Sign

U.S. liquefied natural gas (LNG) imports were up 41% in April compared with a year ago and remain on track to grow 60% or more in 2007, a sign that the global LNG market “may be coming of age,” Lehman Brothers analyst Thomas Driscoll said. He noted that the effect on gas prices, however, is decidedly bearish.

Federal and Wyoming officials are not ready to sign off on a Bureau of Land Management (BLM) plan to allow more natural gas wells to be drilled in the growing Pinedale Anticline area.

Federal and Wyoming officials are not ready to sign off on a Bureau of Land Management (BLM) plan to allow more natural gas wells to be drilled in the growing Pinedale Anticline area.

In a sign that companies are taking the initiative to shape expected legislation, ConocoPhillips last week became the first U.S.-based oil major to voice its support for a federal greenhouse gas (GHG) emissions cap.

In a sign that companies are taking the initiative to shape expected legislation, ConocoPhillips is the first U.S.-based oil major to voice its support for a federal greenhouse gas (GHG) emissions cap.

EnCana Corp.’s management team said Thursday they were glad to see the turn to colder weather in the past month, a sign that some of the company’s natural gas-directed drilling soon will be back on track.

EnCana Corp.’s management team said last week the turn to colder weather in the past month is a sign that some of the company’s natural gas-directed drilling soon will be back on track.

In a moment long awaited by the energy industry and consumers, President Bush Wednesday is expected to sign into law legislation that will open up the eastern Gulf of Mexico to oil and natural gas leasing, according to Sen. Mary Landrieu’s (D-LA) office.

Pipeline expansions in the Rocky Mountains are a “bullish sign for Rockies producers…that should result in lower differentials going forward and add value” to the region’s natural gas reserves, Gasco Energy Inc. CEO Mark Erickson said Wednesday.