Officials in the Canadian province of New Brunswick unveiled new rules for oil and natural gas development in the prospective Frederick Brook Shale on Friday, including a requirement that operators disclose all of the chemicals used in hydraulic fracturing (fracking).
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North Carolina Gas Reserve Estimates Said Too Optimistic
North Carolina’s assistant state geologist said estimates put forth by supporters of natural gas development in the Tar Heel State are overly optimistic and actual reserves are probably much lower.
State Geologist Says Some North Carolina Gas Supply Estimates Too Optimistic
North Carolina’s assistant state geologist said estimates put forth by supporters of natural gas development in the Tar Heel State are overly optimistic and actual reserves are probably much lower.
Futures Group Calls CFTC Anti-Disruptive Proposal ‘Overly Vague’
The Commodity Futures Trading Commission’s (CFTC) proposed rule aimed at averting disruptive practices in the swaps market is “overly vague,” the Futures Industry Association (FIA) told the agency.
Futures Group Calls CFTC Anti-Disruptive Proposal ‘Overly Vague’
The Commodity Futures Trading Commission’s (CFTC) proposed rule aimed at averting disruptive practices in the swaps market is “overly vague,” the Futures Industry Association (FIA) told the agency.
Market Mostly Higher as GOM Restoration Pace Lags
Initial expectations of a rapid return of Gulf of Mexico (GOM) oil and gas production from the outages caused by hurricanes Gustav and Ike appeared to be overly optimistic by Wednesday, and both the cash and futures markets were firmer in response. And although substantial cooling load is still subpar for mid-September in most areas, some slightly premature heating load is arriving to displace it, especially in the Northeast.
Despite Recent Busts, Forecasters Call for Active 2008 Hurricane Season
Coming off of yet another hurricane season that never quite lived up to the forecasts for overly active storm development, weather forecasters at Colorado State University (CSU) late last week predicted that the Gulf of Mexico and other areas surrounding the Atlantic Ocean’s storm breeding grounds can expect a somewhat above-average 2008 hurricane season.
Despite Recent Busts, Forecasters See Active 2008 Hurricane Season
Coming off of yet another hurricane season that never quite lived up to the forecasts for overly active storm development, weather forecasters at Colorado State University (CSU) late last week predicted that the Gulf of Mexico and other areas surrounding the Atlantic Ocean’s storm breeding grounds can expect a somewhat above-average 2008 hurricane season.
CME Launches Hurricane Futures and Options Contracts
Looking to give people in the energy industry and beyond a way to protect themselves from the billions of dollars in damage incurred during the overly active 2005 hurricane season, the Chicago Mercantile Exchange last week rolled out its CME-Carvill Hurricane Index futures and options. The underlying indexes will be calculated by Carvill, an independent reinsurance intermediary in specialty reinsurance that tracks and calculates hurricane activity.
CME Launches Hurricane Futures and Options Contracts
Looking to give people in the energy industry and beyond a way to protect themselves from the billions of dollars in damage incurred during the overly active 2005 hurricane season, the Chicago Mercantile Exchange on Monday rolled out its CME-Carvill Hurricane Index futures and options. The underlying indexes will be calculated by Carvill, an independent reinsurance intermediary in specialty reinsurance that tracks and calculates hurricane activity.