Five years from now, Montney Shale gas could have a pathway to the British Columbia (BC) west coast and potentially lucrative Asian gas markets via a C$5 billion pipeline project announced by TransCanada Corp. on Wednesday.
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Marathon Entering Eagle Ford Play
Marathon Oil Corp. is dipping its toes into the liquids-rich Eagle Ford Shale play in South Texas through a deal with Houston-based Denali Oil & Gas, the company said Monday.
Cash Market Records Third Straight Significant Gainer
Shrugging off prior-day screen weakness, natural gas cash market points on Wednesday for Thursday delivery linked together a third consecutive day of across-the-board gains, with most points adding between 38 and 60 cents.
Ecoterrorist to EnCana: Five Years to Shut Down in BC
The Dawson Creek Daily News newspaper last Wednesday received a second letter linked to a string of natural gas pipeline bombings in the Dawson Creek, BC, area dating back to last fall. It threatens more action and gives EnCana Corp. a deadline for removing its oil and gas facilities.
BC Pipeline Bomber Sends Another Letter
The Dawson Creek Daily News newspaper Wednesday received a second letter linked to a string of natural gas pipeline bombings in the Dawson Creek, BC, area dating back to last fall. It gives EnCana Corp. a deadline for removing its oil and gas facilities.
PG&E Settles Last of ‘Erin Brockovich’ Lawsuits
Pacific Gas and Electric Co. (PG&E) has agreed to pay $20 million to settle the last of a series of lawsuits stemming from water poisoning linked to its natural gas transmission pipeline operations in the Mojave Desert northeast of Los Angeles. The agreement was finalized late in March, according to an Associated Press report.
S&P: Merchant Fortunes Linked to Gas Prices
The profitability of merchant power generators is largely linked to natural gas prices and industrial gas demand destruction as well, as domestic exploration and production success could yield long-term benefits for the sector, according to Standard & Poor’s Ratings Services (S&P).
S&P: Merchant Fortunes Linked to Gas Prices
The profitability of merchant power generators is largely linked to natural gas prices and industrial gas demand destruction as well, as domestic exploration and production success could yield long-term benefits for the sector, according to Standard & Poor’s Ratings Services (S&P).
Wachovia Analysts See ‘Early Signs’ of Gas Going Global
Natural gas, which until now has been considered a local commodity, will be increasingly linked to the global market over the next decade, according to an analyst research report released by Wachovia Capital Markets LLC.
CA Governor Signs Two Electricity Bills
Separate but closely linked California legislative proposals toprovide consumer electricity rate relief and accelerated powerplant siting/energy efficiency programs were signed into lawWednesday by Gov. Gray Davis, who used the occasion to list 11separate previous electricity-related actions he or hisadministration have taken since June 14 immediately following thefirst controlled rolling brownouts in the San Francisco Bay Areasince World War II.