Capitalizing

The pipeline industry is a bit behind the times in capitalizing on the Williston Basin shale oil boom, but railroads like BNSF Railway are happy to accommodate oil producers with a means to get their product to market.

Natural gas as a transportation fuel has zoomed around the map of North America in August, capitalizing on a continuing price advantage at the pump even with recent falling gasoline prices. Separately, last Thursday, a major U.S. provider of gas transportation fuel and fueling infrastructure received a $150 million investment from three global private investment firms.

Natural gas as a transportation fuel has zoomed around the map of North America in August, capitalizing on a continuing price advantage at the pump even with recent falling gasoline prices.

Saying extraction is only “half of the job” of capitalizing on the Marcellus Shale, a group of Pennsylvania House Republicans reintroduced legislation on Wednesday to promote the use of natural gas vehicles (NGV) in the state.

Capitalizing on heightened producer interest in natural gas liquids (NGL), MarkWest Liberty Midstream & Resources LLC said Thursday it will expand its processing and fractionation capacity in the Marcellus Shale in support of recently reached agreements with producers.

Capitalizing on heightened producer interest in natural gas liquids (NGL), MarkWest Liberty Midstream & Resources LLC said Thursday it will expand its processing and fractionation capacity in the Marcellus Shale in support of recently reached agreements with producers.

Capitalizing on Tuesday’s downward momentum, December natural gas futures dropped another 30 cents Wednesday to close at $6.405 as rumors swirled that longs were getting squeezed out of their positions.

Spectra Energy has received nominations exceeding 325,000 Dth/d for transportation services on Texas Eastern’s proposed TIME III expansion, the company said Thursday.

Good upstream operations capitalizing on strong commodity prices catapulted ConocoPhillips’ fourth quarter 2004 earnings to more than twice the level for the same period a year earlier, the company reported Wednesday. It recorded net income of $2.4 billion, or $3.44/share, this past quarter, compared with $1 billion, or $1.48/share, for the fourth quarter of 2003. Revenues were $40.1 billion, compared to $26 billion for the same period the previous year.