The Sierra Club mounted another protest of exports of U.S. liquefied natural gas (LNG), this time against a facility proposed for Freeport, TX. The opposition is not against exports themselves but against the expectation that they will cause drillers to expand the use of hydraulic fracturing (fracking) well stimulation.
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Technical Stops in Sight; April Crawls Higher
April natural gas managed a small gain Tuesday in volatile trading. Petroleum markets, however, continued to plummet as concerns mounted over the deepening crisis in Japan and a substantial hit to the world’s third largest economy. Natural gas prices managed to rise as traders noted the relative appeal of gas compared to deteriorating equity and other petroleum markets. At the close April natural gas had risen 2.7 cents to $3.941 and May closed 3.6 cents higher at $4.012. April crude oil plunged $4.01 to $97.18/bbl.
Fingers Crossed on the GOM; ‘Top Kill’ Under Way
More than five weeks into the Gulf of Mexico oil spill caused by the explosion and sinking of drilling rig Deepwater Horizon, BP plc mounted its most ambitious attempt yet to stop the flow of oil from the ruptured well.
BC Energy Patch Bomber May Have Penned Letter
Royal Canadian Mounted Police (RCMP) investigators said last Thursday they have received a suspicious letter referencing EnCana Corp.’s energy development activity in the Dawson Creek area of British Columbia.
BC Mounties: New Letter May Be From Pipeline Bomber
Royal Canadian Mounted Police (RCMP) investigators said they have received a suspicious letter referencing Encana Corp.’s energy development activity in the Dawson Creek area of British Columbia, the RCMP said Thursday.
BC Mounties: New Letter May Be From Pipeline Bomber
Royal Canadian Mounted Police (RCMP) investigators said they have received a suspicious letter referencing Encana Corp.’s energy development activity in the Dawson Creek area of British Columbia, the RCMP said Thursday.
Canadian Authorities Hunt for Pipeline Bombers
The Royal Canadian Mounted Police (RCMP) has added two more constables to its Dawson Creek, BC, investigations team following two more bombings along EnCana Corp. natural gas pipeline sites.
Sabotage Suspected in BC Pipeline Rupture
The national security team of the Royal Canadian Mounted Police (RCMP) Thursday was investigating another possible attack on an EnCana Corp. natural gas pipeline in northern British Columbia.
NRG to Shareholders: Ignore Exelon Offer
NRG Energy Inc. last Tuesday confirmed that Exelon Corp. had mounted a hostile takeover attempt and noted that Exelon’s offer is unchanged from a previous one that NRG management deemed unsatisfactory and rejected on Nov. 9.
Canadian Authorities Investigating EnCana Pipeline Explosion
The British Columbia branch of the Royal Canadian Mounted Police (RCMP) is investigating an Oct. 11 explosion on an EnCana natural gas pipeline 50 kilometers east of Dawson Creek near the British Columbia border with Alberta. Sabotage is suspected, the authorities said.