Goldman

Mexico and liquefied natural gas exports are expected to contribute to demand by the end of the decade.

With its fourth non-free trade agreement (FTA) liquefied natural gas (LNG) export authorization Wednesday, the U.S. Department of Energy has approved a volume of exports that is beginning to make some nervous. While approvals have gathered pace, some feel that a pause is coming.

Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management have made a $100 million capital commitment to PetroEdge Energy III LLC, a newly formed oil and gas company based in Houston and focused on the Eagle Ford Shale.

Oilfield services giant Nabors Industries Ltd. on Tuesday warned that operating results for the second quarter will fall below consensus estimates because of a “pronounced” shortfall in the pressure pumping and top drive completion service lines.

Calgary-based Talisman Energy Inc. on Tuesday deepened its strategic relationship with Sasol Ltd. by selling it a half-stake in its Cypress A assets in the Montney Shale for C$1.05 billion.

Calgary-based Nexen Inc. has agreed to sell its North American downstream natural gas marketing business to Goldman Sachs’ commodity trading subsidiary J. Aron & Co., according to an e-mail Nexen sent to customers earlier this month.

Calgary-based Nexen Inc. has agreed to sell its North American downstream natural gas marketing business to Goldman Sachs’ commodity trading subsidiary J. Aron & Co., according to an e-mail Nexen sent to customers earlier this month.

As the U.S. House moved toward debate and a possible vote this week on financial market reform, including moving a large part of over-the-counter (OTC) derivatives trading onto exchanges, oil and gas producers warned that unless language excluding commercial traders from compulsory clearing is retained, it “would cost the energy industry alone tens of billions of dollars.”

Looking to jump on the “green train” before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.