Chevron Corp., one of the few major oil companies without a visible presence in the North American shale plays, on Tuesday made up for lost time in a deal to buy Atlas Energy Inc. for an estimated $4.3 billion.
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Barclays Adds Several BP Sales Execs to Commodity Team
Barclays Capital looks to be beefing up its physical oil and natural gas market presence as the investment bank reported in an internal memo that it has hired several BP plc veterans to join its Commodities Distribution segment.
Barclays Adds Several BP Sales Execs to Commodity Team
Barclays Capital looks to be beefing up its physical oil and natural gas market presence as the investment bank reported in an internal memo that it has hired several BP plc veterans to join its Commodities Distribution segment.
WSI Again Trims Hurricane Forecast
Despite the presence in the central Atlantic of the year’s fourth named storm and a high probability that an area of low pressure off the coast of Africa could form into another tropical cyclone, Andover, MA-based WSI Corp. has for the second time this summer lowered the number of hurricanes in its 2010 Atlantic hurricane forecast.
Pennsylvania Cracks Down on Marcellus-Related Trucking
Complaints from area residents have prompted the Pennsylvania Public Utility Commission (PUC) to increase its enforcement presence in the five-county area of northeastern Pennsylvania connected to the Marcellus Shale, the agency said Friday.
Pennsylvania Cracks Down on Marcellus-Related Trucking
Complaints from area residents have prompted the Pennsylvania Public Utility Commission (PUC) to increase its enforcement presence in the five-county area of northeastern Pennsylvania connected to the Marcellus Shale, the agency said Friday.
ConocoPhillips Consolidates Global Trading Arms
ConocoPhillips last week said it was consolidating its regional trading arm into a global business based in London to increase its presence in physical natural gas and oil marketing. The London office will monitor U.S. and Asian markets, while the supply trading would be carried out in Houston, where the company is headquartered.
Reports: ConocoPhillips Consolidating Global Trading Arms
ConocoPhillips is said to be consolidating its regional trading arm into a global business to be based in London to increase its presence in physical natural gas and oil marketing. According to press reports, the London office would monitor U.S. and Asian markets, while the supply trading would be carried out in Houston, where the company is headquartered.
Gazprom, EDF to Swap 50 MMcf/d in UK, U.S.
Wasting no time in making its presence felt in North America, Gazprom Marketing & Trading Ltd. (GM&T), a subsidiary of Russian natural gas giant Gazprom, jointly announced last week with France’s EDF Trading an agreement to swap natural gas between the United States and United Kingdom markets.
Gazprom, EDF Ink 50 MMcf/d UK-U.S. Gas Swap
Wasting no time in making its presence felt in North America, Gazprom Marketing & Trading Ltd. (GM&T), a subsidiary of Russian natural gas giant Gazprom, jointly announced Tuesday with France’s EDF Trading an agreement to swap natural gas between the United States and United Kingdom markets.