Chesapeake Energy Corp. has become the most high-profile oil and gas company to emerge from US Chapter 11 bankruptcy protection and has a new agenda to boost natural gas output with greener overtones in Appalachia and the LNG-producing area of the Gulf Coast from its 1.6 million net acres in key American basins.
Tokyo Gas, one of the leading Japanese LNG importer with a supply agreement at the Cove Point plant in Maryland, has now significantly boosted its shale-gas production plans in Texas by acquiring an additional stake in Houston, Texas-based Castleton Resources to own a majority of the company
Osaka Gas, the Japanese utility is advancing its strategy of US shale investments and with world-class LNG supplies backed by a gas-fired power generation model for Japan and Asia.