Admitting

A decision on whether to move forward with the long-proposed Mackenzie Gas Project (MGP) has suffered yet another delay, with Canadian regulators admitting Friday that they will not complete a report on the natural gas project for another year.

As a new generation of thermal production begins, Alberta oilsands developers are admitting that they use too much natural gas and are beginning to cut consumption by introducing new technology on a large scale.

As a new generation of thermal production begins, Alberta oilsands developers are admitting that they use too much natural gas and are beginning to cut consumption by introducing new technology on a large scale.

While admitting its election came too late to ameliorate the Mackenzie Gas Project’s (MGP) regulatory ordeal, Canada’s nine-month-old Conservative government is vowing to make life easier for developments the northern pipeline is expected to inaugurate.

While admitting its election came too late to ameliorate the Mackenzie Gas Project’s (MGP) regulatory ordeal, Canada’s nine-month-old Conservative government is vowing to make life easier for developments the northern pipeline is expected to inaugurate.

Perhaps admitting to a little bit of overzealousness during Monday’s 16-cent rally, natural gas futures traders in overnight Access trading and then again on Tuesday pushed the February contract lower. With non-commercial traders continuing to hold a sizeable net-short position and some market watchers believing that the four-month-long downtrend is still intact, the question now becomes how much longer can the trend continue before it shows signs of cracking.

Without admitting any wrongdoing, Houston-based BP Energy Co. on Friday entered into a stipulation and consent deal with FERC staff to resolve charges that the energy company manipulated prices for electricity destined for the California market.

Without admitting any wrongdoing, National Fuel Gas Supply Corp. last week entered into a consent agreement with FERC enforcement authorities to settle charges that the interstate pipeline gave preferential treatment to certain select customers, including its natural gas marketing affiliate, from 1999 through mid-2002.

Without admitting any wrongdoing, National Fuel Gas Supply Corp. has entered into a consent agreement with FERC enforcement authorities to settle charges that the interstate pipeline gave preferential treatment to certain select customers, including its natural gas marketing affiliate, from 1999 through mid-2002.