Marketplace

Despite a large supply of ethane in the Appalachian Basin and no nearby place to put it, several projects to ship the commodity out of the region are challenged by the complexities of the marketplace, according to several project sponsors.

Shale basins have rewritten the book on natural gas supply, and now they’re turning the outlook for natural gas liquids (NGL) on its head. Next will be crude oil as the technology transfer to these plays takes hold in earnest, according to an analysis expected to be finished in about three weeks.

Natural gas transmission companies have been keeping FERC busy with project paperwork as the industry segment tries to adjust to a marketplace being altered by shale gas.

In what he described as “a contrarian view to what we’re hearing in the marketplace,” Paul Corby, senior vice president of Planalytics Inc., said he thinks natural gas prices could be close to $5.50/MMBtu later this year and possibly as high as $6.50/MMBtu in 2012.

In what he described as “a contrarian view to what we’re hearing in the marketplace,” Paul Corby, senior vice president of Planalytics Inc., said Wednesday he thinks natural gas prices could be close to $5.50/MMBtu later this year and possibly as high as $6.50/MMBtu in 2012.

North America led the global upstream merger and acquisition (M&A) marketplace in 3Q2010 with 100 transactions totaling $18.1 billion, or 41% of the $43.8 billion in a total of 154 trades worldwide, according to a tally by PLS Inc. in conjunction with its international partner, Derrick Petroleum Services.

North America led the global upstream merger and acquisition (M&A) marketplace in 3Q2010 with 100 transactions totaling $18.1 billion, or 41% of the $43.8 billion in a total of 154 trades worldwide, according to a tally by PLS Inc. in conjunction with its international partner, Derrick Petroleum Services.

New regulations to push the marketplace toward the use of more natural gas and renewables could unshackle the United States from oil imports, U.S. Rep. Ed Markey (D-MA) said last week. He spoke to a standing room only crowd on the first day of Cambridge Energy Research Associates’ CERAWeek conference in Houston.

New regulations to push the marketplace toward the use of more natural gas and renewables could unshackle the United States from oil imports, U.S. Rep. Ed Markey (D-MA) said Monday. He spoke to a standing room only crowd on the first day of Cambridge Energy Research Associates’ CERAWeek conference in Houston.