Giant

Natural gas pipeline giant El Paso Corp. last week reported that it has completed a historic $8 billion pipeline backlog and continues to add new projects to meet growing infrastructure needs.

Natural gas pipeline giant El Paso Corp. on Wednesday reported a one-time quarterly loss for its investment in the Ruby Pipeline, which is carrying Rocky Mountain gas to West Coast markets, but the company completed a historic $8 billion pipeline backlog and continues to add new projects to meet customers’ infrastructure needs, said CEO Doug Foshee.

Shocking details surrounding the surprise bankruptcy of securities firm giant MF Global Holdings Ltd. were coming to light Tuesday, one day after the company turned in its Chapter 11 papers following an ill-timed bet on the European debt markets (see Daily GPI, Nov. 1).

Oilfield services giant Halliburton on Thursday filed a lawsuit against BP plc claiming negligent misrepresentation, business disparagement and defamation related to the April 20, 2010 Macondo well blowout in the Gulf of Mexico.

Less than a month after Australian energy giant BHP Billiton Ltd. disclosed plans to purchase Petrohawk Energy Corp., the Houston-based company announced that 2Q2011 production grew 15% and revenues shot up 21% from the previous quarter, propelling the company to huge profits.

Less than a month after Australian energy giant BHP Billiton Ltd. disclosed plans to purchase Petrohawk Energy Corp., the Houston-based company announced Wednesday that 2Q2011 production grew 15% and revenues shot up 21% from the previous quarter, propelling the company to huge profits.

Less than a month after Australian energy giant BHP Billiton Ltd. disclosed plans to purchase Petrohawk Energy Corp., the Houston-based company announced Wednesday that 2Q2011 production grew 15% and revenues shot up 21% from the previous quarter, propelling the company to huge profits.

The management team at unconventional natural gas giant Encana Corp. has raised its cost outlook for both the United States and Canada and said last week the labor and supply markets are as tight as they’ve ever been. However, the company has found some innovative ways to combat costs both in the back office and in the gas patch.

The management team at unconventional natural gas giant Encana Corp. has raised its cost outlook for both the United States and Canada and said last week the labor and supply markets are as tight as they’ve ever been. However, the company is fighting back by using cutting edge technology to drill wells in less time and at a lower cost.