With the cold regime that has settled into much of the U.S. and Canada appearing more and more set for an extended stay, cash prices continued to rise Tuesday. The advance was across the board for a second day and derived extra support from Monday’s futures spike of 43.3 cents.
Regime
Articles from Regime
Northwest Territories Demands on Mackenzie Project Escalate
A blunt greeting has been given to the newly-elected Conservative regime in Ottawa by a Northwest Territories government out to parlay northern gas development into a new economic deal for the Canadian Arctic.
Kerr-McGee Sells North Sea Assets for $3.5B
In an effort to pay down debt, streamline operations and benefit from the advantageous tax regime in the United Kingdom, Kerr-McGee Corp. sold all of its North Sea assets, including 231 million boe of proved reserves, Monday for US$3.5 billion in cash, the assumption of $182 million in abandonment obligations and another $175 million in derivative liabilities.
New Canadian Pipeline Regime Sees Uneven Competition
In case anyone missed the lessons of new pipeline construction,hot regulatory fights and negotiating marathons, some newdescriptions for the state of Canadian natural gas transportationhave been coined at the National Energy Board.