Energy Secretary Rick Perry on Tuesday said he expects Mexico and Canada will join the United States in drafting a revamped North American Free Trade Agreement (NAFTA) to incorporate cooperation for the continent’s burgeoning natural gas and oil trade. Read More
Royal Dutch Shell plc topped Wall Street forecasts with strong results across the board during the third quarter, perhaps affirming, as its Big Oil peers have done in recent days, that $50/bbl oil isn’t so bad. Read More
Chevron Corp. CEO John Watson helmed his final conference call on Friday for the San Ramon, CA-based supermajor, accepting congratulations from analysts, and waxing on about the state of the industry. Read More
Canadian natural gas supplies will remain nearly flat for six years as aging conventional flowing wells run down and unconventional production picks up speed to replace the depleting old reserves, according to new projections by the National Energy Board. Read More
Residential customers should expect an average 5% increase on their natural gas bills this winter as colder weather leads to higher demand and prices, the American Gas Association (AGA) said Tuesday. Read More
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