Arena

ConocoPhillips to ‘Starve’ Dry Gas Drilling, Says CEO

Energy commodity prices aren’t cooperating in any arena at the moment, but ConocoPhillips is confident that diverting its natural gas rigs to more liquids targets in North America is the right path forward, CEO Ryan Lance said last week.

July 30, 2012

ConocoPhillips to ‘Starve’ Dry Gas Drilling, Says CEO

Energy commodity prices aren’t cooperating in any arena at the moment, but ConocoPhillips is confident that diverting its natural gas rigs to more liquids targets in North America is the right path forward, CEO Ryan Lance said Wednesday.

July 26, 2012

Statoil $157.1M Offer Tops Bids in Central GOM Auction

Statoil Gulf of Mexico LLC topped all bidders for all of the acreage offered on Wednesday in the first Central Gulf of Mexico (GOM) lease sale since the Macondo well blowout with an offer of $157.1 million for a deepwater block in Mississippi Canyon (MC), the highest for any GOM prospect in 30 years.

June 21, 2012

IHS CERAWeek: LNG Changes ‘Startling’

The global liquefied natural gas (LNG) arena offers plenty to watch: Growing supplies in Australia coupled with growing demand from traditional and emerging Asian markets, for instance. But “one of the most startling developments” is what is happening in North America, Vinson & Elkins energy lawyer Jay Cuclis told a Houston audience last week.

March 12, 2012

IHS CERAWeek: LNG: It’s Still Here, But Different

The global liquefied natural gas (LNG) arena offers plenty to watch: Growing supplies in Australia coupled with growing demand from traditional and emerging Asian markets, for instance. But “one of the most startling developments” is what is happening in North America, Vinson & Elkins energy lawyer Jay Cuclis told a Houston audience Wednesday.

March 8, 2012

San Bruno Seeks ‘Global Settlement’ With PG&E

After confidential negotiations broke down this week, spilling into the public arena Wednesday, the City of San Bruno, CA, has asked state regulators to help them reach a “global settlement” with Pacific Gas and Electric Co. (PG&E) over a deadly pipeline explosion in September 2010.

February 17, 2012

Hanger: Marcellus Growth Prompted Changes at DEP

Energy regulators must operate independently of both industry and environmental groups, led only by facts and the rule of law, said Pennsylvania Department of Environmental Protection (DEP) Secretary John Hanger, who leaves office this month after a tenure of more than two years during which activity in the state’s Marcellus Shale mushroomed.

January 14, 2011

Analysts: Price Wasn’t Only Factor in Coal-Gas Fuel Switching

Coal took something of a beating from natural gas in the power generation arena this year, but coal’s displacement by gas wasn’t strictly due to exceptionally low gas prices, according to analysts at Barclays Capital. Coal producers can curse cheap gas if they want, but other factors were at play, too.

December 3, 2009

Natural Gas Trading Weathers Financial Storm

While the troubles that have swept across global financial markets have added new pressures to the natural gas trading arena, some of the market reformation measures that followed the implosion of Enron and other large marketers in 2001 have enabled the natural gas market to withstand major disruptions and continue on a relatively smooth course.

October 13, 2008

Natural Gas Trading Weathers Financial Storm

While the troubles that have swept across global financial markets have added new pressures to the natural gas trading arena, some of the market reformation measures that followed the implosion of Enron Corp. and other large marketers in 2001 have enabled the natural gas market to withstand major disruptions and continue on a relatively smooth course.

October 13, 2008
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