Poised

Power generation and Alberta oilsands development are poised to make strong Canadian contributions toward reducing the natural gas supply glut, said the vice-chairman and a member of the National Energy Board (NEB).

The natural gas vehicle (NGV) industry is poised for a period of growth that could put 7.3 million new NGVs on the road worldwide by 2015, a 75% increase from the current 9.7 million NGVs in operation, according to a report from Boulder, CO-based Pike Research.

While volume declines are suppressing bullish talk, Energy Transfer Partners (ETP) thinks the industry may be poised to pull out of the bear market next year, and until then CEO Kelcy L. Warren doesn’t think there is much risk of shut-ins for his midstream business.

While volume declines are suppressing bullish talk, Energy Transfer Partners (ETP) thinks the industry may be poised to pull out of the bear market next year, and until then CEO Kelcy L. Warren doesn’t think there is much risk of shut-ins for his midstream business.

With the Canaport LNG terminal due to receive its first shipment of liquefied natural gas (LNG) within days, Spain’s Repsol YPF is poised to enter the North American gas market with up to 1 Bcf/d of supply delivered “at the end of the pipe” to the hurricane-free Northeast/New England market.

With the Canaport LNG terminal due to receive its first shipment of liquefied natural gas (LNG) within days, Spain’s Repsol YPF is poised to enter the North American gas market with up to 1 Bcf/d of supply delivered “at the end of the pipe” to the hurricane-free Northeast/New England market.

The economic downturn could be half over, and when it ends the oil and gas industry is poised to benefit from the upturn — if it prepares now for better days, according to Ernst & Young.

The economic downturn could be half over, and when it ends the oil and gas industry is poised to benefit from the upturn — if it prepares now for better days, according to Ernst & Young.

Canadian natural gas exporters are poised to chalk up a strong year of gains in both sales volumes and revenues, but doubts that the stellar performance will be repeated are spreading.