Notably absent from those stepping up to commercialize Alaska’s vast North Slope gas reserves with pipeline/liquefied natural gas (LNG) projects under a state-sanctioned plan are the region’s three major producers and a pipeline company that many expected to throw its hat in the ring.
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Producers Absent from Applicants Under Alaska Pipeline Plan
Notably absent from those stepping up to commercialize Alaska’s vast North Slope gas reserves with pipeline/liquefied natural gas (LNG) projects under a state-sanctioned plan are the region’s three major producers and a pipeline company that many expected to throw its hat in the ring.
NGSA Chairman Sees Flat Production Volumes Without More Access
Natural gas producers are responding “very aggressively” to the price signals in the market by stepping up production activity, but production volumes are expected to remain flat at best without access to new resources, said the chairman of a major gas producer group Tuesday.
Large Industrial Customers React to Gas Prices by Hedging, Conserving
The industrial sector of the U. S. economy is responding to historically high natural gas prices by doing more hedging, stepping up conservation efforts, turning to alternative energy and generally “playing at the margin,” said a representative for large industrial customers at the LDC Forum in Los Angeles Wednesday
Producers Want Mackenzie Project Opened to Broader Exploration Plans
A new front is flaring up in the Canadian conflict over northern development, with Mosbacher Operating Ltd. (MOL) stepping forward as champion of independent companies’ rights against the industry giants’ Mackenzie Gas Project (MGP).
Producers Want Mackenzie Project Opened to Broader Exploration Plans
A new front is flaring up in the Canadian conflict over northern development, with Mosbacher Operating Ltd. (MOL) stepping forward as champion of independent companies’ rights against the industry giants’ Mackenzie Gas Project (MGP).
Pemex Increases Exploration Spending to Boost Reserves
The director of exploration and production (E&P) for Mexico’s state-run oil monopoly Petroleos Mexicanos (Pemex) said the company is stepping up its spending to increase its proven reserves replacement from the current 15% a year to 77% by 2010.
Pemex Increases Exploration Spending to Boost Reserves
The director of exploration and production (E&P) for Mexico’s state-run oil monopoly Petroleos Mexicanos (Pemex) said the company is stepping up its spending to increase its proven reserves replacement from the current 15% a year to 77% by 2010.
FERC Puts CA Coastal Agency’s Concerns About LNG Project to Rest
FERC last Thursday assured the California Coastal Commission (CCC) that it was not stepping on the agency’s toes by asserting “exclusive jurisdiction” over Sound Energy Solution’s (SES) planned liquefied natural gas (LNG) terminal for the Port of Long Beach, CA.
Bullish Storage Report Gives Futures a Hoof Up
Getting a slightly bullish boost from the Energy Information Administration’s (EIA) weekly gas storage report, July natural gas futures on Thursday closed up 7 cents at $6.485. The EIA reported that 85 Bcf of gas was injected into underground storage for the week ended June 18.