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MDU Resources Ties Growth to Bakken Boom

Bismarck, ND-based MDU Resources Group is aligning its utility, construction, midstream infrastructure and exploration/production (E&P) businesses so each one profits and grows with the continuing hydrocarbon boom in the Bakken, the MDU senior executives emphasized in a half-day financial analysts meeting Thursday in New York City.

March 18, 2013

Canadian Hostility to Marcellus Gas Imports Rises

A potential market for growing gas supplies from the Marcellus Shale — Eastern Canada — could be in jeopardy as resistance to U.S. sourced gas grows among Canadian producers while Canadian landowners object to pipeline plans and a pipeline flow reversal project stumbles with regulators.

October 10, 2011

Mexico’s U.S. Gas Expected to Climb

The United States can count on selling a growing sliver of its natural gas production to Mexico as the country’s reliance on gas-fired power generation grows, domestic oil production overshadows that of gas, and liquefied natural gas (LNG) tankers spurn the country’s terminals for more lucrative markets, Barclays Capital analysts said last week.

June 27, 2011

Mexico to Need More U.S. Gas, Analysts Say

The United States can count on selling a growing sliver of its natural gas production to Mexico as the country’s reliance on gas-fired power generation grows, domestic oil production overshadows that of gas, and liquefied natural gas (LNG) tankers spurn the country’s terminals for more lucrative markets, Barclays Capital analysts said Tuesday.

June 24, 2011

NEB: Canadian Exports to U.S. to Drop Dramatically

Canadian production will continue shrinking over the next three years while the use of natural gas in oilsands production grows, resulting in a dramatic drop in exports to the United States to as little as 2.8 Bcf/d, according to a new forecast by the National Energy Board (NEB).

May 16, 2011

Canadian Exports to U.S. to Drop Dramatically, Says NEB

Canadian production will continue shrinking over the next three years while the use of natural gas in oilsands production grows, resulting in a dramatic drop in exports to the United States to as little as 2.8 Bcf/d, according to a new forecast by the National Energy Board (NEB).

May 16, 2011

Southwestern CEO: Utility Buyers All Talk for Now

As U.S. gas production grows, local distribution utilities that once might have been skeptical about the strong supply outlook from shale plays now look like wallflowers lingering in the spot market, reluctant to strike long-term supply deals until there’s more clarity on price direction.

May 2, 2011

Southwestern CEO: Utility Buyers All Talk for Now

As U.S. gas production grows, local distribution utilities that once might have been skeptical about the strong supply outlook from shale plays now look like wallflowers lingering in the spot market, reluctant to strike long-term supply deals until there’s more clarity on price direction.

May 2, 2011

Barclays: Northeast Demand Growth ‘Anemic’

As production from the Marcellus Shale grows and gas continues to trudge eastward on the Rockies Express Pipeline (REX), gas-fired power generation and exports to Canada are about the only opportunities to relieve Northeast oversupply, Barclays Capital analysts said in a note last week.

April 11, 2011

Barclays Sees ‘Anemic’ Northeast Demand Growth

As production from the Marcellus Shale grows and gas continues to trudge eastward on the Rockies Express Pipeline (REX), gas-fired power generation and exports to Canada are about the only opportunities to relieve Northeast oversupply, Barclays Capital analysts said in a note Tuesday.

April 8, 2011
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