Rough

U.S. natural gas marketers were in the midst of a full tactical retreat in the second quarter, with only seven of 24 companies reporting higher numbers compared with the same quarter last year, resulting in an 11% (14.82 Bcf/d) overall decline in gas sales transactions in 2Q2013 compared with 2Q2012, according toNGI’s 2Q2013 Top North American Gas Marketers Ranking.

Whether one loves or hates hydrocarbon fuels, “they are here to stay,” an energy lecturer and author told a Houston audience. “They provide nine out of 10 units of energy, nine out of 10 units of power…That will remain the case for decades to come. Energy transitions happen over decades or centuries, not over years.” The transition under way now is to natural gas, particularly that from shale plays, he said.

Strong earnings from U.S. natural gas and oil shale operations in 2Q2010 lifted several of the biggest oilfield service company profits, but rough seas are ahead for U.S. offshore operators because of the Gulf of Mexico (GOM) drilling moratorium, Halliburton CEO Dave Lesar said last week.

Strong earnings from U.S. natural gas and oil shale operations lifted Halliburton’s earnings in 2Q2010, but rough seas are ahead for U.S. offshore operators, CEO Dave Lesar said Monday.

While the waters are calm now, some North American natural gas pipelines could face rough sailing as transportation capacity pricing power is eroded by new development and long-term contracts roll off, according to an analysis by Moody’s Investors Service.

While the waters are calm now, some North American natural gas pipelines could face rough sailing as transportation capacity pricing power is eroded by new development and long-term contracts roll off, according to an analysis by Moody’s Investors Service.

Following a rough and tumble year that led to declining production and a slew of asset sales, Anadarko Petroleum Corp. is forecasting better fortunes in 2005, with 7-11% growth in oil and natural gas volumes, the CEO said Friday.

Following a rough and tumble year that led to declining production and a slew of asset sales, Anadarko Petroleum Corp. is forecasting better fortunes in 2005, with 7-11% growth in oil and natural gas volumes, the CEO said Friday.

Following a rough and tumble year that led to declining production and a slew of asset sales, Anadarko Petroleum Corp. is forecasting better fortunes in 2005, with 7-11% growth in oil and natural gas volumes, the CEO said Friday.