Industry News

• Range sues Texas resident after YouTube post

  18 May 2012 @ 10:20 pm

  One case of activism against hydraulic fracturing has taken an unusual turn after a company involved slapped a complaining resident with a countersuit alleging defamation, a report said.
• Repsol cancels LNG cargoes to Argentina

  18 May 2012 @ 9:18 pm

  Spain's Repsol has canceled its contract to supply Argentina with liquefied natural gas, a report Friday said.
• Chesapeake cuts director pay

  18 May 2012 @ 8:51 pm

  Chesapeake Energy, under growing pressure from shareholders to improve corporate governance, reduced the compensation for its outside directors by 20% and eliminated their use of its aircraft for personal travel, the company said on Friday.
• US natgas futures continue climb

  18 May 2012 @ 8:43 pm

  Front-month US natural gas futures rose to a 3-1/2-month high on Friday, as tighter supply-and-demand fundamentals and warmer extended weather forecasts continued to drive gains despite overbought technicals.
• Oil slips, posting third weekly loss

  18 May 2012 @ 8:33 pm

  Oil prices fell on Friday in tug-of-war trading, posting a 2012 low and a third straight weekly loss as debt problems in Greece and Spain kept concerns about the euro zone economy in focus.