Favorably

An appraisal well in the Lower Tertiary Trend of the deepwater Gulf of Mexico (GOM), as well as early results from some other ultra-deep prospects, are pointing to big reserves gains in the years ahead, according to energy analysts.

The Utica Shale could be more profitable than the Marcellus Shale, but it could also prove to be more challenging, a Consol Energy Inc. executive suggested at a conference in Pittsburgh on Thursday.

FERC has asked the secretaries of State and Defense Departments to favorably consider a presidential permit for Sonora Pipeline LLC, a subsidiary of Tidelands Oil & Gas, to construct bidirectional border-crossing pipeline facilities between the United States and Mexico.

FERC has asked the secretaries of State and Defense to favorably consider a presidential permit for Sonora Pipeline LLC, a subsidiary of Tidelands Oil & Gas, to construct bidirectional border-crossing pipeline facilities between the United States and Mexico.

Venture capitalists, which found energy an attractive investment during 2006, are expected to look favorably upon the sector again in the New Year, according to the results of a survey released by the National Venture Capital Association (NVCA) last Monday.

Venture capitalists, which found energy an attractive investment during 2006, are expected to look favorably upon the sector again in the New Year, according to the results of a survey released by the National Venture Capital Association (NVCA) Monday.

At a meeting where natural gas dominated the agency’s agenda, FERC last Thursday looked favorably upon industry’s request for permanent regulatory and policy changes to promote the construction of interstate natural gas pipeline mainline expansions, certain storage facilities and takeaway facilities for liquefied natural gas (LNG) import terminals.

At a meeting where natural gas dominated the agency’s agenda, FERC on Thursday looked favorably upon industry’s request for permanent regulatory and policy changes to spur the construction of interstate natural gas pipeline mainline expansions, new storage capacity and takeaway facilities for liquefied natural gas (LNG) import terminals.

Hoping to reverse the momentum of adverse court and regulatoryactions that have pushed it to the brink of bankruptcy, SouthernCalifornia Edison Monday won a U.S. District Court lawsuit againststate regulators, upholding the utility’s right to recoverreasonable costs for purchasing power.