Porter Bennett, president and chief executive for Ponderosa Advisors, told attendees at Hart Energy’s DUG Midcontinent conference that “I have bearish tendencies” but he sees a future looks bright for producers and the midstream

Even with political forces and billions of taxpayer dollars aligned behind renewable energy, the energy mix two decades from now will look similar as wind and solar power face daunting challenges.

China recently awarded its second batch of shale gas blocks as part of its ongoing strategy to kick-start this emerging unconventional resource and exploit the potentially huge reserves.

Terry Higgins, Hart Energy’s executive director for refining and special projects, said that within 10 years, the U.S. will be the largest global producer of crude oil and liquids.

ExxonMobil executives said that natural gas will pass coal as the number two energy source in the next 30 years. Much of this increased usage will come from power generation.

The Clean Air Act hasn’t been updated since 1990 and that is likely to remain the case for at least the first few years of President Obama’s second term in office.

As the public becomes more aware of shale gas production, the oil and gas industry is becoming increasingly targeted for lawsuits.

Range Resources’ Walker says the play will top the Persian Gulf’s South Pars/North Dome Field’s output in a couple of years.

Completion techniques are improved and wells are getting better, says EnerVest’s Walker.

The location of the Marcellus and Utica shales has made these two plays among the most profitable in the U.S. and has attracted the attention of a whole slate of potential investors, including private equity and foreign operators.

Production in the South Texas play has zoomed ahead of the Bakken, experts say.

Development of unconventional resources is having a longer-term effect on the Gulf, says Jeffries & Co.’s Marko.

Industry ‘trying to superimpose’ old ethylene plant standards, he claims

Increasing transparency about the responsible and safe development of hydraulic fracturing is an ongoing challenge for the industry.

Natural gas flaring around the world is getting worse, not better, according to the latest World Bank Global Gas Flaring Reduction (GGFR) report.