Prove

E&Ps Face Choices Under SEC Reserve Revisions

The updated reserves reporting rules for U.S. exploration and production (E&P) companies enacted by the Securities and Exchange Commission (SEC) may prove a struggle for independents in choosing whether to be aggressive with their bookings versus a more conservative approach, particularly when booking proved undeveloped (PUD) locations, analysts said Thursday.

January 25, 2010

Futures Record New Low, Trade Sub-$3.45

What might seem to be just another down day Tuesday may prove to be more pivotal than some traders imagine. Prices made an early stab to as low as $3.448 in electronic Globex trading slicing through widely heralded technical support at $3.500. Market technicians re-calibrated their estimate of what now constitutes technical support 12 cents lower, and if that is taken out, traders may very well be looking at natural gas futures with a $2 handle.

April 22, 2009

Consumer Advocate Opposes Dominion East Ohio Rate Hike

Ohio regulators should reject Dominion East Ohio’s request to increase rates because the utility has failed to prove its need, the Ohio Consumers’ Counsel (OCC) said in testimony before the Public Utilities Commission of Ohio (PUCO) last week. Further, the OCC opposes a proposal to increase the proportion of distribution costs recovered from a fixed rather than a volumetric charge.

June 30, 2008

Consumer Advocate Opposes Dominion East Ohio Rate Hike

Ohio regulators should reject Dominion East Ohio’s request to increase rates because the utility has failed to prove its need, the Ohio Consumers’ Counsel (OCC) said in testimony before the Public Utilities Commission of Ohio (PUCO) Monday. Further, the OCC opposes a proposal to increase the proportion of distribution costs recovered from a fixed rather than a volumetric charge.

June 24, 2008

Dominion Inks Coal-to-Gas Demonstration Deal With GreatPoint Energy

In an effort to prove that coal can be part of the greenhouse gas (GHG) solution instead of part of the problem, Dominion said late last week that its Brayton Point Power Station in New England will become the site of a large-scale demonstration project designed to convert biomass, coal and petroleum coke into separate streams of natural gas and carbon dioxide.

October 29, 2007

Dominion Inks Coal-to-Gas Demonstration Deal With GreatPoint Energy

In an effort to prove that coal can be part of the greenhouse gas (GHG) solution instead of part of the problem, Dominion said Thursday that its Brayton Point Power Station in New England will become the site of a large-scale demonstration project designed to convert biomass, coal and petroleum coke into separate streams of natural gas and carbon dioxide.

October 26, 2007

Futures Climb as Traders Eye Storms, Developing La Nina Event

Continuing to prove that the on-again/off-again relationship between natural gas and crude markets is currently in off mode, November natural gas futures on Monday moved 18 cents higher to close at $7.050 while November crude dropped $1.42 to finish the day’s regular session at $80.24/bbl. Talks of a La Nina event returning to the Pacific also had gas traders wary of a repeat of the late 2000 price spike, which took place during the last recorded La Nina episode.

October 2, 2007

Gas Shales Drive Unconventional Growth; CBM Coming On

North America’s conventional onshore and offshore natural gas production continues to decline, and two sources will prove to be ever more crucial to supply: unconventional production and liquefied natural gas (LNG) imports, an energy consultant said Thursday.

June 4, 2007

Gas Shales Drive Unconventional Growth; CBM Coming On

North America’s conventional onshore and offshore natural gas production continues to decline, and two sources will prove to be ever more crucial to supply: unconventional production and liquefied natural gas (LNG) imports, an energy consultant said Thursday.

June 4, 2007

Prosecutor Attempts to Use Skilling’s Words Against Him

Attempting to prove a pattern of deception at Enron Corp., federal prosecutor Sean Berkowitz completed his relentless cross-examination of former CEO Jeffrey Skilling on Wednesday. But in four days of direct testimony and three days of cross-examination, Skilling maintained that he either didn’t know, didn’t remember or wasn’t involved in any of the alleged misdeeds at the company.

April 20, 2006