With solid second quarter results in the books, Encana Corp. is taking a look at its entire North American portfolio and has begun putting a “new emphasis on our portfolio of emerging liquids plays,” newly installed CEO Doug Suttles told investors last week.
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Encana’s Duvernay, TMS Results Encouraging, Says New CEO
With solid second quarter results in the books, Encana Corp. is taking a look at its entire North American portfolio and has begun putting a “new emphasis on our portfolio of emerging liquids plays,” CEO Doug Suttles told investors on Wednesday.
Two Oregon LNG Export Projects Said on Track
The backers of two proposed liquefied natural gas (LNG) export-import projects in Oregon said their plans remain on track, putting them ahead of competition from proposed facilities on British Columbia’s (BC) west coast. Jordan Cove LNG may file for federal approval this week.
BP Waves Goodbye to ‘Beyond Petroleum’ with Wind Sale
BP plc is putting its once touted U.S. wind energy business on the market to refocus on growing its oil and natural gas operations, the operator said last week.
BP Selling U.S. Wind Unit, Focusing on Oil, Natural Gas
BP plc is putting its U.S. wind energy business on the market to refocus on growing its oil and natural gas operations, the operator said Wednesday.
Broad, Deep Weather-Driven Rally Lifts All Points; Futures Rise
With few exceptions, all points scored at least double-digit gains Monday with some points putting in dollar-plus moves as cold weather sliced into the West over the weekend and was forecast to march eastward. On average gains were 28 cents overall, with the volatile Northeast points scoring the most gains. At the close February natural gas futures had added 4.6 cents to $3.373 and March was higher by 4.2 cents to $3.378. February crude oil gained 58 cents to $94.14/bbl.
Williams Builds Onshore Natural Gas Footprint
Williams is taking the long view on North America’s natural gas, agreeing last week to significantly build its onshore pipeline network by putting up to $2.4 billion into a system once owned by Chesapeake Energy Corp.
Williams Expands Onshore Natural Gas Footprint
Williams is taking the long view on North America’s natural gas, agreeing to significantly build its onshore pipeline network by putting up to $2.4 billion into a system once owned by Chesapeake Energy Corp.
On Pit Rule, Court Sides with New Mexico Producers
A state district judge in New Mexico last week handed the state’s oil and gas industry a new year’s present, putting a halt to legal appeals of ongoing industry efforts to revise rules for handling drilling and production waste, the so-called “pit rule.”
New Mexico Court Halts Legal Appeals on ‘Pit Rule’
A state district judge in New Mexico Tuesday handed the state’s oil/gas industry an early new year’s present, putting a halt to legal appeals of ongoing industry efforts to revise rules for handling drilling and production waste, the so-called “pit rule.” An Oil Conservation Commission hearing on the industry efforts is now scheduled for Jan. 23 in Santa Fe.