| 1. Economy, Prices Send Rockies Gas Output Plummeting |
|
from Natural Gas Intelligence Jan 18, 2010
BP plc's U.S. arm plans to cease natural gas drilling in La Plata County, CO, for at least six months to pursue development opportunities elsewhere in the United States, the company said Thursday. The news comes as states across the country reported that gas output fell by double digits in 2009 from 2008.( more )
|
| 2. Barclays Team Finds Surprises, Trends in Gas Market This Year |
|
from Natural Gas Intelligence Jan 4, 2010
With the year drawing to a close, Barclays Capital analysts compiled a "best of" list for what they considered to be the 10 biggest surprises in the natural gas market in 2009 and implications for 2010.( more )
|
| 3. Winter Weather Could Reset 2010 Gas Market |
|
from Natural Gas Intelligence Jan 11, 2010
The risk of a "winter weather reset" of the natural gas market based on depletion of gas in storage has come in higher and sooner than forecast, Barclays Capital analysts said last week. As succeeding waves of super cold plague vast areas of the country, all are watching the storage numbers closely. The volume of gas remaining in storage on March 31 will set the tone of the market for the rest of the year.( more )
|
| 4. Taxation Concerns Weigh On the Minds of Natural Gas Investors |
|
from Natural Gas Intelligence Feb 1, 2010
Wall Street is running scared, and its concern over who is going to pay for the massive federal budget deficits extends to the energy industry.( more )
|
| 5. Gazprom Rumored in Hunt for U.S. JV, M&A Shale Partner |
|
from Natural Gas Intelligence Feb 1, 2010
With more liquefied natural gas (LNG) imports moving to more profitable European and Asian markets because of an overabundance of gas in North America, Russia's Gazprom may be looking for a joint venture (JV) or a merger and acquisition (M&A) opportunity among the domestic shale players, an energy expert said Thursday.( more )
|
| 6. Chesapeake Leads Anchor Shippers on Spectra Project |
|
from Natural Gas Intelligence Jan 4, 2010
Chesapeake Energy Corp., Consolidated Edison and Statoil Natural Gas have stepped up with binding precedent agreements for capacity on an expansion of Spectra Energy Corp.'s Texas Eastern Transmission and Algonquin Gas Transmission systems to deliver gas to the New Jersey and New York area. The commitments are enough for the company to proceed with the project, Spectra said.( more )
|
| 7. EnCana Offering Reward for Saboteur's Capture |
|
from Natural Gas Intelligence Jan 19, 2009
EnCana Corp. is offering up to C$500,000 for information directly leading to the arrest and prosecution of the party responsible for recent bombings at company facilities in the Tomslake area near Dawson Creek, BC.( more )
|
| 8. ExxonMobil's XTO Deal Lifts North American Gas Prospects |
|
from Natural Gas Intelligence Dec 21, 2009
ExxonMobil Corp. advanced the cause for North American natural gas last week after agreeing to pay $41 billion to acquire unconventional gas powerhouse XTO Energy Inc.( more )
|
| 9. With Large Draws, EIA Sees End-of-Winter Storage at 1.7 Bcf |
|
from Natural Gas Intelligence Jan 18, 2010
Continued high natural gas inventory levels, enhanced production capabilities and slow consumption growth are expected to keep natural gas prices from rising dramatically in the coming months, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for January.( more )
|
| 10. Gazprom Rumored in Hunt for U.S. JV, M&A Shale Partner |
|
from Natural Gas Intelligence Feb 1, 2010
With more liquefied natural gas (LNG) imports moving to more profitable European and Asian markets because of an overabundance of gas in North America, Russia's Gazprom may be looking for a joint venture (JV) or a merger and acquisition (M&A) opportunity among the domestic shale players, an energy expert said Thursday.( more )
|
