Calgary independent Nexen Inc., which has been dealing with some internal strife after CEO Marvin Romanow abruptly resigned in January, on Thursday reported that quarterly profits were impacted by lower production and natural gas prices.
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Barclays: Recession Cuts Gas Demand for Power
Economic strife and the consequent downturn in gas demand, particularly for power generation, and growing domestic production have flipped the priorities of the gas industry, at least for the time being, according to analysts at Barclays Capital.
February 16, 2009
Barclays: Power Plants Most Likely Home for Growing Gas Supply
Economic strife and the consequent downturn in gas demand, particularly for power generation, and growing domestic production have flipped the priorities of the gas industry, at least for the time being, according to analysts at Barclays Capital.
February 12, 2009