Soon

ExxonMobil Corp., which soon may become one of the leading natural gas producers in North America, said last week global gas and oil output rose almost 5% and earnings jumped 38% in the first three months of 2010 compared with a year ago.

ExxonMobil Corp., which soon may become one of the leading natural gas producers in North America, said Thursday global gas and oil output rose almost 5% and earnings jumped 38% in the first three months of 2010 compared with a year ago.

A day after it ended an Overage Alert Day (OAD) that had been in effect for the previous five days but warned that another one might become necessary soon, Florida Gas Transmission followed through by issuing a new OAD for market-area customers Wednesday with a 25% tolerance for negative daily imbalances.

A day after it ended an Overage Alert Day (OAD) that had been in effect for the previous five days but warned that another one might become necessary soon, Florida Gas Transmission followed through by issuing a new OAD for market-area customers Wednesday with a 25% tolerance for negative daily imbalances.

While the two partners stayed mum, active solicitation of potential buyers by investment bank Lazard Ltd. has stirred speculation that an announcement is coming soon on the European Commission-mandated sale of the Royal Bank of Scotland’s (RBS) 51% stake in a joint venture commodities trading operation with San Diego-based Sempra Energy. The U.S. energy holding company has made clear that it wants to remain in the highly lucrative trading space.

While the two partners stayed mum, active solicitation of potential buyers by investment bank Lazard Ltd. has stirred speculation that an announcement is coming soon on the European Commission-mandated sale of the Royal Bank of Scotland’s (RBS) 51% stake in a joint venture commodities trading operation with San Diego-based Sempra Energy. The U.S. energy holding company has made clear that it wants to remain in the highly lucrative trading space.

While the two partners are staying mum, active solicitation of potential buyers by an investment bank has stirred speculation that an announcement is coming soon on the European Commission-mandated sale of the Royal Bank of Scotland’s (RBS) 51% stake in a joint venture commodities trading operation with San Diego-based Sempra Energy. The U.S. energy holding company has made clear that it wants to remain in the highly lucrative trading space.

It’s no more than an early indicator now, but soon California’s oil/gas-rich and agricultural-based central valley may become a harbinger for America’s transition to the post-carbon age. A host of small alternative energy businesses are springing up in the oil and farm heartland of the state, along with a proposed cutting-edge carbon capture and storage (CCS) project that recently won a $308 million U.S. Department of Energy (DOE) grant from the stimulus package.

Interest in the Haynesville Shale shows no sign of waning anytime soon. Last week came three more big announcements to expand pipeline capacity from the natural gas shale play.