Discussions

A coalition of citizens’ groups in British Columbia (BC) has called for a time-out on all coalbed methane (CBM) drilling in the province until safety and environmental issues are more thoroughly addressed.

Constellation Energy has hired Morgan Stanley and UBS to advise it on “strategic alternatives” and said Wednesday “the company and its advisors are in active discussions with potential strategic partners.” Meanwhile, Constellation shares posted a second day of steep declines, and Standard & Poor’s (S&P) warned of a “multiple-notch” downgrade if the company’s credit position isn’t bolstered.

Discussions by the world’s leading natural gas exporters to form a “gas OPEC” lost momentum this week as some major producers disassociated themselves from the idea at a conference in Madrid, Dow Jones Newswires reported Wednesday.

The Canadian government has opened a new round of financing discussions for the Mackenzie Gas Project (MGP) with a blunt reminder that no public money is available to the faltering proposal.

The Canadian government has opened a new round of financing discussions for the Mackenzie Gas Project (MGP) with a blunt reminder that no public money is available to the faltering proposal.

Soaring construction costs are forcing producers to once again “pause” discussions with the Canadian government over the long-proposed Mackenzie Gas Project (MGP), an Imperial Oil Co. executive said Wednesday.

Duke Energy on Friday disclosed that it is in discussions to take on a partner to expand Crescent Resources, its real estate development business. Duke’s board of directors has authorized management to explore the creation of a joint venture with an undisclosed potential partner.

Alaska officials have held opening discussions with several New York investment banking firms about funding construction of a major pipeline to transport North Slope natural gas to U.S. continental markets, according to the office of state Gov. Frank Murkowski.

Alaska officials have held opening discussions with several New York investment banking firms about funding construction of a major pipeline to transport North Slope natural gas to U.S. continental markets, according to the office of state Gov. Frank Murkowski.