Pursued

To become less vulnerable to natural gas basis risk is a key reason Energy Transfer Equity LP (ETE) has aggressively pursued Southern Union Co., ETE Chairman Kelcy Warren said Thursday.

To become less vulnerable to natural gas basis risk is a key reason Energy Transfer Equity LP (ETE) has aggressively pursued Southern Union Co., ETE Chairman Kelcy Warren said Thursday.

Big spending by Big Oil in the U.S. shale plays is leading to a big-time recovery in global upstream capital spending, according to energy consultant Wood Mackenzie.

BP plc’s land grab in the Arkoma Basin’s Woodford Shale last month is the first of several North American natural gas prospects likely to be pursued, the London-based major’s exploration chief said last week.

BP plc’s land grab in the Arkoma Basin’s Woodford Shale is the first of several North American natural gas prospects likely to be pursued, the London-based major’s exploration chief said Tuesday.

All economic energy sources should be pursued to meet growing demand, but fossil fuels — natural gas, oil and coal — will continue to play the predominant role well into this century because of their scale, reliability and affordability, the CEO of ExxonMobil Corp. said last week.

All economic energy sources should be pursued to meet growing demand, but fossil fuels — natural gas, oil and coal — will continue to play the predominant role well into this century because of their scale, reliability and affordability, the CEO of ExxonMobil Corp. said Monday.