Demanding

The head of one of Quebec’s political parties is demanding that the next federal government in Ottawa impose a moratorium on oil and gas drilling on the Newfoundland and Labrador side of the border in the Gulf of St. Lawrence.

The head of one of Quebec’s political parties is demanding that the next federal government in Ottawa impose a moratorium on oil and gas drilling on the Newfoundland and Labrador side of the border in the Gulf of St. Lawrence.

The frenzied search to find and develop new oil and natural gas supplies in ever more demanding areas, driven into high gear by escalating prices, will lead to a boom in capital and operational spending in the world’s offshore regions, according to Douglas-Westwood Ltd. and Energyfiles.

The frenzied search to find and develop new oil and natural gas supplies in ever more demanding areas, driven into high gear by escalating prices, will lead to a boom in capital and operational spending in the world’s offshore regions, according to Douglas-Westwood Ltd. and Energyfiles.

Sempra Energy said last week that it will comply with a California Superior Court judge’s ruling in San Diego that it, along with more than two dozen other energy suppliers, turn over 100 hours of recordings of natural gas trading operations during the state’s 2000-2001 energy crisis.

As the Alaska Senate moves toward a vote this week on a tax on oil and gas profits, Democratic legislators are demanding that they first see the terms of the contract the governor has signed with three major producers for construction of a $25 billion natural gas pipeline to the Lower 48 states.

With the market currently demanding more gas storage capacity, Falcon Gas Storage said it has activated its proposed 14 Bcf Worsham-Steed gas storage facility near Dallas/Fort Worth and expects storage operations to ramp up through next spring, followed by an expansion that would raise the deliverability of the field.

With the aboriginal partners simultaneously urging on the corporate sponsors and demanding better deals, the Mackenzie Gas Project is vowing to hit its target date of 2009 for completing the C$5 billion (US$3.7 billion) Canadian arctic production and pipeline project.

With the aboriginal partners simultaneously urging on the corporate sponsors and demanding better deals, the Mackenzie Gas Project is vowing to hit its target date of 2009 for completing the C$5 billion (US$3.7 billion) Canadian arctic production and pipeline project.