Suppliers

U.S. suppliers will turn the tables on Canadian rivals in the North American natural gas market by fully reversing current cross-border flows in the Niagara Falls trading region of Ontario and New York State, TransCanada Corp. predicts.

U.S. suppliers will turn the tables on Canadian rivals in the North American natural gas market by fully reversing current cross-border flows in the Niagara Falls trading region of Ontario and New York State, TransCanada Corp. predicts.

The U.S. Environmental Protection Agency (EPA) wants to know how Marcellus Shale operators handle their produced water in Pennsylvania.

Executives with BG Group plc, one of the world’s largest suppliers of liquefied natural gas (LNG) and an ever-larger U.S. shale gas producer, on Tuesday dismissed concerns about the bloated global gas market.

Natural gas and electric suppliers last Wednesday expressed support for a House discussion draft on regulatory reform that seeks to preserve “the legitimate function” of using derivatives to hedge commodity price risk.

Natural gas and electric suppliers Wednesday expressed support for a House discussion draft on regulatory reform that seeks to preserve “the legitimate function” of hedging commodity price risk.

Unlike the U.S. industrial sector, particularly electric generation, which has struggled with high wholesale fuel commodity costs, oil and gas suppliers enjoyed more favorable credit ratings and profits in the first half of this year, carrying over the same momentum from all of 2007, according to a recent Standard & Poor’s Ratings Services (S&P) report.

Unlike the U.S. industrial sector, particularly electric generation, which has struggled with high wholesale fuel commodity costs, oil and gas suppliers enjoyed more favorable credit ratings and profits in the first half of this year, carrying over the same momentum from all of 2007, according to a recent Standard & Poor’s Ratings Services (S&P) report.

Canadian natural gas exporters continue to make gains, defying consensus forecasts that their role as suppliers to “continental” North American trading will fade due to shrinking reserves and rising industrial demand in Alberta.