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U.S. Shale Deals Lost Momentum in 3Q, Says Survey

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.

October 12, 2010

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.

September 6, 2010

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.

September 2, 2010

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.

August 5, 2010

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.

May 10, 2010

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.

May 7, 2010

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.

March 22, 2010

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.

March 16, 2010

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.

March 16, 2010

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).

September 15, 2009
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