Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).
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BP Sharing Rosneft Proceeds with Stockholders
BP plc is taking some of the proceeds from the sale of its half-stake in TNK-BP and repurchasing shares valued at up to $8 billion, the operator said Friday.
SDG&E to Seek More Local Generation, Including NatGas
Sempra Energy’s San Diego Gas and Electric Co. (SDG&E) was directed by state regulators Thursday to develop more locally based electricity generation, including some natural gas-fired plants and repowering. SDG&E now seeks to have nearly 300 MW of additional power under contract by 2018.
Apache, Energy XXI to Explore Salt Dome Structures
Energy XXI Ltd. has a deal with Apache Corp. to explore some salt dome structures on the Outer Continental Shelf in the Gulf of Mexico (GOM).
New Mexico Still Attracting Interest Despite Less Production
While Mexico’s gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, state officials and some exploration and production (E&P) companies are maintaining interest in the state’s overall oil, liquids and gas businesses.
Despite Less Production, New Mexico Attracts Interest
While Mexico’s gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, state officials and some exploration and production (E&P) companies are maintaining interest in the state’s overall oil, liquids and gas businesses.
Pembina Mounting C$1B Post Merger Buildout
Calgary-based Pembina Pipeline Corp. said it will proceed with a C$1 billion expansion of its natural gas liquids (NGL) infrastructure, with at least some of the development intended to build upon its acquisition of Provident Energy Ltd., which was completed last year.
Pembina Mounting C$1B Post Merger Buildout
Calgary-based Pembina Pipeline Corp. said it will proceed with a C$1 billion expansion of its natural gas liquids (NGL) infrastructure, with at least some of the development intended to build upon its acquisition of Provident Energy Ltd., which was completed last year.
Enbridge Completes Bakken Pipe Project
Enbridge Bakken Pipeline Co. Inc. has completed and placed in service its 77-mile Bakken Pipeline Project Canada, which connects to the Enbridge Pipelines Inc. (EPI) Mainline and carries crude oil from the Bakken Shale to North American refinery markets, Enbridge Energy Partners LP (EEP) and Enbridge Income Fund said Monday.
Pennsylvania Official: Drilling on Public Lands Will Raise $60M
A Pennsylvania official said royalties from Marcellus Shale natural gas drilling on public lands will add about $60 million to state coffers this year.