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Growing gas supply in the Marcellus Shale and projected growth in gas-fired power generation among southern states could mean a renaissance for the traditional Gulf of Mexico-to-Northeast pipeline business. Spectra Energy Corp. would seem to think so, as its latest project, called Renaissance Gas Transmission, would carry Marcellus gas south to Georgia, Alabama and Tennessee.

Williams may have come up short in its bid to acquire Southern Union Co., but that doesn’t mean there aren’t other deals waiting to be made, CEO Alan Armstrong said last week.

IHS CERA chairman Daniel Yergin, whose expertise about all things energy has made him a go-to authority, said Tuesday the world’s energy supply and demand picture is less clear today than it was a year ago.

Williams may have come up short in its bid to acquire Southern Union Co., but that doesn’t mean there aren’t other deals waiting to be made, CEO Alan Armstrong said Wednesday.

The lingering effects of a recent La Nina event “mean no summer for the Great Lakes” this year, according to AccuWeather.com forecasters, who also expect drought conditions to expand out of the southern Plains and flooding in the Midwest this summer.

Shale patch heavyweight Chesapeake Energy Corp. has reached its debt reduction goal, built an internal oilfield services unit to counter cost inflation and grew first quarter production 20% as it increasingly emphasized higher-value oil and natural gas liquids (NGL), CEO Aubrey McClendon enthused during an earnings conference call Tuesday. But Wall Street was not impressed.

When people talk about “getting it right” in shale development, they usually mean protecting the environment, and on Tuesday an audience in Pittsburgh heard various ways that the natural gas industry can get it right in the Marcellus Shale.

BP plc’s decision to invest billions in India’s offshore, just one month after a billion-plus tie-up with a Russian producer, doesn’t mean the oil major is abandoning the United States, CEO Bob Dudley said last week.

Shale gas so far has not impacted prices and supplies in the Pacific Northwest other than to make more remote the possibility of liquefied natural gas (LNG) imports and to increase the chances of exporting supplies from British Columbia (BC), Northwest Natural Gas Co. gas supply director Randy Friedman told the audience at “LDC Forum: Rockies and the West” conference Wednesday in Los Angeles.