Equally

BP plc officials said Friday they intend to sell the company’s lucrative stake in TNK-BP, which is owned equally with Russia’s Alfa Access Renova (AAR), a group of Russian billionaires.

Shale basins have rewritten the book on natural gas supply, and now they’re turning the outlook for natural gas liquids (NGL) on its head. Next will be crude oil as the technology transfer to these plays takes hold in earnest, according to an analysis expected to be finished in about three weeks.

The disputed dollar impacts are sufficiently large and the deficit reduction talks equally intense so a full range of federal energy subsidies need to be debated by Congress and others, according to a white paper issued recently by the Washington DC-based Environmental and Energy Study Institute (EESI) which generally supports renewable energy.

Serious Canadian energy investment and equally focused environmental interests are warily eyeing each other in and around the Uinta Basin in southeastern Utah, where energy developers see an extension of their oil sands plays in Western Canada, and a group called Living Rivers warns of a potential environmental and public health disaster.

Serious Canadian energy investment and equally focused environmental interests are warily eyeing each other in and around the Uinta Basin in southeastern Utah, where energy developers see an extension of their oilsands plays in Western Canada, and a group called Living Rivers warns of a potential environmental and public health disaster.

With the economy slowly pulling itself out of recession, some natural gas marketers reported significant trading increases while some reported equally significant decreases in 4Q2009, according to NGI’s 4Q2009 Top North American Gas Marketers Ranking.

With the economy slowly pulling itself out of recession, some natural gas marketers reported significant trading increases while some reported equally significant decreases in 4Q2009, according to NGI’s 4Q2009 Top North American Gas Marketers Ranking.

With the economy slowly pulling itself out of recession, some natural gas marketers reported significant trading increases while some reported equally significant decreases in 4Q2009, according to NGI’s 4Q2009 Top North American Gas Marketers Ranking.

Those looking for a natural gas storage injection Thursday morning ended up being equally as wrong as those looking for a withdrawal…sort of…as the Energy Information Administration (EIA) reported that inventory levels remained flat during the week ending March 27. Further confounding traders was the disclosure by the EIA that it made “reclassifications” and “corrections” to the overall level of storage, which effectively canceled out what would have been a 9 Bcf injection for the week. The confusion sent May natural gas futures on an up-and-down odyssey immediately following the report before the contract ended up closing at $3.782, up 8.7 cents from Wednesday’s finish.