Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).
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Canada’s Emerging Natural Gas Basins Seen Lifting Output
Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).
Midwest Gains Pace Weather-Driven Advance; Futures Rise
Physical natural gas prices at most points across the country rose about a dime Tuesday, but if the highly volatile Northeast is added to the mix, the overall change is a loss of about 3 cents.
Deloitte: North American Shale Magnet for Foreign Companies
Unconventional oil and gas activities and production continued to make their significance felt in mergers and acquisitions (M&A) in the oil and gas sector last year, with much of the new domestic investment coming from foreign companies, according to Deloitte.
Northeast Storm-Driven Surge Masks Overall Weakness; Futures Slide
Physical natural gas prices Friday rose an average 79 cents to $4.92, but if the highly volatile and constrained New England points are removed from the figures, the average was a loss of 2 cents to $3.58.
Tumbling Northeast Can’t Offset Broad Gains; Futures Ease
Cash prices overall gained about a dime at most points, but if a handful of New England and highly volatile eastern points are factored in, the national average gain on Monday for Tuesday delivery came in at just under a penny.
Today’s Gas Market Is Nothing to Yawn At
Since the 2008 financial crisis, crude, metals and agricultural commodities markets are more highly correlated with each other and the S&P 500, so traders need to watch out. Good reason not to roll one’s eyes at natural gas, which lately some have dismissed as boring, an energy commodity markets veteran said.
Today’s Gas Market Is Nothing to Yawn At
Since the 2008 financial crisis, crude, metals and agricultural commodities markets are more highly correlated with each other and the S&P 500, so traders need to watch out. Good reason not to roll one’s eyes at natural gas, which lately some have dismissed as boring, an energy commodity markets veteran said.
Yes, There Is a ‘Free Lunch,’ Try Ryder NGVs
Highly committed from the top down to using more natural gas in its extensive national fleet truck rental business, Ryder Systems Inc. said it will continue through July 27 a three-day free “ride-and-drive” rental of natural gas vehicles (NGV) in the Sacramento area in Northern California.
Chesapeake Takes Case to Shareholders
Chesapeake Energy Corp. CEO Aubrey McClendon and National Oilwell Varco CEO Pete Miller, the lead independent director of the board, late Tuesday sent a letter to shareholders addressing”certain issues” raised last week by John Liu, the City of New York’s comptroller, who oversees the city’s pension funds.