Natural gas futures bulls saw the red of the matador’s cape Tuesday morning and charged, driving the October contract well past the heights of Monday’s rally. However, almost all of the day’s gains were given back in the last hour of the regular session as the prompt-month contract closed at $3.320, up only 2.3 cents from Monday’s finish.
Cape
Articles from Cape
High Gas Prices, Market Conditions Force Scotian Business to Shutter
High natural gas prices and challenging market conditions have forced a Nova Scotia wallboard company to shutter for a month.
Anadarko ‘Considering All Options’ for Bear Head LNG Project
Anadarko Petroleum Corp. is considering other “strategic options” for its Bear Head liquefied natural gas (LNG) import terminal planned for Cape Breton Island near Point Tupper, NS, after a deadline to sell the proposed terminal expired on Thursday. Anadarko had agreed to sell the subsidiary to private equity firm U.S. Venture Energy for $125 million (see NGI, July 17).
Anadarko Deal to Sell Bear Head LNG Falls Through
Anadarko Petroleum Corp. is considering other “strategic options” for its Bear Head liquefied natural gas (LNG) import terminal planned for Cape Breton Island near Point Tupper, NS, after a deadline to sell the proposed terminal expired on Thursday. Anadarko had agreed to sell the subsidiary to private equity firm U.S. Venture Energy for $125 million (see Daily GPI, July 11).
Anadarko’s Scotian LNG Terminal to Begin Construction This Summer
Construction of a C$600 million liquefied natural gas (LNG) terminal and regasification facility on Cape Breton Island, along the Strait of Canso in Nova Scotia, is on track to begin this summer after Nova Scotia Business Inc. (NSBI) sold an industrial site to Bear Head LNG Corp., a subsidiary of Anadarko Petroleum Corp.
Anadarko’s Scotian LNG Terminal to Begin Construction This Summer
Construction of a C$600 million liquefied natural gas (LNG) terminal and regasification facility on Cape Breton Island, along the Strait of Canso in Nova Scotia, is on track to begin this summer after Nova Scotia Business Inc. (NSBI) sold an industrial site to Bear Head LNG Corp., a subsidiary of Anadarko Petroleum Corp.