Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets next year by switching over to tight oil formations.
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Canadians Plying Tight Oil With U.S. Shale Technology
Canadian producers are riding shale gas technology imported from the United States to complete an about-face in drilling targets next year by switching over to tight oil formations.
Widespread Shift to Colder Forecasts Lifts Prices
Following rather moderate Thanksgiving weekend weather in most regions, traders returned to their offices Monday to face much more winter-befitting forecasts going into December. That, along with a modest futures advance on the preceding Wednesday and the return of industrial load from holiday hiatus, propelled a solid majority of the cash market to substantial gains.
PA House, Senate Face Drilling Bill Negotiations
Legislators from both chambers of the Pennsylvania General Assembly face tough negotiations into December as they try to reconcile the differences between their two Marcellus Shale regulatory reform bills, which include an impact fee on oil and natural gas drilling.
CFTC on ‘Magical Mystery Tour’ Searching for Missing MF Global Loot
The meltdown of securities firm giant MF Global Holdings Ltd. is a “fresh slap-in-the-face reminder” of why the country needs tougher financial regulations, a member of the Commodity Futures Trading Commission (CFTC) said Tuesday.
PG&E Pipeline Fallout Affects Credit Outlook
Nearly a year after the San Bruno, CA, natural gas pipeline rupture and explosion, Pacific Gas and Electric Co. (PG&E) and its parent company face a negative credit outlook from Fitch Ratings, which nevertheless Tuesday affirmed the ratings of the utility and parent PG&E Corp.
California Regulators Target PG&E in Penalty Cases
Following a stinging rebuke of its natural gas pipeline operations from an independent review panel, Pacific Gas and Electric Co.’s (PG&E) electric utility operations face two new penalty consideration cases for alleged violations of California Public Utilities Commission (CPUC) rules. State regulators said earlier in June that they were opening the cases, one of which is recommending a $7.1 million fine.
California Regulators Target PG&E in Two Penalty Cases
Following a stinging rebuke of its natural gas pipeline operations from an independent review panel, Pacific Gas and Electric Co.’s (PG&E) electric utility operations face two new penalty consideration cases for alleged violations of California Public Utilities Commission (CPUC) rules. State regulators said last Friday they were opening the cases, one of which is recommending a $7.1 million fine.
GasMart 2011: Shale Exports Could Face Cost Challenge
Companies that aim to export domestic shale gas can expect to face a tough spot market, according to Terry Engelder, the Penn State University geosciences professor who helped prove the value of the Marcellus Shale.
Excess Northwest Hydro Supplies Impact Gas, Wind Power
While natural gas demand already is poised to take a hit, ever-growing regional wind power supplies may be the next domino to fall in the face of excess hydroelectric supplies in the Pacific Northwest. The region’s key power marketer/transporter, the Bonneville Power Administration (BPA), however, is going to delay as long as it can a proposal to begin curtailing large chunks of wind power, officials said last Wednesday.