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Crestwood Midstream Partners LP is a bit of an anomaly in the midstream sector as it is focused exclusively on shale plays, CEO Robert Phillips told financial analysts Tuesday. It’s the only partnership that does so, save for the much larger Chesapeake Midstream Partners, he said.

SandRidge Energy Inc., which up to now has explored almost exclusively for natural gas, last week agreed to acquire oil-weighted producer Arena Resources Inc. in a deal worth $1.6 billion.

SandRidge Energy Inc., which up to now has explored almost exclusively for natural gas, on Monday agreed to acquire oil-weighted producer Arena Resources Inc. in a deal worth $1.6 billion.

SandRidge Energy Inc., which up to now has explored almost exclusively for natural gas, on Monday agreed to acquire oil-weighted producer Arena Resources Inc. in a deal worth $1.6 billion.

The energy portion of the nearly $888 billion Senate economic stimulus package, like its House counterpart, focuses almost exclusively on tax credits and direct investments for renewable fuels and electric transmission facilities, but one tax credit has been carved out for traditional oil and natural gas producers. Producers would be eligible for a $10/ton tax credit if they can prove that the carbon dioxide (CO2) injected to enhance oil and gas recovery has been permanently sequestered in a field.

The energy portion of the nearly $888 billion Senate economic stimulus package, like its House counterpart, focuses almost exclusively on tax credits and direct investments for renewable fuels and electric transmission facilities, but one tax credit has been carved out for traditional oil and natural gas producers. Producers would be eligible for a $10/ton tax credit if they can prove that the carbon dioxide (CO2) injected to enhance oil and gas recovery has been permanently sequestered in a field.

With its focus now trained exclusively on North American unconventional natural gas and integrated oil resources, EnCana Corp. delivered a solid earnings report for the final three months of 2007 with a 63% gain to net profit.

It’s back to the future for El Paso Corp., company executives said Monday, with the focus beyond 2006 returning exclusively to natural gas, both pipelines and exploration and production (E&P). All of its U.S. power assets, all of its oil refining and eventually, all telecommunications businesses will be sold, and others will be streamlined, including marketing and physical trading and midstream.

As pipeline planners head north into regions where the population is primarily – and sometimes exclusively – aboriginal, Canada’s National Energy Board is laying out a formula for turning touchy relations into business relationships: Make deals, not regulations.