If left unaddressed, pipeline shortfalls will put Canada’s oil industry at risk and will have “substantial negative impact” on the country’s economy, according to a report issued by the Canada West Foundation (CWF).
Improves
Articles from Improves
McClendon Out, but Chesapeake ‘Not for Sale’
Energy analysts and the market weighed in Wednesday on the news that natural gas pioneer and industry cheerleader Aubrey K. McClendon, co-founder, CEO and president of Chesapeake Energy Corp., is retiring effective April 1. His departure would end one point of controversy, but it won’t solve the problems facing the producer, according to some.
Commission Revises Gas-Electric Coordination Standards
FERC last Thursday approved a final rule that updates and improves standards for business practices of interstate natural gas pipelines, including new and revised standards aimed at improving the coordination between pipelines and electric utilities.
FERC Revises Standards to Improve Gas-Electric Coordination
FERC Thursday approved a final rule that updates and improves standards for business practices of interstate natural gas pipelines, including new and revised standards aimed at improving the coordination between pipelines and electric utilities.
Apache North American Onshore ‘Most Active’ in a While, Says CEO
Dry natural gas drilling in North America’s onshore, once a big calling for Houston-based Apache Corp., is off the to-do list until pricing improves, but with 60 rigs running in the U.S. onshore today — 58 targeting liquids targets — “we’ve got a very active drilling program going on right now, the most active we’ve been in some time in North America,” said CEO G. Steven Farris.
Sempra to Sell Energy Services Business Unless It Improves in ’04
San Diego-based Sempra Energy, which two years ago appeared to have a profitable niche selling energy services to large commercial/industrial customers, is looking to sell off that part of its nonutility businesses unless there is turnaround by the end of this year, Sempra CEO Steve Baum told the Deutsche Bank Electric Power Conference in New York City Tuesday.
Sempra to Sell Energy Services Business Unless It Improves in ’04
San Diego-based Sempra Energy, which two years ago appeared to have a profitable niche selling energy services to large commercial/industrial customers, is looking to sell off that part of its nonutility businesses unless there is turnaround by the end of this year, Sempra CEO Steve Baum told the Deutsche Bank Electric Power Conference in New York City Tuesday.
New Gas Pipeline is 50% Stronger Than Steel, Improves Construction Economics
Exxon Mobil and TransCanada PipeLines demonstrated installation of a new pipeline (X120) that is 50% stronger than the strongest pipeline steel commonly used for gas transmission systems today (X80) and is expected to substantially reduce pipeline project costs. ExxonMobil said the new pipeline could substantially improve the economics of developing remote natural gas resources, such as reserves in Alaska or Russia.
New Gas Pipeline is 50% Stronger Than Steel, Improves Construction Economics
Exxon Mobil and TransCanada PipeLines demonstrated installation of a new pipeline (X120) that is 50% stronger than the strongest pipeline steel commonly used for gas transmission systems today (X80) and is expected to substantially reduce pipeline project costs. ExxonMobil said the new pipeline could substantially improve the economics of developing remote natural gas resources, such as reserves in Alaska or Russia.
CA Utilities’ Stock Prices Rally in 2003 as Sector Improves
Providing a microcosm of the regained luster in some energy utility stocks, California’s three major utilities are all ending 2003 at or near 52-week highs in their stock prices. That includes two of the nation’s largest utilities that have been in or near bankruptcy for the last two years following the 2000-2001 western energy crisis.