The United States likely will surpass Russia and Saudi Arabia this year to become the largest liquids producer in the world because of tight oil and biofuels growth, according to BP plc. North America also is expected to lead in shale gas output to 2030.
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Onshore Independents Seen Fueling U.S. Economy
Onshore independent natural gas and oil producers supported almost 400,000 direct workers and generated $263 billion in gross economic output in 2010, the Independent Petroleum Association of America (IPAA) said Monday.
EXCO Withdraws Marcellus Lease Offer Near Pittsburgh
EXCO Resources Inc. has withdrawn its proposal to lease nearly 300 acres of borough-owned land for Marcellus Shale gas drilling operations in Ford City, PA, about 40 miles northeast of Pittsburgh in Armstrong County, the borough council said Tuesday.
U.S., Mexico to Cooperate on Climate Change, Energy Policies
While highlighting plans for improved border security and migration policies, President Obama and Mexican President Felipe Calderon meeting in Mexico City Thursday, also pledged cooperation across the border on measures to address climate change and energy resources.
U.S., Mexico to Cooperate on Climate Change, Energy Policies
While highlighting plans for improved border security and migration policies, President Obama and Mexican President Felipe Calderon, meeting in Mexico City Thursday, also pledged cooperation across the border on measures to address climate change and energy resources.
FirstEnergy: Global Market Changes Make Kitimat Export Plan Viable
A British Columbia (BC) proposal for a northern Pacific liquefied natural gas (LNG) terminal has converted itself into an export project, highlighting a 180-degree turn seen ahead for supplies when Canadian producers catch up to Americans in applying new technology.
FirstEnergy: Global Market Changes Make Kitimat Export Plan Viable
A British Columbia (BC) proposal for a northern Pacific liquefied natural gas (LNG) terminal has converted itself into an export project, highlighting a 180-degree turn seen ahead for supplies when Canadian producers catch up to Americans in applying new technology.
Technology Unlocking Previously Ignored Gas in Alberta
Intensive application of improved drilling methods has paid off for an aggressive “junior” among Canadian natural gas producers while highlighting an industry trend of using technology to tap targets previously regarded as beyond economic reach.
Futures Post Small Gain; Market Still Seen as Directionless
June natural gas futures traded in an extremely tight 12-cent range Wednesday, further highlighting the market’s recent directionless pattern. Trading between $7.610 to $7.730, the prompt month ended up closing 8.3 cents higher at $7.720, breaking the week’s two-day string of lower closes.
In Brief
NiSource Inc. Monday debuted a new section of its internet Web site highlighting the company’s extensive corporate governance practices. The NiSource Board of Directors recently approved updated corporate governance guidelines, which are available via the company’s Web site along with NiSource’s code of ethics, business ethics program, biographies of the company’s board members and senior management, organizational documents, board committee membership and charters and other information. The company’s corporate governance guidelines define the systems and processes by which the company ensures appropriate accountability and openness in the conduct of its business. The information is available via the company’s home page, www.nisource.com in the Investor Relations section.