Story by Reuters And a similar bill in the Senate faces an uncertain future because backers need the support of several Democrats to ensure its passage. Ahead of the vote, Representative Fred Upton, a Michigan Republican and the chairman of the House Energy and Commerce Committee, cited studies that say freeing exports may lower gasoline prices. He said eliminating the
Story by the Albuquerque Journal The price of oil won’t be down for long, at least according to one wealthy expert. As soon as December of this year, oil is predicted to be back to $70 per barrel, said T. Boone Pickens, keynote speaker at Monday’s 2015 Southeastern New Mexico Mayor’s Energy Summit. Pickens, founder of Mesa Petroleum and current
Resolute Energy Corporation (ticker: REN), an exploration and production company based in Denver, Colorado, took a step to enhance its liquidity by selling its Hilight Field asset for $55 million. The divesture, announced on September 16, 2015, is intended to reduce debt and will close before October 6. REN management began marketing the properties in June, and the company will
Frac fluid biocide wins industry award The Ben Franklin Shale Gas Innovation & Commercialization Center (SGICC) announced FyreRok Biofluids won the 3rd Annual Shale Gas Environmental, Health & Safety (EH&S) Award today. FyreRok, a Bellefonte, Pennsylvania, based company, was given the EH&S Award for its technology which develops a hypochlorous acid at well pad sites to use as a non-toxic
Oil & Gas 360 speaks with Jeff Ventura, Chairman, President and Chief Executive Officer of Range Resources (ticker: RRC), at The Oil & Gas Conference 20. Ventura talks about opening up the Marcellus Shale and realizing its potential as a premier U.S. asset, Range’s advantages in the play, the geography of the Marcellous and Utica, ethane and LNG exports, the
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