Ready

With its energy trading unit now sold, Entergy-Koch LP retained Lehman Brothers to coordinate offers to sell subsidiary Gulf South Pipeline Co. LP. The Houston-based pipeline is jointly owned by Entergy Corp. and Koch Industries Inc., and is part of the companies’ overall plan to disband their partnership.

While convinced the oil price is a bubble ready to burst at any time, Canadians see a firm floor holding up under natural gas — and not least because it is a struggle to maintain their contribution to the North American “continental market.” Consensus forecasts north of the border draw a sharp contrast between the oil and gas markets.

While convinced the oil price is a bubble ready to burst at any time, Canadians see a firm floor holding up under natural gas — and not least because it is a struggle to maintain their contribution to the North American “continental market.” Consensus forecasts north of the border draw a sharp contrast between the oil and gas markets.

With their 30-year boundary dispute now history, Nova Scotia and Newfoundland officials have promised to work together to ramp up exploration and production (E&P) opportunities in the offshore Laurentian Basin and nearby fields, which could yield 600-700 million bbl of oil and 8-9 Tcf of natural gas.

Not ready to back of off its 36.9 cent jump Monday, the June natural gas futures contract instead continued on its upward path, recording a modest gain Tuesday of 3.8 cents to close at $6.269, while trading within a $6.235-6.36 range.

With their 30-year boundary dispute now history, Nova Scotia and Newfoundland officials have promised to work together to ramp up exploration and production (E&P) opportunities in the offshore Laurentian Basin and nearby fields, which could yield 600-700 million bbl of oil and 8-9 Tcf of natural gas.

Top officials from Alberta and British Columbia last Thursday touted the strategic positioning and infrastructure of their provinces in facilitating the movement of natural gas through the proposed Alaska pipeline, which, if constructed, will deliver gas to the Lower 48.

Top officials from Alberta and British Columbia on Thursday touted the strategic positioning and infrastructure of their provinces in facilitating the movement of natural gas through the proposed Alaska pipeline, which, if constructed, will deliver gas to the Lower 48.

The Nebraska Public Service Commission (PSC) expects to have new rules ready by the end of this month to regulate the state’s investor-owned natural gas utilities. The state legislature passed a bill in late May to oversee local distribution companies (LDCs), taking over authority from Nebraska municipalities.