The value of global oil and gas deals reached $85 billion during 3Q2010, but U.S. shale gas deals in the quarter lost the momentum from the first half of the year, according to a survey by Evaluate Energy Inc., which tracks global merger and acquisition (M&A) activity on a daily basis.
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Louisiana Parishes Could Get More Resource Revenue
Louisiana parishes want a bigger share of the Haynesville Shale revenue pie, and they might get it if the state’s voters approve a measure on the statewide Nov. 2 ballot.
Proposal Would Give Louisiana Parishes More Resource Revenue
Louisiana parishes want a bigger share of the Haynesville Shale revenue pie, and they might get it if the state’s voters approve a measure on the statewide Nov. 2 ballot.
El Paso Raises 2010 Earnings Guidance
Natural gas pipeline giant El Paso Corp. on Wednesday said quarterly net income rose 86% from a year ago to $147 million (21 cents/share), compared with $79 million (11 cents) in the year-ago period. Revenue rose to $1.4 billion from $1 billion.
Ruby Financing Ready to Go
El Paso Corp. turned its recent losses on their head in 1Q2010, reporting Thursday that it had net profits of $388 million (54 cents/share) versus a loss of $969 million (minus $1.41) in the year-ago period.
El Paso ‘Certainly’ Cash Flow Positive by 2012, Says Foshee
El Paso Corp. turned its recent losses on their head in 1Q2010, reporting Thursday that it had net profits of $388 million (54 cents/share) versus a loss of $969 million (minus $1.41) in the year-ago period.
Move Over, Diesel, NGVs Are Coming Through
Supporters of natural gas vehicles (NGV) aren’t going after the personal vehicle market, at least not initially, but they see a sizeable market share in just replacing diesel fuel in fleet vehicles and the over-the-road diesel market.
Move Over, Diesel, NGVs Are Coming Through
Supporters of natural gas vehicles (NGV) aren’t going after the personal vehicle market, at least not initially, but they see a sizeable market share in just replacing diesel fuel in fleet vehicles and the over-the-road diesel market.
Move Over, Diesel, NGVs Are Coming Through
Supporters of natural gas vehicles (NGV) aren’t going after the personal vehicle market, at least not initially, but they see a sizeable market share in just replacing diesel fuel in fleet vehicles and the over-the-road diesel market.
GAO: MMS Gas Royalties Program Lacks Staff, Tools
The Minerals Management Service (MMS) has no “reasonable assurance” that it receives its share of natural gas royalty-in-kind (RIK) payments, and it risks losing millions in revenue because of a lack of tools and staff, according to an audit by the Government Accountability Office (GAO).