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Houston-based independent Burlington Resources Inc. last week said it would reallocate some of its overseas capital into North American operations this year, with 7% more in U.S. operations and 5% more in Canada. The company also created an Office of the Chairman, which will include its current CEO along with the COO and CFO.

The major associations serving the natural gas and oil industries are in the process of forming a coalition to deal with public debate heating up over the number of proposed liquefied natural gas (LNG) import terminals being built around the nation and the growing amount of imported LNG bent on entering the U.S. marketplace to capture soaring market values.

The major associations serving the natural gas and oil industries are in the process of forming a coalition to deal with public debate heating up over the number of proposed liquefied natural gas (LNG) import terminals being built around the nation and the growing amount of imported LNG entering the U.S. marketplace to capture soaring market values.

Joining the ever-growing list of proposed liquefied natural gas (LNG) import terminals aimed at serving U.S. markets, BP threw its hat into the crowded ring Thursday, announcing a planned terminal for southern New Jersey.

Joining the ever-growing list of proposed liquefied natural gas (LNG) import terminals aimed at serving U.S. markets, BP threw its hat into the crowded ring Thursday, announcing a planned terminal for southern New Jersey.

Like others in the natural gas industry, market centers/hubs serving North America have gone through a rough patch in recent years, but most have managed to prosper by quickly adapting to changes in the market, according to a new report by the Energy Information Administration (EIA). The EIA said transportation volumes and overall business activity by market centers in mid-2003 either equaled or surpassed previous levels.

Like others in the natural gas industry, market centers/hubs serving North America have gone through a rough patch in recent years, but most have managed to recover, according to a new report by the Energy Information Administration (EIA). The EIA said transportation volumes and overall business activity by market centers in mid-2003 either equaled or surpassed previous levels.

Energy West Inc., a natural gas, propane and energy marketing company serving the Rocky Mountain states, said Monday that Edward Bernica has resigned as president and CEO and as a member of the board of directors and that John C. Allen has been named by the board to take over the positions on an interim basis. The changes will take effect immediately. Allen has been Energy West’s general counsel, vice president and secretary since 1992. “All of us at Energy West will move forward to work to strengthen our financial position and to provide a solid basis for our company to operate in the new environment facing energy companies,” Allen said. “We will continue to work to strengthen our business operations with particular emphasis on our core businesses in the regulated natural gas and propane distribution businesses. For now, we do not anticipate expanding our involvement in other areas outside of those core businesses.” Chairman G. Montgomery Mitchell said Allen is a leading candidate for assuming the CEO post on a permanent basis.

Black Hills Corp. announced Tuesday it is initiating an internal investigation of its past trade reporting practices in response to a request for information from the Commodity Futures Trading Commission (CFTC).