Globe

As stock markets rebounded Monday on news of bank rescue plans across the globe, so to did energy commodities, which have been mimicking the financial twists and turns as of late. November natural gas futures climbed 15.3 cents to close at $6.688 while November crude futures added $3.49 to close at $81.19/bbl.

With liquefied natural gas (LNG) projects popping up across the globe — some in unlikely places — EOG Resources Inc. CEO Mark Papa said the outlook for domestic LNG remains something of a mystery, but his company remains bullish about U.S. gas prices.

With liquefied natural gas (LNG) projects popping up across the globe — some in unlikely places — EOG Resources Inc. CEO Mark Papa said the outlook for domestic LNG remains something of a mystery, but his company remains bullish about U.S. gas prices.

A FirstEnergy Capital analyst has spun the globe and found that there may not be enough liquefied natural gas (LNG) sloshing around world markets to make any more available to the United States in 2008 than came ashore in 2007. Diminished LNG expectations and Canadian gas export declines paint a bullish price picture, the firm said in a research note last week.

A FirstEnergy Capital analyst has spun the globe and found that there may not be enough liquefied natural gas (LNG) sloshing around world markets to make any more available to the United States in 2008 than came ashore in 2007. Diminished LNG expectations and Canadian gas export declines paint a bullish price picture, the firm said in a Wednesday note.

Some producers circle the globe looking for reserves, but Fort Worth-based XTO Energy Inc. has found one of the hottest gas plays going right in its own backyard.

World energy demand will continue to grow, but new oil and natural gas discoveries ramping up across the globe will likely lead to stabilized prices and perhaps even a dip in the long term, the CEO of BP plc said Tuesday.

The number of gas and power mergers and acquisitions across the globe fell sharply in 2003 to a historical low, but gas deals fared the worst, plummeting 91% in terms of total value, according to an annual report released Monday in London by PricewaterhouseCoopers.

The number of gas and power mergers and acquisitions across the globe fell sharply in 2003 to a historical low, but gas deals fared the worst, plummeting 91% in terms of total value, according to an annual report released Monday in London by PricewaterhouseCoopers.