Behind

Canada’s on-again, off-again Arctic natural gas project is back on track again after behind-the-scenes official maneuvering smoothed out the latest regulatory roadblock (see Daily GPI, Sept. 10; May 24).

Canada’s on-again, off-again Arctic natural gas project is back on track again after behind-the-scenes official maneuvering smoothed out the latest regulatory roadblock (see NGI, Sept. 13).

Natural gas production and rig counts have “diverged materially since 2008,” suggesting that “rig productivity” is the force behind massive supply growth, Barclays Capital energy analysts said this week.

Chevron Corp. is not being left behind in the race to acquire North American unconventional natural gas assets, thank you. But until it can make money by developing the resource base it now holds, those gassy development plans will be shelved, Vice Chairman George Kirkland told financial analysts on Friday.

Chevron Corp. is not being left behind in the race to acquire North American unconventional natural gas assets, thank you. But until it can make money by developing the resource base it now holds, those gassy development plans will be shelved, Vice Chairman George Kirkland told financial analysts on Friday.

Some of the success factors behind North America’s rapid growth in developing unconventional natural gas resources are missing outside the United States and Canada, but the long-term impact of global resources “could be profound,” Wood Mackenzie energy consultants said in a new report.

Some of the success factors behind North America’s rapid growth in developing unconventional natural gas resources are missing outside the United States and Canada, but the long-term impact of global resources “could be profound,” Wood Mackenzie energy consultants said in a new report.

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.