Attention

As it sells off some of its lower-margin properties to focus attention on plays with more profit potential, Anadarko Petroleum Corp. will spend more on finding and development (F&D) costs this year, executives said this week.

Despite some new-found attention in the financial news media, San Jose, CA-based Calpine Corp. is still only studying the feasibility of a California coastal liquefied natural gas (LNG) import terminal in the far northern end of the state.

While getting more attention in recent projections from state energy planners, one of California’s most vociferous independent oil/gas producers is eyeing the long shot possibility it might be able to purchase some of the smaller properties that ChevronTexaco is considering selling among its vast producing properties in the state’s sprawling central valley.

Turning attention away from the subject of increased domestic natural gas production and increased imports for a change, Secretary of Energy Spencer Abraham last week launched the Department of Energy’s (DOE) public awareness campaign to educate businesses, homeowners and consumers on ways they can cut energy bills by practicing smart energy use.

Turning attention away from the subject of increased domestic natural gas production and increased imports for a change, Secretary of Energy Spencer Abraham on Wednesday launched the Department of Energy’s (DOE) public awareness campaign to educate businesses, homeowners and consumers on ways they can cut energy bills by practicing smart energy use.

Most of the world’s attention has been directed toward the security and availability of crude oil supplies, but a global energy consultant told a Senate committee this month that domestic pressure on natural gas supplies and prices “poses a greater threat to energy security and to the U.S. economy.”

Most of the world’s attention has been directed toward the security and availability of crude oil supplies, but a global energy consultant told a Senate committee this month that domestic pressure on natural gas supplies and prices “poses a greater threat to energy security and to the U.S. economy.”

Argentina’s scrambled economy that has drawn front-page attention from some major U.S. financial news media so far does not worry San Diego-based Sempra Energy, which has significant interest in two natural gas utilities.

With natural-gas industry attention increasingly focused on costs in Canada, Westcoast Energy Inc. pared 20% off the price tag for its 200 MMcf/d expansion project on its mainline in British Columbia. The subsidiary of Duke Energy cut the budget to C$270 million (US$175 million) from C$338 million (US$220 million) without cutting the amount of the added capacity by making a deal with another B.C. pipeline.