US Energy Boom Helps Philadelphia Shipping Industry

The 820-foot Liberty Bay sits dry-docked in Philadelphia's Aker Shipyard. A massive supertanker destined for the West Coast, the ship is set to launch next week when it will undergo its final outfitting before being delivered to SeaRiver Maritime in April. It's taken more than 1,000 workers a year to build the Liberty Bay, and construction has already begun on her sister ship in the same yard.



Drilling improvements boost crude production in the Eagle Ford, feds say

Better drilling efficiency and well productivity -- rather than the sheer number of rigs -- have driven oil and gas production for the Eagle Ford and other U.S. shale plays, according to new federal data.



Hydraulic fracturing has many benefits

WELCOME to Saudi Appalachia, which is now the third largest producer of natural gas in the world, thanks to the use of hydraulic fracturing, which unleashes the fuel from the Marcellus shale formation. The last five years have seen a whirlwind of activity, which has had a drastic effect on the area, the economy and even foreign policy.



North America's Unconventional Energy Boom

North America is in the midst of an unconventional energy boom that has transformed its prospects for energy self-sufficiency and helped reduce its carbon footprint in little more than five years. The expansion of shale gas production in the United States, the development of tar sands in Canada and the accelerating development of wind and solar power have not only altered the outlook for both countries, but continue to unsettle global energy markets.



Report: Oil and gas employment up 20 percent

An upswing in drilling activity in the Marcellus Shale gas field was reflected in a 20 percent jump in statewide oil and gas industry employment last year, a report from the Workforce West Virginia Investment Council shows.



North America leads the world in production of shale gas

The United States and Canada are the only major producers of commercially viable natural gas from shale formations in the world, even though about a dozen other countries have conducted exploratory test wells, according to a joint U.S. Energy Information Administration (EIA)/Advanced Resources International (ARI) study released in June. China is the only nation outside of North America that has registered commercially viable production of shale gas, although the volumes contribute less than 1% of the total natural gas production in that country. In comparison, shale gas as a share of total natural gas production in 2012 was 39% in the United States and 15% in Canada.



Marcellus Shale gas growing faster than expected

Natural gas production from the Marcellus Shale region is growing faster than expected, according to a new federal report issued Tuesday. Marcellus production has now reached 12 billion cubic feet a day, the Energy Information Administration report found. That's the energy equivalent of about 2 million barrels of oil a day, and more than six times the 2009 production rate.



These Shale Gas Plays Are Changing America's Energy Landscape

Shale gas flowing out of the Utica and Marcellus shale plays currently accounts for 18% of current total U.S. output. Over the next decade, those two shale gas plays will grow to account for about a quarter of America's natural gas production. This soaring production growth is really changing the energy landscape in America, especially when it comes to our pipeline infrastructure.



Proposed natural gas pipeline could create 15,000 jobs

Construction of a large-diameter liquefied natural gas pipeline that North Slope producers are considering could put as many as 15,000 people to work. ExxonMobil project manager Steve Butt, speaking during an update on the company’s work on a large-scale pipeline to the Support Industry Alliance forum in Fairbanks on Friday, said that scale of people is also one of the project’s biggest logistical challenges.



Monterey Shale would provide thousands of jobs, billions of dollars

Developing California’s oil-bearing Monterey Formation could mean up to 195,000 new jobs, more than $22 billion in personal income and $6.7 billion in new taxable sales for the San Joaquin Valley, according to a new study by economists from California State University, Fresno.

Comments (0) Print Page
(Maximum characters: 500)
You have characters left.

The Captcha image
Phonetic spelling (mp3)

Enter Code:

Related Topics

Expert Facts

Just the Facts Read More


New Ozone Rules

Most expensive regulations ever 

Industry Insider

Technical Docs for Energy Industry Read More



Expert Opinions about Energy Read More