Cautiously

Anadarko Sees More Potential in NGLs Until Prices Strengthen

Anadarko Petroleum Corp. is “cautiously optimistic” about natural gas prices, but drilling activity will be managed by following cash prices and reacting to what’s happening in the “real market” before spending more than cash flow, CEO Jim Hackett said Tuesday.

November 4, 2009

Producers ‘Still in Woods, but Not Swamp’ on Proposed Tax Hike

An independent producer group last week was cautiously optimistic as the House and Senate budget panels moved their budget blueprints for fiscal year (FY) 2010, saying it appeared that Congress “was not going to rush to judgment” on President Obama’s proposed $30 billion in tax hikes for oil and natural gas producers.

March 30, 2009

Equitable Triples Earnings, Scales Back Spending

Despite continuing profitability with 3Q earnings nearly triple those of 3Q 2007, Equitable Resources is approaching continued development cautiously, given the current financial environment, pulling back on midstream projects to emphasize drilling wells to fill current capacity.

October 27, 2008

BLM Reconsiders Leasing Plan in Northeastern North Slope Area

The Bureau of Land Management (BLM) in Alaska is cautiously moving ahead on a plan that could lead to oil and natural gas leasing in an environmentally sensitive corner of the National Petroleum Reserve-Alaska (NPR-A) by late next year.

September 24, 2007

BLM Reconsiders Leasing Plan in Northeastern North Slope Area

The Bureau of Land Management (BLM) in Alaska is cautiously moving ahead on a plan that could lead to oil and natural gas leasing in an environmentally sensitive corner of the National Petroleum Reserve-Alaska (NPR-A) by late next year.

September 24, 2007

FERC Urged to Tread Cautiously in Repealing Existing Anti-Manipulation Rules

The natural gas industry has urged FERC to tread cautiously as it proceeds to repeal market behavior rules that were adopted in the wake of the California energy crisis and replace them with proposed broader anti-manipulation regulations.

January 6, 2006

Marathon CEO Says Company’s LNG Strategy Evolving

Marathon Oil Corp.’s CEO said last week that the company is cautiously reviewing what parts of the liquefied natural gas (LNG) supply chain offer the most value, and for now, will concentrate on producing natural gas and increasing its LNG regasification capabilities in the United States.

April 5, 2004

Marathon CEO Says Company’s LNG Strategy Evolving

Marathon Oil Corp.’s CEO said this week that the company is cautiously reviewing what parts of the liquefied natural gas (LNG) supply chain offer the most value, and for now, will concentrate on producing natural gas and increasing its LNG regasification capabilities in the United States.

April 1, 2004

GOP Plans for Wednesday Conference on Broad Energy Bill

The mood on Capitol Hill last week was cautiously upbeat as the feuding tax writers made headway on the disputed items in the multi-billion dollar tax package of the broad energy bill, prompting widespread reports that a final conference vote on the legislation was likely to occur this week. By late Friday, however, Sen. Pete Domenici (R-NM), chairman of the conference committee, had not formally scheduled a vote.

November 10, 2003

Capitol Hill Mood Upbeat on Energy Bill; Outlook for Alaska Gas Subsidies Not Good

The mood on Capitol Hill Wednesday was cautiously upbeat as reports circulated that the feuding tax writers had made some headway on the disputed items in the multi-billion dollar tax package of the broad energy bill, prompting some aides and legislative analysts to venture that a final conference vote on the legislation could occur next week.

November 6, 2003