Characterized

Oversupply Pressures Gas Demand, Energy Strategist Says

Looking ahead over the next decade the natural gas industry can be characterized as having excess supplies of the commodity and infrastructure that will be searching frantically for added demand, an industry strategist told the LDC Gas Forum: Rockies & West meeting in Los Angeles Tuesday.

October 13, 2011

Oversupply Pressures Gas Demand, Energy Strategist Says

Looking ahead over the next decade the natural gas industry can be characterized as having excess supplies of the commodity and infrastructure that will be searching frantically for added demand, an industry strategist told the LDC Gas Forum: Rockies & West meeting in Los Angeles Tuesday.

October 13, 2011

Bargain Hunting, Short-Covering Lift Futures; November Gains

November futures managed to break the string of four losing sessions in a row on Tuesday in what was characterized as bargain hunting and not indicative of any significant fundamental or technical shift in the market. At the close, November had risen 2.1 cents to $3.638 and December had managed to add 1.6 cents to $3.944. November crude oil made it three losses in a row with a drop of $1.94 to $75.67/bbl.

October 5, 2011

Wyoming Niobrara Drilling Lull Creates Conjecture

After much promise but little action, the area of the Niobrara Shale play extending into southeast Wyoming has energy stakeholders in that state scratching their heads. The prospect of more seismic testing has at least one high-level state official encouraged.

September 21, 2011

Power Plants Feeling Shale Gas Impact

What was characterized as a “profound impact” from the shale gas boom on current and future natural gas prices was cited as one of five key factors contributing to uncertainty in planning for new electric generation in the United States, according to a report released in mid-July by the Electric Power Research Institute (EPRI).

July 25, 2011

‘Profound’ Shale Gas Impact Cited in Power Plant Study

What was characterized as a “profound impact” from the shale gas boom on current and future natural gas prices was cited as one of five key factors contributing to uncertainty in planning for new electric generation in the United States, according to a report released Monday by the Electric Power Research Institute (EPRI).

July 21, 2011

Unconventional Plays Drew M&A’s Big Spenders Last Year

Shale gas plays have been a magnet for energy deals, and that was even more true last year, which saw a record dollar value for upstream energy mergers and acquisitions (M&A), driven largely by shale-related activity, according to consultancy Wood Mackenzie.

January 27, 2011

Sempra Baja LNG Site Keeps Operating Despite Court Action

Sempra Energy’s $875 million, 1 Bcf/d liquefied natural gas (LNG) terminal in North Baja California, Mexico, continued operations Thursday despite an adverse Mexican federal district court action earlier in June that has caused the plaintiff — a former adjacent landowner — to cry foul, accusing the San Diego-based U.S. energy holding company of violating regulations governing the LNG facility’s operations.

June 28, 2010

Baker Hughes: ‘Little Chance of Recovery’ for Drilling in ’09

Baker Hughes Inc. (BHI) Wednesday said energy industry spending and drilling activity is contracting in North America as its customers adapt to a market “characterized by lower natural gas and oil prices, scarce commercial credit, ample natural gas supplies and reduced natural gas demand.” The pace of activity contraction, as measured by the rig count, has been faster than any other cyclical contraction post-1986, according to the oil services contractor.

April 30, 2009

Most Points Rebound; Northeast Continues to Fall

A large majority of the cash market was able to rebound Monday as a mass of arctic air, which The Weather Channel (TWC) characterized as bitterly cold, was due to move into the Plains and western Midwest behind a cold front Tuesday. A less severe cold front was in Tuesday’s forecast for the South.

January 29, 2008
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