Though forecasts of seasonal springtime temperatures remain the norm for most areas, the cash market was able to find enough traction in weather-based demand to rise at all points Wednesday. It also derived support from the run-up of 6.8 cents in Tuesday’s expiration-day trading of May futures.
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Outlook: Energy in Regulatory Limbo Awaiting Next FERC Chair
As the nation gears up for new leadership in Washington, natural gas and electricity companies find themselves in kind of a regulatory limbo as they await word on who will chair FERC in the Obama administration.
Outlook: Energy in Regulatory Limbo Awaiting Next FERC Chair
As the nation gears up for new leadership in Washington, natural gas and electricity companies find themselves in kind of a regulatory limbo as they await word on who will be FERC chairman in the Obama administration.
BP Chief: E&Ps Challenged to Find New Reserves, Workers
Exploration and production (E&P) companies’ ability to find new oil and natural gas resources has peaked “at least in the short term” because new reserves are in ever-more challenging environments, and the industry is losing a generation of experienced workers, BP plc’s E&P chief said in speech at Rice University in Houston.
BP Chief: E&Ps Challenged to Find New Reserves, Workers
Exploration and production (E&P) companies’ ability to find new oil and natural gas resources has peaked “at least in the short term” because new reserves are in ever-more challenging environments, and the industry is losing a generation of experienced workers, BP plc’s E&P chief said in speech at Rice University in Houston.
Boom in Offshore Spending Forecast to 2012
The frenzied search to find and develop new oil and natural gas supplies in ever more demanding areas, driven into high gear by escalating prices, will lead to a boom in capital and operational spending in the world’s offshore regions, according to Douglas-Westwood Ltd. and Energyfiles.
Boom in Offshore Spending Forecast to 2012
The frenzied search to find and develop new oil and natural gas supplies in ever more demanding areas, driven into high gear by escalating prices, will lead to a boom in capital and operational spending in the world’s offshore regions, according to Douglas-Westwood Ltd. and Energyfiles.
ExxonMobil Hikes Spending to Focus on Building Reserves, LNG
Criticized in the past for not spending enough to find and recover new oil and natural gas reserves, ExxonMobil Corp. is boosting its capital spending by about 20% to $25 billion this year and said it plans to pend at least that much every year until 2012.
ExxonMobil Hikes Spending to Focus on Building Reserves, LNG
Criticized in the past for not spending enough to find and recover new oil and natural gas reserves, ExxonMobil Corp. Wednesday said it would increase its capital spending by about 20% to $25 billion this year and spend at least that much every year until 2012.
Study Continues to See No Ill Effect From CBM Water
An ongoing study of the effects of coalbed methane production water discharge on crops, soils and Tongue River water in Montana continues to find no harmful impacts. The study is funded by the Montana Board of Oil and Gas Conservation (MBOGC), an agency of the Department of Natural Resources and Conservation (DNRC).