Helped

Researchers: Marcellus Helped Region Weather Recession

The growth of the natural gas industry in the heart of Pennsylvania’s eastern Marcellus Shale helped the area avoid the worst of the 2008 recession, and the positive effects have only just begun, according to a study issued by the Institute for Public Policy and Economic Development (IPPED).

October 30, 2012

ConocoPhillips Seeking ‘Attractive Opportunities’

ConocoPhillips on Thursday reported that lower natural gas and oil prices dampened 3Q2012 results, but U.S. production helped lift the independent above analyst expectations.

October 29, 2012

ConocoPhillips Seeking ‘Attractive Opportunities’

ConocoPhillips on Thursday reported that lower natural gas and oil prices dampened 3Q2012 results, but U.S. production helped lift the independent above analyst expectations.

October 29, 2012

Canaccord Genuity: ‘Fundamentals in Place’ For $4 Gas

Robust demand from the power generation sector has helped to rebalance the natural gas market and fundamentals are in place for prices to increase to “at least $4[/Mcf] this winter,” according to Canaccord Genuity analyst John Gerdes.

September 24, 2012

Canaccord Genuity: ‘Fundamentals in Place’ For $4 Gas

Robust demand from the power generation sector has helped to rebalance the natural gas market and fundamentals are in place for prices to increase to “at least $4[/Mcf] this winter,” according to Canaccord Genuity analyst John Gerdes.

September 18, 2012

BP Exec to Take Over Talisman Operations

Jim Buckee, an astrophysicist who helped build Talisman Energy Inc. into Canada’s third-largest explorer, announced his plans to retire as CEO last week. John Manzoni, who, like Buckee is a veteran of London-based BP plc, will take over Sept. 1.

September 17, 2012

Gas, Coal to Tango for Rest of Injection Season, Says Barclays

Natural gas duked it out with coal at a record pace in 2Q2012, and third-in-a-row hot summer temperatures helped to knock out more of the gas storage overhang, but the rest of the injection season may turn into a delicate tango between coal displacement and low prices, Barclays Capital energy analysts said Thursday. “Sufficient” displacement may not be achieved unless gas prices average in the mid $2 range in September and October, said analysts Shiyang Wang and Michael Zenker.

September 4, 2012

Gas, Coal to Tango for Rest of Injection Season, Says Barclays

Natural gas duked it out with coal at a record pace in 2Q2012, and third-in-a-row hot summer temperatures helped to knock out more of the gas storage overhang, but the rest of the injection season may turn into a delicate tango between coal displacement and low prices, Barclays Capital energy analysts said last week. “Sufficient” displacement may not be achieved unless gas prices average in the mid $2 range in September and October, said analysts Shiyang Wang and Michael Zenker.

September 3, 2012

U.S. Onshore, GOM Fuel Record Anadarko Output

U.S. onshore and deepwater Gulf of Mexico (GOM) output helped Anadarko Petroleum Corp. post record sales volumes in the second quarter, but profits plunged following a $978 million write-down related to low natural gas prices on coalbed methane (CBM) properties.

August 1, 2012

Cheap NatGas Draws Methanol Plant to Louisiana

Abundant regional supplies of natural gas helped Louisiana to score another economic development win with the announcement that Methanex Corp. will construct a $550 million methanol plant in the state.

July 30, 2012