Lucrative

Producing natural gas in North America today isn’t a particularly lucrative venture, but for proponents of exporting liquefied natural gas (LNG), particularly from Western Canada, the times couldn’t be better.

One day after unveiling a lucrative exploration joint venture (JV) in British Columbia, Nexen Inc. on Wednesday announced that it has inked another partnership agreement for Gulf of Mexico (GOM) leases.

Southern Union Co.’s share price on Friday jumped by double-digits after Williams extended a lucrative merger offer to counter one made earlier this month by Energy Transfer Equity LP (ETE).

Southern Union Co. is seeing its dance card beginning to fill up after Williams arrived late Thursday bearing a more lucrative merger package than one offered earlier this month by Energy Transfer Equity LP (ETE).

Southern Union Co. is seeing its dance card beginning to fill up after Williams arrived late Thursday bearing a more lucrative merger package than one offered earlier this month by Energy Transfer Equity LP (ETE).

Bulging natural gas liquids (NGL) supplies in the Midcontinent have prompted a plan to carry the bounty to more lucrative Gulf of Mexico region markets.

Having shed a lucrative commodities joint venture, San Diego-based Sempra Energy senior executives Thursday outlined a new focus on utility and natural gas infrastructure as the energy holding company’s strategic targets this year and beyond. This was the thrust of their remarks on a conference call with financial analysts to report decreased earnings year over year due to the exit from energy trading.

Having shed a lucrative commodities joint venture, San Diego-based Sempra Energy senior executives Thursday outlined a new focus on utility and natural gas infrastructure as the energy holding company’s strategic targets this year and beyond. This was the thrust of their remarks on a conference call with financial analysts to report decreased earnings year over year due to the exit from energy trading.

Legislation being drafted by West Virginia Gov. Earl Ray Tomblin’s administration includes a statutory pooling provision for shallow horizontal wells, which would include Marcellus Shale drilling in the state, according to Nick Casey, a member of the Lewis Glasser Casey & Rollins law firm in Charleston, WV.