Europe’s unconventional commercial gas reserves likely rival those in North America and could begin making contributions to supply in 10 to 15 years, according to IHS Cambridge Energy Research Associates (IHS CERA).
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Recent Weakness Keeping Traders Wary; June Falls 1.8 Cents
Natural gas futures slid lower in uninspired trading Monday and traders have begun to question the markets ability to test the upper end of its trading range. June futures fell 1.8 cents to $4.017 and July shed 3.1 cents to $4.075. July crude oil added 17 cents but the remaining contract months posted losses.
Can Mackenzie Gas Project Survive Competition from Shale?
The Mackenzie Gas Project (MGP) has been ordered by Canadian regulators to try and answer the question hanging over Arctic gas schemes in Canada and the United States alike: can they survive competition from the new generation of southern shale supply sources?
Can Mackenzie Gas Project Survive Competition from Shale?
The Mackenzie Gas Project (MGP) has been ordered by Canadian regulators to try and answer the question hanging over Arctic gas schemes in Canada and the United States alike: can they survive competition from the new generation of southern shale supply sources?
Can Mackenzie Gas Project Survive Competition from Shale?
The Mackenzie Gas Project (MGP) has been ordered by Canadian regulators to try and answer the question hanging over Arctic gas schemes in Canada and the United States alike: can they survive competition from the new generation of southern shale supply sources?
Reaction to ExxonMobil’s XTO Bid: ‘Wow!’
It was mostly a question of “when,” not “if,” ExxonMobil Corp. would make a mega purchase of some hot oil or natural gas property worldwide. But the news last Monday that it would buy onshore natural gas producer XTO Energy Inc. was a big surprise to a lot of energy analysts. Now some are wondering where the next big transaction in the gas patch will be.
Reaction to ExxonMobil Bid for XTO: ‘Wow!’
It was mostly a question of “when,” not “if,” ExxonMobil Corp. would make a mega purchase of some hot oil or natural gas property worldwide. But the news Monday that it would buy onshore natural gas producer XTO Energy Inc. was a big surprise to a lot of energy analysts and now some are wondering where the next big transaction will be.
FERC Launches Surgical Strike on Pipeline Rates
Pipeline customers who failed to get lower rates on Panhandle Eastern Pipe Lines’ Southwest Gas Storage service by filing their own Natural Gas Act (NGA) Section 5 complaint [RP07-34] several years ago, nevertheless may have laid the groundwork and inspired the strategy for a FERC surprise action last week that calls for formal investigations of three pipelines for possible over-recovery in their rates.
Analysts: Prices Going Down, ‘Like We Said’
It’s not a question of “if” but rather “when” the market will see sub-$3/Mcf natural gas, Raymond James & Associates Inc. analysts said in a research note last week in which they took a bow for calling the bear market early and predicted more pain to come for gas producers.
Raymond James: Cruel Summer to Deliver ‘Price Meltdown’
It’s not a question of “if” but rather “when” the market will see sub-$3/Mcf natural gas, Raymond James & Associates Inc. analysts said in a Monday research note in which they took a bow for calling the bear market early and predicted more pain to come for gas producers.