed his call for a punitive and additional tax on

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U.S. mining, exploration investment declined 35% in 2015

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Mining and exploration investment as a share of total private investment declined from 5.2% in 2014 to slightly more than 3% in 2015 Mining and exploration investment declined 35 per cent in 2015, the second largest year-over-year decline since the U.S. Bureau of Economic Analysis (BEA) began reporting the series in 1948. Most mining and exploration investment

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Lithium Ion batteries are leading energy storage for new projects – study

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Estimated 1,653.5 MW of new storage announced worldwide in 2015, 33.8% of new capacity coming from North America A new report from Navigant Research says 2015 marked a record year for the global energy storage industry, with continued increases in deployed and newly announced project capacity. The study examines global energy storage projects, providing a database of 1,119

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CxEnergy conference and expo moving to Dallas April 11-13

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CxEnergy, the only conference and expo dedicated exclusively to building commissioning and energy management, is moving to Dallas, TX in 2016 and attendees, exhibitors and supporting organizations are already signing up. CxEnergy 2016 is being held April 11-13 at the Hilton Anatole, one of the city’s finest luxury hotels and conference centers. Nearly 20 repeat

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Natural gas use for power generation higher than any other winter

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Natural gas prices began 2015 low, fell throughout year: Dec. average was $1.93/MMBtu, lowest monthly price since March 1999 Natural gas burn in the electric power sector has averaged 25.0 Bcf/d so far this winter (Nov. 1 through Feb. 8), up 17 per cent from last year’s average of 21.4 Bcf/d during the same period and significantly higher than the

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Permian Basin News: WPX Energy sells Piceance subsidiary for $910 Million

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WPX has re-shaped company by high grading portfolio, adding decades of drilling inventory, executing $5.5B in transactions over 21 months WPX Energy announced Tuesday that it has signed an agreement to sell its wholly owned subsidiary WPX Energy Rocky Mountain, LLC, to Terra Energy Partners LLC for $910 million. The parties expect to close the sale in

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Craddick praises energy production in heart of Texas’ Permian Basin

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Permian Basin production holding up despite low oil prices – Craddick Railroad Commissioner Christi Craddick spoke to the Midland Chamber of Commerce’s board today about the current state of Texas energy, highlighting encouraging oil industry activity in the Permian Basin early this year. “There are a few key reasons why companies from across the world

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SCOTUS ruling on electrical system demand response means lower prices

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Demand response means less efficient electricity generation do not need to come online during times of high demand A recent Supreme Court ruling is expected to result in faster growth in demand response in the wholesale electricity markets that cover about 60 per cent of US power supply, according to the US Energy Information Administration. Demand response

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Drones set to “revolutionize” oil & gas data collection – study

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“The usage of drones would literally astonish the industry with its capability to get as much data available in the last 30 years within 45 minutes.” – report Drones, small unmanned aerial craft capable of carrying cameras and sensors, are set to revolutionize oil and gas data collection, according to a new report from Research and Markets.

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Argentina’s Vaca Muerta shale play has big expectations, high interest

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Compared to US shale plays, Eagle Ford geology in south Texas comes closest to Vaca Muerta Despite volatile oil prices that have drastically reduced oil and gas drilling activity worldwide, operators that have weathered the oil price decline are positioning themselves to tap the potential of the next “big unconventional play.” American Energy News reported that

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