With production exceeding its forecasts and wind in its sails, BP plc will hold a steady course through 2010 before launching a slew of new projects in 2011, CEO Tony Hayward said Tuesday.
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North America Seen Most Affected by Producer Capex Cuts
Spending by oil majors has held steady, but independents and smaller producers have cut their capital spending (capex) this year by at least a third because of weak cash flow and a lack of borrowing access, a survey by energy investment bank Tristone Capital reported Friday.
North America Seen Most Affected by Producer Capex Cuts
Spending by oil majors has held steady, but independents and smaller producers have cut their capital spending (capex) this year by at least a third because of weak cash flow and a lack of borrowing access, a survey by energy investment bank Tristone Capital reported Friday.
Imminent Natural Gas Supply Glut Not Likely, Analyst Says
A steady increase in production from the burgeoning Haynesville Shale of northwestern Louisiana will be offset by moderating activity in other producing regions, significant midstream bottlenecks and a lower futures curve, making an imminent natural gas supply glut unlikely, according to MorningStar analyst Eric Chenoweth.
Imminent Natural Gas Supply Glut Not Likely, Analyst Says
A steady increase in production from the burgeoning Haynesville Shale of northwestern Louisiana will be offset by moderating activity in other producing regions, significant midstream bottlenecks and a lower futures curve, making an imminent natural gas supply glut unlikely, according to MorningStar analyst Eric Chenoweth.
Midwest Storms Delay REX-West, Big Sandy
A steady downpour across the Midwest this month has led to delays in starting up a portion of the Rockies Express (REX) pipeline and the Big Sandy Pipeline project.
NEB Long-Term Forecast: Canadian Gas Exports Go to Zero
Canadian natural gas exports are poised for a steady decline to zero over the next quarter-century if current market conditions persist, according to a new long-range forecast by the National Energy Board (NEB).
NEB Long-Term Forecast: Canadian Gas Exports Go to Zero
Canadian natural gas exports are poised for a steady decline to zero over the next quarter-century if current market conditions persist, according to a new long-range forecast by the National Energy Board (NEB).
Alberta Seeing Diminished Flows From Revenue Tap
The Alberta government is spending more but enjoying it less after accepting industry projections of a steady decline ahead in natural gas production. While hiking spending by 10.7% to help services from schools to sewers catch up with growth lubricated by oilsands development, the province braced for erosion of gas as its biggest revenue earner.
Alberta Seeing Diminished Flows From Revenue Tap
The Alberta government is spending more but enjoying it less after accepting industry projections of a steady decline ahead in natural gas production. While hiking spending by 10.7% to help services from schools to sewers catch up with growth lubricated by oilsands development, the province braced for erosion of gas as its biggest revenue earner.