America

Encana Corp. plans to continue to keep its eye on the “highest-return plays” in North America, which for the near term means more liquids and oil development and no natural gas drilling, CEO Randy Eresman said Wednesday.

Kinder Morgan Energy Partners LP (KMP) and BP North America struck agreements for KMP to provide BP with condensate processing services and storage at Kinder Morgan’s terminals on the Houston Ship Channel.

Nabors Industries Ltd., North America’s largest onshore drilling contractor, said last week operating results in the second quarter will fall below Wall Street expectations, primarily because of a slump in pressure pumping services and higher operations costs. To improve efficiencies, the company plans to consolidate its U.S. well servicing and pressure pumping operations.

Nabors Industries Ltd., North America’s largest onshore drilling contractor, expects operating results in the second quarter to fall below Wall Street expectations, primarily because of a slump in pressure pumping services and higher operations costs. To improve efficiencies, the company plans to consolidate its U.S. well servicing and pressure pumping operations.

Canadian energy merchants will break out of North America and into overseas markets within six years, predicts the nation’s biggest pipeline empire. Exports of liquefied natural gas (LNG) will begin from new tanker terminals on the Pacific Coast of British Columbia (BC) at Kitimat in late 2017, TransCanada Corp. has told the National Energy Board (NEB).

Canadian energy merchants will break out of North America and into overseas markets within six years, predicts the nation’s biggest pipeline empire. Exports of liquefied natural gas (LNG) will begin from new tanker terminals on the Pacific Coast of British Columbia (BC) at Kitimat in late 2017, TransCanada Corp. has told the National Energy Board (NEB).

While the potential is widely recognized, a shale boom in Mexico akin to the rest of North America is unlikely any time soon, an analyst with the Houston office of Wood Mackenzie told NGI.

Calgary-based Talisman Energy is abandoning a project it had considered with Sasol Canada to develop Canada’s first gas-to-liquids (GTL) facility to create transportation fuels from natural gas.

Kinder Morgan Inc. Wednesday morning declared a force majeure on a portion of its Natural Gas Pipeline Company of America (NGPL) natural gas pipeline in North Texas while media reports said “a massive orange haze” from a fire filled the area sky in the Texas Panhandle.