EOG Resources Inc.’s 2009 capital spending will be cut to “approximate its cash flow” to ensure that it ends the year at the same debt level as year-end 2008, the producer said in a regulatory filing.
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Articles from Ends
NOAA: 2008 Atlantic Hurricane Season Set Records
The Atlantic Hurricane Season — which ends every year on Nov. 30 — in 2008 produced a record number of consecutive storms to strike the United States and was one of the more active seasons in the 64 years since comprehensive record-keeping began, according to the National Oceanic and Atmospheric Administration (NOAA).
NOAA: 2008 Atlantic Hurricane Season Set Records
The Atlantic Hurricane Season — which ends every year on Nov. 30 — in 2008 produced a record number of consecutive storms to strike the United States and was one of the more active seasons in the 64 years since comprehensive record-keeping began, according to the National Oceanic and Atmospheric Administration (NOAA).
El Paso, Navajo Nation Broker Interim Deal to End ROW Contract Stalemate
El Paso Natural Gas and the Navajo Nation signed an interim agreement Friday that ends a months-long stalemate over the fair dollar value of the gas pipeline’s access to tribal lands in western states.
NGI The Weekly Gas Market Report
With Normal Weather, Consultants Expect Gas Price Correction to Continue into 2006
If this winter ends up with a normal number of heating degree days (HDDs), natural gas storage should be tighter than last year but still well above 10-year norms, an energy consultant said last week. That realization seemed to resonate across the market as the Energy Information Administration (EIA) reported a lower-than-expected 162 Bcf storage withdrawal on Thursday. January futures crashed $1.348 on Thursday and then collapsed another 64 cents Friday to end the week at $12.283.
El Paso Ends Force Majeure that Curtailed Havasu Crossover Capacity
El Paso Corp.’s El Paso Natural Gas pipeline subsidiary on Friday said it completed repairs on its Wenden GE Unit #1 turbine, putting an end to a month-long “force majeure” curtailment of transportation capacity on its Havasu Crossover.
Cash Makes Half-Hearted Effort to Rally, But Ends on Weak Note
Spot prices rose sharply early Tuesday as expected following Nymex’s wild 76.7-cent rise on Monday, but cash points managed only 30- to 45-cent increases on average and weakened toward the end of trading.
FERC Ends Years of Litigation, Approves El Paso’s California Settlement
FERC put an end to one of the most tortuous cases in its history last Thursday, approving with one modification a $1.7 billion settlement of California’s allegations that an El Paso Corp. pipeline drove up natural gas prices in the state by withholding capacity during the state’s energy crisis, and that it gave preferential treatment to its power merchant affiliate during bidding on transportation capacity.
FERC Ends Years of Litigation, Approves El Paso’s California Settlement
FERC put an end to one of the most tortuous cases in its history Thursday, approving with one modification a $1.7 billion settlement of California’s allegations that an El Paso Corp. pipeline drove up natural gas prices in the state by withholding capacity during the state’s energy crisis, and that it gave preferential treatment to its power merchant affiliate during bidding on transportation capacity.
Distrigas Scraps Send-Out Line After Algonquin Ends Lateral Plans
Distrigas of Massachusetts LLC (DOMAC), a major supplier of liquefied natural gas (LNG), on Tuesday informed FERC that it was withdrawing its application to build a send-out line in the wake of Algonquin Gas Transmission’s decision to scrap its plans for a Boston-area lateral extension.