Scheme

When it comes to royalties, less is more as far as producers are concerned. But a proposed restructuring of Alberta’s royalty scheme announced earlier this month might not be enough to stem rapid gas production declines in the province, analysts at Barclays Capital warned recently.

When it comes to royalties, less is more as far as producers are concerned. But a proposed restructuring of Alberta’s royalty scheme announced earlier this month might not be enough to stem rapid gas production declines in the province, analysts at Barclays Capital warned recently.

When it comes to royalties, less is more as far as producers are concerned. But a proposed restructuring of Alberta’s royalty scheme announced earlier this month might not be enough to stem rapid gas production declines in the province, analysts at Barclays Capital warned recently.

A 71-year-old New York state man pleaded not guilty last Thursday in U.S. District Court to bilking investors out of $35 million in a ponzi scheme involving oil and natural gas exploration in Kentucky and Tennessee.

A 71-year-old New York state man pleaded not guilty Thursday in U.S. District Court to bilking investors out of $35 million in a ponzi scheme involving oil and natural gas exploration in Kentucky and Tennessee.

A cap-and-trade scheme to regulate greenhouse gas emissions would be “the single largest tax in the history of our nation,” Texas Gov. Rick Perry told attendees at the Interstate Oil and Gas Compact Commission (IOGCC) annual meeting in Biloxi, MS, last Monday. Perry was named chairman of the group of governors from oil- and gas-producing states.

A cap-and-trade scheme to regulate greenhouse gas emissions would be “the single largest tax in the history of our nation,” Texas Gov. Rick Perry told attendees at the Interstate Oil and Gas Compact Commission (IOGCC) annual meeting in Biloxi, MS, Monday. Perry was named chairman of the group of governors from oil- and gas-producing states.

National Fuel Marketing Co. LLC (NFM) and affiliates have vowed to fight in court FERC allegations that NFM used its affiliates in an unlawful scheme to secure a larger allocation of “scarce and valuable” interstate natural gas transportation capacity on Cheyenne Plains Natural Gas Co. pipeline than the Denver-based company could have acquired on its own.

Forecast costs of Canada’s arctic natural gas pipeline project have jumped 116% and the beleaguered scheme’s sponsors have pushed the target date for starting deliveries back at least three years.