Tag / 2009

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2009

Service Operators Unsure on U.S. Gas

Oilfield services operators last week reported stronger sequential earnings in 1Q2010 from the last three months of 2009 because of a boost in U.S. onshore spending, but with North American natural gas prices failing to show much strength, the outlook for the second half of this year is uncertain, CEOs of Halliburton, Nabors Industries Ltd. and Schlumberger Ltd. said last week.

April 26, 2010

People

Randall Luthi, who was director of the Interior Department’s Minerals Management Service between July 2007 and January 2009, Monday became president of National Ocean Industries Association (NOIA), which represents the offshore energy industry. He succeeds Tom Fry, who retired after heading up the organization for years. The NOIA board of directors selected Luthi as Fry’s successor at its meeting last fall. “I’m honored to have this opportunity to represent the NOIA membership and excited by the upcoming challenge of working to impact policies favorable to the offshore energy industry,” Luthi said.

March 2, 2010

People

Randall Luthi, who was director of the Interior Department’s Minerals Management Service between July 2007 and January 2009, Monday became president of National Ocean Industries Association (NOIA), which represents the offshore energy industry. He succeeds Tom Fry, who retired after heading up the organization for years. The NOIA board of directors selected Luthi as Fry’s successor at its meeting last fall. “I’m honored to have this opportunity to represent the NOIA membership and excited by the upcoming challenge of working to impact policies favorable to the offshore energy industry,” Luthi said.

March 2, 2010

Prices Decline Again at Nearly All Points

Cash traders appear to be convinced that the 2009-2010 winter is pretty much a done deal already, even with temperatures starting to fall again in several regions. Prices fell at nearly all points Monday.

February 23, 2010

Prices Decline Again at Nearly All Points

Cash traders appear to be convinced that the 2009-2010 winter is pretty much a done deal already, even with temperatures starting to fall again in several regions. Prices fell at nearly all points Monday.

February 23, 2010

Halliburton Sees Upturn in U.S. Market, But 2010 ‘Anyone’s Guess’

Halliburton began to see an upturn in the North American oilfield services market in the last three months of 2009, but it will take at least until the end of March to get a sense of where the U.S. natural gas markets are headed this year, executives said Monday.

January 26, 2010

Halliburton Sees Upturn in U.S. Market, But 2010 ‘Anyone’s Guess’

Halliburton began to see an upturn in the North American oilfield services market in the last three months of 2009, but it will take at least until the end of March to get a sense of where the U.S. natural gas markets are headed this year, executives said Monday.

January 26, 2010

2009 Called ‘Terrific Year’ for Energy Investors

“Terrific” may not be the first word that comes to mind when describing the economy in 2009, but for investors in natural gas and oil stocks, last year was absolutely divine, with nearly 85% of the stocks in the global market delivering positive returns, according to a report issued last week by energy research firm IHS Herold.

January 18, 2010

2009 Called ‘Terrific Year’ for Energy Investors

“Terrific” may not be the first word that comes to mind when describing the economy in 2009, but for investors in natural gas and oil stocks, last year was absolutely divine, with nearly 85% of the stocks in the global market delivering positive returns, according to a report issued Monday by energy research firm IHS Herold.

January 13, 2010

MarkWest Sells Offshore Interest to Focus on Shales

Denver-based MarkWest Energy Partners LP has sold its 50% interest in Starfish Pipeline Co. LLC to Enbridge Offshore (Gas Transmission) LLC, an Enbridge Inc. company, effective Dec. 31, 2009, the company said Monday.

January 6, 2010
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