Cabot’s profits slip 62 percent amid lower oil prices
The Houston-based company said it offset plunging prices by ramping up output in the first quarter.
View ArticleEnergy Transfer signs small Pennsylvania driller on to $1.5 billion Marcellus...
The previously announced Revolution project includes a 100-mile pipeline running through Pennsylvania.
View ArticleVantage Energy said to explore sale after scrapping IPO in 2014
The Englewood, Colorado-based company is working with Barclays Plc to find a buyer, said the people, who asked not to be identified because the information is private.
View ArticleEPA to block drillers from sending wastewater to municipal treatment plants
The oil and gas industry faces winnowing options for getting rid of the wastewater that flows out of wells, as the EPA moves to block municipal treatment facilities from accepting it and earthquake...
View ArticleCabot CEO: “Better days ahead” after second-quarter loss of $27.5 million
Stubbornly low natural gas prices caused Cabot Oil & Gas Corp to lose $27.5 million in the second quarter, but a new pipeline in the works should help the company more easily move its gas to market...
View ArticleNoble Energy posts $109 million loss
Despite the collapse in crude oil and natural gas prices, Noble expects to continue ramping up production through the rest of the year at an increasingly cheaper cost.
View ArticleEQT suspends natural gas drilling in parts of Pennsylvania and West Virginia
The Pittsburgh-based company won’t drill new wells in central Pennsylvania and in the Upper Devonian shale basin, which sits atop the Marcellus reservoir in the western part of the state, the company's...
View ArticleSouthwestern Energy wells see surge in gas production as costs fall
Southwestern Energy Co. says it is figuring out ways to drill better-performing wells on West Virginia and Pennsylvania land it bought from larger operators last year, even as energy prices remain cheap.
View ArticleNoble down $283 million in third quarter
Despite pumping more oil and gas than it did the same time a year ago, Noble Energy swung to a loss in the third quarter as anemic prices couldn't offset the higher volumes.
View ArticlePennsylvania sues gas driller over ‘deceptive’ leases
The lawsuit alleges that Oklahoma City-based Chesapeake Energy Corp. tricked landowners into signing one-sided leases in the early years of the Marcellus Shale drilling boom and then improperly...
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