In all the hoopla surrounding the Marcellus Shale’s natural gas resources and its access to East Coast markets, it may be easy to forget that the Haynesville Shale was once the toast of the gas world. To Encana Corp., it still is.
Toast
Articles from Toast
Encana Touts Haynesville’s Potential for LNG Exports, Growing Gas Demand in South
In all the hoopla surrounding the Marcellus Shale’s natural gas resources and its access to East Coast markets, it may be easy to forget that the Haynesville Shale was once the toast of the gas world. To Encana Corp., it still is.
Barclays: Global LNG Demand Not as Weak as Feared
Those whose toast is buttered by higher domestic gas prices have been watching growing liquefied natural gas (LNG) supply with unease. However, fear of a flood of LNG imports might be misplaced as demand weakness is not universal across Asian markets and Europe is experiencing demand growth, according to analysts at Barclays Capital.
Barclays: LNG Oversupply Not as Bad as Thought
Those whose toast is buttered by higher domestic gas prices have been watching growing liquefied natural gas (LNG) supply with unease. However, fear of a flood of LNG imports might be misplaced as demand weakness is not universal across Asian markets and Europe is experiencing demand growth, according to analysts at Barclays Capital.
Lay Pleads Innocent to 11 Criminal Charges
Kenneth Lay, once an icon of the energy industry and toast of Houston’s social community, on Thursday pleaded innocent to 11 criminal charges in connection with his actions at the failed company that he founded, Enron Corp. Lay, who, if convicted, faces charges that in total carry 175 years in prison and a fine of $5.75 million, also was charged by the Securities and Exchange Commission (SEC).
Lay Pleads Innocent to 11 Criminal Charges
Kenneth Lay, once the toast of Houston’s social community and referred to by President Bush as “Kenny Boy,” on Thursday pleaded innocent to 11 criminal charges in connection with his actions at the failed company that he founded, Enron Corp. Lay, 62, who faces charges that in total carry 175 years in prison if he is convicted, also was charged by the Securities and Exchange Commission (SEC).
Merchant Plants Becoming Toast of Texas
Texas’ power generation capacity continues to grow with two newmerchant plants, one just coming on line and one announced foroperation in 1999. California-based Calpine Corp. said its 240 MWgas-fired Pasadena 1 Power Plant began producing power for thederegulated Texas wholesale market, just in time to help meet peaksummer power demand. The plant, under construction since 1997, cameon-line three months ahead of schedule and about $21 million underbudget. The $131 million power plant is selling power under short-,mid- and long-term contracts and into the open market. Pasadena 1will generate up to 240 MW.