Decrease

EOG’s Papa Sees Weak Supply Response

The current increase in the availability of natural gas in the U.S. is caused 25% by an increase in supply and 75% by a decrease in demand, Chairman Mark Papa of EOG Resources said Tuesday in a financial conference call, continuing to project an increased supply response this year of only 1% to 1.5% relative to last year (see Daily GPI, May 10).

August 1, 2001

Transportation Notes

Unplanned maintenance at the SOE (Sable Offshore Energy) GasPlant has caused physical supply into Maritimes & Northeast todecrease temporarily, the pipeline said. Due to this, shippers areexpected to match physical volumes to nominated receipts, it added.However, the reduced throughputs have allowed M&N to lift ITrestrictions at the Baileyville (ME) Compressor Station.

March 29, 2001

BP Targets Emissions with New Power Plant

BP, touting its leadership role as a responsible energy company,said it is finalizing plans to decrease its Houston area NOxemissions through the construction of new cogeneration facilitiesat its Texas City and Chocolate Bayou refining and chemical sites.

October 20, 2000

Transportation Notes

Citing “seasonal efficiency adjustments,” NOVA said it woulddecrease its target linepack by about 177 MMcf in gradualincrements by May 29.

May 17, 2000

Transportation Notes

Citing “increasing soil and ambient temperature” that requires adecrease in its target linepack, NOVA is offering to sell up to190,000 gigajoules to customers. The pipeline will accept purchasetenders tied to a Canadian index through 1 p.m. MDT Thursday. Thegas will be sold through inventory transfers in approximately evenincrements over a period of up to 14 days starting around May 15,NOVA said. Call Jeff Stoffregen at (403) 541-4726 or Donna Taillonat -4802 for more information.

May 9, 2000

Low Canadian Production Could Limit Exports

Despite record drilling and high gas prices, Canadian producersstill are not managing to boost production. TransCanada Pipelinesestimates Alberta field receipts were 2% lower than expected thiswinter and ended up being essentially flat with the 12.4 Bcf/drecorded in winter 1998-99.

April 3, 2000

Canadian Production to Remain Flat this Summer

Despite record drilling and high gas prices, Canadian producersstill are not managing to boost production. TransCanada Pipelinesestimates Alberta field receipts were 2% lower than expected thiswinter and ended up being essentially flat with the 12.4 Bcf/drecorded in winter 1998-99.

March 31, 2000
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