Brisk

Preparations are continuing at a brisk pace for large-scale supply development in northeastern British Columbia (BC) as soon as natural gas markets show reliable signs of making a comeback.

Natural gas traffic between Canada and the United States accelerated at a brisk pace last heating season, according to fresh trade data from Washington that confirm records kept by Ottawa’s National Energy Board (NEB).

Natural gas traffic between Canada and the United States accelerated at a brisk pace last heating season, according to fresh trade data from Washington that confirm records kept by Ottawa’s National Energy Board (NEB).

The new international natural gas trade year is off to a brisk start amid predictions that 2008 will mark the start of a price recovery and possibly a drilling revival for Canadian producers.

The new international natural gas trade year is off to a brisk start amid predictions that 2008 will mark the start of a price recovery and possibly a drilling revival for Canadian producers.

While the pace of exploration and production (E&P) company mergers and acquisitions (M&A) is expected to remain brisk in 2006, the recent upward credit rating momentum in the sector has been dampened by uses of excess cash flow to buy back stock and pay premium prices for assets and by liberal use of debt leverage to fund M&A, Standard and Poor’s Ratings Service (S&P) said in a new “Industry Report Card: U.S. Oil and Gas.”

International trade in natural gas grew at a brisk pace in 2004, when Canadian pipeline exports rebounded and tanker landings of offshore supplies surged at a rate described as “explosive” to serve strong demand for imports in the United States, according to the U.S. Energy Department’s (DOE) annual review of gas trade trends.

International trade in natural gas grew at a brisk pace in 2004, when Canadian pipeline exports rebounded and tanker landings of offshore supplies surged at a rate described as “explosive” to serve strong demand for imports in the United States.

Adding to the list of energy trading companies that have seen a sizeable jump in business since Enron Corp. filed for bankruptcy earlier this month, Sequent Energy Management, the wholesale marketing and supply arm of Atlanta-based AGL Resources Inc., said that its business volumes have risen nearly 300% since the energy giant announced Chapter 11.